These 10 US Transportation Corps generated Total Adjusted After-tax Net Income or Net Loss of $3,775 mil in the 4Q 2012, down 8% from the 4Q 2011.
These poor earnings results in the key US Transportation industry points to the fact that the US economy is struggling and needs short-term fiscal stimulus. And so where is the obstinate, non-compromising US Congress now headed?.....for just the opposite.....substantial across-the-board, immediate US government cuts.
Below is the Ongoing, Adjusted After-tax Net Income of these 10 US Transportation Corps for both the 4Q 2012 and the 4Q 2011.
| 4Q 2012 | 4Q 2011 | |||
| Non-GAAP | Non-GAAP | |||
| Adjusted | Adjusted | Increase | Increase | |
| Net | Net | (Decrease) | (Decrease) | |
| Company | Income | Income | Amount | % |
| mils of $s | mils of $s | mils of $s | ||
| Transportation | ||||
| United Parcel Service | 1,275 | 1,252 | 23 | 2% |
| Union Pacific | 1,036 | 964 | 72 | 7% |
| CSX | 443 | 457 | (14) | -3% |
| FedEx | 438 | 497 | (59) | -12% |
| Norfolk Southern | 413 | 480 | (67) | -14% |
| Delta Air Lines | 238 | 379 | (141) | -37% |
| CH Robinson | 109 | 109 | 0 | 0% |
| Kansas City Southern | 101 | 85 | 16 | 19% |
| AMR | (88) | (209) | 121 | -58% |
| United Continental | (190) | 109 | (299) | -274% |
| Total all 10 | 3,775 | 4,123 | (348) | -8% |
