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A.M. Executive Briefing - Mar. 17

In the news this morning: Standard & Poor's upgrades Arkansas Best's credit rating; New York's Maher Terminals extend gate times; and Illinois CDL scandal fallout continues with 2 states revoking licenses.

March 17, 2000

Trucking Protesters Courted by Two Groups

Fewer than 150 truckers pulled into Washington, D.C., March 16, to protest a number of ills plaguing owner-operators. And when they arrived, they found two groups engaged in a cat fight to represent them.

March 16, 2000

Heartland Express Boosts Driver Pay

Truckers for Heartland Express will soon be enjoying about a 2-cent-a-mile increase in pay when the Coralville, Iowa-based truckload carrier institutes pay raises March 18.

March 16, 2000

UPS Stock Buyback Nets 69.3M Shares

United Parcel Service鈥檚 tender offer to buy back as many as 100.9 million shares of restricted stock fell well short of that number, netting only 69.3 million shares.

March 16, 2000

P.M. Executive Briefing - Mar. 16

This afternoon's headlines: Peterbilt cuts production because of gas prices; Government takes delivery of bulletproof rigs to haul nuclear weapons; and Illinois town board votes to oppose planned Union Pacific railport.

March 16, 2000

Pa. Denies DAC Access to Driver Records

Trucking companies that hire Pennsylvanians are having to resort to unusual means to conduct pre-employment screening since the state revoked access to the state鈥檚 driver records for background-check provider DAC Services.

March 16, 2000

A.M. Executive Briefing - Mar. 16

In the news this morning: OOIDA pushes for mandatory fuel surcharge for owner-operators; Houston truckers to boycott container yards; and SYSCO picks N. Calif. site for distribution center.

March 15, 2000
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Diesel Hits Record High As Crude, Gasoline Surge

Ten-year highs for crude oil propelled diesel fuel prices to the highest on record, surpassing levels established in 1990 during Iraq鈥檚 invasion of Kuwait.

March 15, 2000
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TMC Concerns Over ATA Plan Seen Lessening

Ken Johnson, whose term as chairman of The Maintenance Council ended last week, vowed to 鈥減reserve the mission鈥 of TMC in the face of concerns that integration with American Trucking Associations could have a negative effect on the close-knit council.

March 15, 2000
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UPS Asks 2-Year Ban on New Rail Mergers

United Parcel Service, the nation鈥檚 largest trucking company and the largest railroad freight customer, urged the Surface Transportation Board to impose a two-year moratorium on further rail mergers.

March 15, 2000

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