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More Money for Roads, But . . .
The proposed DOT budget for the next fiscal year calls for more highway spending but allocates most of a $1.5 billion windfall in motor fuel tax revenue to non-road spending.
February 5, 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.
Trucking Safety Debate Is Set
TT PhotoThe congressional debate over motor carrier safety is heating up, with the announcement Wednesday for a series of hearings on the subject. Ground Transportation Subcommittee Chairman Tom Petri (R-Wis.) (pictured) said the hearings "will take a comprehensive and hard look at motor carrier safety."
February 5, 1999Commission Keeps Tolling Power
Legislation to limit the Highway Commission’s authority to place toll booths on Interstates failed in committee.
February 5, 1999Qualcomm Cuts Payroll by 700
Qualcomm Inc. announced it is cutting 700 jobs, or about 6% of its workforce, in response to slow sales and increased competition.
February 5, 1999Goodyear, Sumitomo Join Forces
Goodyear Tire & Rubber Co. and Japan’s Sumitomo Rubber Industries announced a global alliance.
February 5, 1999Federal Express, Strong in the Air, Makes Inroads on Ground Freight
TT PhotoFedEx is absolutely, positively in the freight business. Any doubt about the express carrier’s intent to compete head-on with less-than-truckload and air freight carriers was quickly dispelled during a recent interview with Kenneth A. May, its senior vice president of Air, Ground and Freight Services.
February 5, 1999Car Haul Negotiations Begin
Representatives of car haulers and the Teamsters union exchanged contract proposals Feb. 5, kicking off negotiations on terms of a new National Master Automobile Transporters Agreement.
February 5, 1999Did Fiat Make Bid For Volvo?
In the aftermath of AB Volvo’s agreement to sell its car division to Ford Motor Co., a semantic argument has erupted over a rival $13 billion bid for all of Volvo by Italian car and truckmaker Fiat.
February 5, 1999Truckers Sentenced in Fraud Case
The owners of a Lamar company and two employees have been sentenced in federal court for conspiracy to commit fraud.
February 5, 1999Kansas Legislators Unveil Plan
The chairman and vice chairman of the Kansas House Transportation Committee have drafted their own transportation plan.
February 5, 1999