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.
TMC Meeting Offers ‘Glimpse’ Of Technology, Fleet Guidance
Fleet maintenance professionals in Tampa, Fla., are taking in a glimpse of future trucks while discussing tips for management in the present at the Technology & Maintenance Council annual meeting, through Feb. 12.
February 8, 2010Obama Plan for High-Speed Rail Raises Concerns at Freight Firms
The Obama administration’s $8.5 billion plan to advance U.S. high-speed rail programs is being questioned by trucking interests and the freight railroads whose tracks would host most of the new services, officials in both industries said.
February 8, 2010Diesel Drops 5.2¢ to $2.781 in 3rd Straight Weekly Decline
The U.S. retail diesel average dropped 5.2 cents to $2.781 a gallon last week, the third straight weekly drop, the Department of Energy reported.
February 8, 2010Judge Rules Against Calif. Trucking Company over Classification
A state judge in Los Angeles has issued a civil judgment against a California trucking company that misclassified its drivers as independent contractors, California Attorney General Edmund Brown Jr. said Thursday.
February 4, 2010ATA Calls for Curbs on Oil Speculation
American Trucking Associations has joined forces with farmers, manufacturers and consumer groups calling on Congress to more strictly regulate excessive oil speculation.
February 4, 2010U.S. Worker Productivity Climbs at 6.2% Rate
U.S. workers’ productivity surged in the fourth quarter to an annual rate of 6.2%, capping the largest one-year gain since 2003, the Labor Department said Thursday.
February 4, 2010FedEx’s Memphis Hub Remains Busiest Cargo Airport
FedEx Corp.’s Memphis, Tenn., home airport remained the world’s busiest for cargo for the 18th straight year as the gap with Hong Kong widened because of a drop in shipments from Asia, Bloomberg reported Thursday.
February 4, 2010Opinion: Truck Driver Training: The Reality
We almost made it through 2009 without another national news exposé of the trucking industry, but then came November and December. This time, the focus was on truck driver training and motor carrier employment practices.
February 4, 2010Covenant’s 4Q Loss Narrows
Covenant Transportation Group said late Wednesday its fourth-quarter loss narrowed from a year ago, as freight revenue declined.
February 3, 2010Patriot’s Fiscal 1Q Earnings Decline
Tank and bulk carrier Patriot Transportation Holding’s fiscal first-quarter net income fell 23.5% to $1.34 million, or 43 cents per share, from $1.7 million, or 56 cents, a year ago.
February 3, 2010