Travelers Transportation Services
The firm, a Dow Jones Industrial AverageDJI component, is the first main insurer to report outcomes and is seen as a bellwether for the trade.
The firm stated it might lower 450 jobs and take a related restructuring cost of about $16 million, of which $10 million could be incurred within the present quarter. All of our vehicles are geared up with satellite monitoring and E-logs, and dispatching is stored organized via TMW and EDI providers. It filed for bankruptcy safety in 1982 below the load of asbestos litigation, and settled numerous claims in 1986. Johns-Manville emerged from Chapter 11 in 1988. Alan Schnitzer, chief govt of the Travelers’ business and worldwide insurance, the company’s largest phase, will take over from Fishman, efficient Dec. 1. Schnitzer, forty nine, has been with Travelers since 2007.
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Originally house to a number of Indian tribes, including the Catawba, the Creek, and the Cherokee, Travelers Rest gained notoriety as a stopover for weary travelers and livestock drovers. Travelers Rest boasts a colourful historical past courting again to America’s early years.