Boyd Bros.' net income and revenue rises

Oct. 24, 2002
Boyd Bros. Transportation Inc. said today that its third-quarter pre-tax income rose 106% and net income $115, though its operating revenues grew just 2%. Aside from higher comparable operating revenues for the quarter, the company said its interim results reflected a profit rebound that continues the reversal from losses reported in late 2001 and early 2002. "We are very pleased to report another

Boyd Bros. Transportation Inc. said today that its third-quarter pre-tax income rose 106% and net income $115, though its operating revenues grew just 2%. Aside from higher comparable operating revenues for the quarter, the company said its interim results reflected a profit rebound that continues the reversal from losses reported in late 2001 and early 2002. "We are very pleased to report another quarter of strong profitability, continuing the favorable trends we saw last quarter," said president & CEO Gail B. Cooper. He added that both of its divisions, Boyd Bros. and WTI, achieved higher sales and operating income in the third quarter compared with the same period last year.

About the Author

Tim Parry

Tim Parry is a former FleetOwner editor. 

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Boost truck leasing profits with telematics insights! Reduce maintenance costs, improve uptime, and strengthen customer relationships. Learn how data drives success.
This free guide outlines simple steps for hiring and onboarding commercial drivers while ensuring that you meet Regulation Part 391 and maintain fully compliant driver qualification...
Ready to boost fleet efficiency by up to 50%? Learn how AI-powered dispatch and next-gen tech are transforming TMS workflows, improving driver planning, and streamlining operations...
Gain a strategic edge in today’s evolving fleet landscape. Join us to explore how fuel cards are helping fleet managers cut costs, enhance control, and prepare for an electrified...