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Wabash Targeted in Two Lawsuits

Wabash National Corp. is the target of two class action lawsuits following the company’s disclosure that profits for 1998 would be negatively affected by three special charges.

January 28, 1999

UP Closes Land Deal With Oakland

Union Pacific Railroad sold nearly 125 acres of its land at the Port of Oakland to port authorities for $70 million.

January 28, 1999

Arkansas Gov. Pitches Highway Plan

Arkansas Gov. Mike Huckabee began pitching his interstate repair program Tuesday to state House members, many of whom questioned why they should support it.

January 28, 1999

South Carolina Has $9.4 Billion in Transportation Needs

South Carolina will have $9.4 billion in transportation needs during the next 10 years and officials Wednesday said they will consider a gasoline tax, toll roads and a ser fee as options to foot the bill.

January 28, 1999

Capitol Committees Taking Shape

The new chairman of the Senate Transportation and Infrastructure Committee is former Ohio governor George Voinovich, who supported giving responsibility for the federal highway program to the states.

January 27, 1999

Two Plead Guilty in Fuel Tax Scheme

Two New York men have pleaded guilty to trying to avoid paying more than $77 million in federal motor fuel excise taxes.

January 26, 1999

Volvo Acquires 12.85% of Scania

Volvo has purchased a minority stake in Scania and has started discussions on a merger with the rival Swedish company that would create the world’s second largest heavy truck builder.

January 26, 1999

Company and Its Owner Get Probation for Falsifying Driver's Logs

A Brooklyn Park, Minn. trucking company and its owner were placed on probation in U.S. District Court for falsifying driver’s logs.

January 26, 1999

Cooperation, Technology Marked Reagle Years as Head of OMC

A climate of cooperation and a reliance on technology marked George Reagle’s five years at the helm of the Office of Motor Carriers.

January 26, 1999

CTA Conferees Hear From CRASH

Trucking and highway safety groups should seek to reduce their fighting and find a common ground, according to a board member of Citizens for Reliable and Safe Highways.

January 26, 1999