May 5, 2014
The parent to trucking companies Quality Carriers and Boasso America saw its first quarter income drop by 66%.
May 1, 2014
The trucking operation, Arkansas Best, just renamed ArcBest, has reported a first quarter net loss of $2.9 million, or 11 cents per share, compared to a first quarter 2013 net loss of $13.4 million, or 52 cents per share.
Finances for the truck component maker Meritor have turned around compared to a year ago, with it reporting a small profit.
The Arizona-based company reported net income of $12.3 million, or nine cents per diluted share, compared to first quarter 2013 profit of $30.3 million, or 21 cents per diluted share.
Trucking company parent Con-way Inc. has reported 2014 first quarter net income of $12.9 million, or 22 cents per diluted share, compared to first quarter 2013 net income of $14 million, or 25 cents per diluted share, a 7.9% decline.
The parent company to the carrier YRC Freight and others moved to a bigger loss in the first quarter of the year.
April 30, 2014
Profit for truck, engine and carmaker Daimler AG soared in the first quarter of the year, while competitor Volvo has reported a profit following a loss a year ago
The trucking and logistics provider, Celadon Group, reports revenue for the quarter ending March 31 increased 29.1% to $193.2 million from $149.6 million in the March 2013 quarter.
Arkansas-based truckload carrier and logistics provider, USA Truck, cut its net loss from $2.5 million in the first quarter of last year to $1.6 million in the first quarter of this year. This resulted in a diluted loss per share of 15 cents compared to 24 cents during the same time frame.
April 29, 2014
The parent to truck makers Peterbilt and Kenworth, Paccar, has increased first quarter revenue along with net income and is predicting higher sales for the industry overall this year.
April 28, 2014
Georgia-based less-than-truckload carrier Saia reported a downturn in net income while total revenue increased in the first quarter compared to the same time in 2013.
April 24, 2014
Dry-van trucking company PAM Transportation Service has moved back into the black with the release of its first quarter financials.
The asset-light trucking and logistics provider Landstar System has reported record first quarter net income of $27.6 million, or 61 cents per diluted share, on record first quarter revenue of $688 million.
Parcel delivery and trucking giant UPS has reported a lower first quarter profit despite higher revenue, while another major less-than-truckload player hit a record.
April 23, 2014
Iowa-based truckload carrier Heartland Express has reported record operating revenue for the first quarter of the year, but its profit fell 28.4% from the same time a year ago.
April 22, 2014
The largest network of commercial truck dealers in North America saw a drop in its first quarter profit despite a 26.7% gain in its revenue.
Severe weather is being blamed for another downturn in profits by one of the nation’s largest trucking companies in the first quarter of the year.
April 21, 2014
Trucking and logistics provider Forward Air increased revenue the first quarter of the year but income fell compared to the same time in 2013.
April 17, 2014
The trucking operation Hub Group has reported a 22% drop in first quarter income compared to the same time last year while revenue increased 10%.
April 15, 2014
Marten Transport on Tuesday reported net income of $5.3 million, or 16 cents per diluted share, in the first quarter of the year, compared with $7.2 million, or 22 cents per diluted share, in the first quarter of 2013.
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