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.
Ericsson to Receive $5 Bln. to Run Sprint’s Networks
Sprint Nextel Corp., the third-largest U.S. wireless carrier, plans to pay Ericsson AB as much as $5 billion to manage its networks, offloading the expense of running its own systems.
July 20, 2009I-75 Near Detroit Expected to Reopen Monday
A two-mile stretch of Interstate 75 damaged by a fiery explosion last week is expected to reopen Monday, the Detroit Free Press reported.
July 20, 2009Navistar Finishes Field Tests On 2010 Engines After 18 Mos.
Navistar Inc. said it has completed 18 months of laboratory and field tests of its “advanced” version of exhaust gas recirculation engine technology that will be used to meet 2010 federal emission requirements.
July 20, 2009Letters: Early Safety Adopted; Reregulation
Any trucking company that takes the leadership position in safety and in clean air is to be commended. But doing so through high-tech safety and Environmental Protection Agency ventures makes the outcome risky.
July 20, 2009YRC Deal With Teamsters Expected to Save $870 Million
YRC Worldwide’s latest cost-cutting agreement with the Teamsters is expected to save $870 million over 18 months and help the company regain its financial footing, analysts and company officials said.
July 20, 2009Senate Panel Approves Extension of Existing Highway Legislation
WASHINGTON — The Senate Environment and Public Works Committee approved an 18-month extension of existing highway legislation even as House leaders continued to oppose a delay in passing a new multiyear transportation funding bill.
July 20, 200910% Cut in Truck Traffic Called ‘Almost Ludicrous’
The idea of removing 10% of truck traffic from the nation’s highways by 2020 to reduce carbon emissions is “almost ludicrous,” Ray Kuntz, former chairman of American Trucking Associations, told a Senate committee last week.
July 20, 2009Maersk Chassis Fee Would Raise Costs, Truckers Warn
Drayage truckers blasted world’s largest ocean carrier Maersk Line’s plan to begin charging a chassis-use fee, saying it would raise costs and complicate operations.
July 20, 2009J.B. Hunt’s Profit Drops 52% in 2nd Quarter
J.B. Hunt Transport Services Inc. said its second-quarter profit fell 52%, hurt by mounting pressure on prices and weak demand, as the latest round of quarterly financial reports by public carriers began to roll in last week.
July 20, 2009Diesel Drops 5.2¢ to $2.542
The average cost of retail diesel in the United States dropped 5.2 cents a gallon last week to $2.542, the third consecutive decline and a level nearly 50% below the record highs of a year ago.
July 20, 2009