May 3, 2013
Cummins Inc. reported first quarter revenues of $3.9 billion decreased 12% from the first quarter of 2012.
Revenues in North America declined by 15% and international revenues declined by 10% as the company experienced weaker demand in most major geographies and end markets.
Con-way Inc. reported 2013 first-quarter net income of $14 million, or 25 cents per diluted share. The results compare to first-quarter 2012 net income of $25.6 million, or 46 cents per diluted share.
April 30, 2013
Arkansas Best Corp. reported a first quarter 2013 net loss despite continued encouraging trends in its emerging businesses.
Year-over-year revenue and tonnage growth at LTL carrier ABF Freight System, Inc., were offset by higher wage and benefit costs for employees represented by the International Brotherhood of Teamsters.
Meritor Inc. reported financial results for its second fiscal quarter ended March 31, 2013, which included that its sales were $908 million, down $252 million or 22 percent, from the same period last year.
April 29, 2013
Saia Inc. reported improved first quarter 2013, which include revenues which total $274 million, an increase of 1.9%.
Celadon Group Inc. reported its financial and operating results for the three months ended March 31, 2013, the third fiscal quarter of the company's fiscal year ending June 30, 2013.
Revenue for the quarter decreased 2.4% to $149.6 million in the 2013 quarter from $153.3 million in the 2012 quarter. Freight revenue decreased 1.9% to $118.7 million in the 2013 quarter from $121 million in the 2012 quarter.
March 7, 2013
Citing significant progress in its turnaround plan and announcing a smaller first-quarter loss than it had a year ago, Navistar International has named Troy Clarke president and chief executive officer, with interim CEO Lewis Campbell stepping down April 15.
February 22, 2013
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.
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.
February 14, 2013
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.
February 10, 2013
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.
February 7, 2013
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.
Several equipment makers released their latest financials this week, with some showing signs of slowing sales and concerns about the future and others at the opposite end of the spectrum. That was the sentiment coming from Cummins, Wabash National, Daimler and Volvo.
February 4, 2013
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.
February 1, 2013
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.
January 23, 2013
Wisconsin-based Marten Transport has reported its highest income for any quarter as well as any year in its history
We offer e-newsletters that deliver targeted news and information for the entire fleet industry.
The expert, Mark Betner from Citgo will answer your questions Ask a question
Mack Rolls Out New Spring Suspension for TerraPro
Bridgestone Introduces Two New Radial Tires for Heavy-Duty, Urban Use
Oliver Rubber Introduces New Regional All Position Retread
PressurePro Announces Product Upgrades On Intelligent Monitor
American Force Wheels Announces the "King"
Remove Love Bugs and Other Insects from Your Trucks