Transportation

  • February 8, 2013

    French Rail Project Draws $267M Loan For Upgrades

    The European Investment Bank has inked a deal to provide a €200 million ($267 million) loan to upgrade an electrical rail system connecting France’s Rhones-Alps region and further promote sustainable transportation, the bank said Friday.

  • February 8, 2013

    ConAgra, Kraft Say Food Storage Co. Flouted $59M Deal

    Refrigerated storage company Americold Logistics LLC breached a $58.7 million settlement agreement with ConAgra Foods Inc., Kraft Foodservice Inc., Safeway Inc. and others after a lengthy battle over insurance coverage, the food companies claim in a suit removed to Kansas federal court Thursday.

  • February 7, 2013

    Calif. Firing Motive Ruling Could Deflate Worker Suits

    In a closely watched decision in favor of the city of Santa Monica, the California Supreme Court held Thursday that employers can’t be on the hook for damages when discrimination factors into a termination if the worker would have been fired anyway for a legitimate reason, a ruling that could quash discrimination, wrongful firing and whistleblower retaliation suits across the state, attorneys say.

  • February 7, 2013

    Google Opposition Stalls Colo. Driverless Car Bill

    Colorado lawmakers delayed a bill Tuesday that would have set guidelines for the use of driverless cars in the state after Google Inc., the leading developer of the technology, said it opposed the legislation.

  • February 7, 2013

    EU Plan Forces More Cos. To Reveal Data Breaches

    The European Commission released a proposed cybersecurity directive Thursday imposing new reporting requirements for the energy, banking, transportation and health sectors as well as other “enablers of key Internet services,” forcing private companies to divulge all data breaches that significantly impact their operations to government authorities.

  • February 6, 2013

    Pa. Bills Would Fuel Transition To Natural Gas Vehicles

    A group of Republican state lawmakers in Pennsylvania introduced a package of bills Tuesday designed to provide loans, grants and tax credits to private companies, municipalities and school districts across the state to modernize their fleets with vehicles powered by natural gas.

  • February 6, 2013

    Former Sen. Hutchison Joins Bracewell As Senior Counsel

    Former Sen. Kay Bailey Hutchison, R-Texas, has joined Bracewell & Giuliani LLP in Dallas as senior counsel to advise clients from the banking, energy, transportation and telecom sectors on federal regulatory matters, the firm announced Wednesday.

  • February 5, 2013

    Tougher LA Ports Oversight May Propel Pollution Crackdowns

    A California local air district voted Friday to step up its oversight of emissions coming from the Los Angeles and Long Beach harbors, which make up the biggest marine port complex in the U.S., a move experts said could encourage other air agencies to increase pressure on major ports to cut pollution.

  • February 5, 2013

    Overseas Shipholding Gets $25M DIP To Keep Tankers Afloat

    Troubled oil tanker giant Overseas Shipholding Group Inc. won approval Tuesday for debtor-in-possession financing packages that earmark a total of $25 million to keep portions of its fleet up and running during its restructuring.

  • February 5, 2013

    DOT To Distribute $2B For Post-Sandy Transit Repair

    The first $2 billion of the $10.9 billion in emergency funds Congress approved last month for Hurricane Sandy relief will be distributed soon for capital costs associated with damaged public transportation facilities and equipment, federal transportation officials said Monday.

  • February 4, 2013

    DOT Chief Ray LaHood Leaves Agency At Crossroads

    U.S. Transportation Secretary Ray LaHood is stepping down, and experts say his replacement will need to be equal parts infrastructure wonk and congressional backslapper to steer the agency through a tough debate about how to pay for America's roads, rails and ports.

  • February 4, 2013

    Pa. Transit Authority Sued Over Maintenance Contract Breach

    The Southeastern Pennsylvania Transportation Authority was hit with a lawsuit in state court Friday saying that it improperly backed out of approximately $1 million worth of contracts with a Philadelphia maintenance company.

  • February 4, 2013

    Blackstone Digs Into Pair Of Maldives Seaplane Cos.

    Private equity titan Blackstone Group LP has bought a controlling stake in a pair of Maldives seaplane operators, it said Sunday, leaving it poised to cash in on a decadelong tourism boom for the island nation that reached its peak last year.

  • February 1, 2013

    Calif. Panel Set To Take Up Clean Tech Bill For Vehicles

    A California Assembly committee on Monday afternoon will consider a bill that seeks to extend three state programs to improve air quality and invest in clean technology and renewable fuel for cars, trucks and other vehicles, but an anti-tax group claims the measure would force car owners to pay billions of dollars in fees.

  • February 1, 2013

    NLRB Deems NYC School Bus Strike Legal

    The National Labor Relations Board on Friday rejected a bid by a coalition of private bus companies to put a stop to an ongoing strike by New York City school bus drivers, finding that the strike does not violate federal labor law.

  • January 31, 2013

    EEOC To Probe TSA Workplace Environment

    The U.S. Equal Employment Opportunity Commission will look into allegations that several regional Transportation Security Administration offices fostered hostile work environments, a congressman said Tuesday.

  • January 30, 2013

    2nd Circ. Lets Daimler Off Hook In $4B Chrysler Feud

    The Second Circuit on Wednesday unanimously affirmed the dismissal of $4 billion in damages claims the Chrysler Corp. bankruptcy estate's liquidation trust brought against Daimler AG and its affiliates over their spinoff of the beleaguered carmaker, according to Daimler's attorneys.

  • January 30, 2013

    Fla. Bill Would Limit Developers' Share Of Transit Upgrades

    A bill introduced Tuesday in the Florida House of Representatives is aimed at moving the state one step ahead in a long, winding effort to find balance in rules addressing traffic congestion and development by expanding requirements for cost sharing between builders and local governments.

  • January 30, 2013

    Texas Sen. Cornyn Pushes For Public-Private Port Deals

    U.S. Sen. John Cornyn, R-Texas, introduced legislation Wednesday to encourage public-private partnerships to boost staffing and improve infrastructure at U.S. ports of entry.

  • January 30, 2013

    NJ Turnpike Authority Eyes $1.4B Bond For Roadwork

    The New Jersey Turnpike Authority plans to issue a $1.4 billion bond in April to continue construction projects on several of its thoroughfares, an authority spokesman said Wednesday.