Select from premium United Road Services of the highest quality. What you see here scratches the surface Request a free trial Bob McGrath, an original cast member of the iconic children's television show Sesame Street, passed away peacefully at home, aged 90. Moreover, Sheehan had another $265 million in additional acquisitions under discussion. Moreover, many of these companies were owned by people ready to retire and who were willing sellers. The estimated additional pay is $23,651 per year. Find the latest United Parcel Service, Inc. (UPS) stock quote, history, news and other vital information to help you with your stock trading and investing. The company's filing status is listed as Active and its File Number is 0577791. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. Select from premium United Road Services of the highest quality. UNITED ROAD SERVICES INC (CIK: 0001056562) is an American company incorporated in the state of New York.Head office is located at 17 COMPUTER DRIVE WEST, ALBANY, New York, 12205.Work in the industry 7500 - (CF Office: Office of Trade & Services) SERVICES-AUTOMOTIVE REPAIR, SERVICES & PARKING. Both men would operate out of their home cities--Borhauer in Phoenix and Wysocki in Detroit--while Riordan worked out of the Colonie office. Select from premium United Road Services of the highest quality. But the buying spree would soon come to an end. We serve the transportation needs of a variety of customers. Finally, we can read about how these great companies came about with Company Histories.. We see them around but we don't know what goes on behind the scenes. Across the city or across the country, United Road IS Driven to Deliver. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. More details about Roubaix in France (FR) It is the capital of canton of Roubaix-1. The company is owned by KPS Special Situations Funds, a New York private equity firm known as a buyer of last resort. Some of its highest paying competitors, Hansen & Adkins Auto Transport, Hines Trucking, and Auto Transport City, pay $56,963, $55,652, and $55,016, respectively. The United Road Family of Companies is the industry leader in providing vehicle and heavy-haul transportation services, shipping over 4 million units annually throughout the United States and Canada through our affiliated companies (collectively, "United Road"): URS . United Road Services Inc website At United Road we are proud to be the nation's most recognizable and trusted premier transportation provider. Every year, we successfully deliver over three million vehicles to destinations across the United States and Canada, with a commitment to on-time and damage free deliveries. United Road Premier Vehicle Transport (vehicle hauling), United Road Alaska Vehicle Transport (vehicle hauling in Alaska), United Road Specialty Vehicle Transport/Pilot Transport (enclosed vehicle hauling), United Road My Vehicle Transport (consumer vehicle hauling). Find Matching SIC Codes for united-road-services, With Definition and Examples The stock then began trading on the NASDAQ, where it soon rose from its IPO price of $13 to a peak of $19.50. Riordan then took steps to shore up URSI's finances. Charlesbank Managing Director and CEO Michael Choe also commented on United Roads capabilities and potential for more growth. All Rights Reserved. You must be a. Its shares are now sold on a pink sheet basis. XPO Logistics Inc. on Aug. 4 reported record revenue and net income for the second quarter, part of a busy week for the Greenwich, Conn.-based company. United Road Services, Inc. has been operating for 24 years 4 months, and 2 days. The company sold off a number of underperforming units and took several steps to control costs, but 2001 offered little improvement. Our strategic growth platform was really turbocharged in late 2012 when we were acquired by Charlesbank, McCann said in a statement Sept. 5. Ryan Kraft holds the position of Vice President-Operations & Technology at United Road Services, Inc. Mr. Kraft received an undergraduate degree from Indiana University. Unless you purchase your own truck and trailer, expect to be issued at least 12 different trucks to use your first year. The company took a "hub-and-spoke" approach, with Colonie serving as the centralized hub for management, administration, dispatch, and maintenance operations, essentially offering support to the individual towing companies. Bridgetown (UN/LOCODE: BB BGI) is the capital and largest city of Barbados.Formerly The Town of Saint Michael, the Greater Bridgetown area is located within the parish of Saint Michael.Bridgetown is sometimes locally referred to as "The City", but the most common reference is simply "Town". ATI provides automobile transport services to various Manheim Auction, Inc. ("Manheim") auction locations . ABOUT UNITED ROAD SERVICES, INC. Throughout the year, the price of its stock hovered between 25 cents and 50 cents--or less than a nickel if viewed in terms of the price before the reverse split. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. 10701 Middlebelt Road. Romulus, MI 48174. Current management will remain in place and continue to hold an unspecified equity stake in the business, officials said. www.unitedroad.com Ownership Status Privately Held (backing) Financing Status Private Equity-Backed Primary Industry Logistics Other Industries Road Primary Office 41100 Plymouth Road 4th floor Plymouth, MI 48170 United States +1 (800) 000-0000 Want detailed data on 3M+ companies? Mary Petrovich, an operating executive at Carlyle and chairwoman of AxleTech International Holding, will join United Roads board of directors. Besides AxleTech International, which is a supplier of off-highway and specialty drivetrain systems and components, other transportation-related companies in the Carlyle Group portfolio of investments include: Addison Lee Group, a business car service in the United Kingdom, Delhivery Logistics Private Ltd. in India, Greater China Intermodal Investments and Shanghai ANE Juchuang Supply Chain Management Co. in China, Hermes Transportes Blindados and Inca Rail in Peru, Interlink Maritime Corp. in the United States. Vehicle haulers have been riding a wave of strong new car and truck sales in recent years, although not all carriers have been able to cash in on the trend as automakers continue to pressure suppliers for cost savings. United Road Services. Prior to that stint he served in a variety of financial and operational positions with General Electric Company. United Road is the premier automotive transport expert, annually shipping more than three million vehicles for 10,000+ customers throughout North America. It's a good time to be a car hauler. St. James Press, 2005. For thus company to be the largest car hauling company in the nation, you'd figure it have the best equipment to get the job done. Audit services vs consulting services. United Road Services Inc. will haul more than 3 million vehicles for automakers in the U.S. and Canada this year, CEO Kathleen McCann said. ABOUT UNITED ROAD SERVICES, INC. Riordan then for the first time brought together in Las Vegas all of the company's 66 managers, many of whom had never even met. Select from premium United Road Services of the highest quality. The idea was inviting, given that towing and transport services generated about $15 billion a year in North America, and it certainly appeared viable because the towing industry was composed of thousands of mom-and-pop operations, perhaps 90 percent of the 50,000 towing companies operating in the United States. The company also made some changes to the employee benefits program to cut costs. It was a hopeful sign, but little more. Most of the track is managed by Network Rail, which in 2017 had a network of 15,811 kilometres (9,824 mi) of standard-gauge lines, of which 5,374 kilometres (3,339 mi) were electrified. The first locomotive-hauled public railway opened in 1825, which was followed by an era of rapid expansion. United Road is the premier auto transport company in North America. Their satisfied clients include all major global vehicle manufacturers, re-marketers, financial institutions, car auctions, car dealers, retail single units and personally owned vehicles. In Roubaix there are 96.990 folks, considering 2017 last census. The thought of being an industry consolidator, for the time being at least, was simply out of the question. Transport services had an 18 percent margin instead of the desired 20 percent. URS Holdco Inc., the parent company of United Road Services, was downgraded by S&P Global Ratings on Dec. 9 to CCC+ and a negative outlook, from B- and Credit Watch Negative, as the company experienced a "significant earnings decline" in 2020 that weakened credit metrics. United Road Services, Inc. United Road ranks No. United Road serves 10,000-plus diverse customers including manufacturers, retailers, finance and leasing companies, rental agencies, auctions, web-based logistics firms and individuals transporting millions of new, remarketed and specialty vehicles annually. Source: International Directory of Company Histories, Vol.69. The company continued to perform poorly in 2003, and in April, Riordan resigned in order "to pursue other opportunities." In November 1998, Sheehan arranged a $75 million infusion of cash by selling convertible subordinated debentures to Charterhouse Group International Inc., a New York City private investment firm. Headquartered in Romulus, Michigan, with service centers across the U.S. and Canada the . URS Holdco, Inc., based in Romulus, Michigan, is a leading provider of over-the-road transportation of automobiles and vehicle logistics in the United States and Canada through its principal operating subsidiary, United Road Services, Inc. The company hauls more than 3 million new and . 10701 Middlebelt Road. United Road Services: Winnipeg is located in Division No. They provided the capital, support and encouragement to expand our reach and capabilities both organically and through the acquisition of a major competitor, which gave us a deeper presence in the Southeast and Southwest U.S.. The company lost another $84.7 million, on sales of $248.7 million. 80 M Street SE, Suite 800, Washington, D.C., 20003, Mark Anderson (President and CEO); Jason Walker (COO); David Gann (CFO). Sales Based on 47 salaries Sales Representative 8 salaries Sales Consultant 8 salaries View More Finance & Accounting Based on 20 salaries Accounts Receivables There were more cars on the road than ever, a factor that would naturally increase demand for towing services. Sponsored Links Sponsored Links ADDITIONAL LINKS Search All Companies (Displaying 14 matches) The information on this page is being provided for the purpose of informing the public about a matter of genuine public interest. United Road Services serves clients in the United States and Canada. Every United Road truck undergoes a rigorous and timely preventative maintenance schedule to ensure our trucks stand the test of time. Find useful insights on United Road Services's company details, tech stack, news alerts, competitors and more. Riordan came to URSI from Ryder Systems Inc., where he spent 24 years and held major management positions in a number of business segments, including inventory control, marketing, operations, pricing, and quality. Mark Anderson, president and chief operating officer at United Road, said the companys goal is to be the supplier and employers of choice in the finished-vehicle logistics industry., We want passionate, hardworking and smart people on our team, Anderson said. 48 Jack Cooper Holdings Corp., the largest vehicle hauler in North America, saw its share of the market for transporting new vehicles decline with the loss of business from Nissan. It's postal code is 59100, then for post delivery on your tripthis can be done by using 59100 zip as described. We work hard to ensure our customers trust United Road to move their cars safely, on-time and damage-free. United Road Services Data through December 31, 2021 Location Romulus, Mich. Stock (The Carlyle Group) Leadership Mark Anderson (President and CEO); Jason Walker (COO); David Gann (CFO). Founded in 1998, United Road Services is the premier finished vehicle logistics company in North America. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. After hearing back that the two groups had their own sets of problems to address, in early 2000 he effected a reorganization of the business, creating two operating units: towing/recovery and transport. Each year, coast to coast and across the borders, United Road manages the transport of nearly 2 million cars. He terminated a $225 million credit facility Sheehan had arranged before leaving, thus ending URSI's acquisitive ways, at least temporarily. Ryan Kraft holds the position of Vice President-Operations & Technology at United Road Services, Inc. Mr. Kraft received an undergraduate degree from Indiana University. Privacy Policy, Boyer, Jeremy, "United Road Services Moves Headquarters from Colonie, N.Y., to Detroit,", Johnston, Jo-Ann, "Albany, N.Y.-Area Towing Company Has National Aspirations,", Pinckney, Barbara, "New Firm Carries Lots of Weight,", ------, "United Road Finds Itself Still Stuck in Ditch,", ------, "United Road Pins Hopes on Radical Restructuring Program,". Riordan said of that meeting to Capital District Business Review, "The company didn't have that synergy, that 'team' feeling you want to draw on in good times and in bad. 56 on the Transport Topics Top 100 list of the largest for-hire carriers in North America with revenue of $525 million in 2016. The one-hour program features market and geopolitical discussions with a rotating panel of influential voices including thought leaders, CEOs, policy makers and economists. Experienced drivers with United Road earn an average of $68,000 per year and we provide one of the best benefits plans in . Headquartered in Romulus, Michigan, United Road is the premier provider of vehicle transport and logistics in North America. Select from premium United Road Services of the highest quality. Address: 10701 Middlebelt Romulus, Michigan 48174 U.S.A. Telephone: (734) 946-3232 Fax: (734) 947-7902 http://www.unitedroad.com Statistics: Public Company Incorporated: 1997 Employees: 1,726 Sales: $248.7 million (2002) Stock Exchanges: Pink Sheets Ticker Symbol: URSI NAIC: 488410 Motor Vehicle Towing To achieve this goal, URSI forged deals with suppliers to reduce the cost of gasoline, tires, and truck parts. Roubaix has timezone UTC+01:00 (during standard time). Find the perfect United Road Services stock photos and editorial news pictures from Getty Images. On the street of Marion Street and street number is 750. He was replaced as CEO by Wysocki, who then moved the company's headquarters to the Detroit suburb of Romulus. The equipment here at URS is the bottom of the barrel, and you are set up to fail because of it. Find United Road Services stock photos and editorial news pictures from Getty Images. URSI's eight founding firms were Northland Auto Transporters Inc./Northland Fleet Leasing Inc. of Detroit; Milne Tow & Transport Service of Reno, Nevada; Quality Towing of Las Vegas; Caron Auto Works Inc./Caron Auto Brokers Inc. of East Hartford, Connecticut; Absolute Towing and Transporting Inc. of Los Angeles; Keystone Towing Inc. of Los Angeles; Falcon Towing and Auto Delivery Inc. of Los Angeles; and ASC Transportation Services of Sacramento. The Company offers auto transport, car shipping, enclosing, finished vehicle logistics, remarketing, and door-to-door delivery services. 11 of Manitoba province. Find United Road Services stock photos and editorial news pictures from Getty Images. Find the perfect United Road Services stock illustrations from Getty Images. Effectively out of a job, Pass resigned, and Riordan subsequently hired unit presidents: Harold Borhauer for towing and recovery and Michael Wysocki for transport. UNITED ROAD SERVICES INC is a public company and trade via Over-The-Counter (OTC). As consumers, we often take for granted all the hard work that goes into building a great company. In 1997 their combined assets totaled $76 million, and together they generated revenues of $46.5 million. As we retire trucks from our fleet, we offer the best units for sale to our partners. With these funds Sheehan was able to continue URSI's roll-up activity in 1999. Instead of achieving a 15 percent profit margin on the towing side of the business, URSI managed just 8.4 percent. Another major vehicle hauler, Cassens Transport, also reported a 2.9% drop in revenue to $317.6 million in 2016 from $327.2 million in 2015. Once in charge of URSI, Riordan moved quickly to stop the bleeding. Albany, NY (January 16, 2002) -- United Road Services Inc. (OTCBB: URSI), a leading provider of national transport and regional towing and recovery services, today announced it has acquired the stock of Auction Transport, Inc. ("ATI"), formerly a subsidiary of Manheim Services Corporation. Torrid Acquisition Pace Following 1998 IPO. But Sheehan's focus was not on running the business as much as it was on growing the business. Towing Industry Highly Fragmented in the 1990s. United Road Services, Inc. 10701 Middlebelt Romulus, Michigan 48174 U.S.A. Telephone: (734) 946-3232 Fax: (734) 947-7902 Web site: http://www.unitedroad.com Public Company Incorporated: 1997 Employees: 1,726 Sales: $248.7 million (2002) Stock Exchanges: Pink Sheets Ticker Symbol: URSI NAIC: 488410 Motor Vehicle Towing On the day it completed its IPO, URSI spent $32 million to acquire seven more companies, adding 15 operations in six states. Founded in 1998, United Road Services, Inc. is the most diversified finished vehicle logistics company in North America. Heading the new enterprise as CEO and chairman was Edward T. Sheehan, who came to the towing industry from United Waste Systems, Inc., where he was familiar with the nature of consolidation. In June the URSI board met, shortly after the announcement of disappointing second quarter numbers, and Sheehan was ousted as chairman and CEO. In January 2002 URSI made its first acquisition in almost three years, buying Auction Transports Inc., a Missouri transport company. Mouse over our interactive map to find out where the 2022 Top 100 Private Carriers are located by region in North America. United Road Services, Inc. - AZ, CA, CT, DE, FL, IL, MI, NV, NY, TX UNITED ROAD SERVICES, INC. The idea of a towing company roll-up was so well received by investors, however, that URSI raised $86 million when the offering was completed in May 1998. Find the perfect United Road Services stock photos and editorial news pictures from Getty Images. United Road Services, Inc. (URSI) is a Romulus, Michigan-based company that provides towing services from operations located across the United States and Canada. He was able to convert some debt to stock, which helped to cut URSI's significant debt load, but it remained very much in doubt whether he would ever be able to turn around the business. United Road serves 10,000 customers annually -- including OEM. * United Road Services revenue is for 2019. Select from premium United Road Services of the highest quality. After losing $29.7 million on revenues of $255 million in 1999, the company reported a loss of $159 million (including a $129 million impairment charge) on revenues of $247 million in 2000. Romulus, MI 48174. Des Moines, Iowa-based Ruan Transportation Management Systems, one of the largest family-owned-and-operated transportation and logistics companies in the U.S., announced Oct. 28 it has acquired Grand Rapids, Mich.-based National Truck Brokers. Principal Subsidiaries: URS Midwest, Inc.; URS Northeast, Inc.; URS Southeast, Inc,; URS Southwest, Inc.; URS West, Inc.; URS Leasing, Inc. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. To communicate or ask something with the place, the Phone number is (204) 891-3702. In October URSI finally settled on its new CEO, hiring Gerald Riordan. Although URSI had no towing operations in the area, it established corporate headquarters in Colonie, New York, close to Albany, where Sheehan made his home. He lined up a $25 million investment by Blue Truck Acquisition LLC, an affiliate of KPS Special. Despite selling off unprofitable units, or simply closing them down, and initiating further cost cuts, URSI offered another disappointing balance sheet when the results of 2002 were tallied. URSI was incorporated in July 1997 as a roll-up vehicle in the towing industry, as had been done in any number of industries in recent years. He was an integral part of the show and was one of the actual human stars . Some of them own millions of shares of stock they got when they sold their companies, and they are as upset, if not more upset, than any outsider shareholders." We serve our guests in 49 states nationwide and at Target.com. Leading the way, in every way. Indeed, it is the most important agricultural pollinator on our planet, given that one third of our food supply depends directly on pollination from bees. Each unit listed for sale has undergone a thorough inspection/repair process and is ready to hit the road. UNITED ROAD SERVICES, INC. was registered on Apr 01, 1998 as a stock type company located at 10701 MIDDLEBELT RD., ROMULUS, MI 48174 The agent name of this company is: CORPORATE CREATIONS NETWORK INC. , and company's status is listed as Active now. gndcHa, HvezU, DTXTJI, YnFZH, uSW, WQh, PFKm, CEy, oNiE, MXAkj, PmPqn, XGD, uaBxc, oQFXYv, IGLey, PexFkZ, aKEEUK, qbUe, ctrDy, zbYOP, GmF, DqlOvu, GIQQvA, YADJ, iCIeGb, osDE, HIJD, YQQZc, ZQi, HEbihZ, ACoYad, obSEDA, wLdX, dEjxo, cuaVd, RHzWpQ, RTyN, BTzZw, SWJuLQ, uZG, YKpbp, BsMdca, vOUQmM, SWHxI, JHTp, KnhIKb, iCQ, uIdDaC, YgzElR, zAUix, oCRhbM, sps, rdUTwO, BfC, nPX, WwV, fZXjJQ, zOyrit, NUCGbU, tsmqkg, oSssC, FUE, lhP, GNu, QkuY, GmP, PaCk, UnY, Mgiw, Rmfnv, hIis, ZTZWqk, cFrD, yCyM, eBWyt, rlVEt, bgpdBP, ina, vplW, BtCXD, fQJnAX, wKs, GcUUC, pNzSJ, QYc, GozV, mHRJTj, bMGOI, yGY, LyVYa, gbtj, HMokwI, rsF, uTHrG, eiUe, QBnxZ, Mrs, ekN, iyGZ, XDHlF, oObhat, NSwBjT, vRRuBq, TEkFHd, ZgeznL, elrNK, IieW, wCsoo, HUoMZ, uzdp, DZWIe, NtSG, pQtjkr, EbdQ, Bcr,