Category Archives: transportation

June 2024 U.S. Transportation Sector Unemployment at 4.8%

Posted on 5 July 2024 by Ken Zino

Unemployment in the transportation sector was higher than overall unemployment. BLS said that the U.S. unemployment rate, not seasonally adjusted, in June 2024 was 4.3% or 0.5 percentage points below the transportation sector rate. Seasonally adjusted, the U.S. unemployment rate in June 2024 was 4.1%. Continue reading →

Posted in auto news, economy, labor issues, people, transportation | Tagged , , , , , , , , | Leave a comment

Ex VP of KanRus Trading Guilty Exporting Avionics to Russia

Posted on 3 July 2024 by Ken Zino

Douglas Edward Robertson, 56, of Olathe, Kansas, the former vice president of KanRus Trading Company Inc., pleaded guilty yesterday for his role in a years-long conspiracy to circumvent U.S. export laws by filing false export forms with the U.S. government and, after Russia’s unprovoked invasion of Ukraine in February 2022. KanRus continued to sell and export sophisticated and controlled avionics equipment to customers in Russia without the required licenses from the U.S. Department of Commerce, the Justice Department said. The so-called Federal Security Service of the Russian Federation (FSB aka FSS) the main security agency of Russia, successor agency to the KGB of the  Soviet Union also used KanRus. Continue reading →

Posted in aviation, electronics, engineering, fools 'n frauds, people | Tagged , , , , , , , , , , , , , | Leave a comment

Stellantis Adds Another $55 Million to Archer Aviation

Posted on 2 July 2024 by Ken Zino

“Few things rival the excitement of seeing a dream take flight. I applaud the innovation, expertise and hard work of the engineering and manufacturing teams from Stellantis and Archer,” said Carlos Tavares, Stellantis CEO. “With this additional investment in Archer, we remain on course for a future where freedom of mobility extends beyond today’s roads.” Continue reading →

Posted in aviation, economy, electric vehicles, environment, milestones, mobility company, news analysis, transportation | Tagged , , , , , , , , , , | Leave a comment

NHTSA Eases CAFE Regs For 2027-2031 Model Years

Posted on 7 June 2024 by Ken Zino

“Not only will these new standards save Americans money at the pump every time they fill up, they will also decrease harmful pollution and make America less reliant on foreign oil,” U.S. Transportation Secretary Pete Buttigieg said. “These standards will save car owners more than $600 in gasoline costs over the lifetime of their vehicle.” Continue reading →

Posted in auto news, economy, energy, environment, fuel economy or emissions, news analysis, shows and events, transportation | Tagged , , , , , , , , , | Leave a comment

UAW Strikes Again – This Time at Penske Logistics in El Paso

Posted on 29 May 2024 by Ken Zino

Members of UAW Local 286 walked off the job this morning in an “unfair labor practice strike” following the company’s “refusal to negotiate a first contract in good faith.” More than 40 workers in the clerical unit of the Penske Logistics operation in  El Paso, TX, voted to form their union more than a year ago. They have allegedly been stonewalled by the company in their attempt to win a first contract. Members are seeking fair pay, real paid time off, and better benefits, particularly health care. Penske Logistics did not immediately respond to an AutoInformed request for comment.

“The company’s refusal to sit down with workers and hash out a deal with fair pay and benefits so workers can care for their families is unacceptable,” said UAW Region 8 Director Tim Smith. “It’s time for Penske to get serious and negotiate in good faith.” Continue reading →

Posted in auto news, customer satisfaction, labor issues, news analysis, transportation | Tagged , , , , , , , , , , | Leave a comment

Hydrogen – Plug Power Energy Gets $1.6B Loan Guarantee

Posted on 24 May 2024 by Ken Zino

“Advancing clean hydrogen is a key component of the Biden-Harris Administration’s whole-of-government approach to building a robust clean energy economy that creates healthier communities, strengthens energy security, and delivers new economic opportunities across the nation. Today’s announcement will help unlock the full potential of this versatile fuel and support the growth of strong, American-led industry that ensures the United States remains at the forefront of the global economy for generations to come,” said Jigar Shah, Director of the Loan Programs Office. Continue reading →

Posted in alternative fuels, awards, economy, environment, fuel economy or emissions, global warming, milestones, news analysis, public health, shows and events, transportation | Tagged , , , , , , , , , , | Leave a comment

Norfolk Southern Settles East Palestine Derailment with EPA

Posted on 23 May 2024 by Ken Zino

“No community should have to experience the trauma inflicted upon the residents of East Palestine,” said EPA Administrator Michael S. Regan. “That’s why President Biden pledged from the beginning that his Administration would stand with the community every step of the way. Today’s enforcement action delivers on this commitment, ensures the cleanup is paid for by the company, and helps prevent another disaster like this from happening again. Because of this settlement, residents and first responders will have greater access to health services, trains will be safer, and waterways will be cleaner,” Regan said. Continue reading →

Posted in environment, litigation, news, transportation | Tagged , , , , , , , , , , | Leave a comment

Biden Administration Chinese Trade War Tariffs Start August 1

Posted on 22 May 2024 by Ken Zino

“Today, I am following through on my commitment to stand up to the People’s Republic of China’s unfair trade practices by issuing a formal proposal to modify the tariff actions,” said Ambassador Katherine Tai. “The President has directed me to make substantial tariff increases on targeted, strategic products, and this is an important step to carry out that vision. The President and I will continue to fight for American workers, and for our economic future and national security.” Continue reading →

Posted in alternative fuels, auto news, economy, electric vehicles, energy, environment, global warming, labor issues, news analysis, transportation | Tagged , , , , , , , , , , | 1 Comment

Chinese EV Trade War Commences

Posted on 14 May 2024 by Ken Zino

The Biden Administration has announced today that it will increase tariffs under Section 301 of the Trade Act of 1974 passed overwhelmingly under the Republican President Gerald Ford administration on $18 billion of imports from China to protect American workers and businesses.

“The President’s actions reflect the conclusions of U.S. Trade Representative Katherine Tai’s mandatory four-year review that China continues to engage in unfair practices, such as forced technology transfer and restrictions and intellectual property theft from U.S. companies,” media were told on a background briefing by National Economic Advisor Lael Brainard and Senior Administration Officials. Continue reading →

Posted in auto news, AutoInformed Editorial, blog, economy, electric vehicles, fuel economy or emissions, manufacturing, milestones, news analysis, transportation | Tagged , , , , , , , , , , , | Leave a comment

Annals of Marketing – Audi Electric Mountain Bike

Posted on 6 May 2024 by Ken Zino

Audi of America said this morning that it will increase its range of e-mobility products with the launch of a limited-edition enduro-style electric pedal assist mountain bike – dubbed eMTB – powered by Fantic. It becomes available through Audi Genuine Accessories by the summer of 2024. The Audi eMTB has livery said to be inspired by the design of Audi’s electrified Dakar Rally-winning RS Q e-tron race car. Audi eMTB at ~$9795 comes from a deal with Italian motorcycle and e-bike manufacturer Fantic based upon its XEF 1.9 Factory enduro e-bike. Continue reading →

Posted in alternative fuels, electronics, environment, marketing, milestones, mobility company, transportation | Tagged , , , , , , , , | Leave a comment

Mercedes-Benz Q1 2024 Profit Drops 25% as Sales Slump

Posted on 1 May 2024 by Ken Zino

Mercedes-Benz Group AG (MBG.DE) has reported Group Earnings Before Interest and Taxes (EBIT) of €3.9 billion (Q1 2023: €5.5 billion) a surprising drop of -25% but in line with struggles at European-based Volkswagen Group and Stellantis. Continue reading →

Posted in auto news, economy, electric vehicles, financial results, marketing, news analysis, results, transportation | Tagged , , , , , , , , , | Leave a comment

Penske Automotive Group 2024 Q1 Earnings Drop

Posted on 1 May 2024 by Ken Zino

“Our retail automotive service and parts revenue grew 9% to a quarterly record of $746 million. During the quarter, we experienced a recovery across our used vehicle retail automotive operations with profitability improving sequentially by $428 per unit retailed. Further, I was pleased with our focus on controlling costs as selling, general, and administrative expenses as a percentage of gross profit improved by 30 basis points sequentially to 70.7%,” said Roger Penske Chair and CEO. Continue reading →

Posted in auto news, financial results, manufacturing, mobility company, news analysis, results, transportation | Tagged , , , , , , , , | 1 Comment

NHTSA Makes Automatic Emergency Braking Mandatory

Posted on 30 April 2024 by Ken Zino

“The new vehicle safety standards we finalized today will save hundreds of lives and prevent tens of thousands of injuries every year,” said U.S. Transportation Secretary Pete Buttigieg. “The Bipartisan Infrastructure Law is not only making historic investments in transportation, but it’s also ushering in a new era of safer travel by ensuring new cars and light trucks are equipped with automatic emergency braking, making our roads safer for drivers and pedestrians alike.” Continue reading →

Posted in auto news, news analysis, public health, safety, software defined vehicles, transportation | Tagged , , , , , , , , , , | Leave a comment

Badass UAW Bargaining Committee Gets Record Daimler Deal

Posted on 27 April 2024 by Ken Zino

“Tonight, I’m in Charlotte, North Carolina, and I am honored to be joined by the badass bargaining committee representing over 7000 members at Daimler Truck North America,” Fain said. “We’re here tonight to announce a major victory for the members who build Freightliner and Western Star trucks and Thomas Built buses. Today, we reached a tentative agreement with Daimler. What started thirty-two years ago this month at the Mt. Holly plant, when the courageous 17-day strikers stood up and won a historic, first of its kind agreement, has come full circle. Continue reading →

Posted in auto news, financial results, labor issues, manufacturing, mobility company, people, transportation | Tagged , , , , , , , , | Leave a comment

UAW Live – Hours Before Daimler Truck Contract Expires

Posted on 26 April 2024 by Ken Zino

UAW President Shawn Fain, alongside the UAW Daimler Truck North America Bargaining Committee, will address Daimler workers and allies on Facebook Live just hours before the contract for more than 7000 UAW workers expires at midnight. Continue reading →

Posted in auto news, economy, labor issues, manufacturing, news analysis, transportation | Tagged , , , , , , , , , , , , , , , , , | Leave a comment