U.S. funds get tougher on climate and diversity, but not CEO pay

U.S. funds get tougher on climate and diversity, but not CEO pay

U.S. funds get tougher on climate and diversity, but not CEO pay

Even as top U.S. asset managers BlackRock Inc and State Street Corp pressed companies on climate and diversity issues this year, they made few waves on another area of corporate governance: CEO pay. Researcher Proxy Insight estimates BlackRock supported management in advisory "Say on Pay" votes at S&P 500 companies 97 percent of the time during the proxy season ended June 30, one percentage point lower than in the previous year, based on a review of voting tallies by eight outside funds that are voted by BlackRock. Funds voted by a unit of State Street supported executive pay 94 percent of the time this year, also one percentage point lower than in the previous season, based on a similar review of early tallies.


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Schneider: More than half of tractor fleet now has automated transmissions

Both veteran and rookie drivers prefer the new transmissions, according to the company. National truckload carrier Schneider recently passed the halfway mark in its fleet-wide implementation of automated transmission trucks, replacing trucks with manual transmissions. The company said doing so has also transformed drivers it brings into its ranks, with the influx of new, easier-to-operate tractors opening the door for those considering a career in truck driving.

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Thin-Walled Fuel Tanks Feed Another Fiery Truck Wreck

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Rig drifts out of its lane and heads toward a concrete barrier. Driver might have passed out from a "medical emergency." Images: Tom Berg, from TV newscasts

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Rig drifts out of its lane and heads toward a concrete barrier. Driver might have passed out from a "medical emergency." Images: Tom Berg, from TV newscasts

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It was such a spectacular wreck it made all three of the major networks' evening newscasts: That semi plowing into a concrete barrier in Kansas City, Kansas, on Wednesday, tearing apart the tractor whose fuel ignited shortly after impact.

Incredibly, the driver suffered only minor injuries. He and his dog were pulled from the wreckage by motorists. Authorities think he may have suffered a “medical emergency” and perhaps passed out, which is why he veered out of the travel lane.

CBS and NBC carried video from a surveillance camera that shows the rig drifting off the outside lane and hitting the massive concrete structure. Footage shot from the ground shows the tractor, twisted nearly 90 degrees and its hood missing, with a stream of fire engulfing much of the tractor's rear.

ABC News' anchor, David Muir, called it a “tanker explosion” as he read the introduction to the video, but the trailer was an empty lowboy. Why did he, or whoever wrote the script, think it was a tanker? No doubt because of the fire, evidently fed by diesel fuel from one or more of the tractor's saddle tanks. You can see fuel spewing upward in a yellow cloud as the tractor hits the concrete.

Saddle tanks will burst in impacts, and are often torn open if a truck just runs off a road and into a ditch. The result of ditching is an expensive hazmat cleanup, if not a fire.

Why aren't fuel tanks made to survive at least the ditch accidents? Because they'd be more expensive and weigh more, and this is something rarely discussed at industry meetings. When I ask fleet managers ...Read the rest of this story

Truck-Lite Offers Trailer Telematics Through Road Ready

Truck-Lite has released product for the Road Ready trailer monitoring and communication designed for trailer telematics.

The Road Ready system can create a “smart” trailer through the solar-powered Master Control Unit. The MCU features a military grade solar panel and 10-year, quick-charging battery. It monitors and transmits data from the customizable Road Ready sensors through a user interface, all without requiring power from a tractor.

"What sets Road Ready apart from any other system is its ability to monitor all trailer components while being untethered," said Rob Richard, vice president and general manager of Road Ready. "Installation is quick, with no holes to drill or wires to run, and fleets can determine whether a trailer is ready for dispatch without needing to hook it to a power unit - saving valuable time and, ultimately, money."

The Road Ready system offers a variety of wireless, peel-and-stick sensors that communicate with the MCU, relaying data regarding tire pressure; LED light-out detection; antilock brake systems; unauthorized door openings; cargo fill/movement detection; cargo temperature; trailer arrival and departure notifications; and GPS with different MCU reporting capabilities such as geo-fencing, motion sensing, panic or scheduled reporting, and Hypertracking.

In addition to reporting up-to-the-minute alerts from crucial areas of road-readiness, the Road Ready system can improve an organization's efficiency by expediting the pre-trip inspection process. Road Ready communicates key data points to the dashboard, even when a trailer is sitting in a yard. As a result, fleets can confidently dispatch trailers they know to be free of issues, ensuring driver safety and more uptime while avoiding costly CSA violations.

Event-based data is reported in real time to a desktop dashboard from a completely untethered control unit. With several available sensor options, the Road Ready system can be customized for any fleet solution, according to Truck-Lite - even those with alternative trailer ...Read the rest of this story

Gold near flat after surging to nine-month high on geopolitical worries

NEW YORK/JOHANNESBURG (Reuters) - Gold prices were little changed after jumping to their highest in more than nine months on Friday as the dollar retreated on political uncertainty in the United States and a suspected Islamist militant attack in Spain boosted bullion's safe-haven appeal. Spot gold touched its highest since Nov. 9 at $1,300.80 per ounce, and was up 0.03 percent at $1,287.95 an ounce by 3:20 p.m. EDT (1920 GMT). Pressuring gold, however, was the latest high-level shake up at the White House.


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