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.
Unions Say Rails Should Skip Buybacks, Spend on Safety
OMAHA, Neb. — Rail unions want railroads to take some of the billions they’re using every year to buy back their stock and spend it to improve safety.
Tesla Q1 Sales Climb, but Profit Falls on Price Cuts
DETROIT — Tesla shares fell sharply April 20 as the company felt the sting of numerous price cuts it made across its model lineup this year in hopes of energizing sales.
Union Pacific Reports Flat Revenue, Income in Q1
Union Pacific Corp. reported flat year-over-year income and slightly increased revenue for the first quarter of 2023.
Traffic Deaths in 2022 Nearly Match 2021’s 16-Year High
DETROIT — The number of people killed on U.S. roadways decreased slightly last year, but government officials said the 42,795 people who died is still a national crisis.
April 20, 2023Preparing for the Arrival of Electronic Truck Inspections
Program Aired: April 20, 2023 2 p.m. ET/11 a.m. PST The world of truck inspections is likely to change greatly over the coming years. Federal trucking regulators and commercial vehicle enforcement agencies are pushing for wireless roadside inspections, including a mandate that motor carriers equip their trucks with devices that would transmit the identity and condition of trucks and drivers to roadside enforcement. Learn how this could affect your motor carrier operation, what information you and your drivers may be required to transmit to inspectors, and what it means for the development of autonomous trucks.
April 20, 2023Iowa Tort Reform Bill Goes to Governor
A landmark law in Iowa limiting jury awards to $5 million in accident lawsuits against commercial vehicles was sent to the desk of Gov. Kim Reynolds for enactment.
Pete Buttigieg Talks Safety, Supply Chain on 2024 Budget
President Joe Biden’s fiscal 2024 budget request paves the way for improvements to the safety and connectivity of the nation’s mobility system, Secretary Pete Buttigieg said April 20.
Navistar Issues Recall Due to HVAC Circuit
As many as 44,887 Navistar trucks are set to be recalled following a National Highway Traffic Safety Administration investigation, the federal agency said April 6.
April 18, 2023CMA CGM Offers to Buy Bolloré Logistics for $5.5 Billion
Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).
Tesla Reports Another Fatality Involving Automated Driving
Tesla Inc. disclosed to U.S. regulators another fatal crash involving automated driver-assist systems, bringing its total to 17 since June 2021.