US. TRANSPORT PROFITS FALL 13 PER CENT

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WASHINGTON, D.C. — The U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) has released a report showing that U.S. transportation industry profits fell 13 per cent from the second quarter to the third of 2000.

The report, in BTS’s monthly Transportation Indicators, says “that in the for-hire transportation industry, the drop in profits took place at the same time income was rising, although at a much slower rate than in the previous quarter.”

Transportation Indicators provides information on more than 60 trends in the areas of safety, mobility, economic growth, the human and natural environment, and national security. The monthly report, which is available at BTS’s web site.

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