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  September 5, 2001
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Home > Company Index > Transportation > Trucking > Matlack Systems, Inc.

Matlack Systems, Inc.
OTC: MLKI
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 PROFILE
When it comes to bulk, Matlack Systems has few peers. North America's #3 tank truck company (behind Quality Distribution and Trimac Transportation) provides liquid and dry bulk transportation, primarily for the chemicals industry. The company operates through several subsidiaries. Main subsidiary Matlack, Inc., with a fleet of 745 tractors and almost 2,200 trailers, operates from more than 50 facilities in 30 US states and two Canadian provinces. Other units offer intermodal (truck and rail) service, logistics management, and tank truck and shipping container cleaning. The company has been restructuring by selling its leasing operations and streamlining other operations, and it has filed for bankruptcy protection.

 COMPETITION
Quality Distribution, Inc. (dossier)
Schneider National, Inc. (dossier)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 186.90
1-Yr. Sales Growth: (9.2)%
Employees: 1,530
Revenue per employee: $122,156.86

 KEY PEOPLE
• Michael B. Kinnard
    CEO
• Patrick J. Bagley
    CFO

 CONTACT INFO
1 Rollins Plaza
Wilmington, DE 19803
US
Phone: 302-426-2700
Fax: 302-426-3194
Online: Web Site

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