July 2, 2008
LOS ANGELES – The Port of Los Angeles views a 30-ton prototype vehicle it has had in service since January as a forerunner of a fleet of electric trucks to serve terminals and rail yards.
Tags: Balqon Corp., electric truck, Port of Los Angeles
May 21, 2008
SAN PEDRO, CA – Los Angeles Mayor Antonio Villaraigosa recently joined officials from the Port of Los Angeles and South Coast Air Quality Management District (SCAQMD) for the introduction of a new, powerful electric truck.
Tags: Balqon Corp., drayage, electric tractor, electric truck, Nautilus E30, Port of Los Angeles , SCAQMD, short-haul
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By Mike Antich Fuel prices hit record highs. The cost of financing a fleet doubles. Used-vehicle values plummet. Dealers are unable to sell the vehicles they have in inventory. Geopolitically, the U.S. is embroiled in war and the macro-economy teeters on recession. If you think I'm talking about 2008, think again. The year was 1973.
By Mike Antich October was an extremely difficult month to remarket vehicles in the wholesale market as resale prices took a precipitous drop. Wholesale pricing, based on mixed mileage and seasonally adjusted, declined a record 6 percent in October. The lack of credit to both dealers and retail buyers has been the key catalyst contributing to the downturn in the wholesale market. The market forecast is gloomy until the credit gridlock is resolved.
By Mike Antich
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In This Issue: 28 Vie for 2008 Public Sector Fleet Manager of the Year, Why the City of Victorville Switched to Leasing Vehicles and much more…