| Business Summary | | Smithway
Motor
Xpress
Corp.
is
a
truckload
carrier
that
provides
nationwide
transportation
of
diversified
freight,
concentrating
primarily
on
the
flatbed
segment
of
the
truckload
market.
The
Company
uses
its
Smithway
Network
of
27
computer-connected
field
offices,
commission
agencies
and
Company-owned
terminals
to
offer
comprehensive
truckload
transportation
services
to
shippers
located
predominantly
between
the
Rocky
Mountains
in
the
West
and
the
Appalachian
Mountains
in
the
East,
and
in
eight
Canadian
provinces.
The
Company's
wholly
owned
subsidiaries
include
Smithway
Motor
Xpress,
Inc.,
East
West
Motor
Express,
Inc.,
SMSD
Acquisition
Corp.
and
New
Horizons
Leasing,
Inc. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Smithway
Motor
Xpress
is
a
truckload
carrier
that
transports
diversified
freight,
concentrating
primarily
on
the
flatbed
segment
of
the
truckload
market.
For
the
six
months
ended
6/30/01,
revenues
fell
3%
to
$99.1
million.
Net
loss
totalled
$1.7
million
vs.
an
income
of
$245
thousand.
Revenues
reflect
a
decrease
in
the
average
revenue
per
tractor
per
week.
Loss
reflects
increased
fuel,
supplies,
and
maintenance
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Smith, 61 Chairman,
Pres, CEO, Sec. | $300K | G. Larry Owens, 63 CFO,
Chief Admin. Officer, Director | 158K | Donald Orr COO, Exec. VP | -- | Michael Oleson, 50 Treasurer | -- | 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
|
|