AEIC provides cargo transportation logistics management, including international air and ocean freight forwarding, customs brokerage and warehousing and distribution services worldwide. For the three months ended 3/98, revenues rose 6% to $372.4 million. Net income rose 14% to $9.7 million. Results reflect increased number of international shipments and total weight of cargo shipped. Earnings also benefitted from income from equity investments.
Shares Outstanding 34.8M
Float 26.1M
Daily Volume (3-month avg) 215.8K
06/22/98 Close: 25 13/16
More information on Yahoo: quote.yahoo.com
Company website: aeilogistics.com
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