Transport Topics
FMCSA Adopts Crash Accountability Program
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The Federal Motor Carrier Safety Administration on May 1 announced that effective immediately it is making permanent a pilot program that will not count a crash in which a motor carrier was not at fault when calculating the carrier’s safety measurement profile. It also is expanding the types of crashes that may be considered.
Forward Air Reports $342.5 Million Revenue for Q1
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Forward Air Corp. posted increased revenue but narrower net income for the first quarter of 2020, the company reported.
Railroads on Track to Meet PTC Deadline, GAO Reports
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A sense of optimism about the ability to fully implement automatic braking systems prior to a Dec. 31 deadline is shared by the country’s rail operators, according to a new report by the Government Accountability Office.
Universal Logistics Reports Revenue Increases, but Net Income Falls in Q1
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Universal Logistics Holdings saw revenue increase but net income decline during a first quarter marked by what its leader described as a “deteriorating operating environment caused largely by the COVID-19 pandemic.”
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