Roadway Corp. Chairman and CEO Michael W. Wickham was scheduled to open trading on the NASDAQ stock exchange this morning,
the company announced.
Roadway was also expected to release its fourth-quarter and year-end 2002 earnings before the market opened today. Roadway Corporation is the parent company of Roadway Express, a national less-than-truckload transporter of industrial, commercial and retail goods, and New Penn Motor Express, a regional, next-day ground less-than-truckload carrier of general commodities.
The company had revenues of $2.8 billion in 2001.
"We are proud of our long-standing relationship with NASDAQ and look forward to opening trading at the exchange," said Wickham. "It is a fitting way to cap off 2002, an eventful year for Roadway Corp., and begin another successful year in 2003."
Wickham was to be joined at NASDAQ's New York headquarters by J. Dawson Cunningham, Roadway's chief financial officer, and James D. Staley, president of Roadway Corp. and president and chief executive officer of Roadway Express.