October 22, 2014 - Industry News
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, 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, Earnings, Marten Transport
October 14, 2014 - Industry News
J.B. Hunt Transport Services announced third quarter 2014 net earnings of $102.4 million, or diluted earnings per share of 87 cents compared to third quarter 2013 net earnings of $89.5 million, or 75 cents per diluted share.
Tags: J.B. Hunt, Intermodal, Earnings
September 29, 2014 - Industry News
Swift Transportation has affirmed earlier expectations for a third-quarter performance of 33 cents to 37 cents adjusted earnings per share, saying its driver wage increase is having desired results.
Tags: Earnings, Swift Transportation, Driver Pay, Utilization
September 17, 2014 - Industry News
YRC Freight CEO James Welch said while business in the first half of the year kept pace with its forecast, improvements are taking longer than originally anticipated at the national less-than-truckload carrier.
Tags: Earnings, YRC Worldwide, LTL
Net income totaled $606 million or $2.10 per share, up 37% from last year’s $1.53 per share. Revenue was $11.7 billion, an increase of 6% from the same time a year earlier.
Tags: Earnings, FedEx, Equity Markets
September 15, 2014 - Industry News
The parent company to trucking operations including Covenant Transport and others has issued expectations for its upcoming third quarter financial results.
September 3, 2014 - Industry News
The North Carolina-based operation also affirmed its previously announced expectations for growth in its LTL revenue per hundredweight.
Tags: Old Dominion Freight Line, Freight, Earnings
August 6, 2014 - Industry News
The trucking operation Celadon Group Inc. more than doubled its net income in the second quarter of the year while revenue increased 21.4%.
Tags: Celadon Group, Earnings
July 31, 2014 - Industry News
YRC Worldwide Inc. cut it second quarter net loss to $4.9 million, or 16 cents per share, from $15.1 million, or $1.72 per share, from the same time a year ago.
Tags: Earnings, YRC Worldwide, YRC Freight
The asset-light trucking and logistics service provider, Roadrunner Transportation Systems, has reported a small increase in its second quarter profit while revenue gained 36.6%.
Tags: Roadrunner Transportation, Earnings
“While continuing the work of implementing our turnaround plan, the progress we are making is evident in virtually every area of our business,” said President and CEO John Simone.
Tags: Earnings, USA Truck
Less-than-truckload carrier, Old Dominion Freight Line, posted a 19.1% increase in its second quarter revenue while profit gained by a wider margin.
Tags: Old Dominion Freight Line, Earnings, Panther, ABF, ArcBest Corp.
Trucking company and logistics parent Con-way Inc. has reported second-quarter net income of $53.7 million, or 93 cents per diluted share. This compares to second-quarter 2013 net income of $42.9 million, or 75 cents per diluted share.
Tags: Earnings, Con-Way, Con-way Inc.
July 30, 2014 - Industry News
It totaled nearly $118.6 million compared to almost $111.9 while net revenue increased 10.2% to $521 million for the Minnesota-based company.
Tags: Earnings, C.H. Robinson
July 29, 2014 - Industry News
Profit for package delivery and trucking giant UPS tumbled in the second quarter due to retirement liabilities for some union employees.
Tags: UPS, Earnings, UPS Freight
July 28, 2014 - Industry News
Dry van truckload carrier P.A.M. Transportation Services has reported a sharp upturn in profit for the second quarter of the year despite a small drop in revenue.
Tags: Earnings, P.A.M. Transportation
July 25, 2014 - Industry News
Profit for the trucking company Swift Transportation fell in the second quarter of the year despite an increase in revenue.
Tags: Earnings, Swift Transportation
July 24, 2014 - Industry News
Tennessee-based Covenant Transportation Group said net income totaled $3.8 million, or 25 cents per share, compared with net income of $1.9 million, or 13 cents per share in the second quarter of 2013.
Tags: Covenant Transport, Earnings
July 23, 2014 - Industry News
Trucking company and logistics provider Knight Transportation has reported a second quarter profit showing a 36% increase from the same time a year ago.
Tags: Earnings, Knight Transportation
Landstar System has reported record second quarter net income of $35.9 million, or 80 cents per diluted share, on record revenue of $814 million in the 2014 second quarter.
Tags: Earnings, Landstar
Forward Air has reported operating revenue for the quarter ended June 30, increased 21.3% to $193.9 million from $159.8 million for the same quarter in 2013.
Tags: Earnings, Forward Air
July 22, 2014 - Industry News
Trucking company Heartland Express saw its second quarter net income increase 38.7% compared to the same time a year ago, while revenue skyrocketed 69.3% during the same time.
Tags: Earnings, Heartland Express, Gordon Trucking
July 21, 2014 - Industry News
Trucking and logistics company Werner Enterprises saw its profit slip in the second quarter of the year despite increased revenue.
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