11:36 AM EST - TransForce Inc. : reports its second-quarter net income decreased to $17.98 million or $0.21 per share from $19.28 million or $0.22 per share in the year-earlier period. Excluding the after-tax effect of the non-recurring conversion-related costs of $9.9 million recorded in the second quarter of 2008, net income for the second quarter of 2008 was $29.2 million. Total revenues were down to $454.17 million from $595.64 million in the comparable period. Revenue excluding fuel surcharges decreased 14% to $847.0 million from $983.6 million in the same period of 2008. TransForce Inc.
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