| Business Summary | | Intrenet
Inc.
owns,
directly
or
indirectly,
100%
of
four
licensed
truckload
carriers
and
a
brokerage
logistics
operation
(the
operating
subsidiaries),
which
provide
general
and
specialized
regional
truckload
carrier
services
throughout
North
America.
The
Company's
operating
subsidiaries
presently
operate
more
than
2,400
tractors,
including
tractors
provided
by
owner-operators.
All
of
the
Company's
truckload
carriers
rely
to
some
extent
upon
a
network
of
commissioned
agents
and
independent
contractors
who
own
and
operate
tractors
and
trailers.
All
of
the
Company's
truckload
carriers
also
use
company-operated
equipment.
In
1999,
the
Company's
fleet
traveled
over
176
million
revenue
miles
delivering
approximately
344,000
loads
for
Company
customers.
The
Company
also
brokered
approximately
33,000
loads
to
other
carriers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Intrenet
Inc.
is
a
holding
company
for
truckload
carrier
subsidiaries
which
provide
general
and
specialized
truckload
carrier
services
on
a
regional
basis
throughout
North
America.
For
the
six
months
ended
6/30/00,
revenues
increased
3%
to
$143.2
million.
Net
loss
decreased
10%
to
$2.2
million.
Results
reflect
increased
owner-operators
tractor
revenues.
Lower
loss
reflects
the
absence
of
$2.2
million
in
contingent
liability
special
charge. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Thomas Noonan, Jr., 60 | Chairman,
Pres, CEO | Thomas Bell, 53 | Exec.
VP, CFO, Sec., Treasurer | Larry Corn | Sr.
VP of Sales and Marketing | Ronald Wilson, 44 | VP,
Controller |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|