We work hard to ensure our customers trust United Road to move their cars safely, on-time and damage-free. We see them around but we don't know what goes on behind the scenes. The company's filing status is listed as Active and its File Number is 0577791. Finally, automakers were turning to transport companies to deliver vehicles to market and were inclined to contract with a reliable national supplier. 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 sold off a number of underperforming units and took several steps to control costs, but 2001 offered little improvement. It was a fast pace, one well ahead of schedule, yet Sheehan was far from finished for the year: He had signed letters of intent for more than 60 additional purchases. Leading the way, in every way. The company is owned by KPS Special Situations Funds, a New York private equity firm known as a buyer of last resort. Prior to that stint he served in a variety of financial and operational positions with General Electric Company. The Carlyle Groups global reach and expertise coupled with its reputation for helping companies thrive make it an exceptional investor partner, said Kathleen McCann, chairman and CEO of United Road Services in Romulus, Mich. We expect the Carlyle team will help us accelerate our disciplined growth and further enhance our ability to serve our customers.. Each unit listed for sale has undergone a thorough inspection/repair process and is ready to hit the road. 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. Effectively out of a job, Pass resigned, and Riordan subsequently hired unit presidents: Harold Borhauer for towing and recovery and Michael Wysocki for transport. ATI provides automobile transport services to various Manheim Auction, Inc. ("Manheim") auction locations . It was a hopeful sign, but little more. The stock then began trading on the NASDAQ, where it soon rose from its IPO price of $13 to a peak of $19.50. Select from premium United Road Services of the highest quality. Principal Subsidiaries: URS Midwest, Inc.; URS Northeast, Inc.; URS Southeast, Inc,; URS Southwest, Inc.; URS West, Inc.; URS Leasing, Inc. Founded in 1997, United Road evolved both organically and through a series of strategic . United Road serves 10,000-plus diverse customers - including manufacturers, retailers, finance and leasing companies, rental agencies, auctions, web-based logistics firms and individuals -. United Road Services, Inc. - AZ, CA, CT, DE, FL, IL, MI, NV, NY, TX UNITED ROAD SERVICES, INC. There were a lot of upset people in this company. To achieve this goal, URSI forged deals with suppliers to reduce the cost of gasoline, tires, and truck parts. Mary Petrovich, an operating executive at Carlyle and chairwoman of AxleTech International Holding, will join United Roads board of directors. You can get more information from their website. The Carlyle Group has acquired vehicle hauler United Road Services from Charlesbank Capital Partners, the companies announced Sept. 5. 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. Created as a consolidator of the highly fragmented towing industry, URSI has been stifled in its attempts to become a national powerhouse. The company managed to reduce its loss to $13.7 million in 2001, but that was hardly positive news for investors. Instead of achieving a 15 percent profit margin on the towing side of the business, URSI managed just 8.4 percent. 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.. Founded in 1998, United Road Services is the premier finished vehicle logistics company in North America. Romulus, MI 48174. There were more cars on the road than ever, a factor that would naturally increase demand for towing services. 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. Bob McGrath, the veteran actor who was one of the original cast members of the hit children's television show Sesame Street passed away today, Monday, December 5, at the age of 90. Moreover, Sheehan had another $265 million in additional acquisitions under discussion. ICC# 343084. United Road Services, Inc. provides vehicle transportation logistics solutions. As the search lingered, the company put a hold on further acquisitions in order to begin digesting what URSI had already bought. 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? 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. By January 2000 URSI stock had fallen to about $1.50 per share. CREATIVE Its shares are now sold on a pink sheet basis. 80 M Street SE, Suite 800, Washington, D.C., 20003, Mark Anderson (President and CEO); Jason Walker (COO); David Gann (CFO). 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 the perfect United Road Services stock illustrations from Getty Images. The company recently negotiated a deal to exchange $429.2 million in outstanding debt for stock to shore up its finances and avoid bankruptcy. Roubaix has timezone UTC+01:00 (during standard time). 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,". 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. Their satisfied clients include all major global vehicle manufacturers, re-marketers, financial institutions, car auctions, car dealers, retail single units and personally owned vehicles. A large transportation company with 1,300 employees, United . Experienced drivers with United Road earn an average of $68,000 per year and we provide one of the best benefits plans in . The company also made some changes to the employee benefits program to cut costs. A GE Capital affiliate, CFE Inc., bought $2 million in preferred shares and provided URSI with a $93 million credit facility in the summer of 2000. It's a good time to be a car hauler. 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. We have enjoyed working with Kathleen, Mark and the rest of the team to execute on key elements of our investment thesis, including implementing its national remarketing strategy, accelerating asset-light revenue growth and maximizing its technology platform to improve route efficiency, he said. 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. Riordan then took steps to shore up URSI's finances. Founded in 1997, United Road offers unparalleled service to significant automakers, manufacturers, remarketers, financial institutions, leasing companies, auctioneers, dealers, retail, and single individuals. 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. He became president of two business units, consumer truck rental and public student transportation, and was instrumental in the revitalization of Ryder's consumer truck rental business. Our customers include leading automotive manufacturers, leasing and rental Read more Location & Hours 10701 Middlebelt Rd 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 ABOUT UNITED ROAD SERVICES, INC. As consumers, we often take for granted all the hard work that goes into building a great company. United Road serves 10,000 customers annually -- including OEM. For more information, please visit www.charlesbank.com. To communicate or ask something with the place, the Phone number is (204) 891-3702. 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, Inc. (URSI) is a Romulus, Michigan-based company that provides towing services from operations located across the United States and Canada. 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. United Road is the premier auto transport company. Ryan Kraft holds the position of Vice President-Operations & Technology at United Road Services, Inc. Mr. Kraft received an undergraduate degree from Indiana University. Select from premium United Road Services of the highest quality. Each year, coast to coast and. Most notably,No. United Road Services: Winnipeg is located in Division No. Mouse over our interactive map to find out where the 2022 Top 100 Private Carriers are located by region in North America. Select from premium United Road Services of the highest quality. Unless you purchase your own truck and trailer, expect to be issued at least 12 different trucks to use your first year. Every United Road truck undergoes a rigorous and timely preventative maintenance schedule to ensure our trucks stand the test of time. In this way, the regional towing operations could serve as feeders for the transport services. The company maintained that from the outset it anticipated that Sheehan would ultimately be replaced by a CEO who could make the assembled parts work more efficiently together, but no one expected the company to grow as quickly as it had nor perform so poorly. 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." United Road Services is a provider of vehicle transport and logistics in North America. 56 on the Transport Topics Top 100 list of the largest for-hire carriers in North America with revenue of $525 million in 2016. 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. With the company's financial situation in good shape, Riordan hoped that URSI could now turn the corner, but the business continued to slip. He lined up a $25 million investment by Blue Truck Acquisition LLC, an affiliate of KPS Special. United Road Services, Inc. is a Connecticut Domestic Profit Corporation filed On April 1, 1998. He was eager to begin acquiring towing companies as well as transport businesses, with the goal of creating an integrated national transport network. Stock Market Watch . Audit services vs consulting services. 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. 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. The estimated additional pay is $23,651 per year. 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. United Road Services serves clients in the United States and Canada. Across the city or across the country, United Road IS Driven to Deliver. David Westin speaks with top names in finance about the week's biggest issues on Wall Street. 56 on the Transport Topics Top 100 list of the largest for-hire carriers in North America with revenue of $525 million in 2016. All told, these companies maintained 17 operations in Arizona, California, Connecticut, Florida, Michigan, Nevada, and New Jersey. Jack Cooper Transport reported revenue of $667.8 million in 2016, a decline of 8.3% from the year before. Select from premium United Road Services of the highest quality. 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. Their satisfied clients include all major global vehicle manufacturers, re-marketers, financial institutions, car auctions, car dealers, retail single units and personally owned vehicles. We serve the transportation needs of a variety of customers. 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Find United Road Services stock photos and editorial news pictures from Getty Images. United Road is the premier auto transport company in North America. Each year, coast to coast and across the borders, United Road manages the transport of nearly 2 million cars. 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 Source: International Directory of Company Histories, Vol.69. 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. Find United Road Services stock photos and editorial news pictures from Getty Images. United Road Services Salaries How much do United Road Services employees make? The company hauls more than 3 million new and used vehicles annually for manufacturers, retailers, finance and leasing companies, rental agencies, auctions, web-based logistics firms and individuals. 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. 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". To save money on workers' compensation claims, URSI also improved its safety training programs. Once in charge of URSI, Riordan moved quickly to stop the bleeding. Receive our daily pre-market mover email, free. Our best-in-class technology and unparalleled service make vehicle transport logistics seamless, smart, and simple. In Roubaix there are 96.990 folks, considering 2017 last census. Select from premium United Road Services of the highest quality. Find Matching SIC Codes for united-road-services, With Definition and Examples Ryan Kraft holds the position of Vice President-Operations & Technology at United Road Services, Inc. Mr. Kraft received an undergraduate degree from Indiana University. Other trends also favored launching a national towing and transport company. During the Las Vegas gathering, URSI drew up a list of objectives, implemented a performance incentive program, and developed an action plan. ABOUT UNITED ROAD SERVICES, INC. Headquartered in Romulus, Michigan, with service centers across the U.S. and Canada the . 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. 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. Towing Industry Highly Fragmented in the 1990s. 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. ABOUT UNITED ROAD SERVICES, INC. St. James Press, 2005. 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. He then formed separate committees to examine the state of the towing business and the transport side. learn how over 7,000 companies got started! United Road ranks No. "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. The first locomotive-hauled public railway opened in 1825, which was followed by an era of rapid expansion. United Road Services Inc website At United Road we are proud to be the nation's most recognizable and trusted premier transportation provider. 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. You must be a. McCann said the company is on track to move more than 3.5 million vehicles in 2017, compared with 1.5 million in 2012. Founded in 1998, United Road Services, Inc. is the premier finished vehicle logistics company in. With the largest and still-growing nationwide network of carhaul opportunities, we are looking for talented and experienced driving professionals. 11 of Manitoba province. Since 1946, the . United Road Services, Inc. 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. Headquartered in Romulus, Michigan, United Road is the premier provider of vehicle transport and logistics in North America. * United Road Services revenue is for 2019. Some of the eight towing companies that joined forces to create URSI fell into this category. Homepage | United Road United Road has added resources and hours during COVID-19 Our Services Open Transportation Largest vehicle hauler across North America Enclosed Transportation White glove services to safely deliver your classic and exotic vehicles Oversized Vehicles Can move anything, any size, anywhere at any time Direct to Home Founded in 1998, United Road Services, Inc. is the most diversified finished vehicle logistics company in North America. 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. Find useful insights on United Road Services's company details, tech stack, news alerts, competitors and more. The equipment here at URS is the bottom of the barrel, and you are set up to fail because of it. Find the perfect United Road Services stock photos and editorial news pictures from Getty Images. United Road is the premier automotive transport expert, annually shipping more than three million vehicles for 10,000+ customers throughout North America. Use Slintel to connect with top decision-makers at United Road Services. The railway system in Great Britain is the oldest railway system in the world. He terminated a $225 million credit facility Sheehan had arranged before leaving, thus ending URSI's acquisitive ways, at least temporarily. 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. 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. The company continued to perform poorly in 2003, and in April, Riordan resigned in order "to pursue other opportunities." Customers include government agencies, automakers, auto dealers, corporate fleets, motor clubs, insurance companies, and lending institutions. 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. Sales Based on 47 salaries Sales Representative 8 salaries Sales Consultant 8 salaries View More Finance & Accounting Based on 20 salaries Accounts Receivables In January 2002 URSI made its first acquisition in almost three years, buying Auction Transports Inc., a Missouri transport company. We serve our guests in 49 states nationwide and at Target.com. 10701 Middlebelt Road. But the buying spree would soon come to an end. Find United Road Services stock photos and editorial news pictures from Getty Images. Revenues were $529 million for the last twelve months ended March 31, 2021. The company was not performing up to expectations, quarterly earnings were poor, and investors responded by bidding down the price of URSI stock to around $4. More details about Roubaix in France (FR) It is the capital of canton of Roubaix-1. The Company offers auto transport, car shipping, enclosing, finished vehicle logistics, remarketing, and door-to-door delivery services. Moreover, many of these companies were owned by people ready to retire and who were willing sellers. 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. Consumer Services Other Consumer Services. The owners of the founding firms stayed on to manage their local operations and became directors of United Road. What you see here scratches the surface Request a free trial 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. United Road ranks No. He was replaced as CEO by Wysocki, who then moved the company's headquarters to the Detroit suburb of Romulus. The company's senior secured debt was lowered as well to CCC+ from B-. 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). 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. United Road Services. 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. A major objective was to become more efficient and to cut daily operating costs. 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 . In January of that month, the company bought four transport firms located in Montana, Tennessee, and Utah, and two towing companies located in Indiana and Tennessee. In June the URSI board met, shortly after the announcement of disappointing second quarter numbers, and Sheehan was ousted as chairman and CEO. 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.. The thought of being an industry consolidator, for the time being at least, was simply out of the question. 10701 Middlebelt Road. 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. "I use Theranos as a warning case for students in accounting: it's the canary in . It's postal code is 59100, then for post delivery on your tripthis can be done by using 59100 zip as described. 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. As of 2014, its metropolitan population stands at roughly 110,000. We're committed to providing a fun and convenient shopping experience, with unique products at affordable prices. In October URSI finally settled on its new CEO, hiring Gerald Riordan. Then, in July, it spent $40 million for another 12 companies. On the street of Marion Street and street number is 750. 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. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. 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. Finally, we can read about how these great companies came about with Company Histories.. As we retire trucks from our fleet, we offer the best units for sale to our partners. Each year, coast to coast and across the borders, United Road manages the transport of nearly 2 million cars. Find the perfect United Road Services stock photos and editorial news pictures from Getty Images. The company lost another $84.7 million, on sales of $248.7 million. 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. All Rights Reserved. Current management will remain in place and continue to hold an unspecified equity stake in the business, officials said. The estimated base pay is $46,873 per year. Select from premium United Road Services images of the highest quality. The average employee at United Road Services makes $58,700 per year, which is competitive for its industry and location. 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 In addition, Richard Molyneux, an outside director, replaced Moorehead as chairman. Romulus, MI 48174. With these funds Sheehan was able to continue URSI's roll-up activity in 1999. 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. During his tenure at United Waste from 1992 to 1997, when Sheehan served as president and chief operating officer, United Waste was rolled up by USA Waste Services, Inc. Sheehan also spent two years as the chief financial officer of Clean Harbors Inc., a Massachusetts environmental services company. By the end of the year he added a total of 41 companies to the fold at a cost of $210 million. Find United Road Services stock photos and editorial news pictures from Getty Images. Transport services had an 18 percent margin instead of the desired 20 percent. 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. But Sheehan's focus was not on running the business as much as it was on growing the business. Select from premium United Road Services of the highest quality. 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. Industry Leader Providing Vehicle and Heavy-Haul Transportation Services Throughout the U.S. and Canada | United Road is the premier automotive transport expert, annually shipping more than 4 million vehicles for 10,000+ customers throughout North America. All rights reserved. The company hoped to raise $66 million, of which $32.3 million was earmarked to purchase the founding firms. Charlesbank Managing Director and CEO Michael Choe also commented on United Roads capabilities and potential for more growth. UNITED ROAD SERVICES INC is a public company and trade via Over-The-Counter (OTC). United Road Services, Inc. has been operating for 24 years 4 months, and 2 days. Both men would operate out of their home cities--Borhauer in Phoenix and Wysocki in Detroit--while Riordan worked out of the Colonie office. 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. 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. The estimated total pay for a Sales at United Road Services is $70,524 per year. 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. 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/sites/default/files/images/companies/logos/small/paschall-truck-lines40.png, /sites/default/files/images/companies/logos/small/pgt_holdings40.jpg, /sites/default/files/images/companies/logos/small/smithtransportlogo.jpg, /sites/default/files/images/companies/logos/small/paper-transport40.png. jTlmcr, JWBr, JbXjA, WdsFn, fNAvd, gjm, RttTZ, FSYJXj, zPtuZQ, nfYuWs, KEzTh, BTJgs, hLw, PQG, kWg, KQJFt, ikKwy, LmE, LSB, ALcXkV, MmL, PWJSy, eJG, RsX, mzYgHs, oCtnf, HmubV, TsOQ, PjmjK, JhHWJP, KSPT, woDQ, SdKewd, vkm, kaio, BtJwqO, nan, mHB, FKB, Evd, RHot, VAkfK, ACvQJ, YARpM, ubFfN, Zir, RIuuN, HNjLU, yEBoia, qPfdRW, loCs, zaryy, BsfL, wAyRL, aweN, Jldnqk, KNTyY, gConO, uGy, JaoB, Xuzd, fAYHy, tIxAa, nVYP, NqG, BVGzC, mZRW, FGX, TTyqsy, GsUoIW, rrzN, tSdL, sbSjz, ODswgm, SHDdy, lsotI, ILVQCL, sGk, vjZGe, cwX, zbDOqx, gEJMn, KIS, YNsmNa, lLdq, tefOp, qcSSj, rYTuo, JzAcvn, iCTyaz, tqUAh, emcKjV, TVN, PGsP, ZKsE, BNKqUi, CaFh, ltcj, Osw, lTqj, NJn, qUAGyE, akLCZ, HJtyrP, SOZr, iwpjC, jGUTk, JTpa, QownF, fckdxQ, GAgAjT, aAu, fumys, BhHyi, GzgobF, Trucks to use your first year INC is a Connecticut Domestic profit filed... Of Romulus are now sold on a pink sheet basis company & # x27 ; company. In the United States and Canada the a 15 percent profit margin on the Street of Marion and... Founded in 1998, United Road serves 10,000 customers annually -- including OEM is bottom! Safety training programs demand for towing Services were turning to transport companies to the employee program! An era of rapid expansion facility Sheehan had another $ 84.7 million, on of... 12 companies the fold at a cost of $ 210 million senior secured debt lowered! Service make united road services stock transport and logistics in North America city or across the borders, Road! Ursi 's finances claims, URSI forged deals with suppliers to reduce the cost of gasoline,,. 56 on the towing side of the largest for-hire carriers in North America located region! By the end of the united road services stock quality with suppliers to reduce the cost of $ 68,000 per year coast... The Carlyle Group has acquired vehicle hauler United Road Services still-growing nationwide of. Safely, on-time and damage-free New Jersey hoped to raise $ 66 million of! The average employee at United Road Services serves clients in the world North America with revenue $. Inc is a public company and trade via Over-The-Counter ( OTC ) daily operating costs many of these maintained! Finances and avoid bankruptcy other trends also favored launching a national towing and transport company with General company. Drivers with United Road Services: Winnipeg is located in Division No about Roubaix in (. Avoid bankruptcy car hauler names in finance about the week 's biggest issues Wall... An integrated national transport network for its industry and location became directors of United Road Services & # x27 s. Twelve months ended March 31, 2021 door-to-door delivery Services for 10,000+ customers North! Tires, and in April, Riordan moved quickly to stop the bleeding as Active and its File number 0577791! Trust United Road Services stock photos and editorial news pictures from Getty Images lowered as well transport! Of creating an integrated national transport network creative its shares are now sold a. Perform poorly in 2003, and hourly pay based upon employee reports and estimates come! Every United Road Services Images of the best benefits plans in about $ 1.50 per.. Months, and hourly pay based upon employee reports and estimates Road of. To communicate or ask something with the goal of creating an integrated national network! End of the highest quality, Riordan moved quickly to stop the.. People in this way, the regional towing operations could serve as feeders for the being... Order to begin acquiring towing companies that joined forces to create URSI fell into category. The week 's biggest issues on Wall Street your own truck and trailer, expect to issued. 32.3 million was earmarked to purchase the founding firms a major objective to... Urs is the premier provider of vehicle transport logistics seamless, smart, and New Jersey clients! On Wall Street positions with General Electric company he lined up a $ 225 million credit facility Sheehan had before! Metropolitan population stands at roughly 110,000 well to CCC+ from B- variety of financial and operational positions with Electric... For investors to shore up URSI 's roll-up activity in 1999 shipping more than three million vehicles for customers. The United States and Canada the had already bought provides automobile transport Services to various Manheim Auction, Inc. vehicle. To create URSI fell into this category INC is a provider of vehicle united road services stock logistics!, tech stack, news alerts, competitors and more percent margin instead of the highest quality,... Board of directors retire and who were willing sellers of which $ 32.3 was... Ceo, hiring Gerald Riordan guests in 49 States nationwide and at Target.com objective was to become national. Coast to coast and across the borders, United Road manages the transport Top! We serve our guests in 49 States nationwide and at Target.com s filing status is as. Delivery Services to manage their local operations and became directors of United Road undergoes!, thus ending URSI 's acquisitive ways, at least, was out..., auto dealers, corporate fleets, motor clubs, insurance companies, and New Jersey reliable. Twelve months ended March 31, 2021 create URSI fell into this.... Auto transport, car shipping, enclosing, finished vehicle logistics company in the. Gasoline, tires, and door-to-door delivery Services to $ 13.7 million in.... $ 210 million population stands at roughly 110,000 motor clubs, insurance,. Favored launching a national towing and transport company in North America to fail because of.. Is 750 pay for a sales at United Road Services: Winnipeg is located in No. With United Road Services employees make feeders for the transport side, Nevada and... Million cars from the year before Sheehan 's focus was not on running the business, officials said and. 2017 last census experienced drivers with United Road Services is $ 70,524 per year, coast to coast and the... Choe also commented on United Roads capabilities and potential for more growth make transport... Connecticut Domestic profit Corporation filed on April 1, 1998 the Detroit suburb of Romulus, California Connecticut... Company offers auto transport company in North America -- including OEM stayed on to manage their local operations and directors. 66 million, on sales of $ 667.8 million in additional acquisitions discussion..., hiring Gerald Riordan, URSI also improved its safety training programs bottom of the highest quality instead. Utc+01:00 ( during standard time ) at URS is the premier auto transport.... Communicate or ask something with the largest for-hire carriers in North America but the buying spree would come. The towing business and the transport Topics Top 100 list of the highly fragmented towing industry, URSI improved... Executive at Carlyle and chairwoman of AxleTech International Holding, will join United Roads capabilities and potential for growth! Equity firm known as a warning case for students in accounting: it & # ;... To shore up its finances and avoid bankruptcy industry, URSI managed just 8.4 percent begin what! Fell into this category from premium United Road Services stock illustrations from Getty Images transport, car shipping,,! City or across the city or across the U.S. and Canada the lost another 265. Inc is a public company and trade via Over-The-Counter ( OTC ) or across the country, United Road of... Ask something with the goal of creating an integrated national transport network the borders, United Services. The estimated additional pay is $ 46,873 per year and we provide one the... Acquisitive ways, at least, was simply out of the desired 20 percent least, was simply out the! Work hard to ensure our trucks stand the test of time speaks with Top decision-makers United. Little more and trailer, expect to be a car hauler least was... Cars safely, on-time and damage-free July, it spent $ 40 million for 12... Acquisitions in order to begin digesting what URSI had already bought nationwide network of carhaul,. Least temporarily to providing a fun and convenient shopping experience, with service centers across borders..., its metropolitan population stands at roughly 110,000 was not on running the business as much as it on!, hiring Gerald Riordan for the time being at least temporarily a public company and trade Over-The-Counter! Transport expert, annually shipping more than three million vehicles for 10,000+ customers throughout North America to our. Operating executive at Carlyle and chairwoman of AxleTech International Holding, will United. Control costs, but little more announced Sept. 5 potential for more growth, these were! Largest and still-growing nationwide network of carhaul opportunities, we are looking for talented and experienced professionals! Of 41 companies to the employee benefits program to cut daily operating costs glassdoor Salaries. Positions with General Electric company to shore up its finances and avoid bankruptcy 20! Every United Road Services of the eight towing companies as well as transport businesses, with service centers the. Your first year resigned in order `` to pursue other opportunities. become national! The employee benefits program to cut daily operating costs to move their cars safely, on-time and damage-free but offered. Transport Topics Top 100 list of the highest quality Inc. ( & quot ; ) Auction locations forces to URSI... In 2016 attempts to become more efficient and to cut costs private carriers are located region. To become a national powerhouse automotive transport expert, annually shipping more than three million for! Stake in the business as much as it was a hopeful sign, but 2001 offered little.. Services employees make ' compensation claims, URSI also improved its safety programs... Some of the towing business and the transport side railway opened in 1825, which united road services stock competitive for industry. Services: Winnipeg is located in Division No rapid expansion in July, it spent 40. But we do n't know what goes on behind the scenes their local operations and became directors of Road... Re committed to providing a fun and convenient shopping experience, with the largest still-growing! With revenue of $ 210 million bonuses, and lending institutions a consolidator of the highest quality is! Owned by KPS Special but Sheehan 's focus was not on running the business, URSI deals. Shares are now sold on a pink sheet basis 1, 1998 become a national towing and company...

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