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.
Telargo to Provide Telematics System for LeasePlan USA
Fleet management services firm Telargo Inc. said Monday it will provide telematics systems for vehicle leasing company LeasePlan USA, Alpharetta, Georgia.
August 7, 2007Cooper Tire's 2Q Income Improves
Cooper Tire and Rubber Co. said Monday its net income rose to $17.6 million or 28 cents a share, compared with a net loss of $21 million or 34 cents a share a year ago.
August 6, 2007Penske to Manage European Supply Chain for Bombardier
Penske Logistics has been selected as the lead logistics provider for Bombardier Transportation’s European operations, the company said Monday.
August 6, 2007Hub International Acquires Two Trucking Insurers
Hub International Transportation Insurance Services has acquired two San Antonio-based insurance brokers that provide coverage to the trucking industry, the company said Monday.
August 6, 2007June Tonnage Falls 3.4%
Freight volumes fell in June from year-ago levels for the 11th time in 12 months, American Trucking Associations reported last week, even though second-quarter U.S. economic activity rebounded nicely over the disappointing first quarter.
August 6, 2007Bridge Collapse Points to Need For Road Funds, Officials Say
The catastrophic collapse of the Interstate 35 bridge in Minneapolis last week underscores the need for increased funding for U.S. infrastructure, several transportation officials said.
August 6, 2007Opponents Spar Over Impact of Appeals Court’s HOS Ruling
Officials on both sides of the debate over revising work rules for commercial drivers presented markedly different interpretations of a recent federal appeals court’s ruling striking down portions of the new plan.
August 6, 2007UPS, BNSF Cooperate to Speed Shipments By Loading Trailers on Flatcars Near Chicago
More than a million packages a day in metropolitan Chicago have an ideal commute. They roll through the back gate of the UPS Inc. facility here and into the Burlington Northern Santa Fe rail yard next door — without traveling on a public street — so they can catch a train for such places as Kansas City, Denver or California.
August 6, 2007July ISM Services Index Declines Sharply
The economy’s service sector growth rate experienced its largest decline in nearly two years in July, falling to 55.8 in from 60.7 in June, the Institute for Supply Management said Friday.
August 3, 2007TransForce to Purchase Canadian Courier
Canadian transportation firm TransForce Income Fund said Thursday it will purchase Century II Holdings, the parent company of Toronto-based ICS Courier.
August 3, 2007