Ground Transportation

Avis Budget prices notes offering March 8, 2010 Avis Budget Car Rental, a subsidiary of Avis Budget Group, has priced an offering of $450 million in senior unsecured notes due 2018. Amtrak offers WiFi service on Acela trains March 1, 2010 Amtrak has launched Internet service aboard 20 high-speed Acela Express trains. The service is available to passengers in business and first classes. Restructuring charges send Hertz to Q4 loss February 24, 2010 Hertz Global Holdings reported a $30.9 million net loss in the fourth quarter of 2009, as the company took $34.5 million in restructuring charges. Cost-cutting helps car rental companies improve results February 18, 2010 Avis Budget Group and Dollar Thrifty Automotive Group both improved fourth-quarter results from a year earlier, as efforts to shrink fleet sizes starting early last year helped cut operating costs and increased rental pricing. Raves for Virgin Trains, but not its stations February 16, 2010 Passengers gave high marks to Britain's Virgin Trains, particularly in the categories of value, price, staff and overall satisfaction, but turned thumbs down on its train stations, according to the National Passenger Survey, published by Passenger Focus, an independent consumer watchdog for mass transit in Britain. Toyota recall affects car rental operations February 4, 2010 One out of every 12 rental cars in the U.S. market could soon be pulled out of commission as a result of the massive recall of 8.1 million Toyota vehicles. High-speed rail projects get federal grants January 28, 2010 The U.S. Department of Transportation is awarding $8 billion to 13 rail corridors to develop high-speed passenger service, with California getting the largest award at $2.34 billion. Hertz promotes EVP to president of Hertz International January 21, 2010 Hertz appointed Michel Taride president of Hertz International. Motorcoach booking site launched January 14, 2010 Easy Bus Rental has partnered with software company TravelManager to create a beta version of EasyBusRental.com, a search and booking site for motorcoach rentals. Eurostar limits schedule due to weather January 8, 2010 Eurostar canceled half of its departures between London and Paris on Friday because of freezing temperatures. Report: Girl killed by Amtrak train in Maryland January 5, 2010 An Amtrak train traveling from New York to Washington struck and killed a 14-year-old girl Tuesday morning, according to a CNN report. Alex Cecil, Auto Europe founder, dies December 28, 2009 Auto Europe founder Alex Cecil died Dec. 20 in Cambridge, Mass. He was 79. Eurostar to continue limited service December 22, 2009 Eurostar said it would continue to operate restricted service on Wednesday and Thursday. Eurostar to resume limited service Tuesday December 21, 2009 Eurostar will resume restricted service on Tuesday, with trains departing from 7:30 a.m. to 6 p.m. Greenwich Mean Time. Eurostar suspends service December 20, 2009 Eurostar said it would not operate service on Monday after the malfunction of trains over the weekend stranded thousands of passengers. Avis Budget to refund toll fees to Florida renters December 15, 2009 Avis Budget Group, owner of the Avis and Budget car rental brands, have agreed to refund a portion of fees they charged customers for the use of electronic toll tags in mid-2008, according to Florida’s Office of Attorney General. Europe's model railroads December 9, 2009 As the E.U. sets deregulation in motion, what changes might competition bring? On a recent fam trip with Eurostar, several sweepstakes winners got a taste of what the future might hold for high-speed train travel on the Continent. E.U. passenger rail lines take first step toward deregulation December 4, 2009 Two years after the deregulation of rail freight services and 10 years after airline deregulation, passenger rail services in European Union countries are entering a first phase of deregulation. Companies look to share the wealth as more people share cars December 3, 2009 A decade ago, Cambridge, Mass.-based Zipcar pioneered the concept of car sharing. Now it's just a question of who's going to share this rapidly growing segment of the automobile rental business. Faster Thalys routes to launch next month November 24, 2009 The Thalys high-speed train routes – which connect Paris and cities in Germany, Belgium and the Netherlands – will become faster on Dec.13. Hertz beefs up its Fun Collection in Europe November 23, 2009 Hertz expanded its Fun Collection in Europe with the addition of three new models. DOT lays out aggressive safety plan for motorcoaches November 18, 2009 The U.S. Department of Transportation has come out with a wide-ranging action plan for motorcoach safety. It addresses issues such as driver fatigue and texting while driving. Enterprise again ranks highest in J.D. Power satisfaction study November 17, 2009 For the sixth straight year, Enterprise ranked highest in customer satisfaction in J.D. Power and Associates' U.S. Rental Car Satisfaction Study. Study shows Amtrak lost $32 per passenger in fiscal '08 October 28, 2009 Amtrak lost an average of $32 per passenger on its routes in fiscal year 2008, according to an analysis by Pew Economic Policy Group. Dollar Thrifty's Q3 profit rises 59% October 27, 2009 Despite a 12% drop in revenue, Dollar Thrifty Automotive Group increased its third-quarter profit by 59%, to $30.1 million.

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