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 Updated: 11/4/2009 9:00:00 AM

Quality’s 3Q Profit Improves from a Year Ago

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Tank truck carrier Quality Distribution reported a third-quarter profit of $1.4 million, or 7 cents per share, up from $700,000, or 4 cents, a year ago.

Total revenue fell to $162.8 million, from $214.7 a year ago. Transportation revenue excluding fuel surcharges fell to $120.4 million, from $144.8 million.

The company said last month it sold its Quala Systems tank wash unit for $13.5 million.

Quality Distribution is ranked No. 34 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.

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