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TCA Benchmarking Gets Justice Approval
Truckload carriers will launch a joint effort cut costs and improve service through a benchmarking project after receiving approval from the Department of Justice to share certain business information.
April 5, 2001Market Prompts Transport Firms to Delay IPO
The sagging stock market and the weak economy have caused two privately held transportation companies to delay plans to offer common stock to the public.
April 5, 2001Distributor Supervalu to Cut Jobs, Close Facilities
Supervalu Inc., a large U.S. food distributor and retailer, said it would cut about 4,500 jobs and close or downsize some distribution operations after losing a contract with giant retailer Kmart Corp., news services reported.
April 5, 2001Visteon Cutting 1,800 Jobs
Visteon, the third-largest maker of vehicle parts, said it plans to immediately eliminate about 1,800 jobs worldwide..
April 5, 2001Executive Briefing - April 5
Dutch Truck Driver Jailed for Manslaughter; Comair Cancels Flights Through April 13; March U.S. Layoffs Surged; MAN's Profit to Fall on Higher Truck Costs; and more...
April 5, 2001Trucking Technology Report - April 5
SBC Plans Long-Distance Service in Missouri; Cell Phone Dispute Puts Customers on Hold; Alcatel Not Fully Committed to Handset
April 5, 2001Battered Carriers Face Additional Challenges
Surviving 2000 was a praiseworthy feat for a truckload carrier, but companies that have made it this far cannot coast through the year.
April 4, 2001Customs Adds Gamma Ray 'Eyes' at Mexican Border
The Customs Service said it is beefing up its cargo inspection technology capabilities by spending $15.2 million for 16 additional mobile gamma-ray systems to be deployed mostly along the U.S.-Mexico border.
April 4, 2001Executive Briefing - April 4
BNSF Takes Actions to Cope With Slowdown; Competitors Petition Justice on FedEx-USPS Deal; Daimler Aims at Asian Trucks in Mitsubishi Play; U.S. Postal Service May End Saturday Delivery; and more...
April 4, 2001U.S. House Votes to Phase Out Estate Taxes
The U.S. House of Representatives on Wednesday approved a bill that would phase out estate taxes by 2011, at a cost of $192 billion. The bill is part of President Bush’s $1.6 trillion tax cut package, and passed by a vote of 274 to 154.
April 4, 2001