Word: overheads
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...caught in the middle of federal deregulation of its industry. Since November 1982, intercity bus lines have found it far easier to go where they want and charge what they can, within a "zone of rate freedom" established by the Interstate Commerce Commission. Small regional carriers with lower overhead are now doing battle with
Greyhound Chairman John Teets has been urgently trying to cut overhead. In a well-publicized statement last month, he warned, "We have the highest-paid employees in the bus transportation business. We need-no, we must have-parity with other carriers." Greyhound claims its drivers make an average of $27,437 plus $8,037 in benefits, compared with $22,985 and $5,600 in benefits for drivers at the company's major competitors...
...talking about a clear example of the 'economics of unused capacity'," he said. "Extension classes are taught in regular university buildings which stay open whether or not evening classes are scheduled." The additional physical overhead costs to the University are close to zero, he added...
While the Ride for Life has not announced charities it plans to support. Agoiardo said he favors a continuation with Oxfam America because of their value as an "apolitical, low-overhead group which gets to the root of the problem in Third World nations," instead of providing only short term princess...
...police officer who introduced himself was cool and militarily correct, oblivious to the din of warcraft overhead. He addressed us in the functionary protocol of any customs officer. "We must be careful about infiltrators between the lines," he said, inspecting our passports. We attempted to respond with the same kind of proper formality, requesting permission to report on the events in Grenada. There was no shortage of those...