Fleetowner 1632 Trism

Trism undergoes reorganization

July 17, 2001
Truckload carrier Trism Inc. has announced plans to exit the general freight and hazardous waste markets because those areas of service have caused the company to be unprofitable over the last two years. The company said it plans to concentrate on its profitable heavy haul, government munitions, commercial explosives and radioactive waste businesses. As part of this effort, the company has reached
Truckload carrier Trism Inc. has announced plans to exit the general freight and hazardous waste markets because those areas of service have caused the company to be unprofitable over the last two years. The company said it plans to concentrate on its profitable heavy haul, government munitions, commercial explosives and radioactive waste businesses.
As part of this effort, the company has reached agreements with Mercedes-Benz Credit Corp. and its other equipment lenders to reschedule certain equipment payments and to return excess tractors. The company operates a pool of more than 1,300 tractors and over 4,000 trailers throughout North America.

Trism said it also plans to reduce operating costs by selling excess trailers, closing several terminal facilities and eliminating non-driver personnel. Bill Culbertson, Trism’s COO, will be in charge of this downsizing effort, the company said.

About the Author

Sean Kilcarr | Editor in Chief

Sean previously reported and commented on trends affecting the many different strata of the trucking industry. Also be sure to visit Sean's blog Trucks at Work where he offers analysis on a variety of different topics inside the trucking industry.

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