| Business Summary | | Cannon
Express,
Inc.
is
an
irregular
route,
truckload
carrier
that
transports
a
wide
range
of
general
commodities
in
the
United
States
and
Canada.
The
Company's
principal
types
of
freight
transported
include
retail
and
wholesale
goods
primarily
for
discount
merchandisers,
paper
goods,
automotive
supplies
and
parts,
and
non-perishable
food
products.
The
Company
also
offers
logistics
services
utilizing
equipment
and
services
provided
by
unrelated
third
parties
in
the
transportation
industry. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Cannon
Express,
Inc.
is
an
irregular
route,
truckload
carrier
transporting
a
wide
range
of
commodities
in
the
U.S.
and
Canada.
For
the
nine
months
ended
3/31/01,
operating
revenues
decreased
4%
to
$63.9
million.
Net
loss
totaled
$3.1
million,
vs.
income
of
$666
thousand.
Revenues
reflect
a
continued
shortage
of
qualified
drivers
which
impaired
its
ability
to
produce
revenue.
Net
loss
reflects
increased
depreciation,
rent
and
transportation
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Dean Cannon, 59 Chairman,
Pres | $450K | Duane Wormington, 43 VP
of Fin. | 139K | Larry Patrick, 55 VP | 162K | Rose Cannon, 59 Sec.,
Treasurer | -- | Dollar amounts are as of 30-June-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
|
|