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Earnings

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April 23, 2015 - Industry News

Increased Truck Sales Push Rush Profit Higher

Rush says its aftermarket activity in the energy sector remained steady this quarter, but activity has started to decrease slightly. Photo: Rush Enterprises

A big jump in truck sales helped push profits higher in the first quarter for the network of dealerships under the Rush Enterprises banner.

Tags: Truck Sales, Rush Enterprises, Dealers, Earnings

April 23, 2015 - Industry News

Acquisition Costs Cut Into Forward Air Income

Freight transportation provider Forward Air Corp.'s first quarter profit fell more than 50% from a year earlier on 20% higher revenue.

Tags: Earnings, Forward Air

April 22, 2015 - Industry News

Werner Improves Income 61% in First Quarter

Photo by Evan Lockridge

Werner Enterprises Inc. on Wednesday reported its first quarter net income increased 61% from the same time last year, while total revenue moved just 1% higher.

Tags: Werner Enterprises, Earnings

April 22, 2015 - Industry News

Knight Transportation Quarterly Profit Jumps 55.1%

Net income increased to $29.6 million from $19.1 million in the first quarter of 2014 while earnings per diluted share moved higher to 36 cents from 23 cents.

Tags: Earnings, Knight Transportation

April 21, 2015 - Industry News

Echo Global Buys Command Transportation for $420 Million

Echo Global Logistics Inc. Tuesday announced an agreement to purchase one of the largest privately owned truckload brokers and non-asset based freight transportation providers in the U.S. The company also reported improved Q1 earnings.

Tags: Earnings, Mergers & Acquisitions, Echo Global Logistics

April 21, 2015 - Industry News

Paccar Increases First Quarter Profit 38%

Paccar Inc. reported first quarter earnings of $378.4 million, a 38% gain from the same time a year ago, while net sales and financial services revenue increased 10% to $4.83 billion.

Tags: Paccar, Earnings, Global, DAF, Peterbilt, Kenworth

April 15, 2015 - Industry News

Profit Nearly Doubles for Marten Transport

Photo by Evan Lockridge.

Truckload carrier Marten Transport reported profit in the first quarter of the year nearly doubled from the same time in 2014.

Tags: Earnings, Marten Transport

April 14, 2015 - Industry News

J.B. Hunt Reports Nearly $92 Million Profit

Photo: DangApricot via WIkimedia Commons

J.B. Hunt Transport Services Inc. announced on Tuesday first quarter 2015 net earnings of $91.9 million, or diluted earnings of 78 cents per share, compared to first quarter 2014 net earnings of $68.7 million, or diluted earnings of 58 cents per share.

Tags: J.B. Hunt, Earnings

April 9, 2015 - Industry News

Alcoa Swings to Profit, Predicts Aluminum Wheel Market Growth

Alcoa reported strong profits for the first quarter, saying its transformation "is fully on course," and is bullish about the commercial vehicle market.

Tags: Alcoa, Earnings, Wheels

March 18, 2015 - Industry News

FedEx Profit Leaps More Than 50%

Photo: FedEx Corp.

FedEx Corp. on Wednesday reported a 4% increase in revenue while profit jumped more than 50% in its most recent fiscal quarter.

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

March 13, 2015 - Industry News

Travel Centers of America Profits Surge

Photo: Jim Park

The parent to the truckstop chains TA and Petro reported sharp increases in its profits for the final quarter of last year and for all of 2014.

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

March 10, 2015 - Industry News

Commercial Vehicle Group Moves from Annual Loss to Profit

A supplier of cab-related products and systems for commercial trucks and other vehicles, Commercial Vehicle Group Inc., posted higher profits for the final quarter of 2014 while it moved back into the black for all of last year.

Tags: Commercial Vehicle Group, Earnings

March 9, 2015 - Industry News

Westport Innovations Trims Financial Losses Slightly

Natural gas engine and vehicle manufacturer Westport Innovations Inc. on Monday released earnings for the final quarter of last year and all of 2014 showing it lost less money in both periods while revenue declined.

Tags: Earnings, Cummins Westport, Westport Innovations

March 3, 2015 - Industry News

Navistar International Trims 1st Quarter Loss

Navistar's Lisle, Ill., headquarters. File photo.

Navistar International Corp. announced on Tuesday that it is still losing money, but nowhere near as much as it did a year earlier, thanks to higher sales and lower warranty costs.

Tags: Navistar, Earnings, Equity Markets

March 2, 2015 - Industry News

Clean Energy Fuels Sales Jump

Photo: Evan Lockridge

Despite lower diesel prices potentially making natural gas less attractive as a fuel, Clean Energy Fuels Corp. sold more of its alternative to trucking’s main fuel last year while reporting mixed financial numbers.

Tags: Clean Energy Fuels, Earnings, CNG Fueling Stations, Equity Markets

February 25, 2015 - Industry News

Quality Distribution Sees a Return to Profits

The bulk chemical transportation provider Quality Distribution Inc moved from being in the red to the black in the fourth quarter of last year and for all of 2014.

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

February 24, 2015 - Industry News

Donaldson Profit Falls Slightly in Most Recent Quarter

Donaldson released financial results for its fiscal second quarter ending at the close of January, showing a 14% drop in net earnings despite a small uptick in sales.

Tags: Earnings, Donaldson

February 20, 2015 - Industry News

Universal Truckload Services Profit Slips

The logistics and customized freight transportation provider Universal Truckload Services Inc. has reported earnings showing profits declined slightly in the final quarter of last year and for all of 2014.

Tags: Earnings, Universal Truckload

February 19, 2015 - Industry News

Dana Holding More Than Doubles 4th Quarter Profit

The vehicle component manufacturer Dana Holding Corp. on Thursday reported net income for the final quarter of 2014 more than doubled from the same time a year earlier.

Tags: Dana Holding Corp., Earnings, Quarterly Report

February 18, 2015 - Industry News

XPO Logistics Trims Quarterly Losses

XPO Logistics released financial numbers on Wednesday showing a net loss of $9.9 million for the fourth quarter of 2014, compared with a net loss of $10.6 million for the same period in 2013.

Tags: Earnings, XPO Logistics

February 18, 2015 - Industry News

Goodyear Quarterly Profit Leaps to More Than $2 Billion

Goodyear Tire & Rubber Co. on Tuesday announced its net income in the final quarter of 2014 skyrocketed above the level from the same time a year earlier, hitting $2.13 billion.

Tags: Goodyear, Earnings, Goodyear Tire & Rubber, Tires

February 16, 2015 - Industry News

Radiant Logistics Grows Quarterly Profit

Non-asset based trucking and logistics provider Radiant Logistics Inc. managed to triple its net income during the most recent quarter, but it was still just barely in the black.

Tags: Earnings, Radiant Logistics

February 12, 2015 - Industry News

Rush Enterprises Sets Revenue, Profit Records

Photo: Rush Enterprises

One of the nation’s largest operators of commercial vehicle dealerships in North American said it set several records as it reported financial results this week.

Tags: Truck Sales, Rush Truck Centers, Rush Enterprises, Earnings

February 11, 2015 - Industry News

Forward Air Shows Slight Increase in Profits

Photo: Evan Lockridge

The time-definite trucking and logistics services provider Forward Air Corp. has released figures showing a modest increases in earnings.

Tags: Earnings, Forward Air

February 11, 2015 - Industry News

USA Truck Reports First Full-Year Profit After Five Years of Losses

USA Truck Inc. on Wednesday reported net income of $6.03 million for 2014, its first annual profit following five straight years of losses.

Tags: Earnings, USA Truck

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