Transport Corp. of America’s Income Rises for 3Q

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ruckload carrier Transport Corp. of America said Tuesday its second-quarter earnings rose to $433,000 or 7 cents a share, from $36,000 or 1 cent a year earlier.

The company’s revenue dipped to $64.3 million from $65.7 million in the third quarter of 2004.

“The challenging driver market continues to impede our ability to grow core truckload revenues,” Chief Executive Officer Michael Paxton said in a statement.

He said revenue per tractor per week increased to $3,096, compared with $3,018 a year ago, empty or “deadhead” miles dropped to 10.7% from 11.2% and that the company was focusing on growing its brokerage and intermodal businesses.

ransport Corp. of America is ranked No. 76 on the Transport Topics 100 list of the largest U.S. and Canadian trucking companies.