- AMR Corp ........
(parent of both American Airlines & TWA) DOWN with 3rd quarter
net loss of US$525M before special items, or loss of US$3.40 per share.
- Atlantic Container Line ........
UP with a 48.8% increase in 3rd-quarter net
income to US$6.0M. Operating income was US$71M , up 10.5%.
- Burlington Northern Santa Fe Corp ........
DOWN with 3rd quarter net income of
US$225M, down 13% from same period 2000.
- Canadian National ........
UP as 3rd-quarter net income rose 11% to US$152.7M.
- China Airlines ........
DOWN as Taiwan's largest air carrier slashed its 2001
pretax profit target by 58% because the attacks on the U.S. had cut into
passenger & cargo traffic and driven up insurance costs.
- C.H. Robinson Worldwide Inc ........
UP as income for 3rd quarter jumped 22.6% to
US$22.6M. Net revenues increased 5.6% to US$118.2M.
- Consolidated Freightways ........
DOWN with 3rd quarter after-tax loss of
US$29.9M, down from a net income of US$1.3M in same period of 2000. Revenue
of US$571.9% fell 3.5%.
- CSX Corp ........
(rail & intermodal) UP with 3rd-quarter net income of US$100M,
up 69% from the same period 2000.
- Evergreen Marine Corp ........
DOWN with a 22% decrease in consolidated revenues
in Aug, compared to same month last year. Consolidated revenue figures for
Evergreen & subsidiary Greencompass Marine S.A. fell to NT $4.2 billion
(US$122M), from NT $5.4 billion in Aug. 2000.
- Forward Air Corp ........
DOWN with 3rd-quarter net income of US$4.1M, 34% lower
than prior-year quarter.
- GATX Rail ........
DOWN with 3rd quarter net income of US$11.0M, down 30.8% from
year-earlier period.
- Geodis (biggest French logistics group) ........
DOWN with 1st half 2001 net loss
of 58 million euro, after 31 million euro profit for 1st half 2000.
- Global Marine Inc. ........
UP with net income almost double for quarter ended
Sept. 30, 2001 of US$62.1M, or US$0.34 per diluted share, on revenues of
US$314M. For corresponding 2000 quarter net income was US$32.3M, or US$0.18
per diluted share, on revenues of US$272M.
- Int'l Shipholding Corp ........
DOWN with 3rd quarter net loss of US$165,000,
compared with net income of US$418,000 for 3rd quarter 2000. Revenue declined
10% to US$74M.
- Mercury Air Group ........
DOWN as 4th quarter net income fell 19.9% to
US$628,000, on revenue of US$119.06M, up 33.5% from the year-earlier period.
- Norfolk Southern Corp ........
DOWN with 3rd-quarter net income of US$79M, down
20% from the 3rd quarter of 2000. Railway operating revenues were US$1.51B,
down 2%. Income from railway operations was US$245M, up 16%.
- Northwest Airlines ........
DOWN with a net loss of US$100M or US$1.18 loss per
share for the 3rd quarter.
- Ryder Systems Inc. ........
DOWN with net loss of US$5.5M in 3rd quarter 2001,
down 145% from same period 2000.
- Singapore Airlines. ........
DOWN as net profits dropped 88% to US$74M for 6
months to end of Sept.
- Union Pacific Corp. ........
UP with net income for 3rd quarter of US$267M, up 4%.
- UPS. ........
DOWN with a 19% drop in net income in 3rd quarter to US$568M.
- USFreightways. .........
DOWN with 3rd quarter net income of US$9.7M, 60% lower
than year-earlier period.
Please click below for other sections:
Our Top Story: In The Wake |
Section A: Section: Trade, Financial & Inland News |
Section B: FF World Air News |
Section C: FF World Ocean News | Section
D: FF in Cyberspace |
Section E: The Forwarder Broker World
The Cargo Letter Correspondents:
Michael S. McDaniel, Esq., Editor
(Countryman & McDaniel).
Cameron W. Roberts, Esq. (Countryman & McDaniel).
Written from wire stories, the Associated Press,
Reuters, Hong Kong Shipping News Lloyds & other world sources.
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