Overnite Transportation Co., Richmond, VA, reports net income for 1999 of $28.5 million on record revenue of $1.06 billion, compared to 1998 net income of $40.5 million, before accounting adjustments.
For the fourth quarter, revenues were $259.3 million, while net income was $1 million for the quarter, compared to $11.6 million for the same period in 1998.