Quality Reports 1Q Loss
Tank truck carrier Quality Distribution reported a first-quarter loss of $95,000 or zero cents a share, compared with earning $4.5 million or 23 cents a year ago.
Revenue dipped to $178.1 million from $178.8 million, the company said late Monday.
The results were impacted by a continuation of the softness in demand from the fourth quarter of last year, but demand picked up modestly in March, Quality said in a statement.
Quality Distribution is ranked No. 34 on the Transport Topics 100 list of U.S. and Canadian for-hire carriers.
