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TRUCKING INDUSTRY NEWS * USA
* UPS’ 2Q Profit Tops $1 BillionUSA -Transport Topics -24 July 2007: -- UPS Inc. said Tuesday its second-quarter net income rose 4.1% to $1.1 billion or $1.04 per share, from $1.06 billion or 97 cents a year ago... Revenue rose 3.9% to $12.2 billion a year ago, the company said in a statement... International export revenue jumped 14% on double-digit volume growth, while its less-than-truckload revenue climbed 10.5% on a 12% increase in shipments...
* Marten’s Second-Quarter Earnings Drop
USA -Transport Topics -24 July 2007: -- Refrigerated truckload carrier Marten Transport’s second-quarter net income plunged 42% due to lower freight rates and reduced revenue per truckload... Net income fell to $4.3 million or 20 cents a share, from $7.5 million or 34 cents a year ago, Marten said late Monday...
Labels: trucking industry USA
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