| Business Summary | | Frozen
Food
Express
Industries,
Inc.
(FFEX)
is
a
full-service,
temperature-controlled
trucking
company.
In
its
more
than
five
decades
of
operation,
2000
and
1999
are
the
only
years
the
Company
was
not
profitable.
FFEX
offers
full-truckload,
dedicated-fleet
and
less-than-truckload
services
that
enhance
efficient
customer
service.
Distribution
services
generally
involve
the
delivery
of
cargo
within
a
50-
to
75-mile
radius
of
the
Company
terminal.
More
than
80%
of
the
cargo
transported
by
the
Company
is
temperature-sensitive. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | FFEX
is
engaged
in
motor
carrier
transportation
of
perishable
commodities,
providing
direct
service
for
both
full-truckload
and
less-than-truckload
shipments.
For
the
three
months
ended
3/31/01,
revenues
decreased
3%
to
$89.5
million.
Net
loss
increased
78%
to
$1
million.
Revenues
reflect
decreased
less-than-truckload
revenues.
Net
loss
also
reflects
increased
supplies
expenses
due
to
higher
per-gallon
costs
for
fuel. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
99,273;
after
tax
earnings
were
128. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Stoney Stubbs, Jr., 64 Chairman,
Pres, CEO | $361K | Edgar Weller, 83 Vice
Chairman | -- | Charles Robertson, 59 Exec.
VP, Director | 281K | F. Dixon McElwee, Jr., 54 Sr.
VP | 221K | 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
|
|