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Fuel Tax Hikes Looming in 4 States
One cash-strapped state has passed a measure to increase its fuel tax, and at least three others are considering similar laws to aid their highway funding woes. The Maine Legislature approved a 3-cent fuel tax increase and a $2 vehicle registration fee hike on June 5. Kentucky, Oregon and Virginia are considering raising pump prices 鈥 one of the most significant expenses for trucking companies.
June 23, 1999Schneider Makes Billionaire List
Donald J. Schneider, president of Schneider National, made it onto Forbes magazine's 1999 list of the world's richest people. He is listed as having a net worth of $1.0 billion, coming in at number 458 on a list of 465.
June 23, 1999UPS Shaves Costs With DIAD III Radio
United Parcel Service has established a land-based radio system that provides customers real-time tracking information in a way that cuts the package carrier鈥檚 cellular network costs. UPS worked with Motorola Corp. to develop and deploy the system, known as DIAD III, at a cost of $100 million. It is being used in 13 metropolitan areas, the carrier said.
June 23, 1999Canadians Threaten Tax Reprisal
The Canadian Trucking Alliance said if Michigan and other states don鈥檛 abandon plans to impose business taxes on foreign truckers, the association might seek similar levies on U.S. drivers who cross the border.
June 23, 1999TCA Keeps Spotlight On Business
The focus was squarely on the bottom line at the first full board meeting of the Truckload Carriers Association since it opted to focus resources on 鈥渕anagement issues鈥 and leave policy advocacy to American Trucking Associations.
June 23, 1999Truckload Academy Starts To Take Shape
The vision of the Truckload Academy started to take shape during an organizational meeting of 50 carriers, suppliers and educators held June 15 by the Truckload Carriers Association. TCA staff outlined a draft curriculum and described ways to deliver education and training programs to trucking personnel, ranging from drivers to chief executives.
June 23, 1999Supreme Court Limits ADA Lawsuits
It will be harder for disabled people to sue employers for discrimination under the Americans With Disabilities Act, now that the U.S. Supreme Court has seriously limited the law's reach in a trio of trucking-related cases.
June 22, 1999TransFinancial Management Seeks $17M Shareholder Buyout
The chairman, vice-chairman and president of TransFinancial Holdings have proposed a buyout of all of the outstanding stock in the company for $5.25 a share, or about $17 million.
June 22, 1999Hours 'Reg-Neg' Seen As Unlikely
Prospects for reforming driver hours by general consensus withered when the Transportation Department released a report June 10 that recommended against trying to bring interested parties around the table to work out a new regulation.
June 22, 1999ATA to Form Size, Weight Panel
ARLINGTON, Va. 鈥 American Trucking Associations doesn鈥檛 plan to actively lobby for passage of legislation allowing states to increase maximum truck weights to 97,000 pounds.
June 22, 1999