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.
Covenant Reports 3Q Loss
Covenant Transportation Group said late Monday it lost $3.4 million, or 24 cents a share, in the third quarter, compared with a loss of $3.6 million, or 25 cents, a year ago.
October 27, 2008CARB Diesel Regs Available for Public Comment
The California Air Resources Board has made available for public comment the latest draft version of two regulations that are aimed at cleaning up emissions from the estimated 1 million heavy-duty diesel trucks that operate in California.
October 27, 2008Opinion: Include Fleet Managers in Software Decisions
Although 2009 approaches, and technology seems to surround us everywhere we turn, many companies still don’t consider fleet maintenance a first-tier, mission-critical function, putting it instead in the “necessary evil” category.
October 27, 2008LTL Earnings Sag in 3Q; Carriers See Weaker Demand
Publicly traded less-than-truckload carriers generally posted lower earnings in the third quarter, with several fleets warning that freight volumes would get worse as the fourth quarter unfolds.
October 27, 2008Justice Department Backs ATA in Effort to Block Ports’ Plans
The U.S. Department of Justice last week backed American Trucking Associations’ attempt to block concession requirements included in the clean-trucks plans adopted by the Ports of Los Angeles and Long Beach, Calif.
October 27, 2008DOT Sets $679 Million for Road Repairs
The Department of Transportation is making $679 million available to states to cover costs incurred to repair roads and bridges damaged by “a variety of natural emergencies and catastrophic events.”
October 24, 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.
October 24, 2008Knight Reports Higher 3Q Earnings
Truckload carrier Knight Transportation’s third-quarter profit rose to $16.1 million, or 19 cents a share, from $14.5 million, or 17 cents, a year ago.
October 22, 2008Rush Enterprises’ 3Q Earnings Fall
Truck dealership Rush Enterprises’ third-quarter net income fell to $8 million, or 21 cents a share, down from $13.1 million, or 34 cents, a year ago.
October 22, 2008View of Safety Technology Must Change Before Use Grows, Fleet Executives Say
NEW ORLEANS — Fleet executives said that despite the benefits of using safety technology, attitudes within the industry need to change in order to have wider acceptance.
October 22, 2008