Taxi and Limousine Commission to consider raising yellow cab fares as soon as this summer

Industry groups push for 16% to 20% hikes Taxi and Limousine Commission may raise fares as soon as this summer. The commission has scheduled a public hearing for May 31. “The fare hasn’t changed since 2006, so it is reasonable for taxi drivers and fleet owners to put this on the table,” TLC chairman David…

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Lynn not in accord on fuel control

LYNN — The city’s acting Public Works commissioner has confirmed that a state-of-the-art tracking and oversight system for thousands of gallons of gasoline pumped into city vehicles has yet to be installed two years after state inspectors identified “possible control problems” involving city fuel management. City Acting Public Works Commissioner Manuel Alcantara said his department could be a…

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Relentless rise in trucking fleet costs adding pressure to rate increases in both TL, LTL arenas

Shippers need to brace for sharply higher trucking rates because of steadily rising truck fleet costs that range from rolling stock to drivers to fuel while productivity levels are under threats from increased government regulation, top carrier officials are saying. Trucking fleets are facing at least 4 percent rise in overall costs this year, fleet…

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Local Freight Trucking in the US Industry Market Research Report Now Available from IBISWorld

During the recession, sluggish manufacturing production and slow retail spending reduced demand for freight transportation. However, industry conditions will improve as the economy stabilizes and demand for freight services increases. Furthermore, recovering consumer confidence and increased spending will support growth in freight volumes, boosting industry demand. However, the industry will face rising competition from other…

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