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US companies cut back on travel

US COMPANIES are cutting back on staff travel a new study
has found.

The National Business Travel Association surveyed 200
companies and found 68% have reduced staff travel because of the economic
slow-down in the US and the large costs involved.

The survey also found 60% of companies have tried forming
relationships with air and hotel suppliers to reduce costs and 49% will
institute restrictive travel policies until the end of the year if not longer.

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