January 13, 2015 - Industry News
CSX Corp. on Tuesday announced record fourth-quarter 2014 net earnings of $491 million, a 15% increase from $426 million for the same period last year, due in part to highway-to-rail freight conversions.
Tags: Railroads, Intermodal, Earnings, CSX
December 17, 2014 - Industry News
Trucking and package delivery giant FedEx Corp. on Wednesday reported a big jump in profit for its fiscal year second quarter.
Tags: Fleets, Earnings, FedEx, FedEx Freight
December 11, 2014 - Industry News
Trucking holding company Covenant Transportation Group has announced it expects to report fourth quarter earnings well above the level from a year earlier due to a big gain in revenue.
Tags: Covenant Transport, Fleets, Earnings, Covenant Transportation Group
November 17, 2014 - Industry News
The parent of trucking companies Covenant Transport and others said it expects big improvement when its fourth quarter earnings are released and plans a public stock offering.
November 14, 2014 - Industry News
The trucking, parcel and logistics service provider expects earnings per share to increase next year by 10% to 15% from 2014 to between $5.45 to $5.70.
Tags: UPS, Fleets, Earnings
November 6, 2014 - Industry News
Bulk and chemical logistics provider Quality Distribution Inc. has reported a 9.7% increase in revenue in the third quarter of the year compared to a year ago while earning increased by an even wider margin.
Tags: Fleets, Earnings, Quality Distribution, Quality Carriers, Boasso America
November 3, 2014 - Industry News
Transportation and logistics provider USA Truck Inc. has announced earnings for the third quarter of the year showing its most profitable quarter in eight years and its second straight quarterly profit.
Tags: Fleets, Earnings, USA Truck
Trucking and logistics holding company ArcBest Corp. has reported improved third quarter 2014 results, reflecting business growth at ABF Freight and all of its emerging companies.
Tags: Fleets, Earnings, ABF, ArcBest Corp.
Trucking and logistics provider Roadrunner Transportation Systems reported record revenue and operating income for the third quarter.
Tags: Fleets, Roadrunner Transportation, Earnings, LTL, Truckload
October 31, 2014 - Industry News
Trucking operation YRC Worldwide turned its business around in the third quarter of the year, going from a $44.1 million net loss a year ago to a net profit of $1.2 million.
Tags: Fleets, Earnings, YRC Worldwide, YRC Freight
October 30, 2014 - Industry News
Less-than-truckload carrier Old Dominion Freight Line Inc. has announced a 29.5% increase in third quarter net income totaling $77.9 million.
Tags: Old Dominion Freight Line, Fleets, Earnings
Revenue for the quarter increased 10.5% to $193.4 million from $175.1 million a year earlier. Freight revenue, which excludes fuel surcharges, increased 11.1% to $157.7 million.
Tags: Celadon Group, Fleets, Earnings
The trucking operation Con-way Inc. has reported 2014 third-quarter net income of $45.6 million, or 78 cents per diluted share.
Tags: Con-way Freight, Fleets, Earnings, Con-way Truckload, Con-way Inc.
October 28, 2014 - Industry News
Dry-van truckload carrier P.A.M. Transportation Services reported record profit in the third quarter of the year, more than doubling from the same time a year ago to $5.1 million.
Tags: Fleets, Earnings, PAM Transport
The mainly less-than-truckload carrier Saia inc. has reported an increase in its third quarter profit due to significant gains in tonnage and shipments.
Tags: Fleets, Earnings, Saia
October 27, 2014 - Industry News
Profit and earnings for truckload carrier Heartland Express shot up in the third quarter of the year compared to the same time in 2013, as loads turned down were the highest since before the Great Recession.
Tags: Fleets, Earnings, Heartland Express
October 24, 2014 - Industry News
With year-over-year profitability improvements in its truckload, intermodal and refrigerated segments, Swift Transportation saw its net income surge to $50.2 million in the third quarter, compared to $30 million a year ago.
Tags: Fleets, Earnings, Swift Transportation
Net income during the period was $16.7 million compared to $14.2 million in the prior-year quarter or 54 cents per diluted share compared with 46 cents per diluted share.
Tags: Fleets, Earnings, Forward Air
Higher package volume and growth in distribution and UPS Freight business led UPS Inc. to an upswing in third-quarter earnings compared to a year ago.
Tags: UPS, Fleets, Earnings, UPS Freight, LTL
October 23, 2014 - Industry News
The Illinois-based operation reported income of $4.5 million compared to $18.6 million in the third quarter of 2013 with diluted earnings per share of 12 cents compared to 50 cents a year earlier.
Tags: Fleets, Earnings, Hub Group
Freight transportation provider Landstar System has reported record third quarter net income of $36.8 million, or 82 cents per diluted share, on record revenue of $819 million.
Tags: Fleets, Earnings, Landstar System
October 22, 2014 - Industry News
With strong demand and tight capacity continuing, Knight Transportation's third-quarter profits are up more than 66% over a year ago, thanks to higher revenue per tractor and per loaded mile and fewer empty miles.
Tags: Fleets, Earnings, Knight Transportation
The decline was not surprising with the company announcing last month it was hit with a multi-million dollar judgment.
Tags: Covenant Transport, Earnings, Covenant Transportation Group
October 21, 2014 - Industry News
According to Werner, freight market dynamics began showing year-over-year improvement for the company in mid-November 2013, and that trend has continued for the last eleven months, including the first three weeks of October.
Tags: Werner Enterprises, Fleets, Earnings
October 15, 2014 - Industry News
Trucking company Marten Transport Ltd. has reported net income of $7.7 million, or 23 cents per diluted share, for the third of the year, down slightly from $8 million, or 24 cents per diluted share, from the same time a year ago.
Tags: Intermodal, Fleets, Earnings, Marten Transport
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