Atlas Van Lines continues climb to record revenue levels

Consistent growth maintains standing as second largest national van line


March 1, 2005

Media Contacts:
Kristen Burnett, Atlas Van Lines, 800.638.9797 kriburn@atlasworldgroup.com
Paul Whitmore, Hetrick Communications


EVANSVILLE, Ind. — Atlas World Group Chairman and CEO Mike Shaffer reports that the company's largest subsidiary, Atlas Van Lines, Inc., posted record earnings in 2004, maintaining its position as the nation's second largest van line. Sales figures released today for 2004 show an increase of 12 percent or $75 million over 2003. Atlas also re-released sales figures for 2002 and 2003 following a change in reporting method.

"Our strategic marketing and branding efforts and ongoing dedication to customer service during the past several years have clearly paid off when we look at the financial results," Shaffer said. "We're continuing to post record revenue in a fiercely competitive marketplace, and are still on a growth curve following an industry-wide economic downturn several years ago."

Atlas' three-year revenue report:

Year Revenue (millions)
2002 $609.6
2003 $614.0
2004 $689.4


"We're definitely pleased when we look at these sales figures," Shaffer added. "Our recent success is a direct result of our agents' dedication to quality customer service and the consistent growth of our customer base. We expect to see this trend continue as we look for other opportunities to grow our business and our company in the years to come."

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Atlas Van Lines is the largest subsidiary of Atlas World Group, an Evansville, Ind. based company that posted record revenues of $860 million in 2004. Atlas World Group companies employ more than 700 people throughout North America. More than 600 Atlas agents in the United States and Canada specialize in corporate employee relocation and in the transportation of high-value items such as electronics, fine art and new fixtures and furniture. Visit www.atlasworldgroup.com for more information on the company and Atlas agents.

 

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