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, 2007GovernmentBusinessSafety
Driving 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, 2007BusinessSafety
2Q 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, 2007BusinessSafetyGovernment
Five 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, 2007BusinessSafetyGovernmentLogistics
Sleep 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, 2007BusinessSafetyGovernment
Knight 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, 2007BusinessSafetyGovernment
Letters to the Editor: Border Dissent, HOS, Defensive Driving
I would like to urge everyone reading this letter to contact their local representatives and ask them not to pass the law allowing Mexican carriers full, direct access to U.S. roadways and customers.
September 19, 2007BusinessSafety
2Q Driver Turnover Rate Drops
Driver turnover rates for large truckload carriers fell for the first time in a year in the second quarter, American Trucking Associations said Tuesday.
September 18, 2007GovernmentBusinessSafetyLogistics
Report Cites Congestion Problems Nationwide
Drivers waste nearly an entire work week each year sitting in traffic on the way to and from their jobs, according to a national study released Tuesday, the Associated Press reported.
September 18, 2007BusinessSafetyGovernmentTechnologyEquipment
TMW Buys IDSC; Upgrades TruckMate Program
Transportation technology provider TMW Systems said Monday it acquired Integrated Support Decision Corporation, for an undisclosed sum.
September 17, 2007