Southwest Airlines Co (LUV), the discount airline reported second quarter revenues rose 21% to $3.17 billion from $2.62 billion a year ago. Net income in the quarter rose 23% to $112 million or 15 cents per diluted share compared to net income of $91 million or 12 cents per share a year ago.

Canadian National Railway Corporation (CNI), the rail and related transportation company said second quarter revenues rose 16% to C$2.09 billion from C$1.8 billion a year ago. Net income in the quarter rose 38% to C$534 million or C$1.13 per diluted share compared to net income of C$387 million or 82 cents per share a year ago.

JetBlue Airways Corporation (JBLU), the passenger airline reported second quarter revenues rose 16% to $939 million from $807 million a year ago. Net income in the quarter rose 50% to $30 million or 10 cents per diluted share compared to net income of $20 million or 7 cents per share a year ago.

Union Pacific Corporation (UNP), the Railroads industry reported second quarter revenues rose 27% to $4.18 billion from $3.30 billion a year ago. Net income in the quarter rose 53% to $711 million or $1.40 per diluted share compared to net income of $465 million or 92 cents per share a year ago.

AirTran Holdings, Inc (AAI), the parent of discount carrier AirTran Airways reported second quarter revenues rose 16% to $700.6 million from $603.7 million a year ago. Net income in the quarter fell 84% to $12.4 million or 9 cents per diluted share compared to net income of $78.4 million or 56 cents per share a year ago.

UAL Corporation (UAUA), an airline company reported second quarter revenues rose 28.4% to $5.16 billion from $4.02 billion a year ago. Net income in the quarter rose 875% to $273 million or $1.29 per diluted share compared to net income of $28 million or 19 cents per share a year ago.

Delta Air Lines, Inc (DAL), an airline reported second quarter revenues rose 17% to $8.17 billion from $7.00 billion a year ago. Net income in the quarter was $467 million or 55 cents per diluted share compared to net loss of $257 million or 31 cents per share a year ago.

Landstar System, Inc (LSTR), the freight shipper and warehouser said second quarter revenues rose 30.6% to $641.7 million from $491.2 million a year ago. Net income in the quarter rose 36.3% to $24.4 million or 49 cents per diluted share compared to net income of $17.9 million or 35 cents per share a year ago.

The Greenbrier Companies, Inc (GBX), a railroad equipment supplier reported third quarter revenues fell 13.5% to $211.5 million from $244.4 million a year ago. Net income in the quarter was $4.6 million or 23 cents per diluted share compared to net loss of $51.1 million or $3.04 per share a year ago.