October 31, 2012 / 8:20 PM / 5 years ago

Con-way profit falls on higher costs

Oct 31 (Reuters) - Con-way Inc, a U.S. trucking and logistics company, reported a lower quarterly profit due to higher costs at its less-than-truckload unit.

Net income fell to $25.3 million, or 45 cents per share, in the third quarter, from $29.1 million, or 52 cents per share, a year earlier.

Revenue for the Ann Arbor, Michigan-based company rose 2 percent to $1.40 billion, below the average forecast of $1.44 billion according to Thomson Reuters I/B/E/S.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below