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.

Daniel P. Bearth | Staff Writer
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.

Daniel P. Bearth | Staff Writer
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.

Daniel P. Bearth | Staff Writer
July 16, 1999
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Analyst: Trucking Stocks Were Driven Down by Their Own History

Why are today’s trucking stocks priced so low? One analyst says they are paying for the failed expectations of the mid-90s, perhaps undeservedly. But he indicated that conditions may be right for them to soar again.

Daniel P. Bearth | Staff Writer
July 14, 1999

Truck Stocks May Make Comeback

Trucking stocks have been pummeled as investors migrate to less-volatile industries. But one investment analyst said conditions may be right for them to soar again.

Daniel P. Bearth | Staff Writer
July 14, 1999

Yellow Reinstates Fuel Surcharge

Yellow Freight System, one of the nation's largest general freight carriers, said it will reinstate its diesel fuel surcharge July 14 to offset rising fuel prices.

Daniel P. Bearth | Staff Writer
July 13, 1999
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NAFC Gets Rosy Economic Forecast

Trucking’s top financial executives heard some encouraging words at the National Accounting & Finance Council’s Management Conference and Exhibit Forum June 27 to 29, as one economist predicted that the best is yet to come for the U.S. economy.

Daniel P. Bearth | Staff Writer
July 7, 1999
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Package Services Boost FDX Profits

Memphis, Tenn.-based holding company FDX Corp. said profits increased 26% in the fiscal year that ended May 31 thanks to good performances by its air freight carrier Federal Express and ground package carrier RPS Inc.

Daniel P. Bearth | Staff Writer
July 7, 1999

NAFC Hears Rosy Economic Forecast

Trucking’s top financial executives heard some encouraging words at the National Accounting & Finance Council’s Management Conference and Exhibit Forum June 27 to 29, as one economist predicted that the best is yet to come for the U.S. economy.

Daniel P. Bearth | Staff Writer
July 7, 1999

Bulk Carriers Form Alliance

A group of five tank truck carriers will begin a collaborative effort to exchange loads and share tank cleaning facilities on July 7. The pooling arrangement by the Alliance of Bulktruck Carriers was recently approved by the Surface Transportation Board. Initial operations will be limited to shipments from five states.

Daniel P. Bearth | Staff Writer
July 6, 1999