• ITVI.USA
    15,861.160
    -7.510
    0%
  • OTLT.USA
    2.793
    0.019
    0.7%
  • OTRI.USA
    21.460
    -0.010
    0%
  • OTVI.USA
    15,867.600
    -6.080
    0%
  • TSTOPVRPM.ATLPHL
    2.950
    -0.570
    -16.2%
  • TSTOPVRPM.CHIATL
    3.610
    0.650
    22%
  • TSTOPVRPM.DALLAX
    1.370
    -0.240
    -14.9%
  • TSTOPVRPM.LAXDAL
    3.550
    0.210
    6.3%
  • TSTOPVRPM.PHLCHI
    2.320
    0.220
    10.5%
  • TSTOPVRPM.LAXSEA
    4.110
    0.250
    6.5%
  • WAIT.USA
    126.000
    0.000
    0%
  • ITVI.USA
    15,861.160
    -7.510
    0%
  • OTLT.USA
    2.793
    0.019
    0.7%
  • OTRI.USA
    21.460
    -0.010
    0%
  • OTVI.USA
    15,867.600
    -6.080
    0%
  • TSTOPVRPM.ATLPHL
    2.950
    -0.570
    -16.2%
  • TSTOPVRPM.CHIATL
    3.610
    0.650
    22%
  • TSTOPVRPM.DALLAX
    1.370
    -0.240
    -14.9%
  • TSTOPVRPM.LAXDAL
    3.550
    0.210
    6.3%
  • TSTOPVRPM.PHLCHI
    2.320
    0.220
    10.5%
  • TSTOPVRPM.LAXSEA
    4.110
    0.250
    6.5%
  • WAIT.USA
    126.000
    0.000
    0%
American Shipper

CNF POSTS RECORD FIRST-QUARTER PROFIT

CNF POSTS RECORD FIRST-QUARTER PROFIT

   CNF Transportation posted record first-quarter net income, as increased
profit by Con-Way Transportation Services and Menlo Logistics more than
offset a decline by Emery Worldwide.
   The parent company’s net income jumped to $40.3 million from $16.9
million. The results included a $16.5-million one-time gain from a legal
settlement.
   Operating income, including that one-time gain, rose 84 percent to $82.6
million. Revenue rose 15 percent to $1.26 billion.
   Con-Way, CNF’s trucking unit, posted a 7-percent increase in operating
revenue to $53.9 million, as revenue increased 10 percent to $433.4
million. Menlo’s operating income rose 20 percent to $4.6 million on a
34-percent increase in revenue to $160.6 million.
   Emery had first-quarter operating income of $3.6 million, down 53
percent, while revenue rose 1 percent to $529.4 million. The company cited
declines in air-freight volume and revenue.

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