July 23, 2014 - Industry News
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.
Tags: Fleets, Earnings, Swift Transportation
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
April 30, 2014 - Industry News
Profit for truck, engine and carmaker Daimler AG soared in the first quarter of the year, while competitor Volvo has reported a profit following a loss a year ago
Tags: Volvo, OEM, Volvo Trucks, Detroit Diesel, Freightliner, Western Star, Mack Trucks, Daimler Trucks, Daimler AG, Earnings, Daimler Trucks North America
The trucking and logistics provider, Celadon Group, reports revenue for the quarter ending March 31 increased 29.1% to $193.2 million from $149.6 million in the March 2013 quarter.
Tags: Celadon Group, Fleets, Celadon, Earnings
Arkansas-based truckload carrier and logistics provider, USA Truck, cut its net loss from $2.5 million in the first quarter of last year to $1.6 million in the first quarter of this year. This resulted in a diluted loss per share of 15 cents compared to 24 cents during the same time frame.
Tags: Covenant Transport, Fleets, Earnings, USA Truck
April 29, 2014 - Industry News
The parent to truck makers Peterbilt and Kenworth, Paccar, has increased first quarter revenue along with net income and is predicting higher sales for the industry overall this year.
Tags: Kenworth, Paccar, Peterbilt, Earnings, OEM
April 28, 2014 - Industry News
Georgia-based less-than-truckload carrier Saia reported a downturn in net income while total revenue increased in the first quarter compared to the same time in 2013.
Tags: Fleets, Earnings, Saia
April 24, 2014 - Industry News
Dry-van trucking company PAM Transportation Service has moved back into the black with the release of its first quarter financials.
Tags: Fleets, Earnings, PAM Transport
The asset-light trucking and logistics provider Landstar System has reported record first quarter net income of $27.6 million, or 61 cents per diluted share, on record first quarter revenue of $688 million.
Tags: Fleets, Earnings, Landstar
Parcel delivery and trucking giant UPS has reported a lower first quarter profit despite higher revenue, while another major less-than-truckload player hit a record.
Tags: UPS, Old Dominion Freight Line, Fleets, Earnings, UPS Freight
April 23, 2014 - Industry News
Iowa-based truckload carrier Heartland Express has reported record operating revenue for the first quarter of the year, but its profit fell 28.4% from the same time a year ago.
April 22, 2014 - Industry News
The largest network of commercial truck dealers in North America saw a drop in its first quarter profit despite a 26.7% gain in its revenue.
Tags: Truck Sales, Rush Enterprises, Dealers, Earnings
Severe weather is being blamed for another downturn in profits by one of the nation’s largest trucking companies in the first quarter of the year.
We offer e-newsletters that deliver targeted news and information for the entire fleet industry.
The expert, Mark Betner from Citgo will answer your questions Ask a question
Video:60 Minutes Report on Crumbling Infrastructure
Detroit Assurance: Collision Mitigation, Assisted Braking, Better MPG
Unsung Documentary Series: Baker Trucking
Ultimate Test Drive Video: SuperTruck A Walk Around
East Manufacturing Releases Scale Model Tractor-Dump Trailer
Minimizer Offers Decorated Bracket Kits
Kenworth Cabover Options Expand Applications
SKF Offers Extended Warranty on Wheel End Products