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TRUCKING INDUSTRY NEWS * USA & Canada
* Canada - Vitran stock sinks after profit forecast cut, Q3 earnings fall to US$3.1M
Toronto,ONT,CAN -The Canadian Press -23 Oct 2007: -- Shares of Vitran Corp. fell nearly 20 per cent Tuesday after the trucking company cut its full-year profit forecast after third-quarter earnings fell to US$3.1 million from a year-earlier US$4.9 million as rising costs offset higher revenue... Vitran shares dropped $3.32 to trade at $13.53 on the Toronto Stock Exchange...
* USA - Con-way quarterly profit falls
Chicago,Ill,USA -Reuters -Oct 23, 2007: -- Trucking and logistics company Con-Way Inc. said on Tuesday its quarterly net profit fell, citing pricing pressure and lower yields in a highly competitive less-than-truckload market... The San Mateo, California-based company reported third-quarter net income of $37.3 million, or 78 cents a share, compared with $63.0 million, or $1.24 a share, a year earlier...
* USA - Marten Transport, Ltd. Announces Third Quarter Financial and Operating Results
Mondovi,Wis,USA -PRNewswire-FirstCall -October 22, 2007 -- Marten Transport, Ltd. announced today its financial and operating results for the quarter ended Sept. 30, 2007... For the third quarter ended Sept. 30, 2007, net income decreased to $3.1 million, or 14 cents per diluted share, from $6.7 million, or 31 cents per diluted share, for the same quarter of 2006... For the nine-month period of 2007, net income decreased to $12.0 million, or 55 cents per diluted share, from $19.3 million, or 88 cents per diluted share, for the 2006 period...
posted by Unknown @ 5:53 AM
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