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.
Ryder Adds More Than 1,000 Trucks with Automated Transmissions to Rental Fleet
Truck leasing and rental provider Ryder System Inc. said it is upgrading its North American rental fleet with more than 1,000 trucks equipped with automated manual transmissions.
Peterbilt Offers Tire Pressure Monitoring System with Model 587
Peterbilt Motors Co. said the Bendix SmarTire tire-pressure monitoring system is now available for its Model 587 tractors.
American Fast Freight Buys Caribbean Shipping Services
American Fast Freight Inc., a logistics and trucking operator, announced the acquisition of Caribbean Shipping Services Inc. to expand in the U.S.-Puerto Rico ocean shipping market.
May 8, 2015Berend Bracht Picked to Succeed Joe McAleese as Bendix CEO
Berend Bracht has been appointed to replace Joe McAleese as CEO of Bendix Commercial Vehicle Systems, the Elyria, Ohio-based manufacturer of safety and braking systems for commercial vehicles.
Quality Distribution Agrees to $800 Million Sale to Private Equity Firm
Tank carrier Quality Distribution Inc. has agreed to be acquired for approximately $800 million by private equity firm Apax Partners, the companies announced.
May 7, 2015Jobless Claims in US Hover Near Lowest Levels in 15 Years
Fewer Americans than forecast filed applications for unemployment benefits last week, dropping the average over the past month to the lowest in 15 years, indicating companies are holding on to workers.
May 7, 2015Weekly Intermodal Rail Traffic Rises 5.7%
U.S. rail intermodal traffic rose 5.7% in the week ended May 2 compared with the same week last year as carload traffic declined 4.8%, the Association of American Railroads reported.
May 7, 2015BNSF Oil-Train Derailment Sets Tank Cars on Fire in North Dakota
A BNSF Railway train carrying crude oil derailed in North Dakota, setting several tank cars on fire and prompting the evacuation of nearby residents, U.S. and local authorities said.
May 6, 2015Truck/Rail Freight Rises 2% in 1Q, IANA Report Says
The Intermodal Association of North America pegged first-quarter truck/rail shipment growth at 2%, which was achieved despite a drop in international cargo due to West Coast port delays.
May 5, 2015FMCSA Mulling Over Whether Exemption Process Is Necessary for Diabetic Drivers
The Federal Motor Carriers Administration has issued a notice of proposed rulemaking under which truck drivers with controlled diabetes would no longer have to apply for medical exemptions.