A.M. Executive Briefing - Aug. 9

Firestone Will Recall Tires; Shares in Bridgestone Drop

The recall, which will be concentrated in the southern states, comes after mounting consumer complaints over possible defects in the tires. Several incidents have been reported of treads peeling off the tires and investigators are looking at possible links to 46 road fatalities, the article said.

CBS MarketWatch.com also reported Wednesday that shares in Japan-based Bridgestone Corp., Firestone's parent company and also a maker of commercial truck tires, fell 8.2% after news of the recall. Transport Topics

Conoco Will Supply American Petroleum Exchange

The American Petroleum Exchange will allow its customers to post fuel needs on-line and suppliers to bid their services. United Parcel Service announced Monday it looks to purchase 90 million gallons of fuel from the on-line service. Transport Topics

Maine Trucking Company Fined, Shut Down For Falsified Driver Logs

The Associated Press reported the trucking company, which had served Maine's seafood industry for 40 years, had stopped operations on July 22 and was liquidating its assets.

The discrepancies were found when authorities compared the driver logs with toll tickets, fuel receipts, dispatch records, shipping documents and payroll records. Ameri-Cana Transport's attorney told AP the company paid drivers per trip and ignored the falsified logs. Transport Topics

Con-Way Transportation Will Add To E-Commerce Offerings

Registered shippers can now receive shipment price quotes on-line, and other users can access two new business summary reports, the company said.

Con-Way's site was recently named the top less-than-truckload carrier e-commerce site in a Morgan Stanley Dean Witter survey of shippers. Transport Topics

County Officials In Colorado Put 20-Year Hold On Beltway Project

Rather than complete the Colorado 470 loop by completing the connection between the eastern and western sections in Jefferson County, officials voted to expand several streets and another state route in the county and to reserve the right of way for those roads and another state route for future considerations, the article said.

The Colorado Department of Transportation supports a freeway linking Colorado 470 to the Northwest Parkway, which will be completed in 2003, the AP said. Transport Topics

WorldTrans Inc., iubeo.net Ally To Create Supply Chain Solutions

Through the Internet, WorldTrans and iubeo.net will provide access to the Asian and Mexican supply chain for custom-built products including transformers and cable assemblies. WorldTrans will then handle the shipping and any necessary warehousing, the company said. Transport Topics

Hendrickson Named PNV Chief Operating Officer

Hendrickson will manage PNV's network-based services, fleet and retail sales, industry relations and overall service quality initiatives, the company said. He takes over for Steve Conkling, who recently retired.

"Jeff has a solid track record of managing successful, multifaceted product and service organizations. He brings with him sophisticated management skills and a keen sense for understanding site-based accountability and profitability. He's focused, experienced, a sharp analyst and the ideal person to manage the company's day-to-day operations today and well into the future," said PNV President and CEO Bob May. Transport Topics