Fleet Management

financials

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January 7, 2014 - Industry News

YRC Worldwide Looking to Borrow More Than $1 Billion to Stay Afloat

The financially troubled parent of several trucking companies, including YRC Freight, hopes to borrow $1.15 billion to refinance its debt, according to Bloomberg News.

Tags: Fleet Financing, Fleets, financials, Teamsters, YRC Worldwide

October 30, 2013 - Industry News

Saia Third Quarter Profit Jumps 34%

Photo: Evan Lockridge

Multi-regional, less-than-truckload carrier Saia has reported third-quarter revenue of $293 million, an increase of 5.4% from the same time in 2012.

Tags: Fleets, financials, Saia

February 22, 2013 - Industry News

Quality Distribution Posts Larger Yearly Profit, P.A.M. Transportation Back In The Black

Bulk chemical hauler, Quality Distribution, has released numbers showing it increased profit in 2012 compared to the year before, while the dry van truckload carrier, P.A.M. Transportation, posted a profit last year compared to a loss in 2011.

Tags: financials, P.A.M. Transportation, Quality Distribution

February 22, 2013 - Industry News

Dana Posts Record Yearly Profit, Goodyear Profit Shrinks

Supplier to the trucking business and other sectors, Dana Holding Corp. has released financials showing record income last year, despite sales slipping, while the tire maker, Goodyear, reported lower numbers for the same periods.

Tags: Goodyear, Dana Holding Corp., financials

February 14, 2013 - Industry News

Rush Enterprises Reports Fourth Quarter and Year-End Results

Rush Enterprises Inc., which operates the largest network of commercial vehicle dealerships in North America, reported record annual revenues of $3.1 billion compared to $2.6 billion in 2011 and net income of $62.5 million, or $1.57 per diluted share, up 11% over the previous year.

Tags: Rush Enterprises, financials

February 10, 2013 - Industry News

YRC Reports Positive Numbers For A Change

The parent of trucking companies YRC Freight and others, YRC Worldwide, has posted its first positive yearly numbers in six years, but things overall still need improvement in order to forget the company coming close to bankruptcy more than once in recent years.

Tags: Fleet Financials, LTL, YRC, Fleets, financials

February 7, 2013 - Industry News

Con-way, ODFL, Roadrunner Report Financial Results

Three more carriers released their earnings reports. Con-way's fourth quarter profit took a big decline but was up for the year, while Roadrunner Transportation broke through the $1 billion revenue barrier in 2012 and Old Dominion Freight Line posted record numbers.

Tags: Fleet Financials, Old Dominion Freight Line, Roadrunner Transportation, financials, Con-Way

February 4, 2013 - Industry News

Paccar Announces Fourth Quarter Revenues and Profits

Paccar reported record revenues for 2012 and its 74th consecutive year of net profit. Paccar’s annual revenues of $17.05 billion were the highest in company history and the $1.11 billion of net income was the fourth best in its history.

Tags: PACCAR, Revenues, financials

February 1, 2013 - Industry News

Covenant Reports Positive 2012 and Fourth Quarter, Compared to Year-Ago Losses

Covenant Transportation Group, Chattanooga, Tenn., saw its revenue rise nearly 10% over last year's fourth quarter and its net income turn positive compared to a loss.

Tags: Fleet Financials, Fleets, Owner-Operators, financials, Covenant, teams

January 23, 2013 - Industry News

Marten Transport Reports Record Profits

Wisconsin-based Marten Transport has reported its highest income for any quarter as well as any year in its history

Tags: Fleets, financials, Marten

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