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.
January US Trailer Orders Retreat; OEMs Work Off Lengthy Backlogs
U.S. trailer orders in January dropped more than 40% compared with a strong period a year earlier, reflecting large fleets already having placed orders in 2015 to secure scarce production slots in 2016, research firms said.
Jobless Claims Rise in Holiday Week From Three-Month Low
The number of Americans filing applications for unemployment benefits rose last week from a three-month low, in part reflecting the typical swings during holiday periods.
Joyce Named ATA’s New Top Lobbyist
Veteran lobbyist Mike Joyce has joined American Trucking Associations as senior vice president of legislative affairs. He has more than 20 years of experience in public affairs, much of it in trucking.
Proposed Rules for Sleep Apnea, Training, Speed Limiters Miss Publication Deadlines
Trucking industry regulators have missed their projected publication dates for three proposed rules originally scheduled for earlier this month.
Amazon Expands Deliveries by Its 'On-Demand' Drivers
SAN FRANCISCO — Amazon.com Inc. is quietly inviting drivers for its new "on-demand" delivery service to handle its standard packages, as the online retailer known for low prices and razor-thin profit margins looks to speed up delivery times and tamp down its growing multibillion-dollar logistics bill.
Biden Calls for Increased Transportation Infrastructure Investment
Vice President Joe Biden called for greater public investment in transportation infrastructure during a Feb. 17 visit to a logistics yard east of Memphis, Tennessee.
Jobless Claims Decline to Lowest Level Since November
The number of Americans filing for unemployment benefits unexpectedly declined last week to a three-month low, signaling durability in the labor market.
February 18, 2016Lytx to Be Sold to Private Equity Firm GTCR for $500 Million
Lytx Inc., the largest supplier of video-based safety systems for the trucking industry, has agreed to be acquired by private equity firm GTCR for more than $500 million.
Pennsylvania Facing Transportation Funding Shortfall
Pennsylvania Secretary of Transportation Leslie Richards dropped a bit of a bombshell on the state’s transportation world when she announced that her department was facing a shortfall of at least $6 billion.
Opinion: Recruiting Should Be a Top Priority
Communication and team building are two ideas or points of emphasis that all successful transportation firms need to understand and utilize.
February 15, 2016