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.
GPS Market to Reach $240 Billion in Five Years, Report Says
Global Positioning System location-finding and navigation services are generating increasing revenue as the satellite-based technology is embedded in a wider range of mobile devices, according to a report from the European firm ABI Research.
June 9, 2008Conn. Truck Inspections Drop 20%
Connecticut’s truck inspections fell 20% to about 18,600 in 2007, compared with a year earlier, the Hartford Courant reported.
June 9, 2008I-5 Bridge Plan Approved in Oregon
The regional government of the Portland, Ore., area is backing a new Interstate 5 bridge over the Columbia River, the Associated Press reported.
June 9, 2008Diesel Price Dips 1.6¢ to $4.707 a Gallon
The U.S. average diesel price took a break last week from its dizzying climb, dipping 1.6 cents a gallon to $4.707, the Department of Energy reported.
June 9, 2008Rail, Intermodal Traffic Decline
Rail and intermodal traffic fell for the week ended Saturday compared with the same week a year ago, the Association of American Railroads said.
June 6, 2008Mullen Buys Fluid, Oilfield Transport Firm
Canadian transportation firm Mullen Group Income Fund said Thursday it would buy the transport unit of Essential Energy Services Trust for C$135 million.
June 5, 2008ATA Backs Oil-Market Investigation
American Trucking Associations said Wednesday that it supports the U.S. Commodity Futures Trading Commission for taking steps toward increasing transparency of the energy futures markets.
June 4, 2008ISM Services Index Declines in May
An index of the U.S. economy’s service sector slipped in May from a month earlier but continued to show expansion, the Institute for Supply Management said Wednesday.
June 4, 2008Letters to the Editor: Fuel-Protests, Fuel-Intermodal, Fuel-Surcharges, Troopers in Trucks, Border Pilot Program
The only way fuel prices will ever come back down to reasonable levels is for our nation’s truckers to park their rigs for three to seven days. Even drivers for major companies would need to park and refuse to drive.
June 4, 2008FMCSA Warns About Anti-Smoking Drug Chantix
The Federal Motor Carrier Safety Administration has issued an advisory warning that the popular prescription smoking-cessation drug Chantix may adversely affect commercial drivers’ ability to operate their vehicles safely.
June 4, 2008