9 21 Consolidated Consolidated NNP 22 33 Freightways Freightways NNP 34 38 Inc. Inc. NNP 39 47 reported report VBD 48 49 a a DT 50 52 77 77 CD 52 53 % % NN 54 58 drop drop NN 59 61 in in IN 62 75 third-quarter third-quarter JJ 76 79 net net JJ 80 86 income income NN 86 87 , , , 88 94 citing cite VBG 95 103 expected expected JJ 104 110 losses loss NNS 111 113 in in IN 114 117 its its PRP$ 118 123 Emery Emery NNP 124 133 Worldwide Worldwide NNP 134 142 shipping ship VBG 143 151 business business NN 151 152 . . . 155 158 The the DT 159 164 Menlo Menlo NNP 165 169 Park Park NNP 169 170 , , , 171 177 Calif. Calif. NNP 177 178 , , , 179 186 company company NN 187 191 said say VBD 192 195 net net NN 196 199 was be VBD 200 201 $ $ $ 201 204 7.4 7.4 CD 205 212 million million CD 212 213 , , , 214 216 or or CC 217 219 22 22 CD 220 225 cents cent NNS 226 227 a a DT 228 233 share share NN 233 234 , , , 235 239 down down RB 240 244 from from IN 245 246 $ $ $ 246 250 32.3 32.3 CD 251 258 million million CD 258 259 , , , 260 262 or or CC 263 265 86 86 CD 266 271 cents cent NNS 272 273 a a DT 274 279 share share NN 279 280 , , , 281 282 a a DT 283 287 year year NN 288 291 ago ago RB 291 292 . . . 293 300 Revenue revenue NN 301 308 totaled total VBD 309 310 $ $ $ 310 314 1.01 1.01 CD 315 322 billion billion CD 322 323 , , , 324 325 a a DT 326 328 43 43 CD 328 329 % % NN 330 338 increase increase NN 339 343 from from IN 344 345 $ $ $ 345 350 704.4 704.4 CD 351 358 million million CD 358 359 , , , 360 370 reflecting reflect VBG 371 374 the the DT 375 382 company company NN 382 384 ’s 's POS 385 396 acquisition acquisition NN 397 399 of of IN 400 405 Emery Emery NNP 406 413 earlier earlier RBR 414 418 this this DT 419 423 year year NN 423 424 . . . 427 433 Profit Profit NNP 434 438 also also RB 439 447 suffered suffer VBD 448 455 because because IN 456 458 of of IN 459 460 “ `` `` 460 467 intense intense JJ 467 468 ” '' '' 469 480 discounting discounting NN 481 483 in in IN 484 487 its its PRP$ 488 497 long-haul long-haul JJ 498 506 trucking trucking NN 507 515 business business NN 515 516 , , , 517 520 the the DT 521 528 company company NN 529 533 said say VBD 533 534 . . . 537 545 Analysts analyst NNS 546 549 had have VBD 550 558 expected expect VBN 559 571 Consolidated consolidate VBN 572 574 to to TO 575 579 post post VB 580 581 a a DT 582 586 slim slim JJ 587 593 profit profit NN 593 594 , , , 595 598 and and CC 599 602 the the DT 603 610 company company NN 610 612 ’s 's POS 613 618 stock stock NN 619 622 was be VBD 623 627 down down RB 628 632 only only RB 633 635 25 25 CD 636 641 cents cent NNS 642 644 to to TO 645 646 $ $ $ 646 651 30.25 30.25 CD 652 654 in in IN 655 658 New New NNP 659 663 York York NNP 664 669 Stock Stock NNP 670 678 Exchange Exchange NNP 679 688 composite composite JJ 689 696 trading trading NN 697 706 yesterday yesterday NN 706 707 . . . 708 709 “ `` `` 709 713 They they PRP 714 718 have have VBP 719 721 to to TO 722 730 continue continue VB 731 733 to to TO 734 741 tighten tighten VB 742 747 their their PRP$ 748 753 belts belt NNS 753 754 , , , 754 755 ” '' '' 756 760 said say VBD 761 766 Craig Craig NNP 767 773 Kloner Kloner NNP 773 774 , , , 775 777 an an DT 778 785 analyst analyst NN 786 788 at at IN 789 796 Goldman Goldman NNP 796 797 , , , 798 803 Sachs Sachs NNP 804 805 & & CC 806 808 Co Co NNP 808 809 . . .