Trucking Industry Safety News
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.
Buttigieg: Truck Parking Central to Safety Mission
USDOT announced more than $4 billion in grants Oct. 21, including projects in Nevada, Ohio and Wisconsin that will add parking to existing facilities along interstate highways.
Tesla’s Shrinking Margins Put Pressure on Upcoming Earnings
Shares of the Elon Musk-led company have fallen 12% this year through Oct. 22, while all of its Big Tech peers have advanced.
Carriers Feel Insurance Premium Pinch as Cargo Theft Climbs
When it comes to cargo theft, thieves can — and do — steal anything. As more cargo goes missing, insurance premiums for policies to cover the losses start edging higher.
Colorado OKs Tax Relief for Hurricane-Affected Residents
“Tax deadlines should be the last thing that families impacted by these natural disasters are worried about,” Colorado Gov. Jared Polis said.
West Virginia Invests $4.7M in Road Safety Tech Upgrade
The goal is for the state to use technology to lower weather-related vehicle crashes in West Virginia by warning drivers with real-time alerts about dangerous roadway conditions.
FHWA Grants $10M to Virginia for Post-Hurricane Road Fixes
FHWA issued a $10 million emergency relief grant to Virginia on Oct. 18 to immediately pay for road repairs, especially a key freight corridor, damaged by Hurricane Helene.
Litigants Allege EPA Cannot Legally Mandate Electric Trucks
EPA lacks legal authority to mandate electric vehicles, according to a court brief filed by a coalition of 24 states and various economic interests seeking federal appellate court review.
Norfolk Southern Tops Third-Quarter Expectations
Norfolk Southern’s streamlined operations delivered strong earnings, even excluding boosts from insurance payouts related to the derailment in East Palestine and the sale of two rail lines.
BMW Recalls 700,000 Cars in China Over Coolant Pump Issues
Models affected include locally made 3 Series and 5 Series vehicles, as well as several imported X Series SUVs.
Tesla’s Full Self-Driving Under Investigation by NHTSA
NHTSA said Oct. 18 it will assess whether Tesla’s system, also known as FSD, has the ability to detect and appropriately respond to fog and other reduced visibility conditions.