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Earnings

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February 3, 2015 - Industry News

Heartland Fourth Quarter Profit Jumps 36%, Reports Record Annual Revenue

Photo: Evan Lockridge

The trucking company Heartland Express Inc. on Tuesday announced fourth quarter 2014 earnings showing net income increased 36% from the same time in 2013 totaling $21.5 million.

Tags: Fleets, Earnings, Heartland Express

February 3, 2015 - Industry News

UPS Fourth Quarter Profit Falls

Photo: UPS

Depending on how you look at it, parcel and trucking giant UPS either saw its fourth quarter profit fall a little or a lot compared to a year earlier, thanks to expenses incurred avoiding the previous year's holiday delivery delays.

Tags: UPS, Fleets, Earnings, UPS Freight

February 3, 2015 - Industry News

Eaton Increases Fourth Quarter Profit by 21%

Net income totaled $585 million compared to $482 while earnings per diluted share moved higher to $1.23 from $1.

Tags: Eaton Corp., Earnings

January 30, 2015 - Industry News

Paccar Profit Passes $1.3 Billion Mark

Photo: Paccar

The truck and engine manufacturer Paccar Inc. on Friday reported record annual revenues of $18.99 billion and net income of $1.36 billion for 2014.

Tags: Kenworth, Paccar, Peterbilt, Earnings

January 30, 2015 - Industry News

Saia Posts Significant Increase in Fourth Quarter Profit

Photo: Saia

The less-than-truckload and logistics services provider Saia Inc. on Friday reported a significant hike in its fourth quarter net income, totaling $13.6 million compared to $8.1 million a year earlier.

Tags: Fleets, Earnings, Saia

January 30, 2015 - Industry News

Werner Profit Rises by 48%

Photo: Evan Lockridge

Net income totaled $32.7 million while revenue increased 7% to $553.2 million. Earning per diluted share were up 49% to 45 cents.

Tags: Werner Enterprises, Fleets, Earnings

January 29, 2015 - Industry News

Landstar Posts Higher Quarterly Profit

Photo: Evan Lockridge

The trucking operation Landstar System Inc. reported record quarterly revenue on Thursday as part of its fourth quarter earnings release.

Tags: Fleets, Earnings, Landstar System

January 28, 2015 - Industry News

Celadon Profit Skyrockets Almost 67%

Photo: Evan Lockridge

The Indiana-based trucking operation Celadon Group Inc. on Wednesday reported a near 67% increase in its net profit during its fiscal second quarter ending with the close last December.

Tags: Fleets, Earnings, Swift Transportation

January 28, 2015 - Industry News

Meritor Profit Surges Despite Weaker Sales

Truck component manufacturer Meritor Inc. on Wednesday reported quarterly financial results showing a big increase in profit despite a small drop in sales.

Tags: Meritor, Earnings

January 28, 2015 - Industry News

Knight Transportation Net Income Leaps 64%

Photo: Knight Transportation

Trucking company Knight Transportation Inc. has reported significant increases in net income and revenue for the final quarter of last year and for all of 2014.

Tags: Fleets, Earnings, Knight Transportation

January 27, 2015 - Industry News

Marten Transport Reports Record Quarterly Income, Revenue

Marten Transport Ltd. on Tuesday reported its highest net income and operating revenue for any quarter in its history.

Tags: Fleets, Earnings, Marten Transport

January 26, 2015 - Industry News

Intermodal Rail Shipments Help Norfolk Southern See Record Yearly Profit

Photo: Norfolk Southern

Intermodal rail movements help propel the railroad Norfolk Southern Corp. toward achieving record net income for 2014, according to figures it released on Monday.

Tags: Railroads, Intermodal, Earnings, Norfolk Southern

January 23, 2015 - Industry News

UPS Lowers Financial Expectations

Photo: UPS

Trucking and parcel delivery giant UPS on Friday announced it expects fourth quarter 2014 earnings to be lower that earlier forecast.

Tags: UPS, Earnings, Delivery Fleets

January 22, 2015 - Industry News

Covenant Transport Parent Earnings Jump

The parent to Covenant Transport and other trucking companies, Covenant Transportation Group Inc., has reported big jumps in both its fourth quarter and 2014 profits.

Tags: Covenant Transport, Earnings, Covenant Transportation Group

January 22, 2015 - Industry News

J.B. Hunt Profits Increase

J.B. Hunt Transport Services Inc. announced on Thursday increases in fourth quarter 2014 and full year net earnings.

Tags: Fleets, Earnings, JB Hunt

January 14, 2015 - Industry News

Wabash National Raises Expectations

Photo: Wabash National

The trailer manufacturer Wabash National Corp. on Wednesday updated and raised guidance it previously provided ahead of releasing its fourth quarter and 2014 earnings.

Tags: Earnings, Wabash National

January 13, 2015 - Industry News

Intermodal Contributes to Record CSX Railroad Earnings, Revenue

Photo: CSX Facebook page

CSX Corp. on Tuesday announced record fourth-quarter 2014 net earnings of $491 million, a 15% increase from $426 million for the same period last year, due in part to highway-to-rail freight conversions.

Tags: Railroads, Intermodal, Earnings, CSX

January 13, 2015 - Industry News

Dana CEO Retiring Next Year, Preliminary Earnings Released

The parent to truck component manufacturer Dana Spicer, Dana Holding Corp., on Tuesday announced President and CEO Roger J. Wood has told the company's board of directors he plans to retire in April 2016, after five years of leadership at the company.

Tags: Dana Holding Corp., Earnings, Dana Spicer

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

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