P.M. Executive Briefing - Dec. 6

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This Afternoon's Headlines:

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  • Law: FDX Corp.
  • Tanker Driver Contains Fuel Explosion
  • Saskatchewan Safety Officers Want Protection
  • Profit Recovery Group Acquires Freight Rate Service Company
  • Flying Parts: More Urgent Freight Now Travels By Air

    Law: FDX Corp.

    Overturning a jury decision, Tennessee state Judge Walter Evans decided FedEx did not break contracts with 10 of its pilots in the acquisition of Flying Tiger Line, according to FDX.

    The pilots said they had been assured seniority over their counterparts from the acquired company, but FedEx said that guarantee was taken out of the deal by legal amendment prior to the acquisition.



    A lawyer representing five of the pilots, Robert L.J. Spence, said he intends to appeal, the Associated Press reported. Wall Street Journal (12/06/99) P. B12


    Tanker Driver Contains Fuel Explosion

    Tampa, Fla., Police Lt. Hugh Miller credited tanker-truck owner-operator Bridget Neumann, 37, with saving her own life and probably others' as well when she quickly went to her truck's shutoff valves after someone in a sport-utility vehicle flicked a cigarette at her while she unloaded gasoline.

    Although she kept the fire out of the fuel lines, her $40,000 truck was ruined by the 500 gallons of leaked gasoline that caught fire Saturday night at the Joy Food Store in Tampa.

    "If it hadn't been for Miss Neumann's quick actions, we would probably have had a catastrophe here," said Tampa Fire Rescue investigator Al Alcala.

    As a single mother with three children, Neumann, who is Tampa-based Imperial Transport's safety officer, is concerned that she has been deprived of her source of income at Christmas time. She said she would immediately take up any offer of a company truck.

    Area residents helped evacuate eight homes as firefighters put out the blaze. Police are seeking the perpetrator or perpetrators for attempted murder and arson. St. Petersburg Times Online (12/06/99) ; Gibson, Linda


    Saskatchewan Safety Officers Want Protection

    Of 42 traffic-safety officers in Saskatchewan, 28 have been given administrative and education reassignments while the province mulls the officers' request that they be allowed to have batons and pepper spray when on duty. It will likely take some weeks to resolve the issue, said communications director Mike Woods of the provincial Highway and Transportation Department. Land Line Magazine Online (12/06/99)


    Profit Recovery Group Acquires Freight Rate Service Company

    In a $3.75 million cash-and-stock deal, the Profit Recovery Group International has bought the freight-auditing concern and consultancy Freight Rate Service Co., which focuses on rail. "PRG now has the ability to audit express, air, ground, ocean, and rail," said PRG Chairman and CEO John Cook, giving customers "a total freight audit solution." PR Newswire (12/06/99)


    Flying Parts: More Urgent Freight Now Travels By Air

    Aviation firms in Memphis are setting records as more and more companies turn to air freight. Between January and September, Memphis Aviation Services owner Randy Kruger said he saw roughly 1.1 million pounds handled via Wilson Air Center, one of the two local fixed base operators.

    Frequently, when freight being moved by ground starts to fall behind schedule, the truck it is in is sent to Memphis International Airport for air shipment. According to Kruger, much of the volume is supplies and parts that companies are sending to their Mexican and Canadian operations.

    With more aircraft using Memphis International, the airport will have to decide whether to expand the current location as much as possible or construct another location, Kruger said. Memphis Business Journal Online (12/06/99) ; Paulk, Michael

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