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.
Quality Distribution Alters Liability Coverage
Bulk and tanker carrier Quality Distribution Inc., Jacksonville, Fla., said it purchased an insurance policy to cover all accident liability claims between $2 million and $5 million.
April 7, 2008ISM Contraction May Indicate Trucking Upturn, Analyst Says
Last week’s Institute of Supply Management report that showed continued contraction may actually be good for the trucking industry’s outlook, according to an industry analyst, the Associated Press reported.
April 7, 2008Norfolk Southern to Take 1Q Charge on Accident Settlement
Eastern freight rail line Norfolk Southern Corp. said Monday it will take a first-quarter charge of 2 cents per share, related to settlement of an accident claim.
April 7, 2008Editorial: Picking an Engine Technology
As we move closer to the next federal mandate on emissions — which comes into force for 2010-model heavy-duty trucks — proponents of the two competing technologies are beginning to publicly argue over the superiority of their choices.
April 7, 2008Volvo Says Engines Can Meet Idling Rule
Volvo Trucks North America said its heavy-duty engines can now be equipped with an option to meet California’s anti-idling restrictions.
April 7, 2008Some Analysts See Recovery as ATA Freight Index Gains
The February increase in truck tonnage that American Trucking Associations reported late last month — the fourth straight rise — may signal better times ahead for truckers and the U.S. economy, several industry analysts and observers said.
April 7, 2008Originally Promoted to Cut Truck Idling Emissions, APUs Now Embraced by Fleets to Save on Fuel
Auxiliary power units, initially pushed by federal and state governments to reduce air pollution despite concerns by fleet owners and owner-operators over their initial cost, are attracting more buyers who purchase them for the fuel savings, now that average diesel prices are about $4 a gallon.
April 7, 2008Diesel Dips 2.5¢ to $3.964
The national average retail diesel price dipped 2.5 cents a gallon last week after six straight increases, the Department of Energy reported, even as gasoline rose 3.1 cents to set a new record high.
April 7, 2008Rates Rise on Indiana Toll Road; Truckers Begin Using I-Zoom
The cost to drive on the Indiana Toll Road rose for all vehicles with three or more axles, as well as two-axle vehicles that were not using the I-Zoom electronic tolling system, which debuted on the road last week.
April 7, 2008Intermodal Traffic Drops 2.7% for Week
Rail intermodal traffic fell 2.7% for the week ended Saturday compared with a year ago, the Association of American Railroads said Thursday.
April 3, 2008