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Return to profitability

Return to profitability

Con-way returns to profitability

   Con-way Inc. said it had second quarter net profit of $33 million, down 34 percent from the same 2008 period, but a turnaround from a $154 million loss in the first quarter of this year.



BNSF profit up despite 26% revenue drop

   Burlington Northern Santa Fe Corp. reported second quarter net profit of $404 million, 15 percent more than in the same 2008 period.



Horizon Lines: Loss reflects legal costs

      Horizon Lines Inc. said it had a second quarter net loss of $31.1 million compared to a profit of $5.8 million in the same 2008 period.



Matson hit by lower container volumes

   Alexander & Baldwin Inc., parent of Matson Navigation reported second quarter net profit of $12.6 million, 57 percent less than it earned the same prior year period.