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.
Producer Prices Jump 3.2% in November
Prices paid to U.S. producers jumped 3.2% in November — the fastest pace in 34 years, the Labor Department said Thursday.
December 13, 2007DOT Freight Index Slips
The Department of Transportation’s freight transportation services index for October slipped 0.3% from the same month last year, though it rose from September’s level.
December 13, 2007ATA, Con-way Set Holiday Safety Message
American Trucking Associations and Con-way Freight have teamed up to launch a national public service announcement safe-driving campaign for the holiday season.
December 12, 2007Officials Cite Training, Technology, Design to Reduce Tank Truck Rollovers Crashes
BALTIMORE — Trucking and government officials emphasized the importance of training in preventing rollover crashes, but they also said the use of technology and changes to trailer design were cost-effective ways to reduce crashes.
December 12, 2007Old Dominion Buys Denver Carrier
Old Dominion Freight Line said it would purchase some assets of Bullocks Express Transportation, a Denver-based trucking company.
December 12, 2007Covenant to Take Modest Loss or Break Even in 4Q
Truckload carrier Covenant Transportation Group said Wednesday it expects to report break-even to a net loss of 10 cents per share for the fourth quarter.
December 12, 2007FedEx Ground Plans $87 Million Ohio Hub
FedEx Corp. said Tuesday it will be build an $87 million facility in Ohio for its FedEx Ground unit, as part of plans to double its North American ground shipping capacity.
December 11, 2007Barclays Cuts Investment in Ryder System
Financial firm Barclays Global Investors, which had been the largest shareholder in Ryder System, has reduced its stake in Ryder by more than 50%, Bloomberg reported.
December 10, 2007California Approves Port Emissions Rules
California state regulators enacted strict air emission rules Friday that will ban much of the current fleet of diesel trucks from all ports statewide, the Los Angeles Times reported Saturday.
December 10, 2007Ice Storm Wreaks Havoc from Plains to Northeast
A large storm system that left ice on roads from the Plains to the Northeast has caused blackouts and led to at least 13 traffic deaths, the Associated Press reported Monday.
December 10, 2007