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.
American Axle to Produce Commercial Truck Parts
American Axle & Manufacturing Holdings will expand a factory in Michigan to build more parts for large commercial trucks, reducing its reliance on General Motors Corp. for business, Bloomberg reported Thursday.
September 4, 2008ISM Services Index Shows Expansion in August
The U.S. economy’s service sector expanded in August following two straight months of contraction, the Institute for Supply Management said Thursday.
September 4, 2008Second-Quarter Productivity Rises 4.3%
Second-quarter U.S. worker productivity rose at a 4.3% annual rate, more than previously estimated, the Labor Department said Thursday.
September 4, 2008Navistar Reports $272 Million 3Q Profit
Navistar International Corp. earned $272 million for its fiscal third quarter and boosted its full-year earnings forecast, the company said late Wednesday.
September 4, 2008Fed ‘Beige Book’ Cites Continuing Economic Sluggishness
U.S. economic activity, including trucking and freight transportation, was sluggish in July and August, according to a Federal Reserve report released Wednesday.
September 3, 2008FMCSA Waives Hours Regs for Gulf States Drivers
Motor carriers and drivers providing emergency in areas affected by Hurricane Gustav will be relieved federal hours-of-service regulations, the Federal Motor Carrier Administration said.
September 3, 2008CDL, Medical Rules Sent to White House
The Federal Motor Carrier Safety Administration has sent a final rule linking the driver certification to the commercial license, and a proposed rule creating a national registry of doctors qualified to certify drivers to the White House Office of Management and Budget.
September 3, 2008Ryder Completes Acquisition of Gordon Truck Leasing
Ryder System said Wednesday it completed its previously announced acquisition of Gordon Truck Leasing, based in Philadelphia.
September 3, 2008ATA Launches Business Solutions Unit
American Trucking Associations Wednesday launched ATA Business Solutions, a line of information products, business tools, services, training programs and conferences designed to address critical issues affecting trucking-related companies.
September 3, 2008Wright Express Completes International Acquisition
Wright Express Corp. said it completed its acquisition of Financial Automation Limited, a New Zealand-based international provider of fuel card processing software systems.
September 2, 2008