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Alabama truckers fight truck-only toll proposal in Mobile


Alabama considers truck-only tolls in proposed new bridge
The Alabama Department of Transportation and local leaders in the Mobile, Alabama, area, are considering instituting truck-only tolls on a new proposed I-10 bridge over the Mobile River to ease congestion in the Wallace Tunnel in downtown Mobile.
The proposal calls for construction of a bridge over the Mobile River designated for the use of only large trucks over 46 feet long. These trucks would be prohibited from using the Wallace Tunnel and instead travel over the river on the truck bridge, paying a toll of no more than $15.
Construction of the truck bridge would also mean the signed hazardous cargo route would no longer have to pass through the Africatown community, and hazmat trucks would instead be able to use the new I-10 Mobile River Bridge. ....

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Recap: Penske Automotive Group Q1 Earnings


Company s 52-week low was at $29.65
Price action over last quarter: Up 35.31%
Company Overview
Penske Automotive Group operates in 21 U.S. states and overseas. It has 142 U.S. light-vehicle franchises in Puerto Rico as well as 162 franchises overseas, primarily in the United Kingdom. The company is the second-largest U.S.-based dealership in terms of light-vehicle revenue and sells more than 35 brands, with 93% of retail automotive revenue coming from luxury and import names. Other services, in addition to new and used vehicles, are parts and repair and finance and insurance. The firm s Premier Truck Group owns nearly 30 truck dealerships selling mostly Freightliner and Western Star brands, and Penske owns 17 CarShop used-vehicle stores in the U.S. and U.K. The company is based in Michigan and was called United Auto Group before changing its name in 2007. ....

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