In this Oct. 3, 2019 file photo, Jennifer Homendy of the National Transportation Safety Board speaks during a news conference in Windsor Locks, Conn. Homendy, the new chairman of the U.S. National Transportation Safety Board, wants to change the way governments and businesses look at highway safety to consider the whole system rather than individual driver behavior. She says, Monday, Sept. 13, 2021, such an approach worked in aviation, where there were no U.S. fatalities last year. (AP Photo/Chris Ehrmann, File)
DETROIT (AP) — The new chairman of the U.S. National Transportation Safety Board wants governments and businesses to change the way they look at highway safety, considering the whole system rather than individual driver behavior.
Jennifer Homendy, nominated by President Joe Biden earlier this year, said such an approach works in aviation, where there were no U.S. fatalities last year. On the roads, there were 38,680 deaths nationwide, the greatest number since 2007. More than 8,700 motor vehicle deaths were reported in the first three months of 2021, up 10.5% from a year earlier. At the same time, vehicle miles traveled declined.
“The current approach, which favors automobiles and punishes only drivers for crashes, is clearly not working,” she said Monday in remarks prepared for a speech to the Governors Highway Safety Association conference in Denver. “If we are going to get to zero, we will have to do something different.”
Homendy used speeding as an example of the “Safe System Approach” to road safety. Rather than focusing solely on drivers, she questioned whether the whole system failed. She asked whether road designs encourage high speeds, or whether “ill-conceived” federal guidance has led to increasing speed limits in states. She also asked about states that take away the ability of local authorities to set lower speed limits and “manufacturers who design vehicles that can exceed 100 miles per hour or that have no speed limiters.”
Speeding-related crashes rose 11% last year, she said, with troopers in her home state of Virginia posting images on social media of tickets to speeding drivers, one for going 115 mph in an area with a 55 mph speed limit.
She told the group of state and territorial highway safety officials that speed limits and laws against impaired driving still have to be enforced. But she said enforcement alone can't make the roads safer.
Homendy called on road designers, public health officials, governors, vehicle makers, transportation providers and communities to share a new vision. “The carnage on our roads has to stop. You know it, and I know it,” she said.
The NTSB investigates road crashes and other transportation incidents, but it has no regulatory authority. The National Highway Traffic Safety Administration regulates vehicles, while the Federal Motor Carrier Safety Administration regulates trucking companies. The Federal Highway Administration is responsible for roadways. 7 Growth Stocks to Buy as the Market Slumps
At times of volatility, it can be hard for even experienced investors to stay the course. Yet over time, stocks have consistently increased in value. And growth stocks tend to be among the ones that show the largest gains. Growth stocks are companies that analysts believe will grow at a rate that is significantly above the market average.
These stocks are also characterized by companies that invest a significant portion of its profits back into its business in order to accelerate growth. This is opposed to value stocks that make returning a portion of its profits to shareholders a priority. This typically occurs in the form of a dividend.
One misconception of growth stocks is that they have a high correlation with the market. It’s true that when the market is moving higher, these stocks tend to outperform. However, when the market is moving lower, these stocks sometimes perform better.
So why should you consider buying growth stocks now? The reason is this. In many cases, the company’s underlying fundamentals are still positive, but the sentiment has changed. And that means it’s a good time to buy these stocks on sale. View the "7 Growth Stocks to Buy as the Market Slumps"