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.
California has asked U.S. regulators for permission to set its own environmental rules for reducing global warming emissions from passenger vehicles, Bloomberg reported.May 23, 2007
Brent Jones first got word March 27 that his trucking company’s name was being used as part of a freight load board fraud scheme.May 22, 2007
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Border OpeningMay 22, 2007
Sen. Hillary Clinton (D-N.Y.) has urged Congress to tighten U.S. rail-safety rules, citing CSX Corp. derailments and other accidents in her state since December, Bloomberg reported.
Clinton made her remarks at a Senate transportation subcommittee hearing on rail safety.May 22, 2007
McLeod Software, said Thursday it added several features to its LoadMaster transportation management package.May 21, 2007
A Senate proposal that would set fuel-economy standards for heavy- and medium-duty trucks conflicts with a current push to reduce engine emissions and would not work without additional research, representatives of the truck manufacturing industry said.May 21, 2007
Sales of new Class 8 trucks plunged 45% in April, compared with a year earlier, the most severe decline in six years.May 21, 2007
With demand for freight-hauling services relatively slack, some trucking companies are branching out beyond logistics to offer more warehousing services.May 21, 2007
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