The Federal Reserve’s rate cut this week helped transportation industry stocks, as the broader economy needed a boost to help soften the slowdown that is projected to last through the first half of 2008, according to American Trucking Associations’ Chief Economist Bob Costello.
September 19, 2007Trucking 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.
N.J. Freight Plan Calls for Road, Rail, Shipping Improvements
A New Jersey Department of Transportation plan released Tuesday recommends improvements in the state’s roadways and other freight passages to maximize the economic benefits of more efficient freight movement.
September 25, 2007Truck Idling Limits Increasing Nationwide
Truck idling limits in Rhode Island, New Jersey and California are the newest restrictions in a growing list of regional regulations, according to a recent report published by the American Transportation Research Institute.
September 24, 2007Volvo’s North American Deliveries Drop
Volvo AB said its heavy truck deliveries for the first eight months of the year fell 4.4% worldwide, while North American deliveries plunged, Bloomberg reported Monday.
September 24, 2007FMCSA Supports ATA Motion on Hours-of-Service Rule
The Federal Motor Carrier Safety Administration filed a memorandum with a court in Washington Friday strongly supporting American Trucking Associations’ request that the court’s vacating of provisions of truck driver hours-of-service rules be stayed pending reconsideration by the agency.
September 24, 2007Driving Hours Remain in Effect
The current truck-driver hours-of-service rules — allowing 11 hours of driving and restarting a week after 34 hours of rest — are likely to remain in place for at least several more weeks.
September 24, 20072Q Truckload Driver Turnover Rates Fall
Driver turnover at large truckload carriers fell 11 percentage points to an annualized rate of 116% in the second quarter, compared with the previous three months, American Trucking Associations reported.
September 24, 2007Five Indiana Counties to Switch Time Zones, DOT Says
Five counties in southwestern Indiana will switch from Central to Eastern time beginning Nov. 4, the U.S. Department of Transportation said.
September 21, 2007Sleep Apnea Program Cuts Costs for Health Care, Schneider Says
Truckload carrier Schneider National said a sleep apnea screening and treatment program managed by an outside vendor has improved safety and driver productivity while lowering health-care costs.
September 19, 2007Knight Issues 3Q Earnings Warning
Truckload carrier Knight Transportation said its third-quarter earnings would be below analysts’ predictions, citing an industrywide decline in freight tonnage and excess truckload capacity.
September 19, 2007Trending
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