January 7, 2014 - Industry News
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: Fleets, financials, Teamsters, YRC Worldwide, Fleet Financing
October 30, 2013 - Industry News
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
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
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 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
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
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 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 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
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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