December 20, 2013 - Industry News
Trucking company Swift Transportation has announced it expects adjusted earnings per share to range between 33 and 36 cents per share for the fourth quarter of 2013, compared to its previous expectation of 40 cents per share.
Tags: Fleets, Earnings, Swift Transportation
December 18, 2013 - Industry News
Trucking and parcel delivery provider FedEx has released second quarter fiscal earnings showing gains in both revenue and profit. FedEx is increasing its forecast of full-year earnings per share growth to 8% to 14% above last year's adjusted results.
Tags: Fleets, Earnings, FedEx, Fleet Financials, LTL
December 4, 2013 - Industry News
The parent to liquid and dry bulk hauler, Florida Rock & Tank Lines, has reported a huge increase in income for its fiscal fourth quarter as well as for its fiscal year.
Tags: Fleets, Earnings, Patriot Transportation
November 6, 2013 - Industry News
The parent to bulk chemical haulers, Quality Carriers and Boasso America, has reported net income of $2.8 million, for the third of the year, down sharply from $8.9 million a year earlier.
Tags: Fleets, Earnings, Quality Distribution
November 5, 2013 - Industry News
XPO Logistics, which provides freight brokerage, expedited transportation and logistics services, has announced financial results for the third quarter showing total revenue was $194 million, a 173.3% increase from the same period in 2012.
Tags: Fleets, Earnings, XPO Logistics
October 31, 2013 - Industry News
Asset-light transportation and logistics service provider, Roadrunner Transportation Systems, reports third quarter net income increased 34% over the prior year quarter to $13.2 million. Revenue for the period increased 30.1% to nearly $110 million from $83.1 million during the same time.
Tags: Fleets, Roadrunner Transportation, Earnings
October 30, 2013 - Industry News
The parent to trucking operations Con-way Freight, Con-way Truckload and Menlo Worldwide Logistics, Con-way Inc. has reported 2013 third-quarter net income of $30.6 million, compared to third-quarter 2012 net income of $25.3 million.
Tags: Fleets, Earnings, Con-Way
October 28, 2013 - Industry News
Long-haul truckload service provider, Celadon Group reports revenue for the third quarter of this year increased 14.2% to $175.1 million from $153.3 million during the same time in 2012 while net income decreased 20.5% to $6.6 million from $8.3 million during the same time
Tags: Fleets, Celadon, Earnings
Echo Global Logistics has reported record total revenue of $234.8 million for the third quarter of the year, up 21.8% from a year ago while net income increased 15% to $4.4 million.
Tags: Fleets, Earnings, Universal Truckload, Pacer International, Echo Global Logistics
Dry van truckload operation, P.A.M. Transportation Service has reported net income of $2.4 million for the third quarter of the year and net income of $4.6 million the first nine-months of the year
Tags: Earnings, P.A.M. Transportation, Fleets
October 24, 2013 - Industry News
The less-than-truckload carrier Old Dominion Freight Line has announced revenue was $616.5 million for the third quarter of this year, a 12.0% increase from $550.5 million for the third quarter of 2012.
Tags: Old Dominion Freight Line, Earnings
October 23, 2013 - Industry News
Profit for Arizona-based Swift Transportation fell in the third quarter of the year despite doing more business.
Tags: Earnings, Swift Transportation, Central Refrigerated Transportation
Truckload carrier Knight Transportation has reported slightly higher third quarter revenue while income is lower from the same time a year earlier.
Tags: Fleets, Earnings, USA Truck, Knight Transportation, Fleet Financials
October 18, 2013 - Industry News
Nebraska-based truckload fleet Werner Enterprises reported a drop in its third quarter profit amid just a slight increase in business, noting that hours of service rules changes that took effect in July negatively impacted miles per truck by 2% to 3%.
Tags: Werner Enterprises, Fleets, Earnings
The parent company of the carrier Covenant Transport and others, Covenant Transportation Group, has announced third quarter net income of $2 million compared with $1 million the same time a year ago. Company officials cited a higher unseated truck percentage and new hours of service regulations as factors.
Tags: Fleets, Fleet Financials, Earnings, Covenant Transport
October 17, 2013 - Industry News
The Arkansas-based fleet USA Truck has improved financial results for the third quarter and the first nine months of the year, with a 13.5% increase in revenue and a much smaller net loss than a year ago.
October 16, 2013 - Industry News
Iowa-based trucking company Heartland Express has reported net income increased $3.4 million to $15.9 million in the third quarter of the year compared to $12.4 million in the 2012 period, a 27.6% increase.
Tags: Fleets, Earnings, Heartland Express
Marten Transport has reported its best profit of any quarter in the company’s history. It improved 22.4% to $8 million, for the third quarter of this year, up from $6.5 million for the third quarter of 2012.
Tags: Fleets, Earnings, Marten Transport
October 15, 2013 - Industry News
J. B. Hunt Transport Services has announced third quarter 2013 net earnings of $89.5 million, compared to third quarter 2012 net earnings of $78.2 million.
Tags: J.B. Hunt, Fleets, Earnings
October 9, 2013 - Industry News
A number of factors negatively impacted the third quarter of 2013, it said in a release, which has resulted in expected earnings below original estimates.
Tags: Fleet Financials, Earnings, Knight Transportation
August 9, 2013 - Industry News
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
August 7, 2013 - Industry News
The parent to several trucking companies, YRC Worldwide, lost money in the second quarter of the year, but not as much when compared to the same time a year ago.
Tags: Fleet Financials, Earnings, YRC Worldwide
July 25, 2013 - Industry News
The multi-service trucking provider Swift Transportation saw an increase in both earnings and revenue during the second quarter of the year. The Arizona-based operation posted a profit of $42.9 million compared to $33.7 million from the same time a year ago.
Tags: Fleet Financials, Earnings, Swift Transportation, Fleets
Asset-light trucking company Landstar System has reported a second quarter downturn in profit and business but expects a pickup in the current quarter.
Tags: Fleet Financials, Earnings, Landstar, Fleets
Less-than-truckload carrier Old Dominion Freight Line has reported a big boost in profit and business for the second quarter of the year as well as the first half of 2013.
Tags: Fleet Financials, Old Dominion Freight Line, Earnings, Fleets
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