Daily Transportation and Logistics News – Mar. 24, 2011

EPA Says US Radiation Poses No Health Concern

The Environment Protection Agency has confirmed that only miniscule Japanese radiation has been found in Hawaii and the West Coast. This small amount found in air monitor filters on the West Coast remains “hundreds of thousands to millions of times below levels of concern.”

WSJ: Mica Says Transit Funding Will Stay “About the Same”

Tanya Snyder discusses what Transportation Committee Chair John Mica may have meant when stating that transit funding will stay “about the same.” This article also discusses the scenarios that could play out based on the funding and passing of different legislation.

DOT’s Stimulus Payouts Reach $26.7 Billion

The Department of Transportation has sent more stimulus money to states to reimburse them for completed infrastructure projects. Total payouts of the $48 billion available from the 2009 American Recovery and Reinvestment Act are at $26.7 billion as of March 11.

Oil Prices Near 30-Month High

The events in Libya, protests in Syria and crisis in Japan have helped crude oil prices to continue their climb to a near 30-month high on Wednesday. These events have caused concern that the oil supplies would be disrupted.

Port Tracker Forecasts Rising North Europe Trade

Import volumes at six major North European ports increased almost 16 percent in January over the previous year, according to the Global Port Tracker: North European Trade Outlook.

– Ben Dundas, Web Analyst