Federal Motor Carrier Safety Administration

Rockwell Medical Announces Second Quarter 2023 Results

Retrieved on: 
Monday, August 14, 2023

All terms of the sale of any Rockwell Medical product, including price, delivery schedule, and terms and conditions, are set by Rockwell Medical, in the Company's sole discretion.

Key Points: 
  • All terms of the sale of any Rockwell Medical product, including price, delivery schedule, and terms and conditions, are set by Rockwell Medical, in the Company's sole discretion.
  • During and subsequent to the second quarter of 2023, Rockwell undertook workforce and cost reductions as part of its continued business restructuring.
  • Rockwell Medical anticipates that third quarter 2023 net sales will be between $21.0 million and $23.0 million.
  • Rockwell Medical is updating its guidance on profitability and now expects the Company to be profitable in the fourth quarter 2023 and going forward.

Koffie Financial, Snapsheet Partner to Transform Claims Management in Trucking

Retrieved on: 
Thursday, August 17, 2023

BROOKLYN, N.Y., Aug. 17, 2023 /PRNewswire/ -- Koffie Financial, a vertically integrated financial services platform for the trucking industry, has teamed up with Snapsheet, the pioneer in cloud-based claims management software, to transform the way claims are processed in the trucking sector. This strategic partnership aims to enhance Koffie Financial's claims management capabilities, improve loss ratio, and deliver an exceptional customer experience.

Key Points: 
  • BROOKLYN, N.Y., Aug. 17, 2023 /PRNewswire/ -- Koffie Financial , a vertically integrated financial services platform for the trucking industry, has teamed up with Snapsheet , the pioneer in cloud-based claims management software, to transform the way claims are processed in the trucking sector.
  • This strategic partnership aims to enhance Koffie Financial's claims management capabilities, improve loss ratio, and deliver an exceptional customer experience.
  • To address these challenges, Koffie Financial has deployed Snapsheet's innovative claims management platform, leveraging customer-centric technology and intelligent automation to streamline and optimize the claims journey.
  • With the deployment of Snapsheet's claims management platform, Koffie Financial is solidifying its position as a leader in the trucking industry.

Revolutionizing the Way Americans Move with a Free and Trustworthy Platform

Retrieved on: 
Wednesday, August 16, 2023

With an average American relocating nearly 12 times throughout their lifetime, the demand for dependable moving services continues to soar.

Key Points: 
  • With an average American relocating nearly 12 times throughout their lifetime, the demand for dependable moving services continues to soar.
  • "Our mission is to create an app like Uber, that empowers users to effortlessly receive instant quotes for relocations through the platform.
  • Approximately 27 million Americans move each year, accounting for 8.4% of the population, showcasing the significant demand for reliable movers.
  • ZIPMOVER welcomes all Americans to experience the ease and convenience of their platform during their next move.

TEAMSTERS COMMEND FMSCA FOR CONSIDERATION OF WAIVER PETITIONS

Retrieved on: 
Tuesday, August 15, 2023

WASHINGTON, Aug. 15, 2023 /PRNewswire/ -- The Teamsters are applauding the Federal Motor Carrier Safety Administration (FMCSA) for its announcement that it will consider petitions for waivers from the agency's prior determinations that California and Washington meal and rest break rules for commercial drivers were preempted by federal hours-of-service regulations.

Key Points: 
  • "The FMCSA is taking steps in the right direction by accepting applications for waiver petitions," said O'Brien.
  • "FMCSA Administrator Robin Hutcheson is taking steps in the right direction by accepting applications for waiver petitions," said Teamsters General President Sean M. O'Brien.
  • "States should have the freedom to protect motorists and workers by implementing stronger meal and rest break requirements for professional drivers.
  • Founded in 1903, the International Brotherhood of Teamsters represents 1.2 million hardworking people in the U.S., Canada, and Puerto Rico.

ATA's Statement Opposing FMCSA's Move to Create Patchwork of Meal and Rest Break Rules

Retrieved on: 
Friday, August 11, 2023

In response, American Trucking Associations President & CEO Chris Spear issued this statement opposing FMCSA's action:

Key Points: 
  • In response, American Trucking Associations President & CEO Chris Spear issued this statement opposing FMCSA's action:
    "Ensuring a singular, national standard of work rules for professional drivers is crucial to both safety and the supply chain.
  • Unnecessary and duplicative state laws are not grounded in safety and have been primarily enforced via private lawsuits designed to extort the trucking industry.
  • Opening the door to this spurious litigation once again would impair the safe and efficient movement of interstate goods.
  • "ATA is fully prepared to oppose this effort that would result in a confusing patchwork of regulations.

Old Dominion Freight Line Announces $0.40 Per Share Quarterly Cash Dividend

Retrieved on: 
Thursday, July 20, 2023

Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.40 per share of common stock, payable on September 20, 2023, to shareholders of record at the close of business on September 6, 2023.

Key Points: 
  • Old Dominion Freight Line, Inc. (Nasdaq: ODFL) today announced that its Board of Directors has declared a quarterly cash dividend of $0.40 per share of common stock, payable on September 20, 2023, to shareholders of record at the close of business on September 6, 2023.
  • This dividend represents a 33.3% increase over the dividend paid in September 2022.
  • Forward-looking statements in this news release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
  • Old Dominion Freight Line, Inc. is one of the largest North American less-than-truckload (“LTL”) motor carriers and provides regional, inter-regional and national LTL services through a single integrated, union-free organization.

Old Dominion Freight Line Releases 2022 ESG Report

Retrieved on: 
Friday, June 30, 2023

Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today the release of its 2022 Environmental, Social and Governance (ESG) Report.

Key Points: 
  • Old Dominion Freight Line, Inc. (Nasdaq: ODFL) announced today the release of its 2022 Environmental, Social and Governance (ESG) Report.
  • The 2022 ESG Report content has been informed by the Sustainability Accounting Standards Board (SASB) Road Transportation Sustainability Accounting Standard and is reported with reference to the Global Reporting Initiative (GRI) standards.
  • The ESG Report is available under the Corporate Responsibility section of the Company’s investor website at ir.odfl.com .
  • Old Dominion Freight Line, Inc. is one of the largest North American LTL motor carriers and provides regional, inter-regional and national LTL services through a single integrated, union-free organization.

ONE Gas Adds New Member to Board of Directors

Retrieved on: 
Thursday, June 29, 2023

TULSA, Okla., June 29, 2023 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) has appointed Deborah Hersman to its board of directors, effective June 29, 2023, expanding its board from eight to nine members.

Key Points: 
  • TULSA, Okla., June 29, 2023 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) has appointed Deborah Hersman to its board of directors, effective June 29, 2023, expanding its board from eight to nine members.
  • "Debbie Hersman brings a wealth of knowledge and experience to our board," said John W. Gibson, ONE Gas chairman.
  • "It's a pleasure to welcome a new member to the ONE Gas Board of Directors at the conclusion of a successful director selection process," said Eduardo A. Rodriguez, chairman of the corporate governance committee.
  • She currently serves on the board of directors of NiSource Inc., an electric and gas utility.

ETQ Announces Winner and Finalists of 2023 Innovation Excellence Awards, Showcases Ingenuity in Quality Management System

Retrieved on: 
Monday, June 19, 2023

BURLINGTON, Mass., June 19, 2023 /PRNewswire/ -- ETQ, part of Hexagon, the leading quality management system (QMS) provider, today announced the 2023 winner and finalists for its annual ETQ Innovation Excellence Awards. ETQ customer, Trane Technologies, was selected for the winning project submission, followed closely by submissions from finalists Varian Medical Systems and Nutrien.

Key Points: 
  • BURLINGTON, Mass., June 19, 2023 /PRNewswire/ -- ETQ, part of Hexagon, the leading quality management system (QMS) provider, today announced the 2023 winner and finalists for its annual ETQ Innovation Excellence Awards.
  • ETQ customer, Trane Technologies, was selected for the winning project submission, followed closely by submissions from finalists Varian Medical Systems and Nutrien.
  • The Innovation Excellence Awards were presented during the company's annual Quality Vision customer conference, which took place live at Caesars Forum in Las Vegas last week.
  • Customers are not only driving value from ETQ Reliance today, but they constantly explore how they can improve future business results.

ETQ Announces Winner and Finalists of 2023 Innovation Excellence Awards, Showcases Ingenuity in Quality Management System

Retrieved on: 
Monday, June 19, 2023

BURLINGTON, Mass., June 19, 2023 /PRNewswire/ -- ETQ, part of Hexagon, the leading quality management system (QMS) provider, today announced the 2023 winner and finalists for its annual ETQ Innovation Excellence Awards. ETQ customer, Trane Technologies, was selected for the winning project submission, followed closely by submissions from finalists Varian Medical Systems and Nutrien.

Key Points: 
  • BURLINGTON, Mass., June 19, 2023 /PRNewswire/ -- ETQ, part of Hexagon, the leading quality management system (QMS) provider, today announced the 2023 winner and finalists for its annual ETQ Innovation Excellence Awards.
  • ETQ customer, Trane Technologies, was selected for the winning project submission, followed closely by submissions from finalists Varian Medical Systems and Nutrien.
  • The Innovation Excellence Awards were presented during the company's annual Quality Vision customer conference, which took place live at Caesars Forum in Las Vegas last week.
  • Customers are not only driving value from ETQ Reliance today, but they constantly explore how they can improve future business results.