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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, 1999

Simon 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, 1999

Rising 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, 1999

P.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, 1999

England 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, 1999

Iowa 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, 1999

Firms 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, 1999

ATA 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, 1999

Executive 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, 1999

Trimac 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