Total Logistics nets nice numbers in 3Q

Total Logistics Inc has recorded third-quarter 2004 net earnings of $2,136,000, an increase of 36.2% compared with net earnings of $1,568,000 in the same period of 2003. Consolidated revenues reported for the third quarter advanced 30.4% to $92,727,000. Both the logistics and product segments revenues were strong, rising by 33.5% and 21.3%, respectively, over the corresponding period in 2003.

Net earnings for the nine months ended Sept 30, 2004, were $5,086,000, a 92.1% surge from the comparable period a year earlier. Revenues were $253,332,000 — a 25.1% gain — driven by solid growth at both Total Logistic Control (TLC) and Zero Zone.