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Earnings

1  -  25  of  267

July 26, 2016 - Industry News

Earnings Watch: Hub, C.H. Robinson, Wabash National, Rush Enterprises

The second quarter earnings season continued on Tuesday with companies ranging from a fleet and 3PL to a trailer maker and mega-dealer, with all but one reporting higher earnings than the same time last year.

Tags: Economy, Truck Sales, 3PL, Rush Enterprises, Earnings, Wabash National, C.H. Robinson, Hub Group, Fleet Earnings

July 26, 2016 - Industry News

Paccar Profits Up Despite Slower Truck Sales

UPDATED -- The parent company of truck makers Kenworth and Peterbilt reported an increase in second quarter earnings despite lower revenue, but it's in the red for the first half of the year due to a big fine.

Tags: Earnings, Paccar, Truck Sales

July 21, 2016 - Industry News

Earnings Watch: Daimler Profit Rises 3%, Dana Earnings Fall

Car and truck maker Daimler AG reported a slight increase in its second quarter profit, but it expects significantly lower truck sales for this year. Meanwhile, one supplier is feeling the effects of the slowing North American commercial vehicle market.

Tags: Economy, Detroit Diesel, Freightliner, Western Star, Daimler Trucks, Daimler AG, Dana Holding Corp., Earnings, Daimler Trucks North America

July 19, 2016 - Industry News

Earnings Watch: Volvo Says Net Profit Falls, Announces Fine in EU Probe

The Swedish parent to truck brands Volvo, Mack and others reported its second quarter profit slid from a year ago due to lower sales in many parts of the world and has downwardly revised its expectations in North America.

Tags: Volvo, Economy, Volvo Trucks, Earnings, European Union, Volvo Trucks North America, Global

July 18, 2016 - Industry News

Earnings Watch: J.B. Hunt Improves Second Quarter Profit by 2%

Trucking and intermodal giant J.B. Hunt Transport Services reported its second quarter profit increased just slightly, falling short of Wall Street expectations.

Tags: Economy, 3PL, Intermodal, J.B. Hunt, Earnings, Fleet Earnings, Dedicated Fleets

July 11, 2016 - Industry News

Earnings Watch: Daimler’s Adjusted Earnings Beat Forecasts

The second quarter earnings season got underway on Monday with Daimler AG unexpectedly releasing numbers showing its adjusted earnings in the second quarter of the year are “significantly above market expectations” – but the news did not carry over into its truck operations.

Tags: Economy, Detroit Diesel, Freightliner, Western Star, Daimler Trucks, Daimler AG, Earnings

June 7, 2016 - Industry News

Navistar Reports First Quarterly Profit in 3 Years

Orders for new HX vocational trucks and tractors are already at 70% of what was expected for the entire fiscal year, Navistar said. Photo: Navistar International

Strong parts sales offset slumps in other areas, but softening of the North American truck market will make continued profits doubtful, the company said.

Tags: Navistar, Financial Report, Earnings, Quarterly Report, Quarterly Earnings

May 16, 2016 - Industry News

Earnings Watch: Radiant Logistics Moves Into the Red

The third party logistics and multi-modal transportation services company Radiant Logistics Inc. reported on Monday afternoon it swung from a profit to a loss in the first quarter of the year despite a 54.2% increase in net revenue.

Tags: Economy, Earnings, Radiant Logistics, Fleet Earnings

May 9, 2016 - Industry News

Earnings Watch: TravelCenters Posts Near $10 Million Loss

Lower fuel prices propelled truckstop operator TravelCenters of America from a profit to a loss in the first quarter of the year, but that’s not keeping it from going ahead with expansion plans.

Tags: Fuel Prices, Petro Stopping Centers, Truckstops, Travel Centers of America, Earnings

May 3, 2016 - Industry News

Earnings Watch: Accuride Losses Widen, Cummins Profit Declines

Lower North American truck sales led to lower financials compared to a year ago for two Indiana-based companies.

Tags: Economy, Cummins, Accuride, Earnings

April 29, 2016 - Industry News

Earnings Watch: ABF Parent ArcBest Moves to a First Quarter Loss

The parent to less-than-truckload carrier ABF Freight moved into the red in the first quarter of the year, according to its earnings report released Friday, as many other companies are also reporting weaker performances compared to a year ago

Tags: Economy, Earnings, ABF, ArcBest Corp., Fleet Earnings

April 28, 2016 - Industry News

Earnings Watch: UPS Jumps; YRC Improves; ODFL, Universal Lower

UPDATED -- Another day, another raft of earnings reports on Thursday from the nation’s publicly owned trucking companies. Continuing a trend this first quarter, the companies' numbers are as varied as the services they offer.

Tags: Economy, UPS, Old Dominion Freight Line, Earnings, UPS Freight, Universal Truckload, Fleet Earnings, YRC Worldwide, YRC Freight

April 27, 2016 - Industry News

Earnings Watch: Saia, Patriot, Covenant and Celadon

The wave of first quarter earnings reports from the nation’s publicly owned fleets continued on Wednesday, with three out of four lower than a year earlier due mainly to less freight to move.

Tags: Economy, Celadon Trucking Services, Celadon Group, Covenant Transport, Earnings, Patriot Transportation, Saia, Florida Rock & Tank Lines, Covenant Transportation Group, Fleet Earnings

April 27, 2016 - Industry News

Wabash National Profit Soars Nearly 163% from Year Ago

Photo: Wabash National

Setting new records in a variety of different categories allowed trailer manufacturer Wabash National Corp. to report more than doubled first quarter profit over a year ago.

Tags: Economy, Trailers, Earnings, Wabash National

April 26, 2016 - Industry News

Earnings Watch: Hub Group Leaps, C.H. Robinson Gains, Heartland Slips

Three more companies offering trucking and related services issued first quarter earnings reports on Tuesday, with each reporting very different results.

Tags: Economy, Earnings, C.H. Robinson, Hub Group, Fleet Earnings, Heartland Express

April 26, 2016 - Industry News

Earnings Watch: Paccar Loss; Allison Profit Falls

A European price-fixing investigation led to a first-quarter loss for truck and engine maker Paccar, while Allison Transmission reported lower numbers.

Tags: Kenworth, Paccar, Peterbilt, Allison Transmission, Earnings

April 22, 2016 - Industry News

Earnings Watch: Daimler, Volvo Profits Lower Amid Slower Truck Sales

Earnings for two of the world’s largest truck makers moved lower in the first quarter, according to earnings reports issued Friday.

Tags: Volvo, Economy, Freightliner, Western Star, Truck Sales, Mack Trucks, Daimler AG, Earnings, Daimler Trucks North America, Volvo Trucks North America, Global

April 21, 2016 - Industry News

Earnings Watch: Swift Profits Fall, Forward Air and Marten Improve

UPDATED -- Truckload carrier Swift Transportation Co. saw its net income decline in the first quarter of the year while profit for the time definite surface transportation and logistics provider Forward Air Corp. more than doubled as refrigerated hauler Marten Transport Ltd. reported a boost in two ways.

Tags: Economy, Earnings, Forward Air, Swift Transportation, Fleet Earnings, Marten Transport

April 20, 2016 - Industry News

Earnings Watch: Knight, Landstar and Werner Profits Decline

UPDATED – Three large publicly held trucking fleets reported first quarter earnings on Wednesday with all showing a decline in profits from a year earlier.

Tags: Earnings, Knight Transportation, Landstar System, Fleet Earnings, Werner Enterprises

April 18, 2016 - Industry News

Earnings Watch: J.B. Hunt Profit Increases Nearly 9%

J.B. Hunt Transport Services says its first-quarter profit increased 8.9% from a year earlier as revenue rose by 6%, thanks to volume growth, improved network operations, higher equipment utilization, lower maintenance costs and increased contract pricing.

Tags: Economy, 3PL, Intermodal, Earnings, JB Hunt, Dedicated Fleets, Fleet Earnings

March 8, 2016 - Industry News

Earnings Watch: Navistar Losses Decline, Hit $33 Million

Truck and engine manufacturer Navistar International Corp. on Tuesday surprised many analysts with its announcement that it narrowed its losses more than expected during its most recent fiscal quarter.

Tags: Economy, Navistar, International Trucks, Earnings

February 4, 2016 - Industry News

Earnings Watch: Cummins Profit Sinks, Daimler Soars

Profit for engine maker Cummins fell sharply in the final quarter of last year due to lower global demand, leading it to scale down plans for its new light-duty engines in North America, while Daimler AG saw record profits for 2015,

Tags: Economy, Cummins, Daimler AG, Earnings, Daimler Trucks North America, Global

December 17, 2015 - Industry News

Earnings Watch: Navistar Trims Losses, FedEx Profit Increases

It's looking like a good Christmas for Navistar and FedEx. The truck and engine maker managed to cut back on its losses in its most recent fiscal quarter and likely no longer will have an SEC investigation hanging over its head. Meanwhile, FedEx saw better earnings due to record holiday business.

Tags: Economy, Navistar, Earnings, FedEx, FedEx Freight, FedEx Ground, FedEx Express

November 11, 2015 - Industry News

Earnings Watch: Meritor Reports Loss, Westport Sees More Red Ink

One truck component supplier moved from a profit to a loss in the third quarter of the year while a natural gas engine provider took on more red ink.

Tags: Economy, Meritor, Earnings, Cummins Westport, Westport

October 27, 2015 - Industry News

Earnings Watch: Cummins, Paccar

A major OEM announced it is cutting its workforce even though it’s still well in the black as it released third quarter earnings this week while a truck and engine maker reported continued higher numbers.

Tags: Economy, Kenworth, Cummins, Paccar, Peterbilt, Earnings, Paccar Financial

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