Reply
 
Thread Tools Display Modes

Old 10-26-2007   #1
    Railroad revenue rising, but trucking companies aren’t doing as well
Moosin' Around
 
Bullwinkle's Avatar
 
Join Date: Feb 2007
Posts: 2,267
Railroads and truckers move freight that fuel the nation’s economy, but in the face of an economic slowdown, railroads are doing well while trucking companies are in a skid.

That was evidenced by earnings announcements of two prominent area transportation companies Thursday, Kansas City Southern and YRC Worldwide Inc.

Kansas City Southern beat investor expectations in its third quarter, showing sharp increases in both its earnings and revenues. The company’s stock was up 68 cents in trading Thursday, closing at $37.24 a share.

more...
Bullwinkle is offline  
Digg this Post!
Reply With Quote
Reply

Bookmarks

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
GE introduces VeriWise™ technology to help Mexico trucking companies monitor and secu Staff Trucking Industry News and Issues 0 06-13-2007 02:31 PM
Trucking companies don't have enough drivers for the long haul Staff Trucking Industry News and Issues 0 03-25-2007 12:58 PM
Mexico's largest trucking companies balk at new U.S. regulations Staff Trucking Industry News and Issues 0 03-05-2007 08:50 PM