Sat Dec 26 2009
They just fail to plan, so goes the axiom in the life insurance industry.
Arrow Trucking of Tulsa OK apparently did both, Arrow cancelled the gas credit credit cards of its truck drivers this past Tuesday.This left drivers stranded across the country. Worse, drivers received bus tickets to get home
As the article says, a company with hundreds of trucks would normally have a planned bankruptcy. It sounds as though the company delayed making a decision until there was literally nothing left. We study budgets and planning in cost accounting. This is a tragedy for Arrow, and even more so for its employees.
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