Transportation & Logistics
Coach America files for bankruptcy
The largest tour and charter bus operator, Coach America, filed for bankruptcy protection in Delaware. The company is also the second largest motorcoach service provider in the U.S. This procedure will allow the company to continue to operate and service customers.
The President and his Administration have decided not to cut the number of hours truck drivers can log on a daily basis. The new rule issued recently continues to permit drivers to be on the road for up to 11 hours a day but does reduce the maximum driving hours per week to 70. That's a reduction of 12 hours. The 34 hour gap between the end of one work week and the start of another remained unchanged. Further rules state driver must take a minimum 30 minute break between 8 hour shifts.
Great gifts year around
Visit the Transit Museum of New York for entertaining gifts for the holidays or year around. For the home or for the office these items are sure to please and are always great conversation pieces.
Auto industry aid bill passes House, Senate GOP opposed
The House of Representatives and the White House came to an agreement on auto industry aid, however Senate GOP members have vowed to oppose it. Although Ford has stated they can survive without the aid, it is unlikely that GM and Chrysler could. Why Chrysler is subject to any aid by the Congress is still a mystery. This private company has the backing of a private equity fund which should supply any needed financing as opposed to the American taxpayers fitting the bill.
According to Forbes online Hawaii will launch a super ferry on August 28. This super ferry is 340 feet long and capable of holding 866 passengers and 282 small cars, although officials only expect to serve about 400 people and 110 vehicles of all types from motorcycles to buses. The ferry will begin with one ship going between Oahu, Kauai and Maui. The ferry is taking reservations now and the costs range from $52 for one way and an additional $59 to $69 for vehicles. An additional ship will provide more trips but not until 2009.