“UPS Freight has returned to profit this quarter,

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  1. Jay C

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    “UPS Freight has returned to profit this quarter,” chief financial officer Kurt Kuehn said in a conference call Thursday morning. “Freight revenue per hundredweight increased 9%. This will be one of the industry's best results.”

    http://www.ttnews.com/articles/basetemplate.aspx?storyid=24818

    Signs of an economic turnaround have buoyed hopes for a recovery in trucking, although many fleet executives said they remain cautious about adding freight hauling capacity until rates rise enough to cover expected fuel, equipment and regulatory compliance expenses.
     

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