Safety

About Safety News...

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.

Government, Business, Safety, Logistics

Hub Group Reports Higher 2Q Earnings

Third-party logistics company and freight broker Hub Group’s second-quarter net income rose to $15 million, or 40 cents a share, from $13.8 million, or 35 cents, a year ago.

July 24, 2008
Business, Safety, Government, Logistics

Union Pacific’s 2Q Profit Jumps 19%

Union Pacific Corp. said Thursday its second-quarter profit rose 19%, on higher demand for agricultural transportation.

July 24, 2008
Business, Safety, Government

Knight Reports Lower 2Q Earnings

Truckload carrier Knight Transportation’s second-quarter profit fell to $12.7 million, or 15 cents a share, from $18.2 million, or 21 cents, a year ago.

July 24, 2008
Business, Safety, Government

Senate Committee Approves Amendment Aimed at Halting Mexico Trucking Program

The Senate Appropriations Committee approved an amendment to the Department of Transportation’s fiscal 2009 budget aimed at halting the U.S.-Mexico trucking pilot program.

July 23, 2008
Business, Technology, Equipment, Safety

Ryder Reports Mixed 2Q Earnings

Ryder System Wednesday reported a second-quarter profit of $62.9 million, or $1.10 per share, compared with $65.1 million, or $1.07 per share, a year ago.

July 23, 2008
Government, Business, Safety

Letters to the Editor: Adding Truck Weight, Carrier Failures, Peters on Gas Tax

The EPA has mandated equipment on our trucks, which adds weight. Why not allow the carriers the chance to recoup the payload?

July 23, 2008
Government, Business, Safety

Vitran Reports Lower 2Q Income

Vitran Corp. said Wednesday its second-quarter profit fell 16% to $4.6 million, or 34 cents a share, from $5.5 million, or 41 cents, a year earlier.

July 23, 2008
Business, Safety, Government, Logistics

C.H. Robinson’s 2Q Profit Improves

Transportation and third-party logistics firm C.H. Robinson Worldwide said its second-quarter profit rose to $90.4 million, or 52 cents a share, from $82.3 million, or 47 cents, a year ago.

July 22, 2008
Government, Business, Safety

Caterpillar’s 2Q Income Jumps on International Demand

Heavy equipment and diesel engine maker Caterpillar Inc. said Tuesday its second-quarter profit rose 34%, led by international demand.

July 22, 2008
Government, Business, Safety

Canada’s Two Largest Railroads Report Lower Income

Canada’s two biggest freight railroads reported downturns in their second-quarter profits, Bloomberg reported.

July 22, 2008