Toll roads in the U.S. continue to maintain high investment-grade ratings despite prolonged economic malaise, according to a new Fitch Ratings report. “Rating changes from small reductions in traffic volumes or slowing growth were tempered due to continued, albeit reduced, pricing power,” said Scott Zuchorski, Director in Fitch’s Global Infrastructure and Project Finance group. “Out […]
The Pennsylvania Department of Environmental Protection today announced that its Alternative Fuels Incentive Grant (AFIG) Natural Gas Vehicle program is now open. The program will provide an estimated $10 million in grants to help companies and organizations purchase or convert medium to light-weight natural gas vehicles. “During last year’s natural gas vehicle seminars, we heard […]
After a year of competitive testing, Zenith Motors, LLC has selected UQM Technologies, Inc. (NYSE MKT: UQM) to provide PowerPhase Pro® 135 systems as the drivetrain in its all-electric shuttle vans. Shipments of the PowerPhase Pro 135 systems to Zenith Motors are scheduled to begin in June 2013. “This agreement with Zenith Motors demonstrates the […]
A new report issued by American Trucking Associations, ATA American Trucking Trends 2013, demonstrated that trucking continues to be the dominant mode of freight transportation in the United States as even more goods were delivered by truck. “Good data is important to good policy-making,” said ATA President and CEO Bill Graves. “And the data in […]
ChargePoint and National Grid has unveiled the first of what it reports will be many electric vehicle charging stations funded through a $1 million award from the New York State Energy Research and Development Authority (NYSERDA). Governor Cuomo’s ‘Charge NY’ program is developing an EV charging infrastructure across the state that will encourage and accommodate […]
Scania will deliver 360 city buses to the state-owned company Syarikat Prasarana Negara Berhad (Prasarana). The buses will operate in the city of Kuantan and in the capital Kuala Lumpur. “Scania buses and coaches are renowned for their fuel economy, reliability, safety and comfort. Each component is engineered to heighten the performance of the vehicle. […]
