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A.M. Executive Briefing - July 19
This morning's top headlines: Insurance rates may be firming in some specialty classes; Diesel-ethanol fuel cleans up in early tests; and CSX is in talks to sell some operations.
July 19, 1999Simon Lays Off 140 Workers
Simon Transportation Services, Salt Lake City, laid off 140 workers July 16 to reduce its nondriver workforce by about 25%.
July 19, 1999Rising Diesel Prices Spur Surcharges
For the first time since January 1998, some of the biggest U.S. trucking companies are hitting shippers with rate surcharges, triggered by rising fuel prices.
July 19, 1999P.M. Executive Briefing - July 19
This afternoon's headlines: Yellow reports revenue, net up; Driver appeals for job lost for refusing to use vehicle; and owner operators hit bumpy road in search for independence
July 19, 1999England to Raise Driver Pay Scales
C.R. England Inc. will boost its driver pay scale as much as 30% effective Aug. 1, a move the Utah-based truckload carrier said is part of an effort to attract and retain drivers.
July 16, 1999Iowa Tanklines Expands With Purchase
Iowa Tanklines expanded its fuel hauling business and added a new service to its transportation portfolio with the purchase of assets from Wheeler Transport Service of Omaha, Neb.
July 16, 1999Firms Warn of Lower Earnings
Ryder Systems and Frozen Food Express Industries cautioned investors that second-quarter earnings would be below those for the same period in 1998.
July 16, 1999ATA Opposes New Insurance Rules
Tighter rules on self-insurance aren’t necessary, according to American Trucking Associations, which suggested the agency instead focus on monitoring and enforcement activities.
July 16, 1999Executive Briefing - July 16
Today's headlines from papers across the country: Trucking company builds big terminal in Virginia; Acid spill snarls traffic for hours in California; and Manugistics to go online with NTE.
July 16, 1999Trimac Eyes Expansion into Mexico
rimac Transportation prepared to expand its operations between the United States and Mexico by acquiring an 80% interest in Amer-Liquid Transport of Brownsville, Texas.
July 15, 1999