July 29, 2014 - Industry News
Peterbilt and Kenworth parent, Paccar, reported increased revenues and net income for the second quarter of 2014.
Tags: Kenworth, Paccar, Peterbilt, Earnings, Paccar Financial, Paccar Parts
Profit for package delivery and trucking giant UPS tumbled in the second quarter due to retirement liabilities for some union employees.
Tags: UPS, Fleets, Earnings, UPS Freight
July 28, 2014 - Industry News
Dry van truckload carrier P.A.M. Transportation Services has reported a sharp upturn in profit for the second quarter of the year despite a small drop in revenue.
Tags: Fleets, Earnings, P.A.M. Transportation
Truck engine manufacturer Cummins has reported results for the second quarter of 2014, showing revenue of $4.8 billion increased 7% from the same quarter in 2013.
Tags: Cummins, Earnings
July 25, 2014 - Industry News
Profit for the trucking company Swift Transportation fell in the second quarter of the year despite an increase in revenue.
Tags: Fleets, Earnings, Swift Transportation
July 24, 2014 - Industry News
Dana Holding Corp. saw sales and net income fall in the second quarter compared to a year ago, as stronger production levels in the North American light- and commercial-vehicle markets were tempered by slowing demand in South America and India.
Tags: Dana Holding Corp., Earnings
Tennessee-based Covenant Transportation Group said net income totaled $3.8 million, or 25 cents per share, compared with net income of $1.9 million, or 13 cents per share in the second quarter of 2013.
Tags: Covenant Transport, Fleets, Earnings
July 23, 2014 - Industry News
Net income hit $19.8 million, or 49 cents per diluted share, compared to $5.6 million, or 14 cents per diluted share from the same time a year ago.
Tags: Truck Sales, Rush Enterprises, Earnings
Trucking company and logistics provider Knight Transportation has reported a second quarter profit showing a 36% increase from the same time a year ago.
Tags: Fleets, Earnings, Knight Transportation
Landstar System has reported record second quarter net income of $35.9 million, or 80 cents per diluted share, on record revenue of $814 million in the 2014 second quarter.
Tags: Fleets, Earnings, Landstar
German truck and automaker Daimler AG reported Wednesday that it’s third quarter underlying profit, along with earnings, both increased in the second quarter of the year.
Tags: Daimler Trucks, Daimler AG, Earnings, Daimler Trucks North America
Forward Air has reported operating revenue for the quarter ended June 30, increased 21.3% to $193.9 million from $159.8 million for the same quarter in 2013.
Tags: Fleets, Earnings, Forward Air
July 22, 2014 - Industry News
Trucking company Heartland Express saw its second quarter net income increase 38.7% compared to the same time a year ago, while revenue skyrocketed 69.3% during the same time.
Tags: Fleets, Earnings, Heartland Express, Gordon Trucking
July 21, 2014 - Industry News
Volvo Group, the parent of Volvo Trucks North America, has been ordered to pay penalties and interest of approximately $74.1 million to the U.S. Environmental Protection Agency regarding emission compliance of the company’s marine diesel engines.
Tags: Volvo, Volvo Trucks, U.S. EPA, Earnings, Litigation, Emissions
Trucking and logistics company Werner Enterprises saw its profit slip in the second quarter of the year despite increased revenue.
Tags: Werner Enterprises, Fleets, Earnings
July 15, 2014 - Industry News
Primarily refrigerated freight hauler Marten Transport on Tuesday reported an increase in net income to $7.9 million, or 24 cents per diluted share, in the second quarter of the year.
Tags: Marten Transport, Fleets, Earnings
J.B. Hunt Transport Services announced Tuesday second quarter 2014 net earnings of $93.4 million, or diluted earnings per share of 79 cents, compared to second quarter 2013 net earnings of $87.7 million, or 73 cents per diluted share, a 6.5% increase.
Tags: J.B. Hunt, Fleets, Earnings
June 18, 2014 - Industry News
FedEx has reported its fiscal fourth quarter results showing net income increased to $730 million, or $2.46 per share, compared with $679 million, or $2.13 per share, from the same time a year ago.
Tags: Fleets, Earnings, FedEx, FedEx Freight, FedEx Ground
June 9, 2014 - Industry News
Truck and engine maker Navistar International has reported a fiscal second quarter net loss of $297 million, or $3.65 per diluted share, compared to a fiscal second quarter 2013 net loss of $374 million, or $4.65 per diluted share.
Tags: Navistar, Earnings
May 5, 2014 - Industry News
The parent to trucking companies Quality Carriers and Boasso America saw its first quarter income drop by 66%.
Tags: Fleets, Earnings, Quality Distribution
May 1, 2014 - Industry News
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.
Tags: Fleets, Earnings, Arkansas Best, Panther, ABF, ArcBest Corp.
Finances for the truck component maker Meritor have turned around compared to a year ago, with it reporting a small profit.
Tags: Meritor, Earnings
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.
Tags: Con-way Freight, Fleets, Earnings, Con-way Truckload, Con-way Inc.
The parent company to the carrier YRC Freight and others moved to a bigger loss in the first quarter of the year.
Tags: Fleets, Earnings, Teamsters, YRC Worldwide, YRC Freight
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