Archive for Transportation

Fresno Airport Successfully Completes $33.5 Million Bond Sale

Aug 19, 2013 No Comments

FRESNO – On Aug. 6, Fresno Yosemite International Airport successfully completed the sale of Airport Refinancing Bonds, a move that is expected to save $240,000 annually and approximately $4.2 million over the life of the refinanced bonds. The savings will help the Airport offset its annual operating expenses and strengthen operating reserves. Interim Director of [...]

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Auto Repossessions Reach Lowest Rate on Record

Aug 14, 2013 No Comments

SCHAUMBURG, Ill., Aug. 14, 2013 /PRNewswire/ – Experian Automotive today announced that quarterly vehicle repossessions dropped by 14.8 percent to achieve the lowest rate since it began tracking the data seven years ago. According to its latest State of the Automotive Finance Market report, 0.36 percent of all vehicle loans ended in a repossession, down from 0.43 percent in Q2 2012. [...]

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Teens Delaying Licensure–A Cause for Concern?

Aug 02, 2013 No Comments

WASHINGTON, August 2, 2013 /PRNewswire-USNewswire/ — The majority of American teens today delay getting a driver’s license, according to new study by the AAA Foundation for Traffic Safety. Less than half (44 percent) of teens obtain a driver’s license within 12 months of the minimum age for licensing in their state and just over half (54 percent) [...]

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Fresno EDC Launches Local High-Speed Rail Business Support Program

Aug 01, 2013 No Comments

FRESNO – The Economic Development Corporation serving Fresno County (EDC) is pleased to announce the recent hire of William Eric McComas, who joins the agency to commence and manage the EDC’s Local High-Speed Rail Business Support Program (Program). The Program is the culmination of a joint effort of the EDC, the City and County of Fresno to [...]

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Fresno Airport Continues Upward Trend

Jul 22, 2013 No Comments

FRESNO – Passenger volume at Fresno Yosemite International Airport continues to increase at a record-breaking pace, positioning the Airport to outperform prior record years.  This upward trend is the result of strong bookings occurring on each of the ten major airline operators based at Fresno Yosemite. Passenger levels have shown significant increases in the first [...]

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This Summer Vacation Season Brings 7 Percent More Tourists to Cities and Public Transportation than Last Year

Jun 04, 2013 No Comments

WASHINGTON, June 4, 2013 /PRNewswire-USNewswire/ — As the temperatures rise and schools close down, over 126 million Americans are planning to vacation in a city this year – a seven percent increase over 2012.  The American Public Transportation Association’s (APTA) annual “Travel Like a Local” Summer Travel Survey shows that around 56 percent (70 million) of [...]

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American Flyers Willing to Pay More for Personal Space

May 17, 2013 No Comments

NEW YORK, May 17, 2013 /PRNewswire/ — As summer travel season approaches, Americans planning vacations – particularly those planning on flying – have a lot of decisions ahead. With the increasing “a la carte”-ization of air travel, flyers are faced with an ever increasing number of choices as to what levels of comfort and convenience [...]

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Hospital Offers Car Charging Stations for Employees

Apr 29, 2013 No Comments

FRESNO – Community Regional Medical Center is offering employees with electric cars a way to charge them at work to encourage employees to do their part to help clean the Valley’s air. The two electric charging stations are located in the employee-only section of the downtown hospital’s largest parking garage. Employees can plug in for [...]

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U.S. Airlines Deliver Record-Setting Year for Operational Performance in Key Service Areas

Feb 22, 2013 No Comments

WASHINGTON, Feb. 22, 2013 /PRNewswire-USNewswire/ — Airlines for America (A4A), the industry trade organization for the leading U.S. airlines, today reported that U.S. airlines delivered one of their best years ever for operational performance, built on their stellar safety record, and achieved a narrow profit as expenses grew faster than revenues for the second consecutive [...]

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Traffic Tickets Don’t Usually Lead to Higher Car Insurance Costs

Feb 21, 2013 No Comments

SAN FRANCISCO, Feb. 21, 2013 /PRNewswire/ — Only 31% of Americans who received a traffic ticket in the past five years are paying more for car insurance as a result, according to new research released today by, a Bankrate (NYSE: RATE) company. Younger drivers are the most likely to face higher car insurance costs after receiving a [...]

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New Airline Announces Services at Fresno Airport

Feb 18, 2013 No Comments

FRESNO – Air service development at Fresno Yosemite International Airport continues to grow as Frontier Airlines announces plans to provide non-stop service from Fresno to Denver, Colorado beginning in May.  The airline will provide flights three times a week. In today’s aviation climate airlines are focused on their financial health, which translates into how they [...]

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40 Under 40: Seth DePiano – Sober Guys Inc.

Jan 25, 2013 No Comments

Seth DePiano graduated from Clovis High School in 2000, and later attended Fresno City College and the University of Phoenix, where he earned a degree in communications.  Upon finishing school in 2006 he got started in the real estate business, and now is the owner of The Realtor Group and the property management company DePiano [...]

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Fresno Airport Completes Major Airfield Improvements

Jan 23, 2013 No Comments

FRESNO – Significant long-range airfield enhancements to the secondary runway and reconstruction of several commercial aircraft ramp areas have been completed at Fresno Yosemite International Airport.  The $35 million infrastructure improvements will enhance safety, accommodate increased capacity and minimize the airport’s environmental footprint, all at no cost to the Airport or the City of Fresno. [...]

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Business Street Online Presents the Year in Pictures

Dec 31, 2012 No Comments

FRESNO, Calif. – Business Street Online would like to take a visual look back on 2012 with our 2012 Year in Pictures.  2012 was another memorable year for central California business, and Business Street Online is looking forward to bringing you coverage of more memorable news events in 2013. In celebration of New Year’s Day, [...]

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Local Businesses Getting Certified for High-Speed Rail

Nov 30, 2012 No Comments

FRESNO, Calif. – Roughly 75 small and disadvantaged businesses interested in participating in the nation’s first high-speed rail project are getting certified today and tomorrow through workshops being held at the UC Merced Small Business Development Center. Construction on the first segment, which is scheduled to run from Ave. 17 in Madera to American Ave. [...]

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