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.
IRS Drops $319 Million Levy over FedEx Owner-Operators
FedEx Corp. said an Internal Revenue Service audit team has proposed that no assessment of federal employment taxes be made against the company’s ground parcel unit for 2002, an important step in FedEx’s continuing legal battle over whether some of its workers are independent contractors or employees.
November 9, 2009Letters: HOS Change, Snow on Trucks, Costly Misconception
The Federal Motor Carrier Safety Administration, in response to a legal challenge to the current hours-of-service regulations, will completely rewrite the 2008 HOS regulations, issue a proposed rulemaking within nine months and a new final rule in less than two years.
November 6, 2009Intermodal Traffic Declines for Week
U.S. intermodal rail traffic fell 11.1% in the week ended Saturday compared with the same week last year, the Association of American Railroads said.
November 5, 2009Third-Quarter Worker Productivity Jumps 9.5%
Third-quarter worker productivity jumped to an annual rate of 9.5%, the Labor Department said Thursday.
November 5, 2009Opinion: CSA 2010: A Good First Step, But . . .
For more than a decade, the trucking industry has called for an overhaul of the Department of Transportation’s safety fitness measurement and rating systems. Fortunately, DOT heard these calls and soon will implement its new system — Comprehensive Safety Analysis 2010. CSA 2010’s measurement component will be rolled out in July 2010; the rating component will be implemented after a future rulemaking process is completed.
November 5, 2009ISM Services Index Slows Expansion
The U.S. economy’s service sector slowed its expansion last month, the Institute for Supply Management said Wednesday.
November 4, 2009Quality’s 3Q Profit Improves from a Year Ago
Tank truck carrier Quality Distribution reported a third-quarter profit of $1.4 million, or 7 cents per share, up from $700,000, or 4 cents, a year ago.
November 4, 2009Quality’s 3Q Profit Improves from a Year Ago
Tank truck carrier Quality Distribution reported a second-quarter profit of $1.4 million, or 7 cents per share, up from $700,000, or 4 cents, a year ago.
November 4, 2009Pacer’s 3Q Profit Falls
Transportation and third-party logistics firm Pacer International said its third-quarter profit fell to $600,000, or 2 cents per share, compared with $20.8 million, or 59 cents, a year earlier.
November 4, 2009Navistar Acquires Engine Parts Business
Navistar Inc. said that it has acquired certain assets of Continental Diesel Systems US.
November 3, 2009