| Business Summary | | The
Morgan
Group,
Inc.
provides
outsourced
transportation
and
logistical
services
to
the
manufactured
housing
and
recreational
vehicle
industries,
and
provides
delivery
services
to
the
commercial
truck
and
trailer
industries
in
the
United
States.
The
Company
primarily
provides
outsourcing
transportation
services
through
a
national
network
of
approximately
1,023
independent
owner-operators
and
approximately
1,410
other
drivers.
The
Company
also
provides
certain
insurance
and
financing
services
to
the
independent
owner-operators
through
its
insurance
and
finance
subsidiaries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MG
provides
outsourced
transportation
and
logistical
services
to
manufactured
housing
and
motor
home
industries,
delivery
services
to
commercial
truck
and
trailer
industries,
and
financing
services
to
its
owner
operators.
For
the
six
months
ended
6/30/01,
revenues
fell
22%
to
$46.1
million.
Earnings
totaled
$85
thousand,
vs.
a
loss
of
$599
thousand.
Results
reflect
the
weak
market
for
shipments
of
new
manufactured
homes,
offset
by
lower
operating
expenses
due
to
cost
cutting
initiatives. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Charles Baum, 59 Chairman | $69K | Anthony Castor, III, 49 Pres,
CEO, Director | 386K | Dennis Duerksen, 60 CFO
and Treasurer and VP and Treasurer, Sr. VP, and CFO of Morgan Dr | 136K | Michael Archual, 50 Pres
of Morgan Drive Away, inc. | -- | Gary Klusman, 41 Exec.
VP-Fin. and Admin., VP of Fin., Sercretary and Direc | -- | 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
|
|