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Earnings

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December 17, 2014 - Industry News

FedEx Increases Quarterly Profit 23%

Trucking and package delivery giant FedEx Corp. on Wednesday reported a big jump in profit for its fiscal year second quarter.

Tags: Fleets, Earnings, FedEx, FedEx Freight

December 16, 2014 - Industry News

Navistar Cuts Quarterly Loss by More Than Half

Navistar International Corp. on Tuesday announced it had cut its fiscal fourth quarter loss by more than half from the same time a year ago, while also reducing its loss for the entire fiscal year.

Tags: Navistar, Earnings

December 11, 2014 - Industry News

Covenant Transportation Projects Larger Fourth Quarter Earnings

Trucking holding company Covenant Transportation Group has announced it expects to report fourth quarter earnings well above the level from a year earlier due to a big gain in revenue.

Tags: Covenant Transport, Fleets, Earnings, Covenant Transportation Group

November 17, 2014 - Industry News

Covenant Expects Higher Earnings, Plans Stock Offering

The parent of trucking companies Covenant Transport and others said it expects big improvement when its fourth quarter earnings are released and plans a public stock offering.

Tags: Covenant Transport, Fleets, Earnings, Covenant Transportation Group

November 14, 2014 - Industry News

UPS Outlines Financial Goals for 2015 and Beyond

The trucking, parcel and logistics service provider expects earnings per share to increase next year by 10% to 15% from 2014 to between $5.45 to $5.70.

Tags: UPS, Fleets, Earnings

November 6, 2014 - Industry News

Quality Distribution Profit Moves Higher

Bulk and chemical logistics provider Quality Distribution Inc. has reported a 9.7% increase in revenue in the third quarter of the year compared to a year ago while earning increased by an even wider margin.

Tags: Fleets, Earnings, Quality Distribution, Quality Carriers, Boasso America

November 3, 2014 - Industry News

Accuride Reports Positive Earnings for Second Consecutive Quarter

Accuride introduced a new lightweight line of aluminum wheels this year.

The strong commercial truck market has helped Accuride Corp. to a second profitable quarter in a row, with a number of analysts upgrading their advice on the company's stock.

Tags: Wheels, Accuride, Earnings

November 3, 2014 - Industry News

USA Posts Biggest Profit in Eight Years

Transportation and logistics provider USA Truck Inc. has announced earnings for the third quarter of the year showing its most profitable quarter in eight years and its second straight quarterly profit.

Tags: Fleets, Earnings, USA Truck

November 3, 2014 - Industry News

ArcBest Profit Leaps by 40%

Trucking and logistics holding company ArcBest Corp. has reported improved third quarter 2014 results, reflecting business growth at ABF Freight and all of its emerging companies.

Tags: Fleets, Earnings, ABF, ArcBest Corp.

November 3, 2014 - Industry News

Roadrunner Transportation Profit Inches Higher

Trucking and logistics provider Roadrunner Transportation Systems reported record revenue and operating income for the third quarter.

Tags: Fleets, Roadrunner Transportation, Earnings, LTL, Truckload

October 31, 2014 - Industry News

YRC Worldwide Moves from Third Quarter Loss to Profit

Photo: Evan Lockridge

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.

Tags: Fleets, Earnings, YRC Worldwide, YRC Freight

October 30, 2014 - Industry News

ODFL Reports Record Third Quarter Earnings, Revenue

Less-than-truckload carrier Old Dominion Freight Line Inc. has announced a 29.5% increase in third quarter net income totaling $77.9 million.

Tags: Old Dominion Freight Line, Fleets, Earnings

October 30, 2014 - Industry News

Celadon Profit Increases More Than 21%

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.

Tags: Celadon Group, Fleets, Earnings

October 30, 2014 - Industry News

Con-way Profit Soars During Third Quarter

The trucking operation Con-way Inc. has reported 2014 third-quarter net income of $45.6 million, or 78 cents per diluted share.

Tags: Con-way Freight, Fleets, Earnings, Con-way Truckload, Con-way Inc.

October 28, 2014 - Industry News

P.A.M. Transportation Records Record Earnings

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.

Tags: Fleets, Earnings, PAM Transport

October 28, 2014 - Industry News

Saia Profit Shoots Up More Than 26%

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.

Tags: Fleets, Earnings, Saia

October 27, 2014 - Industry News

Heartland Express Profit Increases 43%

Photo: Evan Lockridge

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.

Tags: Fleets, Earnings, Heartland Express

October 24, 2014 - Industry News

Swift Third-Quarter Profit Surges

Photo: Evan Lockridge

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.

Tags: Fleets, Earnings, Swift Transportation

October 24, 2014 - Industry News

Forward Air Third Quarter Income Higher

Photo: Evan Lockridge

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.

Tags: Fleets, Earnings, Forward Air

October 24, 2014 - Industry News

UPS Grows Third Quarter Profit

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.

Tags: UPS, Fleets, Earnings, UPS Freight, LTL

October 23, 2014 - Industry News

Hub Group Profit Posts Big Decline

Photo: Evan Lockridge

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.

Tags: Fleets, Earnings, Hub Group

October 23, 2014 - Industry News

Daimler Profit Up, North American Truck Sales Jump 25%

Daimler AG's headquarters in Germany. Photo: Daimler AG

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.

Tags: Daimler Trucks, Daimler AG, Earnings, Global

October 23, 2014 - Industry News

Landstar Reports Record Profit, Revenue; Forecasts Higher Numbers

Photo: Evan Lockridge

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.

Tags: Fleets, Earnings, Landstar System

October 22, 2014 - Industry News

Knight Transportation Profit Leaps More Than 66%

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.

Tags: Fleets, Earnings, Knight Transportation

October 22, 2014 - Industry News

Covenant Transportation Group Profit Falls Slightly

The decline was not surprising with the company announcing last month it was hit with a multi-million dollar judgment.

Tags: Covenant Transport, Earnings, Covenant Transportation Group

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