- Credits
- 472
Fourth Quarter 2016 Compared to Fourth Quarter 2015 Results
2016 Results Compared to 2015 Results
- Revenues were $300.2 million, a 4.4% increase despite one less workday
- Operating income decreased 2.4% to $17.2 million
- Net income fell 9.1% to $10.3 million
- Diluted earnings per share were $0.40 compared to $0.45
- Operating ratio deteriorated by 40 basis points to 94.3
- LTL shipments per workday increased 2.1%
- LTL tonnage per workday increased 1.4%
- LTL revenue per hundredweight increased 5.1%
2016 Results Compared to 2015 Results
- Revenues were essentially flat at $1.2 billion
- Operating income fell by 12.0% to $79.1 million
- Net income of $48.0 million was 12.7% lower than the prior year
- Diluted earnings per share were $1.87 versus the $2.16 earned in 2015
- Operating ratio of 93.5 compares to 92.6 last year
- LTL shipments were down 0.7%
- LTL tonnage declined 2.4%
- LTL revenue per hundredweight increased 3.2%