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News•February 1, 2000

Management Buys Transportation Technologies

Transportation Technologies Industries has agreed to a management buyout led by chairman/CEO Thomas Begel and president/COO Andrew Weller.

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News•January 31, 2000

NLRB Dismisses Teamster Charge Of Overnite 'Hit List'

Allegations of a company "hit list" against union supporters, widely publicized by the Teamsters Union as the spark for picketing against Overnite Transportation, have been dismissed by the National Labor Relations Board

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News•January 31, 2000

M.S. Carriers Aligns With Puerto Rico To Train Drivers

Memphis-based M.S. Carriers will provide the test site for a strategic alliance with the Puerto Rican government to provide truck drivers for the U. S.

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News•January 31, 2000

Honeywell Buys Hayden Industrial Products

Honeywell's Thermal Systems business has agreed to purchase the assets of Corona, CA, based Hayden Industrial Products LLC. Terms of the deal were not disclosed.

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News•January 31, 2000

Associates Posts Record Earnings

Associates First Capital Corp. reported record earnings for fourth quarter 1999 and the full year.

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News•January 31, 2000

MAN Buys ERF From Western Star

German truck maker MAN has purchased Western Star's British truck subsidiary ERF. MAN will pay 65 million pounds (approximately $108 million US) and assume ERF debts of 23 million pounds ($38 million US).

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News•January 30, 2000

Port Truckers To Rally Today

Independent truckers who haul containers in and out of six eastern ports will rally today to protest skyrocketing diesel prices and demand that their industry adopt a Port Trucker Bill of Rights

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News•January 29, 2000

Yellow Renames Technology Subsidiary

Yellow Corp., Overland Park, KS, has changed the name of its 400-person technology development subsidiary, Yellow Services, to Yellow Technologies Inc.

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News•January 29, 2000

Western Star Posts Record Second Quarter

Kelowna, BC, based Western Star Holdings posted record earnings of $14.5 million (US$10 million) on revenues of $499.2 million (US$345.5 million) for its second fiscal quarter ending December 31. Income for the quarter up 125% from second quarter 1998, revenue was up 9%.

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News•January 28, 2000

Cummins Posts Record Sales And Earnings

Cummins Engine reported fourth quarter 1999 earnings of $70 million on sales of $1.84 billion -- both records. Earnings excluded a pre-tax charge of $60 million for costs associated with the dissolution of its joint venture Wartsila NSD, announced last month.

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