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.
Engineering Cited in Minn. Bridge Failure
Last year’s Interstate-35W highway bridge collapse in Minneapolis, the worst such accident in 25 years, was caused by an engineering flaw and the load on its deck, Bloomberg reported, citing U.S. safety investigators.
November 14, 2008Great Dane to Close Georgia Reefer Plant
Great Dane Trailers said it plans to close its refrigerated trailer manufacturing plant in Savannah, Ga., in January, due to the economic downturn’s effect on the transportation industry and the need for more efficient production.
November 14, 2008Post Office Is $2.8 Billion in Red
The United States Postal Service was $2.8 billion in the red in the fiscal year ended in September, the Associated Press reported Thursday.
November 14, 2008Intermodal Traffic Falls for Week
Rail and intermodal traffic fell sharply last week from the same week a year ago, the Association of American Railroads said Thursday.
November 14, 2008DOT Freight Index Unchanged in September
The Department of Transportation’s freight transportation services index for September was unchanged from a year ago but fell 2.5% from its August level, DOT said Thursday.
November 13, 2008Trimac’s 3Q Income Improves
Canada-based transportation firm Trimac Income Fund’s third-quarter net earnings improved to C$7.6 million, or 24 cents per unit, from C$5.7 million, or 19 cents, a year ago.
November 10, 2008Trucking May Face Trade-offs
Barack Obama’s election as president last week could lead to more transportation spending, but at the cost to trucking of more stringent regulations and White House support for labor legislation unfavorable to business, industry officials said.
November 10, 2008Shippers Seek to Cut Costs as Revenue Growth Stalls
Prodded by soaring fuel prices and the contracting economy, shippers have spent most of 2008 trying to pare transportation spending to meet demands by company executives looking for antidotes to stagnant revenue growth.
November 10, 2008Clean Energy Acquires Las Vegas CNG Stations
The Regional Transportation Commission of Southern Nevada has agreed to transfer ownership of five Las Vegas public compressed natural gas fueling stations to Clean Energy Fuels Corp., Clean Energy said Friday.
November 7, 2008Intermodal Traffic Declines for Week
Rail and intermodal traffic declined last week compared with the same week a year ago, the Association of American Railroads said.
November 6, 2008