May 6, 2015
According to the Florida-based company this was the result of an “intangible asset impairment charge” of just over $2 million, with an with an after tax impact to net income of $1.265 million, relating to its November 2013 purchase of Pipeline Transportation.
May 5, 2015
USA Truck turned its finances around in the first three months of the year, reporting a profitable first quarter for the first time since 2007.
May 4, 2015
Freight transportation and logistics provider, XPO Logistics Inc., announced it had narrowed its first quarter loss while it has reached an agreement to purchase Bridge Terminal Transport Services Inc.
ArcBest Corp. on Monday announced it was back in the black during the first quarter for the first time in seven years, reporting first quarter net income of $700,000 or 3 cents per share.
April 30, 2015
Old Dominion Freight Line saw first quarter net income increase 36.3% from a year earlier, totaling $62.5 million, driven by expansion in its market share and a new record in first-quarter operating ratio for the LTL carrier.
April 29, 2015
Con-way Inc. on Wednesday announced first-quarter 2015 net income surged to $21.8 million, or 37 cents per diluted share, from $12.9 million, or 22 cents per diluted share a year earlier.
The mainly less-than-truckload carrier Saia Inc. saw its first quarter profit move higher, according to its earnings report released Wednesday.
April 28, 2015
Truckload carrier Celadon Group Inc., reported its profit in the first quarter of the year more than doubled from the same time a year ago.
Profit for package delivery and trucking giant UPS Inc. increased 12.6% in the first quarter from the same time in 2014.
Cummins Inc. reported its first quarter profit increased 14% from the same time a year ago, totaling $387 million, driven by stronger demand in on-highway markets and distributor acquisitions in North America.
April 27, 2015
Swift Transportation Co. tripled its net income in the first quarter of the year, totaling $37.8 million, or diluted earnings per share of 26 cents, compared to $12.3 million, or 9 cents per share a year earlier.
Truck component supplier Accuride Corp. nearly broke even the first quarter of the year after losing more money a year earlier.
April 24, 2015
The holding company for trucking companies Covenant Transport and others moved to a profit from a loss in the first quarter of the year.
Landstar System reported record first quarter diluted earnings per share of 67 cents on record first quarter revenue of $762 million.
April 23, 2015
A big jump in truck sales helped push profits higher in the first quarter for the network of dealerships under the Rush Enterprises banner.
Freight transportation provider Forward Air Corp.'s first quarter profit fell more than 50% from a year earlier on 20% higher revenue.
April 22, 2015
Werner Enterprises Inc. on Wednesday reported its first quarter net income increased 61% from the same time last year, while total revenue moved just 1% higher.
Net income increased to $29.6 million from $19.1 million in the first quarter of 2014 while earnings per diluted share moved higher to 36 cents from 23 cents.
April 21, 2015
Echo Global Logistics Inc. Tuesday announced an agreement to purchase one of the largest privately owned truckload brokers and non-asset based freight transportation providers in the U.S. The company also reported improved Q1 earnings.
Paccar Inc. reported first quarter earnings of $378.4 million, a 38% gain from the same time a year ago, while net sales and financial services revenue increased 10% to $4.83 billion.
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