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To: Lizzie Tudor who wrote (63432)6/19/1999 9:57:00 PM
From: Glenn D. Rudolph  Respond to of 164684
 
ROSEMONT, Ill., June 16 (Reuters) - Trucking and logistics
company USFreightways Corp. USFC.O said Wednesday it expects
its second quarter net earnings will equal or exceed 90 cents
per diluted share, well above the current analysts' consensus.
A report by market research firm First Call on Wednesday
put the analysts' consensus estimate for the quarter, which is
due to end on July 3, at 79 cents.
"All of our business units - regional LTL, logistics,
freight forwarding and truckload have shown improvement over
the same period of last year," said chairman and chief
executive officer Cam Carruth.
"In particular, USF Holland, USF Reddaway and USF Logistics
have recorded results exceeding original forecasts," he added.
USFreightways shares were up 1-6/16 at 42-15/16.



REUTERS
Rtr 13:51 06-16-99

Copyright 1999, Reuters News Service