December 17, 2015 - Industry News
It's looking like a good Christmas for Navistar and FedEx. The truck and engine maker managed to cut back on its losses in its most recent fiscal quarter and likely no longer will have an SEC investigation hanging over its head. Meanwhile, FedEx saw better earnings due to record holiday business.
Tags: Economy, Navistar, Earnings, FedEx, FedEx Freight, FedEx Ground, FedEx Express
November 11, 2015 - Industry News
One truck component supplier moved from a profit to a loss in the third quarter of the year while a natural gas engine provider took on more red ink.
Tags: Economy, Meritor, Earnings, Cummins Westport, Westport Innovations
October 23, 2015 - Industry News
One truck maker has reported its third quarter profit doubled and is considering the sale of its used truck business while one of the nation’s largest trucking fleets has reported new records for the period in several areas.
Tags: Economy, Volvo Trucks, Mack Trucks, Earnings, Landstar System, Fleet Earnings
October 22, 2015 - Industry News
Daimler AG, Dana and Rush Enterprises all saw weaker third-quarter financials compared to a year ago, thanks in part to the recession in Brazil and the downturn in the North American oil and gas industry.
Tags: Economy, Daimler Trucks, Daimler AG, Dana Holding Corp., Rush Enterprises, Earnings, Daimler Trucks North America
September 2, 2015 - Industry News
Navistar International Corp. on Wednesday reported its financial losses widened during its fiscal third to $28 million, or a loss of 34 cents per diluted share.
Tags: Navistar, Earnings, International Trucks
July 28, 2015 - Industry News
Truck engine manufacturer Cummins increased both second quarter revenue and net income, while truck and engine maker Paccar reported record quarterly net income.
Tags: Economy, Cummins, Earnings, Paccar, Peterbilt, Kenworth
July 23, 2015 - Industry News
Earnings season continued on Thursday, with results reported by the world’s largest truck manufacturer along with results from one component supplier and a major owner-operator trucking company.
Tags: Economy, Daimler Trucks, Daimler AG, Dana Holding Corp., Earnings, Dana, Landstar System, Fleet Earnings
July 21, 2015 - Industry News
Two freight transportation providers, Forward Air and Hub Group, along with dealer group Rush Enterprises, saw second quarter earnings drop.
Tags: Economy, Rush Truck Centers, Rush Enterprises, Earnings, Forward Air, Hub Group, Truck Dealers, Fleet Earnings
July 14, 2015 - Industry News
Marten Transport Ltd. on Tuesday reported a 5.4% increase in net income to $8.4 million, or 25 cents per diluted share, for the second quarter of the year.
Tags: Earnings, Marten Transport, Fleet Earnings
May 7, 2015 - Industry News
The trucking company Quality Distribution Inc. has reached an agreement to be acquired by the private investment fund Apax Partners.
Tags: Earnings, Quality Distribution, Mergers & Acquisitions, Quality Carriers, Boasso America
May 5, 2015 - Industry News
USA Truck turned its finances around in the first three months of the year, reporting a profitable first quarter for the first time since 2007.
Tags: Earnings, USA Truck
May 4, 2015 - Industry News
Freight transportation and logistics provider, XPO Logistics Inc., announced it had narrowed its first quarter loss while it has reached an agreement to purchase Bridge Terminal Transport Services Inc.
Tags: Earnings, Mergers & Acquisitions, XPO Logistics, Bridge Terminal Transport
ArcBest Corp. on Monday announced it was back in the black during the first quarter for the first time in seven years, reporting first quarter net income of $700,000 or 3 cents per share.
Tags: Earnings, Panther, ABF, ArcBest Corp.
April 30, 2015 - Industry News
Old Dominion Freight Line saw first quarter net income increase 36.3% from a year earlier, totaling $62.5 million, driven by expansion in its market share and a new record in first-quarter operating ratio for the LTL carrier.
Tags: Old Dominion Freight Line, Earnings
April 29, 2015 - Industry News
Con-way Inc. on Wednesday announced first-quarter 2015 net income surged to $21.8 million, or 37 cents per diluted share, from $12.9 million, or 22 cents per diluted share a year earlier.
Tags: Con-way Freight, Earnings, Con-way Truckload, Con-way Inc.
The mainly less-than-truckload carrier Saia Inc. saw its first quarter profit move higher, according to its earnings report released Wednesday.
Tags: Earnings, Saia, LTL
April 28, 2015 - Industry News
Truckload carrier Celadon Group Inc., reported its profit in the first quarter of the year more than doubled from the same time a year ago.
Tags: Celadon Trucking Services, Earnings
Profit for package delivery and trucking giant UPS Inc. increased 12.6% in the first quarter from the same time in 2014.
Tags: UPS, Earnings, UPS Freight, LTL
April 27, 2015 - Industry News
Swift Transportation Co. tripled its net income in the first quarter of the year, totaling $37.8 million, or diluted earnings per share of 26 cents, compared to $12.3 million, or 9 cents per share a year earlier.
Tags: Earnings, Swift Transportation
April 24, 2015 - Industry News
The holding company for trucking companies Covenant Transport and others moved to a profit from a loss in the first quarter of the year.
Tags: Earnings, Covenant Transportation Group
Landstar System reported record first quarter diluted earnings per share of 67 cents on record first quarter revenue of $762 million.
Tags: Earnings, Landstar System
April 23, 2015 - Industry News
Freight transportation provider Forward Air Corp.'s first quarter profit fell more than 50% from a year earlier on 20% higher revenue.
Tags: Earnings, Forward Air
April 22, 2015 - Industry News
Werner Enterprises Inc. on Wednesday reported its first quarter net income increased 61% from the same time last year, while total revenue moved just 1% higher.
Tags: Werner Enterprises, Earnings
Net income increased to $29.6 million from $19.1 million in the first quarter of 2014 while earnings per diluted share moved higher to 36 cents from 23 cents.
Tags: Earnings, Knight Transportation
April 21, 2015 - Industry News
Echo Global Logistics Inc. Tuesday announced an agreement to purchase one of the largest privately owned truckload brokers and non-asset based freight transportation providers in the U.S. The company also reported improved Q1 earnings.
Tags: Earnings, Mergers & Acquisitions, Echo Global Logistics
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