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.
The White House late last month gave its approval for a proposal that could force truckers to use electronic recorders to monitor their hours of service, clearing the way for the rule to be published after more than two years of discussion.
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November air cargo shipments jumped 2.9% compared with the same month a year ago, the Air Transport Association said Thursday.January 4, 2007
Engine manufacturers and trucking officials said they recognize the need for onboard diagnostic systems to monitor the performance of emission-treatment systems because diesel engines are growing in complexity.
Transportation firm Con-way Inc. late Wednesday lowered its fourth-quarter 2006 earnings guidance due to a projected tonnage decline.January 4, 2007
Canadian transportation firm TransForce Income Fund said Thursday it completed its acquisition of Westfreight Systems and Westfreight Holdings (U.S.A.). Terms were not disclosed.January 4, 2007
The Department of Homeland Security Wednesday issued its final rule under its Transportation Worker Identification Credential program for port security.January 4, 2007
The economy’s service sector growth rate fell in December following two increases, the Institute for Supply Management reported Thursday.January 4, 2007
The Institute for Supply Management said Wednesday its manufacturing index for December rose to 51.4 from a 49.5 reading, which had been the first contraction in more than three years.January 3, 2007
Transportation and logistics firm EGL Inc.’s Chief Executive Officer James Crane and an investment firm offered to take the company private in a $1.2 billion buyout, the company said.January 3, 2007