• DATVF.ATLPHL
    1.814
    0.044
    2.5%
  • DATVF.CHIATL
    2.034
    0.018
    0.9%
  • DATVF.DALLAX
    0.921
    0.071
    8.4%
  • DATVF.LAXDAL
    1.502
    -0.092
    -5.8%
  • DATVF.SEALAX
    0.962
    -0.053
    -5.2%
  • DATVF.PHLCHI
    1.091
    -0.038
    -3.4%
  • DATVF.LAXSEA
    2.146
    -0.004
    -0.2%
  • DATVF.VEU
    1.647
    0.009
    0.5%
  • DATVF.VNU
    1.471
    -0.010
    -0.7%
  • DATVF.VSU
    1.211
    -0.011
    -0.9%
  • DATVF.VWU
    1.554
    -0.028
    -1.8%
  • ITVI.USA
    9,682.710
    -15.240
    -0.2%
  • OTRI.USA
    7.700
    -0.010
    -0.1%
  • OTVI.USA
    9,671.310
    -19.300
    -0.2%
  • TLT.USA
    2.730
    0.010
    0.4%
  • WAIT.USA
    156.000
    -2.000
    -1.3%
  • DATVF.ATLPHL
    1.814
    0.044
    2.5%
  • DATVF.CHIATL
    2.034
    0.018
    0.9%
  • DATVF.DALLAX
    0.921
    0.071
    8.4%
  • DATVF.LAXDAL
    1.502
    -0.092
    -5.8%
  • DATVF.SEALAX
    0.962
    -0.053
    -5.2%
  • DATVF.PHLCHI
    1.091
    -0.038
    -3.4%
  • DATVF.LAXSEA
    2.146
    -0.004
    -0.2%
  • DATVF.VEU
    1.647
    0.009
    0.5%
  • DATVF.VNU
    1.471
    -0.010
    -0.7%
  • DATVF.VSU
    1.211
    -0.011
    -0.9%
  • DATVF.VWU
    1.554
    -0.028
    -1.8%
  • ITVI.USA
    9,682.710
    -15.240
    -0.2%
  • OTRI.USA
    7.700
    -0.010
    -0.1%
  • OTVI.USA
    9,671.310
    -19.300
    -0.2%
  • TLT.USA
    2.730
    0.010
    0.4%
  • WAIT.USA
    156.000
    -2.000
    -1.3%
American Shipper

Tropical’s profits fall 15.5%

Tropical’s profits fall 15.5%

   Tropical Shipping’s operating income dropped 15.5 percent to $8.7 million in the second quarter, compared to $10.3 million in the year prior quarter, parent company Nicor Inc. reported on Tuesday.

   The U.S./Caribbean carrier’s second quarter revenue increased 2.4 percent to $94.5 million, from $92.3 million a year ago.

   After six months, Tropical’s operating income was $19 million, down 15.5 percent from $22.5 million in the first half 2005. First half revenue was up 3.8 percent to $189.8 million.

   “Declines in both periods were due primarily to higher operating costs relating to higher transportation-related expenses (including fuel and inland freight costs), employee-related costs and leased equipment,” Nicor said.

   “Partially offsetting these negative factors were increased revenues resulting from higher average rates, offset in part by the impact of lower volumes shipped.”

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