| Business Summary | | United
Road
Services,
Inc.
provides
automobile
transport
and
motor
vehicle
and
equipment
towing
and
recovery
services.
As
of
December
31,
2000,
the
Company
operated
a
network
of
15
transport
divisions
and
20
towing
and
recovery
divisions
located
in
a
total
of
20
states.
The
Company's
transport
customers
include
commercial
entities,
such
as
automobile
leasing
companies,
insurance
companies,
automobile
manufacturers,
automobile
auction
companies
and
automobile
dealers,
and
individual
motorists.
The
Company's
towing
and
recovery
customers
include
commercial
entities,
such
as
automobile
leasing
companies,
insurance
companies,
automobile
dealers,
repair
shops
and
fleet
operators,
municipalities,
law
enforcement
agencies
such
as
police,
sheriff
and
highway
patrol
departments,
and
individual
motorists. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | URSI
is
a
national
provider
of
automobile
transport
services
and
a
regional
provider
of
motor
vehicle
and
equipment
towing
and
recovery
services.
For
the
six
months
ended
6/30/01,
revenues
decreased
9%
to
$116.7
million.
Net
loss
decreased
95%
to
$7.5
million.
Revenues
reflect
the
closure
of
two
transport
divisions
and
lower
demand
for
new
and
used
vehicle
transport
services.
Lower
loss
reflects
the
absence
of
a
$129.7
million
impairment
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Michael Psaros, 33 Chairman | -- | Gerald Riordan, 52 CEO,
Sec., Director | $920K | Patrick Fodale CFO | -- | Harlod Borhauer, 52 Pres
of the Towing and Recovery Bus. Unit | 197K | Michael Wysocki, 47 Pres
of the Transport Bus. Unit | 242K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|