Article: TRISM, Inc. Adjusts Outlook For Remainder Of 1997; Announces New Executive Vice President Roles

KENNESAW, Ga., Sept. 22 /PRNewswire/ -- TRISM, Inc. (Nasdaq/NM:TRSM) today announced that it expects to report lower than anticipated net income for the third and fourth quarters of 1997. The Company stated that the change in outlook was primarily as a result of lower asset utilization. TRISM has experienced an increase in driver turnover resulting in a shortage of drivers. It also has experienced more competitive markets at its Secured and Heavy Haul operations. Consequently, the Company believes that its net income for the third quarter ending September 30, 1997 will be below the $0.11 per share reported in the comparable period of 1996.

Additionally, ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!