April 28, 2015 - Industry News
Cummins Inc. reported its first quarter profit increased 14% from the same time a year ago, totaling $387 million, driven by stronger demand in on-highway markets and distributor acquisitions in North America.
Tags: Cummins, Earnings, Engines
April 27, 2015 - Industry News
Swift Transportation Co. tripled its net income in the first quarter of the year, totaling $37.8 million, or diluted earnings per share of 26 cents, compared to $12.3 million, or 9 cents per share a year earlier.
Tags: Earnings, Swift Transportation
Truck component supplier Accuride Corp. nearly broke even the first quarter of the year after losing more money a year earlier.
Tags: Accuride, Earnings, Wheels, Gunite
April 24, 2015 - Industry News
The holding company for trucking companies Covenant Transport and others moved to a profit from a loss in the first quarter of the year.
Tags: Earnings, Covenant Transportation Group
Landstar System reported record first quarter diluted earnings per share of 67 cents on record first quarter revenue of $762 million.
Tags: Earnings, Landstar System
April 23, 2015 - Industry News
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
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 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
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 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
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
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 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 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 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
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
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
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 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
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
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 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
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
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 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
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