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.
FMCSA Eases Hay, Straw Tie-Down Rule
The Federal Motor Carrier Safety Administration said last month that bales of hay and straw could be secured by less stringent methods than standard cargo-securing regulations require, because of the nature of those commodities.
October 19, 2007Rush Reports 3Q Earnings Dip
Truck dealership Rush Enterprises said its third-quarter earnings dipped to $13.1 million or 34 cents a share, from $16.4 million or 43 cents for the same quarter last year.
October 19, 2007iTECH: There’s More to Return on Investment Than a Price Tag
Return on investment is a standard measurement of the dollar value of an information technology system. Small or medium-sized fleets likely focus their financials on cost per truck — “per seat,” in the IT lexicon.
October 19, 2007Ryder Gets Boeing Transportation Contract
Ryder System said Friday that that aerospace firm Boeing Co. has chosen Ryder to provide global transportation management services.
October 19, 2007China Trucking Panel Set for MCE
Opportunities in trucking and logistics in China’s burgeoning economy will be the subject of a panel discussion at American Trucking Associations’ annual meeting in Orlando, Fla., next week.
October 19, 2007Covenant Takes Third-Quarter Loss
Covenant Transportation Group reported it lost $3.6 million or 25 cents a share, compared with a net income of $795,000 or 6 cents a year earlier.
October 19, 2007Landstar’s 3Q Earnings Dip
Truckload carrier Landstar System said Thursday its third-quarter net income slipped from a year ago, though its per-share income rose.
October 18, 2007Knight’s Third-Quarter Earnings Decline
Truckload carrier Knight Transportation’s third-quarter profit fell to $14.5 million or 17 cents a share, from $18.9 million or 22 cents a year ago.
October 18, 2007Peters Asks Congress to Approve Mexican Truck Program
Transportation Secretary Mary Peters asked Congress Wednesday to reconsider its pending prohibition and let a cross-border trucking demonstration program between the United States and Mexico proceed.
October 17, 2007I-5 Tunnel Concerns Cited Following SoCal Crash
A chain-reaction crash on Interstate 5 that left three people dead was apparently caused when a trucker lost control emerging from the tunnel, and some truckers cited concerns with the tunnel’s configuration, the Los Angeles Times reported Wednesday.
October 17, 2007