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IN BRIEF / TRANSPORTATION

Roadway's Profit

July 03, 2002|Reuters

Jumps 41% in Quarter

Roadway Corp. said second-quarter profit rose 41% to $5.67 million, or 30 cents a share, as shipping volumes recovered and pricing held steady. Revenue was up 8.6% to $697.1 million.

Analysts on average were expecting earnings of 25 cents.

Shares of the Akron, Ohio, company, operator of general hauler Roadway Express, fell 69 cents to $35.01 on Nasdaq.

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