Transport Topics Online
The Newspaper of Trucking and Freight Transportation
Welcome  Guest  Log In         
2/21/2013 11:30:00 AM Write a Letter to the Editor Write a letter to the Editor

Quality’s Fourth-Quarter Income Rises

TT File Photo

Tank truck carrier Quality Distribution said its fourth-quarter profit rose from a year ago on stronger energy logistics and intermodal business.

Net income was $5.7 million, or 21 cents per share, compared with $5.5 million, or 22 cents, a year earlier. Revenue rose 20.5% to $215.4 million.

For the full year, Quality earned $50.1 million, or $1.84 per share, compared with $23.4 million, or 96 cents, in 2011. Revenue climbed 13% to $842.1 million.

Revenue from the energy logistics segment rose to $39.1 million from $29.4 million in the prior year. Intermodal segment revenue rose 9.8% to $31.4 million.

Quality Distribution is ranked No. 38 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.

By Transport Topics

Follow Transport Topics on Subscribe to get up to the minute news briefs and more from our feeds. RSS Twitter Twitter Facebook Facebook

© 2013, Transport Topics Publishing Group. All rights reserved.



Follow Us


This free daily newsletter delivers the latest headlines.

TT Executive Suite
This subscriber-only newsletter program tailors your news.



© American Trucking Associations, Inc., All Rights Reserved Privacy Statement