| Business Summary | | United
Shipping
Technology
Inc.
is
in
the
business
of
nationwide
customized
delivery
solutions
for
same-day,
time-critical
shipping
and
distribution.
The
Company
provides
an
array
of
delivery
services,
including
scheduled
delivery,
on-demand
delivery,
distribution
services
and
air
courier
services.
The
Company's
network
(not
including
its
agent
locations)
consists
of
approximately
210
locations
in
86
of
the
top
100
metropolitan
areas
in
the
United
States.
The
Company's
operations
are
supported
by
a
fleet
of
approximately
8,000
vehicles,
including
3,730
company-leased
and
owned
vehicles
and
4,270
vehicles
utilized
by
independent
contractors.
The
Company
also
has
over
1,500
agents
throughout
the
world. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | USHP
is
a
national
same-day
delivery
company
which
provides
customized
transportation
services.
The
Company
manages
all
aspects
of
shipping
including,
interactive
shipping
and
internet
document
delivery
systems.
For
the
39
weeks
ended
3/31/01,
revenues
rose
10%
to
$365
million.
Net
loss
applicable
to
Common
rose
39%
to
$28.7
million.
Results
reflect
additional
revenues
from
the
acquisition
of
Velocity,
offset
by
a
$4.4
million
restructuring
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Peter Lytle, 51 Chairman | $321K | Jeff Parell CEO | -- | Marshall Masko, 43 Vice
Chairman | -- | Timothy Becker, 40 CFO,
Treasurer | 391K | Mark Ties, 35 VP-Fin. | 24K | Dollar
amounts are as of 1-July-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
|
|