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.
Tank truck carrier Quality Distribution’s fourth-quarter profit was $6.2 million or 31 cents a share, compared with $6.2 million or 32 cents for the previous fourth quarter.February 27, 2007
Union Pacific Railroad has laid off 124 people and cut back hours for 455 more because of lower freight demand, the Associated Press reported, and a market analysis firm Monday lowered its market outlook for the rail sector.February 26, 2007
Canadian transportation firm TransForce Income Fund said Monday it earned C$55.1 million or 64 cents a share in the fourth quarter, up from C$35.9 million or 47 cents a year earlier.February 26, 2007
UNIVERSAL CITY, Calif. — An official with the Chicago Climate Exchange said the demand for cleaner engines and alternative fuels in the United States will increase as membership in its cap-and-trade emission trading system expands.
J.J. Keller Develops New Online Tools • ALK Announces Spring Update For CoPilot Live • FedEx Express Deploys Four Hybrids in DenverFebruary 26, 2007
UNIVERSAL CITY, Calif. — The president of the Long Beach Harbor Commission said a licensing system would be “up and running within five years” at his port and the neighboring Port of Los Angeles to ensure all trucks entering the facilities meet strict emission standards.
EL PASO, Texas — The United States will grant Mexican trucks access to U.S. highways under a pilot program, Transportation Secretary Mary Peters announced here today.
Inspectors from the Federal Motor Carrier Safety Administration will travel to Mexico to conduct safety audits on trucking companies interested in hauling cargo to and from the United States, the Department of Transportation said late Thursday.February 23, 2007
The Federal Maritime Commission has approved a settlement negotiated between American Trucking Associations’ Intermodal Motor Carriers Conference and an FMC-regulated ocean carrier, ATA said Thursday.February 22, 2007