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.
Technology Briefs — April 17 - April 23
Calif. Idling Rule to Cause Cost Increases, Execs Say
Clarification
Daimler Sees Truck Sales Rebounding by ’09
DaimlerChrysler AG expects U.S. sales of heavy-duty trucks to recover to last year’s level by 2009 after falling more than 40% this year, Bloomberg reported.
April 23, 2007iTECH: Six Years of Keeping IT Specialists Current
SoCal Ports Propose Ban on Old Trucks
The ports of Los Angeles and Long Beach said they would ban the oldest drayage trucks from doing business at their terminals.
April 23, 2007Caterpillar’s Earnings Dip; Revenue Gains
Heavy equipment and diesel engine manufacturer Caterpillar Inc. said Friday that its first-quarter net income dipped 3% to $816 million, from a record $840 million a year ago.
April 20, 2007Swift’s First-Quarter Earnings Tumble
Swift Transportation Co.’s first-quarter profit fell 74% because of a pending buyout, bad weather, higher fuel costs and lower demand.
April 19, 2007Landstar’s Quarterly Income Declines
Truckload carrier Landstar System said Thursday its first-quarter net income fell to $21.6 million or 38 cents a share, from $24.4 million or 41 cents a year ago.
April 19, 2007Knight’s 1Q Income, Revenue Gain
Truckload carrier Knight Transportation said its first-quarter profit rose 5% to $16.6 million or 19 cents a share, from $15.8 million or 18 cents a year ago.
April 19, 2007