A proposed plan to charge fees on vehicles entering New York’s business district could win approval from state lawmakers as soon as Thursday, according to Gov. Eliot Spitzer, Bloomberg News reported. (Click here to write a Letter to the Editor.)June 19, 2007
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.
These letters appear in the June 18 print edition of Transport Topics. Click here to subscribe today.
SafeStat ScoresJune 19, 2007
June 19, 2007
Driver turnover rates rose in the first quarter at both large truckload and less-than-truckload carriers, while the rate fell modestly for smaller truckload carriers, according to new American Trucking Associations data.June 18, 2007
An analyst with Stifel, Nicolaus & Co. lowered the second-quarter and full-year earnings estimates on 13 freight companies — including 12 trucking companies — citing continued softness in the transportation market, the Associated Press reported.June 18, 2007
American Truck Associations has announced a reorganization of the management of the Highway Watch program.June 18, 2007
WASHINGTON — Congressional Democrats said steps need to be taken to ensure that U.S. consumers are not getting shortchanged by “hot” fuel, but representatives of the fuel retailing industry said adjusting sales by temperature was unnecessary and would hurt small businesses.June 18, 2007
By Stephen Bennett, Contributing WriterJune 18, 2007
Heavy-duty retail truck sales in the United States fell 51.7% in May from year-ago levels, the result of slowing freight demand and the impact of last year’s big pre-buy.June 18, 2007
New York City Mayor Michael Bloomberg announced a change in his congestion pricing proposal, saying trucks meeting federal engine emission standards would be charged $7 to enter Manhattan at peak times, rather than $21.June 18, 2007