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.
P.A.M. Narrows Third-Quarter Loss
Truckload carrier and logistics firm P.A.M. Transportation Services reported a third-quarter loss of $1.2 million, or 13 cents per share, compared with a loss of $3.2 million, or 33 cents, a year ago.
October 30, 2009Opinion: LTLs Can Profit Even in a Poor Economy
I agree — the economy is bad. Now let’s go out there and make some profit. As excess capacity continues to plague the less-than-truckload segment of the trucking industry with reduced revenues and profits, transportation executives are increasingly frustrated.
October 30, 2009Truck Driver Appreciation Week Begins Sunday
With National Truck Driver Appreciation Week approaching, American Trucking Associations is extending the deadline until Nov. 7 for submissions for its video contest on why professional truck drivers are essential to the U.S. economy.
October 29, 2009NAFTA Surface Trade Declines in August
Surface transportation trade among the United States, Canada and Mexico fell 24.9% in August from a year earlier, the Department of Transportation said Thursday.
October 29, 2009Goodyear’s Third-Quarter Profit Improves
Goodyear Tire & Rubber Co.’s third-quarter profit more than doubled, though the company forecast an operating loss for its North American market this year.
October 29, 2009FMCSA to Reconsider HOS Rule
The Federal Motor Carrier Safety Administration has agreed to reconsider, and potentially change, its oft-challenged hours-of-service rule for commercial drivers, putting on hold a federal court challenge by a coalition of interest groups.
October 28, 2009DOT Sets Safety Council
Secretary Ray LaHood said Monday the Department of Transportation was creating a safety council to address a “critical” safety issues facing DOT’s 10 modal agencies.
October 27, 2009Covenant’s Third-Quarter Loss Widens
Covenant Transportation Group reported a third-quarter net loss of $13.6 million, or 96 cents a share, compared with a loss of $3.4 million, or 24 cents, a year ago.
October 27, 2009NTSB Urges Tougher Measures to Fight Drivers’ Sleep Apnea
The Federal Motor Carrier Safety Administration should identify commercial truck and bus drivers who are at high risk for obstructive sleep apnea, and require drivers diagnosed with the condition to prove they are being treated, the National Transportation Safety Board recommended last week.
October 26, 2009U.S. Must Tackle Broad Transport Issues when Economy Recovers, Mendez Says
WASHINGTON — When the economy recovers and freight traffic begins to grow again, the nation needs to turn its attention to broader transportation issues that address everything from funding to livability, said Victor Mendez, newly appointed Federal Highway Administrator.
October 26, 2009