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Trucking Technology Report - Feb. 9

Nortel Test a Cell-Loc Boon; AT&T Breakup Plan Is Opposed by AFL-CIO and Employee Union; Acquisition of VoiceStream Wireless Delayed; Nokia, Ericsson and Motorola Form Location Interoperability Forum

February 9, 2001

Executive Briefing - Feb. 9

Today's Headlines: Delphi Idling 3,700 Next Week; Lechters Closing 166 Stores; Motorola Slashing 4,000 Jobs; Warehouses May Be New Insurance Market; Pa. Cracks Down on Trucks on I-80 and more to come...

February 8, 2001

Ohio Company To Buy Kenan For $84 Million

Advantage Management Group, an Ohio-based holding company with trucking and logistics assets, will buy tank truck carrier Kenan Transport Co. for about $84 million in cash, creating one of the nation’s largest bulk haulers of petroleum products, operating in 35 states.

February 8, 2001

N.J. Truckers Vow to Fight Port Authority Toll Increases

New Jersey truckers will fight a compromise toll hike approved by the Port Authority of New York and New Jersey for bridges and tunnels entering New York City from New Jersey even though the increase is not as great as originally proposed.

February 8, 2001

Dunn Resubmits Bill To Repeal Estate Tax

WASHINGTON — Hoping for a better reception at the Bush White House than she got from the Clinton administration, Rep. Jennifer Dunn (R-Wash.) last week reintroduced her bill to repeal the estate tax.

February 8, 2001

Survey Links Fatigue to Scheduling

The Federal Motor Carrier Safety Administration unveiled results from a four-year survey on how carrier scheduling affects driver fatigue, drawing a clear line between management practices and drivers’ perceptions of fatigue.

February 8, 2001

Private Truck Group Selects Mover Executive As Its New President

The National Private Truck Council named former National Moving and Storage Association chief executive Gary Frank Petty as its new president.

February 8, 2001

Driver Pay Rose 15%

The typical truck driver earned an average of $40,883 in salary in 2000 — up more than $5,400, or 15.3%, from three years ago — according to a study released last week by American Trucking Associations. In addition to salary, the typical driver was also eligible for three bonuses and a menu of fringe benefits.

February 8, 2001