Central Transport | Vitran Reports Continued Improvement With 2010 Second Quarter Results

[Jeff]

http://www.marketwatch.com/story/vi...arter-results-2010-07-22?reflink=MW_news_stmp

itran reported a 293% increase in net income to $1.7 million, or $0.11 per diluted share, on revenues of $179.0 million for the quarter ended June 30, 2010. In the comparable 2009 three-month period, the Company achieved net income of $0.4 million, or $0.03 per diluted share on revenue of $158.7 million. The majority of the consolidated increases in revenue and profitability were driven by significant improvements in the LTL segment.

 

[speedracer21]

sounds like vitran drivers will start getting their five percent back soon and also will be getting paid for hooking and unhooking sets

 

[Scotty425]

[quote author=speedracer21 link=topic=82394.msg851687#msg851687 date=1280201154]
sounds like vitran drivers will start getting their five percent back soon and also will be getting paid for hooking and unhooking sets
[/quote]
And don't forget:detention pay for being held for hours at other terminals. We should get that personal day back too. And we'll go back to the better insurance plan...

 

[phukvitran]

wish in one hand, and sh!t in the other!! i doubt we will ever get the 5% back..insurance??? ha what is that? ive been waiting since 11/09 for insurance.....so good luck

 

[simple723]

Don't forget we need the 401k back and to unfreeze the pay raises.

 

[VIJAX RACER]

[quote author=phukvitran link=topic=82394.msg857538#msg857538 date=1281546245]
wish in one hand, and sh!t in the other!! i doubt we will ever get the 5% back..insurance??? ha what is that? ive been waiting since 11/09 for insurance.....so good luck
[/quote]

If you have been working full time since 11/09 and have no insurance, that would be your fault.

 

[simple723]

Vitrans stocks have fallen to the $8.76, I guess we won't be getting anything.