FREYMILLER REGISTERS 4TH-QUARTER LOSS

FREYMILLER REGISTERS 4TH-QUARTER LOSS

Freymiller Trucking Inc. posted a 1991 fourth-quarter loss of $1.9 million on revenue of $22.8 million. This compares with income of $538,000, or 22 cents a share, on revenue of $23.1 million in the same quarter a year earlier, the company reported.

Because of the poor fourth quarter, the motor carrier, based here, lost $1.4 million for the year on revenue of $91.9 million, compared with 1990 earnings of $2.5 million, or 84 cents, on revenue of $85.1 million.The company said its fourth-quarter results, which included a $971,000 charge for refining the way Freymiller estimates the value of its tires, were due primarily to lower equipment utilization because of the continuing recession, higher costs for fuel, parts and wages.