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.
J.B. Hunt to Use New SkyBitz Trailer-Tracking System
Truckload carrier J.B. Hunt Transport Services will put trailer-tracking units made by SkyBitz on its North American trailer fleet, the two said Monday.
April 28, 2008Montana Considering I-35 Truck Restrictions
The Montana Department of Transportation is exploring whether the state can impose limits on large-truck traffic on state Highway 35, the Associated Press reported.
April 28, 2008Illinois Highway Construction Fatalities Decline
The Illinois Department of Transportation said the number of highway construction work zone fatalities in the state has fallen by more than half in the past four years, the Associated Press reported.
April 28, 2008ATA Officer Calls for Oil Release From SPR
WASHINGTON — The government should not only stop filling the Strategic Petroleum Reserve, but also consider releasing oil to help lower the price of diesel fuel, Dave Berry, chairman of the American Trucking Associations’ environmental and energy policy committee, told Congress last week.
March Truck Tonnage Falls 0.2%
Truck tonnage declined 0.2% in March from a year ago, marking the first year-to-year downturn since October, American Trucking Associations said Thursday.
April 25, 2008Volvo’s Earnings Improve on Eastern European Sales
Volvo AB’s earnings rose 12% to about $707 million, as sales in Eastern Europe Russia offset North American declines, Bloomberg reported Friday.
April 25, 2008Intermodal Traffic Declines for Week
Rail intermodal traffic fell 3.2% for the week ended Saturday compared with the same week a year ago, the Association of American Railroads said.
April 24, 2008Durable Goods Orders Fall in March
Durable goods orders fell 0.3% in March, though bookings excluding transportation orders increased, the Commerce Department said Thursday.
April 24, 2008Knight Reports Lower 1Q Earnings
Truckload carrier Knight Transportation’s first-quarter profit fell to $11.4 million, or 13 cents a share, from $16.6 million, or 19 cents, a year ago.
April 23, 2008Ryder Reports 1Q Income Gain, Boosts Outlook
Ryder System said Wednesday its first-quarter profit rose 9% to $56.1 million, or 96 cents per share, from $51.3 million, or 84 cents, a year earlier.
April 23, 2008