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.
Quality’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, 2009Georgia Shifting Stance On Public-Private Partnerships
The Georgia Department of Transportation has stopped taking unsolicited proposals for public-private partnerships to finance road and tolling projects.
November 2, 2009TWIC Running Smoothly at U.S. Ports Despite Initial Glitches, Officials Say
After several initial delays and glitches, freight hauling and government officials say the Transportation Worker Identification Credential program is moving along smoothly at U.S. ports, and they project additional security measures could be incorporated in coming years.
November 2, 2009ISM Manufacturing Index Improves in October
An index of U.S. manufacturing activity improved in October, the Institute for Supply Management said Monday.
November 2, 2009DOT to Rewrite HOS Rule After Groups Suspend Suit
The Department of Transportation last week said it will withdraw its controversial driver hours-of-service rule and write new regulations as part of a deal in which a coalition of advocacy groups agreed to suspend its federal lawsuit challenging the rule.
November 2, 2009Abandoning the HOS Solution
For the past three years under federal hours-of-service regulations, fatal crashes involving heavy trucks have declined, last year reaching the lowest level since the U.S. Department of Transportation began keeping the records.
November 2, 2009Senate Panel OKs Nomination of Ferro to Lead FMCSA
The Senate Commerce, Science and Transportation Committee last week approved Anne Ferro to lead the Federal Motor Carrier Safety Administration.
November 2, 2009