Norfolk Southern’s Q4 profit fell 33% due to the ever-growing costs of the cleanup of last year’s derailment in eastern Ohio, but the railroad did deliver 3% more shipments in the quarter.
January 26, 2024Trucking Industry 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.
Norfolk Southern Q4 Profit Down 33%, Derailment Costs Rising
FMCSA Plans to Remove 15,000 Medical Examiner Certifications
Federal trucking regulators plan to disqualify more than 15,000 physicians responsible for certifying that truck drivers are healthy enough to get behind the wheel.
January 26, 2024Justice Department Inquiring Into Cruise Collision Fiasco
SAN FRANCISCO — General Motors is facing a U.S. Justice Department investigation into a collision that critically injured a pedestrian and derailed its self-driving car ambitions.
January 26, 2024Daily Fuel Tanker Costs Eclipse $100,000 for Some in Red Sea
Some oil tanker earnings have soared above $100,000 a day as the disruption of shipments through the Red Sea persists.
January 25, 2024USDOT Gives Truck Parking Projects $292 Million in Grants
Infrastructure projects aimed at expanding and improving truck drivers’ access to parking are receiving $292 million in federal funding, the U.S. Department of Transportation announced.
January 25, 2024Transportation Nominees on Senate’s To-Do List
Robin Hutcheson’s exit from the Federal Motor Carrier Safety Administration will add to a list of transportation nominations the Senate will be tasked to consider during an election year.
January 25, 2024Buttigieg Calls on Congress to Pass Rail Safety Bill
Secretary Pete Buttigieg recently pressed Congress to pass legislation that would strengthen rail safety policies.
January 25, 2024Auto Dealers Campaign for Biden to Halt Tailpipe Emissions Rules
DETROIT — More than 4,700 auto dealerships across the U.S. urged President Joe Biden in a letter Jan. 25 to halt the EPA's efforts to enforce stricter vehicle-pollution standards.
January 25, 2024Union Pacific Profit Up 1% in Q4 as Deliveries Rise
OMAHA, Neb. — Union Pacific’s fourth-quarter profit crept up 1% as the railroad delivered more fertilizer, imported goods and vehicles.
January 25, 2024Work-Related Deaths Rise in 2022, BLS Report Finds
The number of job-related deaths rose 5.7% in 2022 compared with 2021, with workers in broadly defined transportation-related jobs accounting for the largest share of fatalities.
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