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.
Contrans’ Fourth-Quarter Income Rises
Canadian firm Contrans Income Fund reported it earned C$7.8 million or 34 cents a unit, compared with C$6.3 million or 33 cents a year earlier.
March 6, 2007Frozen Food Express’ Fourth-Quarter Income Declines
Refrigerated truckload carrier Frozen Food Express Industries said Tuesday its fourth-quarter income fell to $3.4 million or 24 cents a share, from $6.4 million or 34 cents a year earlier.
March 6, 2007ISM Service Index Declines in February
The U.S. economy’s service sector growth declined in February, the Institute for Supply Management said Monday.
March 5, 2007iTECH: Harnessing the Sun to Recharge Trailer Batteries
Considering that all batteries have a finite life span, harnessing sunlight is one way to keep tracking systems running for long periods on far-flung trailers.
Opinion: The Broker’s Role
According to the most recent Federal Motor Carrier Safety Administration census, there are now 16,930 registered transportation brokers. These numbers have been growing at a rate of 30% over the course of the past three years.
March 2, 2007Intermodal Traffic Rises 9.2% for Week, AAR Says
Rail intermodal levels rose last week but overall carload traffic continued a downward trend for the year, the Association of American Railroads said Thursday.
March 1, 2007December Nafta Surface Trade Dips 0.1%, DOT Says
Surface trade among the United States, Canada and Mexico dipped 0.1% in December from the same month a year earlier, though both truck and rail numbers rose, the Department of Transportation said.
March 1, 2007February ISM Manufacturing Index Moves to Positive Territory
The Institute for Supply Management’s manufacturing index for February rose to positive territory from January’s contraction, ISM said Thursday.
March 1, 2007EGL’s Fourth-Quarter Income Falls
Transportation and logistics firm EGL Inc. said its fourth-quarter income fell to $10.9 million or 27 cents a share, from $19.1 million or 47 cents in the previous fourth quarter.
February 28, 2007Editorial: Testing Longer, Heavier Trucks
The new chairman of the pivotal House Transportation and Infrastructure Committee, Rep. James Oberstar, said he would support a pilot program to test the effects that raising truck size and weight limits would have on the nation’s highways.
February 28, 2007