Pacer’s Fourth-Quarter Profit Mixed

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Dan De Los Monteros for TT

Transportation and third-party logistics firm Pacer International’s fourth-quarter profit slipped to $20.6 million, from $21.5 million a year ago, but per-share earnings rose to 59 cents a share, from 57 cents a year earlier.

Revenue rose 8% to $540.2 million for the quarter ended Dec. 28, Pacer said late Monday.

For the full year also ended Dec. 28, Pacer’s earnings fell 21% to $54.3 million, or $1.51 per share, from $68.3 million, or $1.80, in 2006.

Pacer International, which runs rail intermodal, less-than-truckload and warehousing operations, is ranked No. 15 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.