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.
Rail, Intermodal Fall for Week
Rail carload and intermodal freight traffic fell compared with a year ago for the week ended Saturday, the Association of American Railroads said Thursday.
August 2, 2007Minn. Highway Bridge Collapse Kills At Least Four, Injures Dozens
An interstate highway bridge jammed with rush-hour traffic collapsed into the Mississippi River in Minneapolis late Wednesday, thowing dozens of vehicles into the water and killing at least four people, the Associated Press reported.
August 2, 2007Xata’s 3Q Loss Widens; Revenue Rises 7.2%
Transportation software firm Xata Corp. said Thursday it lost $875,000 or 21 cents a share in its fiscal third quarter, compared with a loss of $559 million or 9 cents a year ago.
August 2, 2007Patriot Transportation’s 3Q Income Rises
Patriot Transportation Holding’s fiscal third-quarter net income jumped to $2.4 million or 77 cents a share, from $1.8 million or 59 cents a year earlier.
August 2, 2007ISM Factory Index Slips in July
The Institute for Supply Management’s manufacturing index fell in July, ISM said Wednesday.
August 1, 2007Company Wins FMCSA Contract to Help Truckers Find Parking
Foster-Miller Inc. said Tuesday it was awarded a $396,000 contract from the Federal Motor Carrier Safety Administration to develop an automated system to help long-haul truckers find available parking.
August 1, 2007After 8 Years, Va. ‘Mixing Bowl’ Construction Finishes
After eight years of construction, work on the $676 million Springfield interchange in Northern Virginia, site of one of the East Coast’s worst bottlenecks, is complete.
July 31, 2007NAFTA Surface Trade Gains 5.2%
Surface trade among the United States, Canada and Mexico was 5.2% higher in May than a year earlier, the Department of Transportation said Tuesday.
July 31, 2007Letter to the Editor: Hours-of-Service Ruling
Schneider to Use Oracle Software System
Truckload carrier Schneider National has selected Oracle to supply infrastructure software for its integrated transaction and data enterprise software system, Oracle said Monday.
July 30, 2007