Quality Reports Record Profit; Per-Share Earnings Double
ank truck carrier Quality Distribution late Monday reported second-quarter net income of $5.5 million or 28 cents a share, up from $2.7 million or 14 cents a year ago.
img src="/sites/default/files/images/articles/Quality.gif" width=200 align=right>The earnings were a record, the company said. Revenue rose 11.3% to $190.3 million.
Transportation revenue rose 6.9% from a year ago to $149.3 million.
uality Distribution is ranked No. 34 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.
