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грузовые перевозки в европестатистика / за границу
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Chairman and CEO Steve Russell commented on the quarter: "We are pleased with the Company's results for the September 2005 quarter. The September quarter reflected accelerating profitability through improved freight mix, higher average freight revenue per mile, lower maintenance costs as a consequence of reduced average age of equipment and continued success in driver retention. Freight demand was good during the quarter. In addition, we believe industry capacity continues to be constrained by the ongoing driver shortage, as well as by the financial constraints that high fuel prices place on many small to mid-sized carriers that lack buying power and adequate fuel surcharge programs. These factors contributed to a 7.3% increase in average freight revenue per loaded mile, to $1.48 in the September 2005 quarter from $1.38 in the same quarter last year. Average freight revenue per tractor per week improved 3.9%, to $2,976 from $2,864.
Revenue for the quarter increased 12.9% to $117.9 million in the 2005 quarter from $104.4 million in the 2004 quarter. Freight revenue, which excludes fuel surcharges, was up 5.3% to $103.3 million in the 2005 quarter from $98.1 million in the 2004 quarter. Net income increased 67.9% to $4.7 million in the 2005 quarter from $2.8 million for the same quarter last year. Diluted earnings per share improved by 66.7% to $0.45 in the 2005 quarter from $0.27 for the same quarter last year. The September quarter marked the highest earnings per share in the history of the Company.
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