Fleet Management

Simon Transportation Reports Third Quarter Losses

July 21, 2000

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Rising fuel costs continue to hamper Simon Transportation Services’ ability to maintain a profit.

The Salt Lake City-based trucking company announced its fiscal third quarter results Friday. Revenues for the third quarter increased 13.7% to $60.9 million, compared with $53.6 million last year. Net loss was $267,000 or 4 cents per diluted share for the quarter.

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