Rail carload and intermodal freight both fell last week compared with a year ago, continuing a trend this year, the Association of American Railroads said Thursday.May 17, 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.
The House voted last week to impose more restrictions on the DOT’s plans to grant Mexican trucks access to U.S. highways, in a move aimed at significantly slowing a proposed pilot program.May 21, 2007
Citigroup Inc.’s commercial business unit said it is entering the transportation fleet financing business.May 18, 2007
The freeway ramp to Interstate 880 that collapsed after an April 29 gasoline-tanker accident last month is expected to be rebuilt by Memorial Day next weekend, ahead of schedule, the San Francisco Chronicle reported.May 17, 2007
The House voted overwhelmingly Tuesday to delay a Department of Transportation plan to allow Mexican trucks full access to U.S. highways, the Associated Press reported.May 16, 2007
The Department of Homeland Security said Thursday it has issued an $11.6 million grant to the Highway Watch program it sponsors jointly with American Trucking Associations.May 16, 2007
American Trucking Associations said a draft rule issued by the Department of Homeland Security making state and commercial driver licenses subject to more stringent security checks would further contribute to an industrywide driver shortage and could put small trucking companies out of business.May 16, 2007
By Tarun Reddy, Staff Reporter
This story appears in the May 14 print edition of Transport Topics. Click here to subscribe today.
Air cargo transporter Kitty Hawk Inc. said it lost $11.6 million or 22 cents a share in the first quarter, compared with a loss of $8.7 million or 17 cents a year ago.May 16, 2007
Con-way Truckload said Tuesday it has instituted new driver pay structures and programs aimed at attracting qualified team drivers.May 15, 2007