Word: fleet
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Dates: during 2000-2009
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...Ghosn is running a little rough these days, it would be understandable. Seven years ago, Nissan was practically scrap metal: it had a fleet of dull cars, a tangled mess of suppliers, unproductive plants and $20 billion in debt. Ghosn was given the job of salvage man after his bosses at Renault bought a controlling stake. Born in Brazil and reared in Lebanon, Ghosn found his way to tire giant Michelin, where he developed his restructuring chops. But he had never run a car company, let alone a Japanese one, and almost everyone bet against him: a foreigner with...
There are other potential negatives. Fares would probably go up on routes where the two airlines now compete. Both need to pull up their socks when it comes to customer service, once a Delta strength and always a US Airways weakness. And integrating the US Airways fleet, which favors European-made Airbus planes, with Delta's all-Boeing operation might be difficult. Also, the combined US Airways--Delta would account for 18% of the market, which competition watchdogs think is too high. But the government, which must approve the merger, gets a vote and presumably could order the merged carrier...
Even by Baghdad standards, it was an incredibly brazen snatch. In broad daylight Tuesday morning, armed men wearing police-commando uniforms kidnapped more than 100 people from the research directorate of the Ministry of Higher Education. Eyewitnesses said the kidnappers arrived in a fleet of dozens of trucks with government markings, and took barely 15 minutes to complete what was obviously a carefully planned operation. They rounded up the directorate's employees, then locked all the women in one room before taking away...
Harvard Square might no longer be Fleet, but it will soon be high-speed...
Still, the biggest problem is traffic jams: more than 14,000 ships transit the canal each year, stretching its outdated capacity. And a growing share of that freight can't cross Panama at all. By 2010, the number of post-Panamax vessels in the global commercial fleet is expected to jump 74%, to about 700, and by 2011, they will probably account for half the world's oceangoing commercial-cargo capacity, according to the World Shipping Council in Washington. The expansion design, approved by Panama's Congress last spring, would dig a new approach channel about five miles long just...