Safety
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.
Sterling Truck Corp. Closes After 11 Years
Sterling Truck Corp. officially ended its 11-year life span last month when the last Class 8 rolled off the St. Thomas, Ontario, assembly line, part of a final order for ABF Freight System Inc.
April 13, 2009Daily Briefings from Transport Topics
Transport Topics has partnered with Spoken Layer to make one-minute daily briefings available on all your smart devices. Simply say “Alexa, play Transport Topics” or “Okay Google, talk to Transport Topics” to get the day’s biggest trucking headlines.
FMCSA Clarifies Oil-Field HOS Exemption
The Federal Motor Carrier Safety Administration said an exemption to the federal hours-of-service rules granted to oil-field haulers will be applied based on what the truck is being used for.
April 10, 2009Massachusetts Weighs Transportation Reform
The Massachusetts House of Representatives has joined the Senate in approving a reform plan for the state’s transportation system.
Opinion: Improving Carrier Profits
Increasing operating costs, declining revenues and tighter budgets have forced less-than-truckload carriers, private fleets and small-parcel carriers to eliminate unnecessary expenses — once they figure out which expenses those are.
April 10, 2009Intermodal Traffic Falls 14.7% for Week
Intermodal traffic fell 14.7% for the week of April compared with the same week a year ago, the Association of American Railroads said.
April 10, 2009DOT Freight Index Falls 6% in February
The Department of Transportation’s freight transportation services index fell 6% in February from a year earlier, its lowest level for the month of February in six years, DOT said Wednesday.
April 8, 2009UPS Freight Expands North American Service
UPS Freight, the less-than-truckload unit of UPS Inc., said it will expand service to Mexico and include customs brokerage capabilities and a single invoicing for all services between the U.S., Canada and Mexico.
April 8, 2009Ryder Lowers 1Q Outlook
Ryder System Wednesday cut its first-quarter forecast, saying the ongoing recession has hurt its freight volumes and reduced demand.
April 8, 2009Iteris Buys Hamilton Signal Assets
Iteris Inc., which makes lane-departure warning systems for the trucking industry, said Tuesday it acquired assets from Hamilton Signal including its Abacus system. Terms were not disclosed.
April 7, 2009Brokers Saw Decreased Profits in 2008, Survey Shows
Freight brokers and logistics providers saw profit margins decrease 5% in 2008 compared to the previous year due to volatile market conditions, a survey by transportation technology company TransCore shows.
April 6, 2009