Volvo AB said its fourth-quarter net income rose, led mostly by increased business in Eastern Europe that offset a slump in North American sales, Bloomberg reported Wednesday.
February 6, 2008Trucking Industry Safety News
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.
Xata’s Fiscal First-Quarter Loss Widens
Transportation software firm Xata Corp. said Thursday it lost $1 million, or 14 cents a share, in its fiscal first quarter, compared with a loss of $554,000, or 9 cents, a year ago.
February 7, 2008Volvo’s N. American Sales Decline
Fourth-Quarter Productivity Rises 1.8%
U.S. worker productivity rose at an annual rate of 1.8% in the fourth quarter, the Labor Department said Wednesday.
February 6, 2008Patriot Reports First-Quarter Loss
Patriot Transportation Holding took a fiscal first-quarter loss of $139,000 or 5 cents a share, compared with net income of $2.2 million or 69 cents a year earlier.
February 6, 2008States Implementing Safety Measures as Federal Govt. Enforcement Lags
ATLANTA — Several states are planning or have approved motor carrier safety and environmental measures because federal regulators have failed to enforce their own regulations, a prominent transportation lawyer said in an update on regulatory and legislative matters at SMC3’s recent winter conference here.
February 6, 2008ATA Seeks Nominations for ’09-’10 America’s Road Team
American Trucking Associations said Wednesday it is seeking nominations for professional truck drivers to serve on the 2009-2010 America’s Road Team.
February 6, 2008PHH Arval Sets Partnership with Center for Transportation Safety
PHH Arval announced a strategic partnership Monday with the Center for Transportation Safety, a leading provider of risk management and training solutions for drivers, to enhance fleet safety.
February 5, 2008ISM Services Index Contracts in January
The economy’s service sector contracted in January, the Institute for Supply Management said Tuesday.
February 5, 2008Bush Proposes $68 Billion for DOT’s ’09 Budget
President Bush proposed a $3.1 trillion fiscal 2009 budget on Monday that would give the Department of Transportation $68 billion, a $1 billion increase over last year’s request.
February 4, 2008R.I. Checking Bridges in Inspections Program
Rhode Island transportation officials are checking the designs of 15 bridges in the state for a flaw that may have contributed to a fatal bridge collapse in Minneapolis last August, the Associated Press reported.
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