December 7, 1999 8:54 AM, EST

A.M. Executive Briefing - Dec. 7

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This Morning's Headlines:

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Professional Transportation Group Ltd., Inc. Announces That Majority Shareholder Sells Entire Interest to Logistics Management, L.L.C.

Consolidated Delivery & Logistics, Inc. and Dispatch Management Services Corp. Announce Discussions Regarding Merger

Truckers Go The Extra Mile for Charity Good Fellows

Truckers Meet; Labor-Code Changes Sought

CSI-MAXIMUS Introduces Suite of Internet-based Fleet Management Enterprise Applications

Transport Logistics Corporation Unites Eaton Real-time Fleet Management System with Transportation Operation

UPS Accelerates Deliveries of Airbus A300 Aircraft

Professional Transportation Group Ltd., Inc. Announces That Majority Shareholder Sells Entire Interest to Logistics Management, L.L.C.

Professional Transportation Group CEO and President Dennis A. Bakal has sold his majority share in the company to Kentucky-based Logistics Management.

Bakal, along with PTG Vice President Linda K. Roberts and Chief Financial Officer Susan P. Dial, will leave PTG's board of directors, to be replaced by Logistics principals Danny L. Pixler and W. Anthony Huff, in addition to Jonathan Pollon. Bakal cited his health troubles and the difficulty of turning PTG around after its deal with Carpet Transport.

Pixler said talks with PTG main credit facility lender SouthTrust Bank "went well, and we believe that we will be able to come to an agreement with SouthTrust that will allow us to more quickly get into PTG's operations. As a result, we intend to terminate PTG's recently announced relationship with Allied Carriers." PR Newswire (12/07/99)

Consolidated Delivery & Logistics, Inc. and Dispatch Management Services Corp. Announce Discussions Regarding Merger

Consolidated Delivery & Logistics and Dispatch Management Services have entered talks on a potential merger. DMS Chairman and CEO H. Steve Swink and CD&L Chairman and CEO Albert W. Van Ness said such a merger would put the combined entity on the road to the top of the same-day delivery business and position the combined entity to provide same-day, time-critical service to the expanding e-commerce industry. Together, the companies have roughly $450 million in yearly revenues. PR Newswire (12/06/99)

Truckers Go The Extra Mile for Charity Good Fellows

Continuing an annual tradition dating back more than twenty years, the Nebraska Trucking Association raised money for charity via an auction and raffle at the association's holiday party. The $18,632 raised will be divided among the Omaha World-Herald Good Fellows program, the Lincoln Food Bank, and three local Habitat for Humanity organizations around the state. Omaha World-Herald (12/06/99) P. 1; Morton, Joseph

Truckers Meet; Labor-Code Changes Sought

The Confederation of National Trade Unions again urged that Quebec let truck drivers unionize and that trucker-related labor rules at the federal and provincial level be harmonized. The CNTU's call came as the provincial government-ordered meetings about trucking came to a close. A proposal to the Labor and Transport ministers will be forthcoming from representatives from the meetings.

Unlike truckers who operate only within the province, truckers who operate across provincial lines come under the purview of federal labor rules, under which independents have more ability to unionize. Montreal Gazette (12/06/99) P. A9

CSI-MAXIMUS Introduces Suite of Internet-based Fleet Management Enterprise Applications

CSI-MAXIMUS has debuted its FEAi fleet-enterprise software suite, which can be used on the Internet or company intranet.

Company President Jim Paulits said FEAi "will let our customers achieve significant cost reductions while maintaining peak system performance levels ...[and] gives fleet departments new, cost-effective options to extend automation into other areas of their operation." The new suite is also designed to work with such enterprise resource planning applications as SAP financials, Oracle financials, and PeopleSoft financials.

CSI-MAXIMUS has won an Application Service Provider contract from the fleet-maintenance company VehiCare, in which CSI-MAXIMUS will supply hosting service, the FEAi suite, and software upgrades and maintenance to VehiCare. Business Wire (12/06/99)

Transport Logistics Corporation Unites Eaton Real-time Fleet Management System with Transportation Operation

Following a comparison of various logistics technology, the northeastern dedicated carrier Transport Logistics Corp. selected the Eaton logistics system Fleet Advisor to improve its operations.

"Fleet Advisor has the ability to impact our bottom line and to positively influence our logistics process," said Mike Bonsignore, Transport Logistics vice president. Business Wire (12/06/99)

UPS Accelerates Deliveries of Airbus A300 Aircraft

UPS has reached a deal with Airbus Industrie to speed up delivery of A300-600 freighters due to substantial gains in UPS' domestic and international air-express business.

In the third quarter, UPS announced a 14.6% year-over-year increase in average daily volume for Next Day Air and a 12% growth in average daily 2nd Day and 3 Day Select volume. Also in the third quarter, the company saw a 22.1% rise in international export volume.

A total of seven aircraft will be delivered to UPS between July and December 2000, with an additional 23 by June of 2004. PR Newswire (12/06/99)