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  September 5, 2001
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Home > Company Index > Transportation > Trucking > Transit Group, Inc.

Transit Group, Inc.
OTC: TRGP
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 PROFILE
"Sic transit gloria mundi" -- all glory is fleeting -- but perhaps the Transit Group can maintain its success for a while longer. An aggressive aggregator of short-, medium-, and long-haul trucking firms, Transit Group has acquired about 20 trucking companies since 1997. Now its 3,600 tractors and 7,100 trailers haul freight in Alabama, Arkansas, Florida, Indiana, Mississippi, Nebraska, New York, North Carolina, and Wisconsin; it also operates in Canada. Transit Group transports general goods, including building materials, clothes, food, tobacco, paper, liquor, and wire. The company also provides logistics services. Chairman and Winn-Dixie food chain heir T. Wayne Davis and his ECD Trust UA own 56% of the firm.

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
1999 Sales (mil.): 355.50
1-Yr. Sales Growth: 104.7%
Employees: 3,100
Revenue per employee: $114,677.42

 KEY PEOPLE
• Philip A. Belyew
    CEO
• James G. Overley
    CFO

 CONTACT INFO
2859 Paces Ferry Rd., Ste. 1740
Atlanta, GA 30339
US
Phone: 770-444-0240
Fax: 770-444-0246
Online: Web Site

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