Thursday, July 22, 2010 5:05:11 PM
According to the American Trucking Associations, or the ATA, the over-the-road freighters had a decline due to the weakening demand for freight from manufacturers, construction companies, and retail. From 2008-2009, the US total over-the-road freight declined 23.2%, but the company only declined by 4.6%. This is the result of the company being able to acquire new customers and reducing costs.
The company's initial public offering of stock filed on the NYSE exchange and went public on 12 May 2010. The shares were priced at $14, the low end of the initial price range of $14.00-$16.00. The company raised $146 million by offering 10.6 million shares.
For FY2009 with year ended 31 December 2009, the company reported $450.3 million in revenue, down 16.2% from $537.4 million in revenue for FY2008. Furthermore, the company had a net income of $167,000, an increase from a net loss of $3.8 million.
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM