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Earnings

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January 22, 2014 - Industry News

Marten Transport Reports Record Annual Income

Photo: Evan Lockridge

Refrigerated trucking company Marten Transport has reported the highest net income for any year in its history.

Tags: Fleets, Earnings, Marten Transport

August 9, 2013 - Industry News

Arkansas Best Second Quarter Profit Shrinks, Reports Loss for First Half of 2013

Arkansas Best, has reported second quarter 2013 net income but continued to sustain losses for the first six months of the year as costs for salaries, wages and benefits at less-than-truckload carrier subsidiary ABF Freight System, offset improving revenue...

Tags: Fleet Financials, Earnings, Arkansas Best, Teamsters, Panther, ABF

May 6, 2013 - Industry News

USA, FFE, Covenant, P.A.M. Report First Quarter Losses, Patriot Boosts Profit

Several mainly truckload fleets have released first quarter results, with USA Truck and Frozen Food Express reporting narrower losses from a year ago, while Covenant Transport’s widened, P.A.M. Transportation went from a profit to a loss, and Patriot Transportation showed a bigger profit.

Tags: Covenant Transport, Earnings, USA Truck, Patriot Transportation, P.A.M. Transportation, Frozen Food Express, FFE, Fleet Financials

December 19, 2012 - Industry News

Navistar Reports $2.8 billion Fourth Quarter Loss

The first ProStar equipped with the Cummins ISX15 with selective catalytic reduction rolled off the production line last month.

Navistar International reported a worse fourth-quarter loss than expected, thanks in part to a spike in warranty costs along with the weakened truck demand affecting all truck makers. The Lisle, Ill.-based truck and engine maker reported a fourth quarter 2012 net loss of $2.8 billion, or $40.13 per diluted share, compared to fourth quarter 2011 net income of $255 million, or $3.48 per diluted share.

Tags: Industry, Navistar, Earnings

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