Quality’s 3Q Income Drops
Tank truck carrier Quality Distribution said its third-quarter net income plunged to $1.4 million or 7 cents a share, from $38 million or $1.94 a year ago.
Revenue rose 1.1% to $192.2 million, the company said late Wednesday.
Quality Distribution is ranked No. 35 on the Transport Topics 100 listing of U.S. and Canadian for-hire carriers.
