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.
Driver Error Causes 75% of Tanker Rollovers, FMCSA Report Says
Kitty Hawk Posts 1Q Loss
Air cargo transporter Kitty Hawk Inc. said it lost $11.6 million or 22 cents a share in the first quarter, compared with a loss of $8.7 million or 17 cents a year ago.
May 16, 2007Con-way Sets Driver Pay Package
Con-way Truckload said Tuesday it has instituted new driver pay structures and programs aimed at attracting qualified team drivers.
May 15, 2007Bush Outlines Emissions-Reduction Plan
President Bush on Monday ordered U.S. government agencies to begin taking regulatory steps to curb vehicle emissions and urged Congress to enact legislation to reduce U.S. dependence on foreign oil.
May 14, 2007Court OKs Allied’s Reorg. Plan
Auto carrier Allied Holdings said Saturday that a bankruptcy court has approved its reorganization plan.
May 14, 2007TMW Cites First-Quarter Upturns
Trucking software provider TMW Systems said it was “pleased” with its first-quarter financial performance and production output.
May 14, 2007Innovative Computing Adds Features
Innovative Computing Corp. added several features to its main transportation package, called Innovative Enterprise Software, the company said.
May 14, 2007Fla. Reopens Roads Following Fire
Florida officials reopened parts of two interstates near the Georgia border that were closed over the weekend, but said intermittent closures could continue as wildfire smoke poses a safety hazard, the Associated Press reported.
May 14, 2007Court OKs Allied’s Plan
Auto carrier Allied Holdings said Saturday that a bankruptcy court has approved its reorganization plan.
May 14, 2007Trimac’s Earnings Dip in 1Q
Canada-based transportation firm Trimac Income Fund said its first-quarter net earnings fell to C$1.5 million or 5 cents per unit, from C$3.7 million or 7 cents a year earlier.
May 14, 2007