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States Face New Terms for Funds
The federal program that provides a majority of the funding for roadside truck and driver inspections may be getting a tune up to hold states more accountable for results.
March 22, 1999Seth Clevenger and Mike Senatore dive into the Transport Topics Top 100 list of the largest logistics companies. They address trade challenges, mergers, sector trends and more.
FedEx Scores Hockey Deal
Federal Express Corp. of Memphis, Tenn., has entered a multiyear sponsorship agreement with the National Hockey League, the National Hockey Players’ Assocation and USA Hockey.
March 22, 1999Diesel Fuel Price Hits 15-Week High
TT File PhotoThe price of diesel rose sharply this week in the wholesale and retail markets, and analysts expect them to continue rising from some of the lowest levels since 1994. The $1 for a gallon of self-service diesel is a 15-week high, according to the Energy Information Administration.
March 19, 1999U.S. Says Hoffa Should Take Office
The Justice Department said it believes James P. Hoffa should be installed as president of the Teamsters union, despite an opponent’s court challenge of his election victory.
March 19, 1999Britain’s ‘Soul-Destroying’ Fuel Tax
After seven diesel fuel tax increases in six years, Britain’s small trucking companies and owner-operators “are just giving up,†said Peter Knight, owner of Les Knight Transport.
March 19, 1999FDX Reports Increased Earnings
The parent company of Federal Express Corp. posted better-than-expected profits despite spending $90 million to prepare for a strike that was averted. FDX also announced a 2-for-1 stock split.
March 19, 1999CSX to Break Up Sea-Land Service
CSX Corp. said it will break up Sea-Land Service, its container shipping subsidiary, into three separate businesses beginning in June.
March 19, 1999Renault, Nissan Discuss Alliance
Less than a week after DaimlerChrysler broke off talks with Nissan Motor Co., French car and truck builder Renault is negotiating with the Japanese manufacturer.
March 19, 1999Stowaway Smuggling Is Big Business
Freight Transport Assn. PhotoTruck drivers may soon face a hard blow to their wallets under a British proposal to stem the tide of illegal immigrants flooding the island nation, mostly from Eastern Europe.
March 18, 1999TCA Approves Strategic Plan, Sets Course to ATA Merger Vote
The Truckload Carriers Association approved a new strategic plan Wednesday that refocuses the 61-year-trade group on education and training.
March 18, 1999