RYDER SYSTEM POSTS
DECLINE IN INCOME
MIAMI - Ryder System Inc. earned $23.5 million, or 30 cents a share, on revenue of $1.04 billion in the third quarter.
This compares with income of $27.4 million, or 34 cents a share, on revenue of $1.01 billion the company reported in the same period a year earlier. The 1993 results include a tax adjustment of $9.4 million.
Ryder's vehicle leasing division posted revenue of $913,269, up from $865,920, while its automotive carrier unit had revenue of $132,900, down from $143,054.
FORMER USSR GETTING
NEW AIRLINE COMPUTERS
WASHINGTON - Air travelers in most of the former Soviet Union will enjoy a modern computerized reservation system costing $135 million, thanks to a loan guaranteed by the U.S. government's Export-Import Bank.
International Business Machines Corp. will sell computers, software and services for the system along with AMRIS of Dallas. The buyer is International Technology Corp. of Moscow, owned by successors to Aeroflot, the Soviet airline. U.S. interests hold 12 percent of the corporation's stock.
The first installation will be in Moscow and is due to be completed by mid- February 1997. Four centers established later in other key cities will cost an additional $35 million.
WOMAN BOOKED FOR USING
AMTRAK VICTIMS' CARDS
KENNER, La. - A suburban New Orleans woman went on a shopping spree with stolen credit cards and some traveler's checks belonging to two women who died in the worst accident in Amtrak history, police said.
Dawn Taylor, 31, of Kenner, was booked Tuesday night on two counts of unauthorized use of a credit card and 32 counts of forgery, said Sgt. Steve Carraway of the Kenner Police Department.