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UPS Reports 16% Income Growth For First Quarter
UPS Inc. reported Thursday its net income rose to $882 million or 78 cents a share, up 16% from $759 million or 67 cents a year earlier. The earnings topped analysts’ expectations of 73 cents a share, Bloomberg reported.
April 21, 2005TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Vitran Improves First-Quarter Performance
Toronto-based transportation firm Vitran Corp. reported first-quarter net income of $2.8 million or 22 cents a share, up from $1.6 million or 13 cents a year earlier.
April 21, 2005Trailer Maker Wabash National Posts Higher 1Q Profit
Truck trailer maker Wabash National Corp. reported a first-quarter profit of $18.5 million or 52 cents a share, up from $6.9 million or 23 cents last year.
April 21, 2005USA Truck Boosts 1Q Profit; Revenue Hits Record
Truckload carrier USA Truck Inc. reported first-quarter net income of $2.7 million or 29 cents a share, compared with $1 million or 11 cents a year earlier.
April 21, 2005Cummins Reports Higher Income, Revenue in First Quarter
Diesel engine maker Cummins Inc. said Thursday it posted net income of $97 million or $1.96 a share, a rise from $33 million or 76 cents for the same period a year earlier.
April 21, 2005Initial Jobless Claims Fall For Third Week, Labor Reports
The number of U.S. workers filing for initial unemployment benefits fell 36,000 in the week ended April 16, the third consecutive reported delcine, the Labor Department said Thursday.
April 21, 2005Mullen Transportation’s Profit, Revenue Rise for Quarter
Canadian transportation firm Mullen Transportation Inc. reported Thursday it earned about $21 million or $1.40 a share in the first quarter, up from about $18.4 million or $1.24 a year earlier.
April 21, 2005CNF Reports Increase in Income, Revenue
Transportation firm CNF Inc. said its first-quarter income rose 19% to $29.1 million or 52 cents a share, up from $24.4 million or 45 cents a year earlier.
April 21, 2005Canadian National Reports Higher 1Q Income; Notes Rate Hike
Canadian National Railway reported its first-quarter earnings rose 42% to $241.7 million or 84 cents a share, compared with $167 million or 59 cents a year earlier.
April 21, 2005UP's Earnings Decline; Railroad Reported to Seek Rate Increase
Union Pacific Corp. reported lower income for the first quarter, as its net income dropped to $128 million or 48 cents a share, compared with $165 million or 63 cents last year.
April 21, 2005