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.
West Coast Ports’ Partial Shutdown Stokes Fear of Prolonged Closures
CORAL GABLES, Fla. — Port operators ratcheted up the pressure to resolve West Coast contract talks by shutting down vessel operations over the Presidents Day weekend, escalating fears of a shutdown.
February 16, 2015Anthony Foxx Asks Congress to Pass ‘New and Improved’ Funding Plan
WASHINGTON — Transportation Secretary Anthony Foxx urged a House panel to adopt the White House’s “new and improved” transportation funding plan to avoid a potential slowdown of critical state-level infrastructure projects.
February 16, 2015Forward Air to Buy Towne for $125 Million, Combining Largest Air-Ground Carriers
Forward Air Corp. has agreed to acquire Towne Air Freight for $125 million in a move that combines two of the largest companies specializing in transporting cargo to and from airports in the United States.
February 16, 2015Omnitracs Ties Development Across Acquired Businesses
DALLAS — Omnitracs and its expanding collection of trucking technology businesses will move forward as “one team,” collaborating on product development to help trucking firms improve their operations, the company’s chief executive said.
February 16, 2015'New and Improved’ Grow America Act Coming Soon, Foxx Says
An Obama administration six-year, $478 billion legislative proposal that would boost capacity along roadways to reduce freight bottlenecks will be unveiled in the coming weeks, Transportation Secretary Anthony Foxx told House transportation lawmakers on Feb. 11.
Watch: DOT Chief Anthony Foxx Testifies at House T&I Committee
Less than two weeks after the Obama administration unveiled a six-year, $478 billion transportation proposal, DOT chief Anthony Foxx appeared before the GOP-led House Transportation and Infrastructure Committee at 10 a.m. EST today.
NHTSA’s Stability Control Rule Sent to OMB
A rule that would require stability control systems on trucks and buses is a step closer to becoming a reality.
Sen. Bernie Sanders: Fund Infrastructure Through Tax Reform
WASHINGTON — Revenue that would come from an overhaul of the country’s tax system should go toward rehabilitating the country’s aging infrastructure, Sen. Bernie Sanders (I-Vt.) said at a high-profile chat at the Brookings Institution on Feb. 9.
Crash Death Rate Declines
Large trucks traveled nearly 6 billion more miles on U.S. roads in 2013 than in 2012, and did so with greater safety results, according to American Trucking Associations’ calculations of federal data.
February 9, 2015Obama Budget Request Includes 6-Year, $18 Billion Freight Plan
The fiscal 2016 White House budget request released last week anchors its transportation segment with a six-year, $478.26 billion surface transportation plan that includes an $18 billion freight program.
February 9, 2015