October 31, 2014
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.
October 30, 2014
Less-than-truckload carrier Old Dominion Freight Line Inc. has announced a 29.5% increase in third quarter net income totaling $77.9 million.
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.
The trucking operation Con-way Inc. has reported 2014 third-quarter net income of $45.6 million, or 78 cents per diluted share.
October 28, 2014
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.
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.
October 27, 2014
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.
October 24, 2014
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.
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.
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.
October 23, 2014
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.
Daimler AG, the German parent of Daimler Trucks North America, has reported higher third quarter profit and revenue, with record Mercedes-Benz auto sales and a booming North American truck market being partially offset by lower sales in other parts of the world.
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.
October 22, 2014
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.
The decline was not surprising with the company announcing last month it was hit with a multi-million dollar judgment.
October 21, 2014
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.
October 15, 2014
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.
October 14, 2014
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.
September 29, 2014
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.
September 17, 2014
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.
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