Swift Transportation Co. founder Jerry Moyes said Thursday he has completed his $2.5 billion takeover of the truckload carrier.May 11, 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.
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.May 10, 2007
Federal regulators are looking into possible manipulation of crude oil prices by after-hours trading practices, the Wall Street Journal reported Thursday.May 10, 2007
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Sen. Barbara Boxer (D-Calif.) has asked the Department of Homeland Security to come up with stronger guidelines for truckers who transport gasoline and other hazardous materials, the Associated Press reported.May 9, 2007
Interpool Inc., a maker of shipping containers and chassis for intermodal container transportation, reported its first-quarter net income declined from a year ago.May 9, 2007
By Sean McNally, Senior Reporter
This story appears in the May 7 print edition of Transport Topics. Click here to subscribe today.May 9, 2007
A Senate panel approved a measure that would boost automobile fuel-economy standards and set mileage standards for heavy trucks for the first time, the Wall Street Journal reported Wednesday.May 9, 2007
This Opinon Piece appears in the May 7 print edition of Transport Topics. Click here to subscribe today.
By Tim Barton
Heavy rains from an already deadly storm system caused extensive floods in Missouri as Midwest waterways rose to levels not seen in 14 years, the Associated Press reported Tuesday.May 8, 2007