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’s 4Q Income Declines
Ryder System’s fourth-quarter profit fell to $8.2 million, or 15 cents a share, from $10.6 million, or 19 cents, a year earlier.
February 3, 2010ISM Services Index Improves
The U.S. economy’s service sector improved in January for the first time in three months, the Institute for Supply Management said Wednesday.
February 3, 2010C.H. Robinson’s 4Q Profit Declines
Transportation and third-party logistics firm C.H. Robinson Worldwide reported a fourth-quarter profit of $87.7 million, or 52 cents a share, down slightly from $88.9 million, or 52 cents a share, a year ago.
February 2, 2010Obama Requests $78.8 Billion for DOT
The Department of Transportation would get an additional $2 billion next year if Congress approves the budget proposal made by President Obama on Monday.
February 2, 2010SEC Issues Climate-Change Guidance
The Securities and Exchange Commission for the first time has voted to provide public companies with guidance on disclosing business or legal risk related to climate change.
February 2, 2010Napolitano Stresses Need for Port Security
Homeland Security Secretary Janet Napolitano addressed the need to strengthen cargo screening procedures at a meeting Monday in Fort Lauderdale, Fla., with law enforcement officials and members of the private sector doing business at ports.
February 1, 2010Knight Orders 370 New 2010 Trucks from Volvo
Knight Transportation has placed an order for 370 2010 model Volvo VN trucks with selective catalytic reduction technology, Volvo Trucks North America said Monday.
February 1, 2010ISM Manufacturing Index Rises for Sixth Month
An index of U.S. manufacturing activity expanded in January for the sixth straight month to the highest level in five and a half years, the Institute for Supply Management said Monday.
February 1, 2010Small Plane Makes Rush Hour Landing on N.J. Turnpike
A small airplane reporting on traffic made an emergency landing on the New Jersey Turnpike Monday morning, the Associated Press reported. No one was injured.
February 1, 2010Trucking Cargo Thefts on Rise, Journal Reports
Cargo theft from big rigs jumped 67% last year, the Wall Street Journal reported Monday.
February 1, 2010