| Business Summary | | Roadway
Corporation,
formerly
known
as
Roadway
Express,
Inc.,
provides
less-than-truckload
(LTL)
freight
services
on
major
city-to-city
routes
(lanes)
in
North
America
and
on
international
lanes
to
and
from
North
America.
The
Company
was
spun-off
from
Roadway
Services,
Inc.,
the
former
parent,
which
was
a
holding
company
formed
by
Roadway.
Roadway
provides
transportation
of
general
commodity
freight
by
motor
vehicle.
General
commodity
freight
includes
apparel,
appliances,
automotive
parts,
chemicals,
food,
furniture,
glass,
machinery,
metal
and
metal
products,
non-bulk
petroleum
products,
rubber,
textiles,
wood,
and
miscellaneous
manufactured
products.
The
Company
offers
LTL
service
within
Canada
and
Mexico
through
its
subsidiaries
and
also
offers
service
to
66
additional
countries
worldwide
through
offshore
agents.
The
Company
serves
over
500,000
customers
in
North
America. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Roadway,
a
holding
company,
provides
less-than-truckload
(LTL)
freight
services
on
two
day
and
longer
major
city-to-city
routes
in
North
America,
and
on
international
lanes
to
and
from
North
America.
For
the
24
weeks
ended
6/16/01,
revenues
fell
7%
to
$1.29
billion.
Net
income
decreased
56%
to
$9
million.
Revenues
reflect
slowing
national
economy
and
severe
weather
late
in
the
first
quarter.
Earnings
reflect
a
one-time
charge
related
to
a
legal
judgement. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Michael Wickham, 54 Chairman
and CEO | $1.3M | James Staley, 51 Pres
and COO | 894K | J. Dawson Cunningham, 54 CFO,
Exec. VP | 776K | John Bronneck, 53 VP-Operations | 670K | John Gasparovic, 43 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
|
|