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.
Turnover Falls at Large TL Carriers
Driver turnover at large truckload carriers dropped 13% last year — the first decline since 2001 — while it rose by an identical percentage at smaller truckload carriers, according to American Trucking Associations.
Trucking Would Consider Higher Taxes, Graves Says
The trucking industry is willing to pay higher fuel taxes as long as the money is spent to improve the highway infrastructure, American Trucking Associations President Bill Graves said.
Former ATA Chairman Vernon Garner Dies at 69
Garner Transportation Group co-founder and former American Trucking Associations Chairman Vernon Eugene Garner died Tuesday, following a lengthy bout with cancer. He was 69.
March 22, 2007Rail, Intermodal Traffic Decline for Week
Rail intermodal traffic fell 7% last week and carload traffic dipped 1.1% compared with the same week last year, the Association of American Railroads said Thursday.
March 22, 2007EGL Receives $40 Per-Share Offer From Apollo Management
Just a day after it said it would be sold for $38 a share to a group headed by its chief executive officer, transportation firm EGL Inc. said it had received a competing offer for $40 a share from another investment group.
March 21, 2007Hub Group CFO Tom White Leaves Company
Transportation logistics firm Hub Group Inc. said late Tuesday that Chief Financial Officer Tom White resigned has been replaced by Terri Pizzuto, the company's vice president of finance.
March 21, 2007Security & Safety Briefs — March 15 - March 21
Kentucky Eyes Higher Speed Limits • Penske Has Trained 15,000 Drivers Under Highway Watch Program • Colorado to Spend $1.2 Mln. for Truck ‘Chain-Up’ Spaces
March 21, 2007Trucking, Safety Officers’ Group Join Forces Against Coalition Over Criticism of FMCSA
WASHINGTON — Trucking and law enforcement groups said a recent report claiming the Federal Motor Carrier Safety Administration has failed to ensure trucking safety was unproductive and poorly researched.
Recorded Engine Data Can Help Defend Claims
NEW ORLEANS — Sophisticated recording devices built into modern trucks and diesel engines can generate information that plaintiff’s attorneys can use to force fleets and their insurance companies to pay massive settlement claims.
Recorded Engine Data Can Help Defend Claims
NEW ORLEANS — Sophisticated recording devices built into modern trucks and diesel engines can generate information that plaintiff’s attorneys can use to force fleets and their insurance companies to pay massive settlement claims.
March 21, 2007