| Business Summary | | Landair
Corporation,
through
its
operating
subsidiaries,
is
a
truckload
carrier
that
transports
a
wide
range
of
commodities
in
both
intrastate
and
interstate
commerce.
The
Company
provides
dry
van
common
carrier
and
dedicated
contract
carriage
for
shippers
of
a
variety
of
products
in
the
medium-
and
short-haul
markets.
These
products
include
paper
products,
building
products,
textiles,
retail
and
other
consumer
goods,
airfreight,
automotive
parts
and
supplies,
electronics
and
metal
products.
The
preponderance
of
the
Company's
business
involves
providing
specialized
services
to
service-sensitive
shippers
on
both
a
dedicated
and
ad
hoc
basis.
To
improve
service
to
the
differing
requirements
of
customers
at
numerous
shipping
locations,
the
Company
has
terminals
where
over-the-road
tractors
are
based
and
drivers
are
domiciled.
The
Company
utilizes
a
satellite-linked,
computerized
operations
system
to
monitor
and
facilitate
the
movement
of
freight. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Landair
Corp.
is
a
high-service
level
truckload
carrier
that
transports
a
wide
range
of
commodities
in
both
intrastate
and
interstate
commerce.
For
the
six
months
ended
6/30/01,
revenues
fell
15%
to
$56.1
million.
Net
income
totalled
$2.3
million,
up
from
$496
thousand.
Revenues
reflect
a
reduction
in
the
average
number
of
tractors
in
service.
Net
income
reflects
a
reduction
in
purchased
transportation
charges
and
lower
insurance
and
claims
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Scott Niswonger, 53 Chairman
and CEO | $160K | John Tweed, 35 Pres,
COO, Director | -- | Andrew Mantey, 38 CFO,
Sr. VP, Treasurer, Director | -- | Richard Roberts, 46 Sr.
VP, Gen. Counsel, Sec. | -- | 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
|
|