| Business Summary | | Boyd
Bros.
Transportation
is
a
truckload
carrier
that
operates
exclusively
in
the
flatbed
segment
of
the
industry
and
hauls
primarily
steel
products
and
building
materials.
The
Company
owns
and
operates
a
total
of
over
1,112
tractors
and
1,451
flatbed
trailers.
In
1997,
Boyd
acquired
Welborn
Transport
Inc.,
now
operated
as
a
stand-alone
subsidiary.
Welborn
provides
transportation
services
over
shorter
routes
than
Boyd
traditionally
provides,
with
an
average
length
of
haul
of
less
than
400
miles.
Welborn
operates
primarily
in
the
southeastern
United
States,
operating
approximately
352
tractors
and
over
490
flatbed
trailers.
Boyd
has
equipped
its
entire
fleet
with
two
on-board
systems
produced
by
Qualcomm:
Omnitracs,
a
communications
system
that
allows
drivers
to
liase
with
dispatchers
and
allows
Boyd
to
update
customers
with
delivery
information;
and
Sensortracs,
a
monitoring
system
that
allows
Boyd
to
monitor
fuel
efficiency
and
driver
effectiveness. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Boyd
Bros.
Transportation
is
a
truckload
carrier
that
operates
exclusively
in
the
flatbed
segment
and
hauls
primarily
steel
products
and
building
materials.
For
the
six
months
ended
6/30/01,
operating
revenues
fell
7%
to
$61.9
million.
Net
loss
totaled
$10
thousand,
vs.
an
income
of
$440
thousand.
Revenues
reflect
the
closing
of
the
logistics
operations
at
Welborn
and
a
reduction
in
freight
volume.
Net
loss
also
reflects
higher
fuel
costs,
and
a
seasonally
slow
winter
period. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Dempsey Boyd, 73 Chairman | $217K | Gail Cooper, 50 Pres,
CEO, Director | 147K | Miller Welborn, 42 Vice
Chairman | 161K | Richard Bailey, 50 CFO,
Chief Operating Officer, Exec. VP, Director | 209K | Ginger Tibbs, 47 Treasurer,
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
|
|