Next time you think you’re running out of things to worry about, walk through the maintenance shop and check the bolt bins. There are enough potential disasters lurking there to give your corporate legal counsel ulcers.
Atlas World Group expects its 1998 revenue to top $500 million for the first time in the company’s history. Chairman Walter E. Saubert said revenue should increase about 10% over 1997’s $490 million, and profits will exceed $7 million compared with $5.6 million.
European Union truck drivers will be limited to a 48-hour work week if a proposal now being drafted by the European Commission in Brussels becomes law.
With container ships operating at maximum capacity since spring, Pacific Ocean freight rates may go up 20% to 40% in the contract year beginning next May.
Family-owned NFI Industries departed from tradition and appointed William F. English president of its truckload carrier, National Freight, based in Waxahachie, Texas.