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On Feb. 17, President Obama signed into law the American Recovery and Reinvestment Act. The $789 billion economic stimulus legislation is comprised of $507 billion in spending programs and $282 billion in tax relief. The legislation includes significant new funding for fleets, such as $300 million for diesel emission retrofit grants; $300 million to establish a grant program through the DOE's Clean Cities Program; and $300 million for acquisition of energy-efficient vehicles by the federal fleet
Read More →MONMOUTH COUNTY, NJ - While state and county governments rely on the federal economic stimulus funding for transportation projects, Monmouth County is also seeking to get a share for energy programs.
Read More →The new tax act provides qualifying taxpayers 50-percent first-year bonus depreciation of the adjusted basis of qualifying property. Fleet managers should study the law and develop a plan to take quick advantage. Most of the benefits expire at year’s end.
Read More →CARMEL, IN– Wholesale used-vehicle prices showed continued softness in February. Average prices for vehicles sold by all the major seller groups (manufacturers, fleet and leasing companies, and dealers) were down on a year-over-year basis in February.
Read More →ITASCA, IL – EMKAY, Inc. has announced their own economic stimulus package for all employees of Emkay.
Read More →ITASCA, IL - EMKAY, Inc., announced its own economic stimulus package for all employees of Emkay. Last February, Congress approved a $168 billion economic stimulus package on February 13, which President Bush signed H.R. 5140, the Econmic Stimulus Package of 2008.
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