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TRUCKING INDUSTRY NEWS * USA & Canada
* Quality’s 3Q Income DropsTampa,FL,USA -TTNews -8 Nov 2007: -- Tank truck carrier Quality Distribution said its third-quarter net income plunged to $1.4 million or 7 cents a share, from $38 million or $1.94 a year ago... Revenue rose 1.1% to $192.2 million, the company said late Wednesday...
* Canada - Mullen’s Third-Quarter Income Gains
Canada -TTNews (USA) -7 Nov 2007: -- Canadian transportation firm Mullen Group Income Fund’s third-quarter profit rose to C$38 million or 45 cents a share, from C$32.1 million or 45 cents a year earlier... Revenue fell 4.4% to C$261.3 million, Mullen said late Tuesday...
Canada -TTNews (USA) -7 Nov 2007: -- Canadian transportation firm Mullen Group Income Fund’s third-quarter profit rose to C$38 million or 45 cents a share, from C$32.1 million or 45 cents a year earlier... Revenue fell 4.4% to C$261.3 million, Mullen said late Tuesday...
* USA - Express-1 Reports Lower 3Q Earnings
Buchanan,MI,USA --TTNews -8 Nov 2007: -- Express-1 Expedited Solutions said Thursday it earned $499,000 or 2 cents a share in the third quarter, down from with $905,000 or 3 cents last year... The ground expedited carrier’s revenue rose 23.1% to $13.4 million... Most of the income decline was related to a provision for current taxes during the 2007 period, the company said in a statement...
* USA - Bill Davis Trucking Files Bankruptcy
Batesville,Ark,USA -TTNews -7 Nov 2007: -- Bill Davis Trucking, a truckload carrier, filed for protection from creditors under Chapter 11 of the U.S. Bankruptcy Act on Oct. 22... The company said the move was necessitated by an injury accident and a lawsuit filed against the company... Davis founded the trucking company with his wife, Gail, in 1975...
* Canada - Clarke Inc.’s freight segment enjoys Q3 gains
Halifax,NS,Canada -Truck News, by James Menzies- 7 Nov 2007: -- Clarke Inc. reported its third quarter earnings yesterday, announcing gains in its freight transportation sector thanks to improved intermodal operations... The third quarter was the income fund’s best ever, the company reported...
* Trimac acquires Ontario-based petroleum hauling business
Calgary,ALB,Canada -Truck News, by Adam Ledlow -8 Nov 2007: -- Trimac Transportation Services Limited Partnership has completed the purchase of the petroleum hauling business and related assets of Stan Fergusson Fuels based in eastern Ontario. The purchase price for the business was $4.1 million and includes a fleet of 17 tractors and 17 trailers with annual revenues of approximately $5.6 million...
* USA - Laufer Trucking Buys Hartford Industrial for $1 Million
Hartford,WI,USA - CoStar, by James Lutz -November 7, 2007: -- Laufer Trucking Co. Inc., of Hartford, WI, purchased 343 Grant St. in Hartford from Midas Inc., of Itasca, IL, for $1.1 million, or about $5.91 per square foot... The 186,000-square-foot industrial building, on 15.49 acres in the Hartford Industrial Park, offers 18 loading docks, five drive-ins, four cranes and heavy power...
posted by Unknown @ 4:21 AM
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