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4/26/2012 8:50:00 AM Write a Letter to the Editor Write a letter to the Editor

Pacer Reports First-Quarter Loss


Dan De Los Monteros for TT

Pacer International said Thursday it posted a first-quarter loss after turning a profit in the same quarter a year ago.

Pacer lost $300,000, or 1 cent per share, compared with a profit of $2 million, or 6 cents, a year ago.

Revenue declined 3.5% to $345.9 million, the transportation and third-party logistics firm said.

Intermodal revenue improved 1.9% to $284.9 million.

Logistics revenue dropped 22.7% to $61.1 million.

By Transport Topics

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