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.
Forward Air Corp., a contractor to the air cargo industry, said its first-quarter profit slipped by 6% to $10.3 million or 34 cents a share, from $11 million or 35 cents a year ago.April 24, 2007
The Jacksonville Port Authority said it recorded its busiest cargo-handling year in 2006 — its sixth consecutive year of cargo growth — with a 3% increase over 2005.April 23, 2007
This briefing can be e-mailed to you every week.
Just click here to sign up.
April 23, 2007
By Andrea Fischer, Staff Reporter
This story appears in the April 23 print edition of Transport Topics. Click here to subscribe today.April 23, 2007
The Intermodal Association of North America believes that its position on the Federal Motor Carrier Safety Administration’s proposed rule on intermodal chassis safety was mischaracterized in an April 9 story on p. 4.April 23, 2007
DaimlerChrysler AG expects U.S. sales of heavy-duty trucks to recover to last year’s level by 2009 after falling more than 40% this year, Bloomberg reported.April 23, 2007
On Topic: By Bruce Harmon, Managing Editor, Transport TopicsApril 23, 2007
The ports of Los Angeles and Long Beach said they would ban the oldest drayage trucks from doing business at their terminals.April 23, 2007
Heavy equipment and diesel engine manufacturer Caterpillar Inc. said Friday that its first-quarter net income dipped 3% to $816 million, from a record $840 million a year ago.April 20, 2007
Swift Transportation Co.’s first-quarter profit fell 74% because of a pending buyout, bad weather, higher fuel costs and lower demand.April 19, 2007