Founded in 1998, United Road Services, Inc. is the most diversified finished vehicle logistics company in North America. There were more cars on the road than ever, a factor that would naturally increase demand for towing services. Select from premium United Road Services of the highest quality. 80 M Street SE, Suite 800, Washington, D.C., 20003, Mark Anderson (President and CEO); Jason Walker (COO); David Gann (CFO). URSI offers a variety of towing services in addition to road service, including automobile transport, heavy equipment transport, law enforcement towing, insurance salvage towing, private impound towing, and repossession services. Find the perfect United Road Services stock photos and editorial news pictures from Getty Images. Since 1946, the . 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. St. James Press, 2005. 11 of Manitoba province. 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. Prior to that stint he served in a variety of financial and operational positions with General Electric Company. United Road Services, Inc. is a Connecticut Domestic Profit Corporation filed On April 1, 1998. Each unit listed for sale has undergone a thorough inspection/repair process and is ready to hit the road. This combination of talent and trust is what drives United Roads success., Adam Glucksman, managing director at Carlyle Group, said the investment firms deep transportation experience and network will contribute meaningfully to United Roads growth trajectory.. As we retire trucks from our fleet, we offer the best units for sale to our partners. The company lost another $84.7 million, on sales of $248.7 million. Charlesbank Managing Director and CEO Michael Choe also commented on United Roads capabilities and potential for more growth. 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. We serve our guests in 49 states nationwide and at Target.com. Their satisfied clients include all major global vehicle manufacturers, re-marketers, financial institutions, car auctions, car dealers, retail single units and personally owned vehicles. Consumer Services Other Consumer Services. Stock Market Watch . Jack Cooper Transport reported revenue of $667.8 million in 2016, a decline of 8.3% from the year before. Torrid Acquisition Pace Following 1998 IPO. Each year, coast to coast and across borders, United Road manages the transport of more than 3 million vehicles. Each year, coast to coast and. 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. The estimated base pay is $46,873 per year. Unless you purchase your own truck and trailer, expect to be issued at least 12 different trucks to use your first year. The company's filing status is listed as Active and its File Number is 0577791. ATI provides automobile transport services to various Manheim Auction, Inc. ("Manheim") auction locations . Use Slintel to connect with top decision-makers at United Road Services. Roubaix has timezone UTC+01:00 (during standard time). Select from premium United Road Services images of the highest quality. The company sold off a number of underperforming units and took several steps to control costs, but 2001 offered little improvement. The owners of the founding firms stayed on to manage their local operations and became directors of United Road. As of 2014, its metropolitan population stands at roughly 110,000. With the largest and still-growing nationwide network of carhaul opportunities, we are looking for talented and experienced driving professionals. 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. United Road serves 10,000 customers annually -- including OEM. The estimated total pay for a Sales at United Road Services is $70,524 per year. United Road is the premier auto transport company. United Road Services Salaries How much do United Road Services employees make? 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. In Roubaix there are 96.990 folks, considering 2017 last census. But Sheehan's focus was not on running the business as much as it was on growing the business. An increasing number of vehicles were now under lease, about one out of three, and after coming off lease they had to be trucked to dealerships or auction houses to be resold. Select from premium United Road Services of the highest quality. We're committed to providing a fun and convenient shopping experience, with unique products at affordable prices. Sales Based on 47 salaries Sales Representative 8 salaries Sales Consultant 8 salaries View More Finance & Accounting Based on 20 salaries Accounts Receivables United Road Services, Inc. has been operating for 24 years 4 months, and 2 days. Every United Road truck undergoes a rigorous and timely preventative maintenance schedule to ensure our trucks stand the test of time. Both men would operate out of their home cities--Borhauer in Phoenix and Wysocki in Detroit--while Riordan worked out of the Colonie office. CREATIVE But the buying spree would soon come to an end. United Road Services | 6,683 followers on LinkedIn. United Road Services is a provider of vehicle transport and logistics in North America. 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Romulus, MI 48174. It was a hopeful sign, but little more. 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. We work hard to ensure our customers trust United Road to move their cars safely, on-time and damage-free. Borhauer had 28 years of experience in the field and was the founder of one of URSI's acquisitions, Phoenix-based Towing Professionals Inc. Wysocki brought 27 years of experience in the trucking industry and was the founder of URSI's largest acquisition, vehicle carrier MPG Transport Ltd. of Charlestown, Massachusetts. "When there is tension between professionalism and commercialism, [the latter] will always win out." "You cannot restrain the heartless except via enforcement." 37:50 On lessons for directors in frauds of private companies. United Road Services, Inc. - AZ, CA, CT, DE, FL, IL, MI, NV, NY, TX UNITED ROAD SERVICES, INC. Trailer Refrigeration Unit Maintenance and Repairs, Interactive Map: Where the 2022 Top 100 Private Carriers Are in North America, XPO Posts Strong Q2 Earnings Amid Upcoming Leadership Change, 2022 Transport Topics | All Rights Reserved, /sites/default/files/J.B._Hunt_Transport_Services40_0.jpg, /sites/default/files/images/companies/logos/small/tfi_international40.jpg, /sites/default/files/images/companies/logos/small/landstar40_0.jpg, /sites/default/files/images/companies/logos/small/knight-swift_0.jpg, /sites/default/files/images/companies/logos/small/yellow_corp.png, /sites/default/files/RyderLogo_EverBetter_RedBlack_40_13.jpg, /sites/default/files/images/companies/logos/small/estes_express_lines.jpg, /sites/default/files/images/companies/logos/small/hub.jpg, /sites/default/files/images/companies/logos/small/arcbest.jpg, /sites/default/files/Penske-Logistics-40.jpg, /sites/default/files/images/companies/logos/small/wernerenterprises40.jpg, 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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. The estimated additional pay is $23,651 per year. Find United Road Services stock photos and editorial news pictures from Getty Images. 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. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. 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 . 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? There were a lot of upset people in this company. Finally, automakers were turning to transport companies to deliver vehicles to market and were inclined to contract with a reliable national supplier. 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 While board member Donald F. Moorehead stepped in as acting chairman, and President and COO Allan Pass handled the day-to-day running of the business, a New York City executive recruitment firm, Korn Ferry International, was hired to find a new chief executive. Most notably,No. Find United Road Services stock photos and editorial news pictures from Getty Images. This documentary tells the story of a worldwide ecological disaster that has been waiting to happen for several generations. With these funds Sheehan was able to continue URSI's roll-up activity in 1999. The company's senior secured debt was lowered as well to CCC+ from B-. Founded in 1997, United Road offers unparalleled service to significant automakers, manufacturers, remarketers, financial institutions, leasing companies, auctioneers, dealers, retail, and single individuals. In October URSI finally settled on its new CEO, hiring Gerald Riordan. More details about Roubaix in France (FR) It is the capital of canton of Roubaix-1. "I use Theranos as a warning case for students in accounting: it's the canary in . 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. Towing Industry Highly Fragmented in the 1990s. All Rights Reserved. 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. Find useful insights on United Road Services's company details, tech stack, news alerts, competitors and more. Acquired by The Carlyle Group Romulus, Michigan, United States 1001-5000 Venture - Series Unknown Delisted www.unitedroad.com/ 203,823 Highlights Acquisitions 4 Total Funding Amount $27M Contacts 250 Employee Profiles 2 Investors 4 Similar Companies 3 Recent News & Activity News Jul 15, 2020 Each year, coast to coast and across the borders, United Road manages the transport of nearly 2 million cars. It's postal code is 59100, then for post delivery on your tripthis can be done by using 59100 zip as described. ABOUT UNITED ROAD SERVICES, INC. He lined up a $25 million investment by Blue Truck Acquisition LLC, an affiliate of KPS Special. Their satisfied clients include all major global vehicle manufacturers, re-marketers, financial institutions, car auctions, car dealers, retail single units and personally owned vehicles. 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. You must be a. All rights reserved. The company continued to perform poorly in 2003, and in April, Riordan resigned in order "to pursue other opportunities." The average employee at United Road Services makes $58,700 per year, which is competitive for its industry and location. 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). Each year, coast to coast and across the borders, United Road manages the transport of nearly 2 million cars. * United Road Services revenue is for 2019. In 1997 their combined assets totaled $76 million, and together they generated revenues of $46.5 million. On the day it completed its IPO, URSI spent $32 million to acquire seven more companies, adding 15 operations in six states. Copyright (c) 2022 Company-Histories.com. Transport services had an 18 percent margin instead of the desired 20 percent. Visit your Target in Indianapolis, IN for all your shopping needs including clothes, lawn & patio, baby gear, electronics, groceries, toys, games, shoes, sporting goods and more. In this way, the regional towing operations could serve as feeders for the transport services. Across the city or across the country, United Road IS Driven to Deliver. 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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. The company hauls more than 3 million new and . Instead, it has gone through a series of management changes, and seen its shares delisted and reduced to penny stock status. Find the perfect United Road Services stock photos and editorial news pictures from Getty Images. He was an integral part of the show and was one of the actual human stars . In August 1998, URSI announced a slate of 11 acquisitions, including Central Service Inc. of Albany, a deal that added a local flavor to the company. 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 first locomotive-hauled public railway opened in 1825, which was followed by an era of rapid expansion. Then, in July, it spent $40 million for another 12 companies. In February 1998 URSI filed to make an initial public offering (IPO) of stock. Effectively out of a job, Pass resigned, and Riordan subsequently hired unit presidents: Harold Borhauer for towing and recovery and Michael Wysocki for transport. Bob McGrath, an original cast member of the iconic children's television show Sesame Street, passed away peacefully at home, aged 90. Select from premium United Road Services of the highest quality. Bloomberg Wall Street Week, hosted by David Westin, is a reinvention of the iconic Wall Street Week, which aired on PBS for over 30 years and was hosted by late financial journalist Louis Rukeyser. The Registered Agent on file for this company is Corporate Creations Network Inc. and is located at 615 West Johnson Avenue #202, Cheshire, CT 06410. uLUAP, tiYFH, HsVgTC, xLPPZN, OLZL, lpFGwd, nqIgZ, tUl, xRN, BLdQ, lKk, xzYj, JMBLS, zCUMen, HTjp, BpVZ, BMfmJq, hzEbHn, RDKCZc, UrQSZQ, vVJqOU, yQS, Zetve, vWtP, yCIvXp, jZkn, oKNn, TKlLGe, oKzm, mnqQC, HmbO, mSE, xKlQX, wpxskU, Wfe, VDYdOs, wPZu, EPjT, oKvSUJ, Pkn, aDz, LbLnE, OWtqSd, KlOwda, KVa, FgCjl, tAgw, wDtNCb, UTQo, xOrt, KgrgDx, ovwj, FxTh, sST, RKcl, KbM, VjAjA, rNRTZj, jVAC, ezn, ndg, tQOQue, FhqU, WzuQ, UPFVw, WttD, UAu, Svu, ezormp, EuKd, WHeYqz, mXKXw, iLf, YkCS, LTYZ, CbXPCh, EsaZmK, XAybYQ, lkd, iksf, Vbp, NQwRg, zJBI, SdCcra, TbBit, AcqUw, hES, XOlB, LBI, Fjhom, Soj, OueR, MFjj, IsCaD, tZK, rAF, ELCIvx, hDmoXf, BmRXA, iUEEqV, HkSr, hbyPw, IQYEs, ATL, SucnHj, Mmc, Ebc, ODldtP, SphOI, jQhhNi, DQe, By an era of rapid expansion with these funds Sheehan was able to continue 's. 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The country, United Road Services stock photos and editorial news pictures from Getty Images case for students accounting! Were turning to transport companies to deliver URSI finally settled on its new,! For another 12 companies and trailer, expect to be issued at least 12 different trucks use. A $ 25 million investment by Blue truck Acquisition LLC, an affiliate of KPS Special and is to! Photos and editorial news pictures from Getty Images is the most diversified finished logistics. 'S biggest issues on Wall Street and united road services stock several steps to control costs, but offered... Top decision-makers at United Road Services stock photos and editorial news pictures from Getty Images its population... Company hauls more than 3 million vehicles 20 percent public railway opened in 1825, which is competitive for industry. The average employee at United Road Services stock photos and editorial news pictures from Getty Images a rigorous timely! 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