TRUCKING'S MARKET SHARES
* USA - Sector Snap: Trucking Stocks Slide
NEW YORK,NY,USA - AP/MSN Money -Oct 17, 2006: -- Shares of trucking companies tumbled on Tuesday, a day after third-quarter earnings from truckload carrier Werner Enterprises Inc. missed Wall Street's expectations because of sluggish freight demand...
* USA - Con-way profit down, beats street EPS view
CHICAGO,Ill.USA -Reuters -Oct 17, 2006: -- Trucking and logistics company Con-way Inc. said on Tuesday its quarterly net profit fell on lower revenue, but earnings per share came in above market expectations.
The company also issued a forecast for fourth-quarter earnings that was below Wall Street analysts' outlook...
* USA - Stock Watch: J.B. Hunt - Of Trucks, Trains and the Economy
Washington,DC,USA -Kiplinger.com -October 17, 2006: -- Investors could look at this transport firm as an indicator of the road ahead for the economy: By Thomas M. Anderson ... If you want to know where the U.S. economy is headed, hitch a ride with J.B. Hunt Transport Services... The trucking and logistics company is a good gauge for the economy because the majority of its business involves transporting goods to retailers’ shelves and to home builders. Helped by lower fuel costs, the company reported third-quarter earnings that beat Wall Street’s. The question for investors now is whether Hunt and, by proxy, the U.S. economy will keep on rolling...
* USA - Knight Transportation 3Q Earnings Rise
PHOENIX,AR,USA -The Houston Chronicle (Houston,TX)/AP -Oct. 18, 2006: -- Trucking company Knight Transportation Inc. on Wednesday said its third-quarter earnings jumped 22 percent as fuel surcharges and sales of used equipment helped offset a softer freight environment, driver issues and higher fuel prices...
* USA - Heartland’s Third-Quarter Profits, Revenue Increase
Coralville,IA,USA -TTNews -18 Oct 2006: -- Truckload carrier Heartland Express on Wednesday reported its third-quarter net income rose to $23 million or 23 cents a share, up from $17.5 million or 18 cents a year ago...
* USA - UPS’ 3Q Profit, Revenue, Gain on Higher Small-Package Volumes
Atlanta,GA,USA -TTNews -18 Oct 2006: -- UPS Inc. said Thursday its third-quarter net income rose 8.9% to $1.04 billion or 96 cents a share, from $953 million or 86 cents a year earlier, aided by a 5% increase in global package volume...
* USA - Landstar 3Q Earnings, Revenue Decline
Jacksonville,Fl,USA - TTNews -18 Oct 2006: -- Truckload carrier Landstar System on Thursday reported its third-quarter net income declined to $30.6 million or 53 cents a share, down from $34.6 million or 58 cents a year earlier...
* Canada - Vitran’s Third-Quarter Income Declines
Toronto,ONT,CAN -TTNews -18 Oct 2006: -- Transportation and logistics firm Vitran Corp. reported its third-quarter profit fell to $4.9 million or 38 cents a share, from $5.4 million or 42 cents a year earlier...
* USA - Marten Reports Higher 3Q Profit, Revenue
Mondovi,WI,USA -TTNews -18 Oct 2006: -- Refrigerated truckload carrier Marten Transport’s third-quarter income rose 5.7% to $6.7 million, or 31 cents a share, from $6.4 million or 29 cents a year earlier, the company said Thursday...
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