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Obama Auto Team Wraps Up in Detroit

March 8, 2009 at 10:44 pm

(Source: Wall Street Journal)

President Barack Obama’s auto team will spend Monday at the Detroit home of the Big Three as the administration begins to narrow its options for helping the reeling auto sector.

The field trip wraps up nearly three weeks of fact gathering by the team since General MotorsCorp. and Chrysler LLC submitted their rescue plans to the Treasury Department in the hopes of winning billions more in government loans. Ford Motor Co. is not seeking government aid.

Top Treasury Department advisers Steven Rattner and Ron Bloom, who are leading the auto task force, plan to use the day in Detroit to hone an array of lingering questions surrounding the companies’ rescue plans, which many analysts have criticized as overly optimistic. The team will also meet with the United Auto Workers union to discuss its willingness for deep compromises over wages, staff cutbacks and funding for its retiree health plan.

The weeks ahead are filled with peril for both the White House and the auto makers as administration officials face a March 31 deadline for deciding whether to give the companies nearly $22 billion more in federal assistance.

Click here to read the entire article.

Wall Street Journal: Florida Highway Upgrade Goes Private

March 8, 2009 at 10:34 pm

Florida Deal With Spanish-Led Group Serves as a Model for Cash-Strapped States

(Source:  Wall Street Journal)

In a deal struck last week, a Spanish-led group will be paid as much as $1.8 billion over 35 years to design, build, operate and maintain three new toll lanes along traffic-clogged Interstate 595 near Fort Lauderdale. The agreement came as something of a surprise during a period of turmoil in credit markets, and many experts called it a model for how states and private investors can work together to upgrade the nation’s aging roads, bridges and other transportation infrastructure.

“This project is a harbinger of what we may be seeing over the next decade or so, as we don’t have enough money for major construction,” said Robert Poole, director of transportation studies at the Reason Foundation, a free-market think tank.

Photo Courtesy:  Mike Stocker/The Sun-Sentinel

Interstate 595 near Fort Lauderdale, Fla., will get three new toll lanes as part of a deal struck last week.

Interstate 595 near Fort Lauderdale, Fla., will get three new toll lanes as part of a deal struck last week.

Florida, Texas, Virginia and many other states are increasingly looking to road-privatization deals to close a growing gap between their infrastructure needs and their available resources. Even with an additional $48 billion in stimulus funds on its way to states for transportation work, many states are being forced to cut projects because traditional sources of such funding, such as gasoline taxes and levies on vehicle sales, have declined.

Click here to read the entire article. 

CNN Commentary: Truck stop dentist feels no pain

March 8, 2009 at 8:14 pm

 (Source: CNN)

STORY HIGHLIGHTS   

  • Dentist in Iowa found ingenious way of boosting his business
  • He says dentist set up a thriving practice at a busy truck stop on Interstate 80
  • Traffic ensures there will be some truckers in need of dental care
  • He says the dentist can’t rely on return business from his patients

One dentist in Iowa found an ingenious way of keeping his chair filled with patients.

You may not have the answer for how to thrive in a lousy economy. I may not have the answer for how to thrive in a lousy economy. But the truck stop dentist figured it out a long time ago.

“When your dental practice is in a truck stop, you don’t have a lot of patients coming in for their six-month cleanings,” said Dr. Thomas P. Roemer. “You have people walking in holding their jaws in pain. Treatment is not optional — they need to see a dentist, and they need to see me now.”

Dr. Roemer’s one-man dental office is inside the Iowa 80 Truckstop, at Exit 284 of Interstate 80, near the small town of Walcott. The complex proclaims itself to be the world’s largest truck stop, and if you’ve never been there — well, the truck stop itself is probably a story for another time. Suffice it to say that the establishment is spread over 200 acres, that it features its own movie theater, a 300-seat restaurant with a 50-foot salad bar, the Super Truck Showroom (more than 75,000 truck-related items for sale, festooned with enough gleaming chrome to make you reach for your sunglasses).

Click here to read the entire article.  (Video is not from the CNN article.  I found it on YouTube)

California And Detroit Go To War Over Gas Mileage

March 8, 2009 at 6:58 pm

 (Source:  Time

For more than three decades Detroit’s Big Three and their allies have successfully blocked or limited changes to the nation’s fuel economy rules. However, with General Motors and Chrysler LLC facing bankruptcy, the carmakers are making what could be one last stand, and this one they may well lose.

Currently fuel economy standards are set by the Environmental Protection Agency. But President Obama, moving to fulfill one of his campaign promises to the state of California, has asked the EPA to consider revising Bush-era rulings so California can impose its own limits on greenhouse gas emissions from motor vehicles. On Thursday, the EPA held public hearings on a possible revision, and it will accept written comments until April 6th with a decision, hopefully, soon to follow. But the EPA has already indicated its discomfort with the original decision made several years ago to deny California the right. Environmentalists, take heart. (See TIME’s portraits of American autoworkers)

Automakers argue that the state’s greenhouse-gas emission standards amount to new fuel-economy rules because about the only way to meet the California standard is to limit the use of fuel burned in the engine: Cars and trucks would have to get 43 miles per gallon on average by 2016, which is far higher than the 35 miles per gallon by 2020 target currently approved by Congress in the Energy Act of 2007. Such a leap would require sweeping changes in the vehicles American drive.

Click here to read the entire article. 

High-Speed Rail Drives Obama’s Transportation Agenda

March 8, 2009 at 1:20 pm


(Source: Washington Post)

The Northern Lights Express is little more than an idea — a proposal for a 110-mph passenger train between Minneapolis and Duluth, Minn., that has crept along in fits and starts for years.

But the slow ride may soon be over. The project is one of dozens nationwide that are likely to benefit from President Obama’s initiative to fund high-speed and intercity passenger rail programs, including $8 billion in stimulus money and $5 billion more over the next five years in the administration’s proposed transportation budget.

The money represents the first major step toward establishing a genuine high-speed train network in the United States and has sparked a stampede among states, advocacy groups and lobbyists who are not accustomed to this level of funding.  

“We’re going to turn over every stone we can,” said Steve Raukar, a commissioner in St. Louis County, Minn., who chairs the Northern Lights Passenger Rail Alliance, which is spearheading the drive for the $500 million project. “We’re trying to get everything moving as fast as possible with the understanding that this is a once-in-a-lifetime opportunity for funding.”

 High-speed rail has emerged as the cornerstone of Obama’s ambitious attempt to remake the nation’s transportation agenda, which for half a century has focused primarily on building highways and roads. Nearly half of the $48 billion in stimulus money for transportation projects will go toward rail, buses and other non-highway projects, including $1.3 billion for Amtrak and its successful rapid rail service, Acela. The Transportation Department also would receive $2 billion more under Obama’s proposed 2010 budget, most of it for rail and aviation improvements.Click here to read the entire article. 

Caught at 100 mph — now what?

March 8, 2009 at 12:12 pm
  (Source: AOL Autos via CNN) 

 Basketball phenom LeBron James has one. As does actor Matt Dillon. So, famously, does politician Al Gore’s son.

A triple digit speeding ticket results in different punishments in different states.

You may think it’s a Bentley, Benz or even a Prius, or the latest celebrity accoutrement, but we’re not talking about that. All of these famous individuals have a speeding ticket citation for allegedly driving above 100 mph.

As the three drivers were cited in three different states, they all face varying combinations of penalty fines, courts fees and possible license suspensions. But even if a prospective fine won’t hit LeBron’s oversized pocketbook too hard, it often adds up to a pretty penny for the average motorist once an insurance adjustment — or policy cancellation — is taken into account.

What does it mean to get caught going triple digits? We take a look.

When you hear about it

Maybe you were driving too fast on a straight section of freeway and heard that ominous siren that means a hefty speeding fine is on the way. Maybe you were opening your mail over a cup of morning coffee and noticed a letter with a funny-looking city insignia on it.

Or maybe you were sitting watching TV when you noticed a police car pulling up outside then heard a knock on the door. However the police got to you — and it varies by the state you live in – you’ve now been cited for driving above 100 mph.

Click here to read the entire article.

Used hybrid values have “fallen off a cliff”

March 8, 2009 at 12:40 am

(Source: Autobloggreen

 

As we’re sure you’ve noticed every time you’ve gone to refill your gas tank in the last few months, gas is once again relatively cheap. Just under a year ago, the price for a gallon of fuel was about double what it is today in most parts of the country, and those high costs were driving the sales of hybrids – both new and used – to record levels. Now? Well, not so much.

According to Kelley Blue Book, used hybrid prices have fallen by an amazing 23.5 percent since last summer, and 4.5 percent of that has come in the first two months of 2009. It’s not just fuel prices that are causing hybrid values to plummet. Due to the lack of discretionary spending money and despite the savings on each tank of gas, the extra cost associated with a hybrid at the time of initial purchase is something that many buyers are unwilling to consider.

Click here to read the entire article.

U.S. Dept of Transportation: Surface Trade with Canada and Mexico Fell 13.1 Percent

March 7, 2009 at 4:40 pm

(Source:  USDOT’s Bureau of Transportation Statistics)

Tuesday, March 3, 2009 – Trade using surface transportation between the United States and its North American Free Trade Agreement (NAFTA) partners, Canada and Mexico , was 13.1 percent lower in December 2008 than in December 2007, dropping to $52.9 billion, according to the Bureau of Transportation Statistics (BTS) of the U.S. Department of Transportation (Table 1).  December was the second straight month with a year-to-year decline of greater than 13 percent.

The value of U.S. surface transportation trade with Canada and Mexico fell 12.8 percent in December from November (Table 2).  Month-to-month changes can be affected by seasonal variations and other factors. 

Surface transportation consists largely of freight movements by truck, rail and pipeline.  About 88 percent of U.S. trade by value with Canada and Mexico moves on land.

Click here to read more.  

Seen below is the PDF version of the report.

[ipaper id=13078105]

Wanna know where is Todd Palin? Iditarod Trail Sled Dog Race begins in Anchorage

March 7, 2009 at 4:13 pm

(Source: Washington Post)

ANCHORAGE, Alaska — A party atmosphere swirled around Alaska’s largest city at the start of the Iditarod Trial Sled Dog Race on Saturday, when 67 mushers and more than 1,000 dogs set their sights for Nome.

Two-time defending champion Lance Mackey said he is going into the 2009 Iditarod with the same attitude as always: “Expect the worst and hope for the best.”

Regardless of what happens along the 1,100-mile trail, Mackey is sure of one thing.

“We are going to have a heck of a race, no matter what,” he said.

 Saturday was mostly for the fans so that they can cheer on their favorite mushers, some of whom have rock star status in Alaska. Every two minutes, another team was released from the starting chute to go on a short run through Anchorage.

Click here to read the entire article.  

British Touring Car Championship to begin testing CO2 emissions

March 7, 2009 at 3:35 pm

(Source: Autobloggreen)

Motorsports of all kinds are feeling the pressure to reduce their environmental footprint, and the British Touring Car Championship is no different. In an effort to demonstrate their commitment to green racing (a contradiction in terms?), the BTCC has started testing the race cars of its various contenders at Land Rover’s lab in Solihull to be sure that their carbon emissions are in line with the road cars on which they are based.

Alan Gow, BTCC series director, says, “To my mind, it’s a far more meaningful demonstration of our credentials to motor manufacturers, environmental groups, sponsors, the government, motorists and the BTCC’s many millions of fans than us taking less convincing (or demanding) steps.”
Click here to read more.