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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, 1999

Commission Keeps Tolling Power

Legislation to limit the Highway Commission’s authority to place toll booths on Interstates failed in committee.

February 5, 1999

Qualcomm 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, 1999

Goodyear, Sumitomo Join Forces

Goodyear Tire & Rubber Co. and Japan’s Sumitomo Rubber Industries announced a global alliance.

February 5, 1999

Federal 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, 1999

Car 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, 1999

Did 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, 1999

Truckers 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, 1999

Kansas Legislators Unveil Plan

The chairman and vice chairman of the Kansas House Transportation Committee have drafted their own transportation plan.

February 5, 1999