| Business Summary | | Transit
Group,
Inc.
is
a
holding
company
concentrating
on
the
acquisition,
consolidation,
and
operation
of
short
and
long
haul
trucking,
logistics
and
intermodal
companies.
To
date
the
Company
has
acquired
19
trucking
companies
throughout
the
Unbited
States
and
Canada.
The
Company
has
built
a
national
trucking
company
by
acquiring
TL,
logistic
and
intermodal
carriers
that
meet
certain
criteria. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | TRGP
is
a
holding
company
acquiring,
consolidating
and
operating
short
and
long
haul
trucking
companies.
For
the
six
months
ended
6/30/00,
revenues
increased
90%
to
$265.3
million.
Net
loss
applicable
to
Common
totalled
$10.9
million
vs.
an
income
of
$4.9
million.
Results
reflect
the
acquisition
of
eight
companies
and
higher
comparable
sales,
offset
by
increased
transportation
purchases,
higher
costs
of
fuel,
a
change
in
fleet
mix,
and
the
incremental
costs. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| T. Davis, 52 Chairman | $158K | Philip Belyew, 52 Pres,
CEO | 270K | James Overly, 36 Sr.
VP, CFO | -- | Kim Mattingly, 43 VP
- HR | -- | Donna Raines, 39 VP
of Corp. Tax | -- | Dollar amounts are as of 31-Dec-1999 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
|
|