“UPS Freight has returned to profit this quarter,

Discussion in 'YRC Freight' started by Jay C, Jul 22, 2010.

  1. Jay C

    Jay C Banned

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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.”


    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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