The Federal Reserve’s rate cut this week helped transportation industry stocks, as the broader economy needed a boost to help soften the slowdown that is projected to last through the first half of 2008, according to American Trucking Associations’ Chief Economist Bob Costello.
September 19, 2007Business, Safety, Government
Five Indiana Counties to Switch Time Zones, DOT Says
Five counties in southwestern Indiana will switch from Central to Eastern time beginning Nov. 4, the U.S. Department of Transportation said.
September 21, 2007Business, Safety, Government
Fed Action Boosts Transport Stocks
Business, Safety, Government, Logistics
Sleep Apnea Program Cuts Costs for Health Care, Schneider Says
Truckload carrier Schneider National said a sleep apnea screening and treatment program managed by an outside vendor has improved safety and driver productivity while lowering health-care costs.
September 19, 2007Business, Safety, Government
Knight Issues 3Q Earnings Warning
Truckload carrier Knight Transportation said its third-quarter earnings would be below analysts’ predictions, citing an industrywide decline in freight tonnage and excess truckload capacity.
September 19, 2007Business, Safety, Government
Letters to the Editor: Border Dissent, HOS, Defensive Driving
I would like to urge everyone reading this letter to contact their local representatives and ask them not to pass the law allowing Mexican carriers full, direct access to U.S. roadways and customers.
September 19, 2007Business, Safety
2Q Driver Turnover Rate Drops
Driver turnover rates for large truckload carriers fell for the first time in a year in the second quarter, American Trucking Associations said Tuesday.
September 18, 2007Government, Business, Safety, Logistics
Report Cites Congestion Problems Nationwide
Drivers waste nearly an entire work week each year sitting in traffic on the way to and from their jobs, according to a national study released Tuesday, the Associated Press reported.
September 18, 2007Business, Safety, Government, Technology, Equipment
TMW Buys IDSC; Upgrades TruckMate Program
Transportation technology provider TMW Systems said Monday it acquired Integrated Support Decision Corporation, for an undisclosed sum.
September 17, 2007Business, Safety, Government
PeopleNet, Microdea Set In-Cab Scanning
Transportation software firm PeopleNet, in partnership with Microdea Inc., said Monday the two have introduced in-cab scanning for the trucking industry.
September 17, 2007Business, Safety, Autonomous
GAO Faults FMCSA on Trucking Fines
Trucking regulators do not always use the maximum fines on trucking companies found with serious safety violations, according to the Government Accountability Office, Bloomberg reported.
September 17, 2007