Safety
Transportation businesses face a host of dynamic risk issues that can significantly impact their financial and operational health. The news in this category focuses on the latest safety and security initiatives, resources and regulations and addresses topics that include fleet safety, claims administration, driver hiring and retention, risk management and compliance.
TMC Group Says Onboard Recorder Rule May Be Costly
TAMPA, Fla. — A Technology & Maintenance Council task force said several provisions of the proposed federal requirement for electronic onboard recorders need clarification, and the rule’s required data-display equipment could be a costly and ineffective expense for trucking companies.
ATA to Launch Driver Recruitment Web Site Friday
American Trucking Associations will launch its driver recruitment Web site, GetTrucking.com, Friday at 5 p.m. Eastern time.
February 9, 2007ATA Petitions FMCSA for Employer Notification
American Trucking Associations has filed a petition with the Federal Motor Carrier Safety Administration last week seeking amendments to rules regarding employer notification and drivers.
February 9, 2007Vitran’s 4Q Income Flat; Company Reports Record Year
Toronto-based transportation and logistics firm Vitran Corp.’s fourth-quarter profit was $5 million or 37 cents a share, compared with $5 million or 39 cents a year earlier.
February 8, 2007Pacer’s Fourth-Quarter Income Rises; Revenue Dips
Transportation and third-party logistics firm Pacer International’s fourth-quarter net income rose to $21.5 million or 57 cents a share, from $20.4 million or 54 cents a year earlier.
February 8, 2007P.A.M. Reports Flat 4Q; Income, Revenue Rise for Year
Truckload carrier P.A.M. Transportation Services said Wednesday it earned $4.3 million or 41 cents a share for the fourth quarter, the same as its previous fourth quarter earnings.
February 7, 2007Company Withdraws from $1.2 Billion Buyout Plan of EGL
Transportation and logistics firm EGL Inc. said Wednesday that the private firm set to buy the bulk of EGL’s stock and take the company private pulled out of the $1.2 billion deal, citing concerns about EGL’s impending 2006 earnings report.
February 7, 2007Truckers Seen Supportive of SoCal Ports’ OffPeak Program
A growing number of truckers report higher earnings since the ports of Long Beach and Los Angeles instituted their OffPeak program July 2005, the program’s sponsors said.
February 7, 2007Fourth-Quarter Productivity Rises 3%
U.S. productivity rose 3% in the fourth quarter, following a 0.1% decline in the third quarter, the Labor Department said Wednesday.
February 7, 2007Some Electronic Onboard Recorder Makers Applaud Mandate
Manufacturers of electronic onboard recorders had differing views of the federal government’s proposal to require recorders for some motor carriers, with some saying the government was treating EOBRs punitively and others hailing the move as an important safety development.
