Trucking 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.
Navistar Reports Strength in Overseas Markets
Truck and engine maker Navistar International Corp. said Tuesday it saw signs of strength in non-traditional and overseas vehicle markets, despite a 6% downturn in Class 6-8 North American truck and bus shipments in its fiscal first quarter.
March 20, 2007US 1 Reports Improved Fourth-Quarter Profit
US 1 Industries’ fourth-quarter income was $1.4 million or 11 cents a share, compared with $600,000 or 5 cents a year earlier.
March 20, 2007EGL to Be Sold to CEO, Investor Groups for $1.7 Billion
Transportation firm EGL Inc. said Monday it has signed a definitive merger agreement under which EGL Chairman and Chief Executive Officer James Crane and two investment firms will buy the firm for $38 per share, or about $1.7 billion.
March 19, 2007Opinion: The Upside of the EOBR Proposal
The Federal Motor Carrier Safety Administration’s recently proposed rule mandating the use of electronic onboard recorders for habitual violators of federal hours-of-service regulations has set in motion an industrywide discussion about the plan’s merits.
March 19, 2007OEMs Ship 281,000 Trailers in ’06
While much of the heavy-duty truck sales hoopla during 2006 focused on truck makers as they set new monthly and yearly sales records, trailer makers were quietly posting their third-best sales year ever, according to new data from ACT Research.
March 19, 2007TCA Leaders Plan Active Role In Shaping Industry Policies
LAS VEGAS — Leaders of the Truckload Carriers Association said they will take a more active role in shaping trucking’s policy in the coming year and emphasize the need to provide drivers a safer work environment and wage stability.
March 19, 2007Trucking, Safety Officers’ Group Join Forces Against Coalition Over Criticism of FMCSA
Editorial: A Fuel-Price Gusher
A funny thing happened just as some fleets were discussing reducing their fuel surcharges: Prices went flying again. Since Jan. 26, after five straight weekly increases, the average retail price of diesel is $2.626 a gallon, and climbing.
March 16, 2007Intermodal Traffic Continues to Climb, Rising 8.9% for Week
Rail intermodal traffic rose 8.9% last week but carload traffic fell 0.9% as overall volume reached its highest level this year, the Association of American Railroads said Thursday.
March 15, 2007January Transportation Services Index Declines 0.6%
The U.S. Transportation Department’s transportation services index fell 0.6% in January following a one-month increase in December, DOT said Wednesday.
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