November 3, 2014 - Industry News
Transportation and logistics provider USA Truck Inc. has announced earnings for the third quarter of the year showing its most profitable quarter in eight years and its second straight quarterly profit.
Tags: Fleets, Earnings, USA Truck
Trucking and logistics holding company ArcBest Corp. has reported improved third quarter 2014 results, reflecting business growth at ABF Freight and all of its emerging companies.
Tags: Fleets, Earnings, ABF, ArcBest Corp.
Trucking and logistics provider Roadrunner Transportation Systems reported record revenue and operating income for the third quarter.
Tags: Fleets, Roadrunner Transportation, Earnings, LTL, Truckload
October 31, 2014 - Industry News
Trucking operation YRC Worldwide turned its business around in the third quarter of the year, going from a $44.1 million net loss a year ago to a net profit of $1.2 million.
Tags: Fleets, Earnings, YRC Worldwide, YRC Freight
October 30, 2014 - Industry News
Less-than-truckload carrier Old Dominion Freight Line Inc. has announced a 29.5% increase in third quarter net income totaling $77.9 million.
Tags: Old Dominion Freight Line, Fleets, Earnings
Revenue for the quarter increased 10.5% to $193.4 million from $175.1 million a year earlier. Freight revenue, which excludes fuel surcharges, increased 11.1% to $157.7 million.
Tags: Celadon Group, Fleets, Earnings
The trucking operation Con-way Inc. has reported 2014 third-quarter net income of $45.6 million, or 78 cents per diluted share.
Tags: Con-way Freight, Fleets, Earnings, Con-way Truckload, Con-way Inc.
October 28, 2014 - Industry News
Dry-van truckload carrier P.A.M. Transportation Services reported record profit in the third quarter of the year, more than doubling from the same time a year ago to $5.1 million.
Tags: Fleets, Earnings, PAM Transport
The mainly less-than-truckload carrier Saia inc. has reported an increase in its third quarter profit due to significant gains in tonnage and shipments.
Tags: Fleets, Earnings, Saia
October 27, 2014 - Industry News
Profit and earnings for truckload carrier Heartland Express shot up in the third quarter of the year compared to the same time in 2013, as loads turned down were the highest since before the Great Recession.
Tags: Fleets, Earnings, Heartland Express
October 24, 2014 - Industry News
With year-over-year profitability improvements in its truckload, intermodal and refrigerated segments, Swift Transportation saw its net income surge to $50.2 million in the third quarter, compared to $30 million a year ago.
Tags: Fleets, Earnings, Swift Transportation
Net income during the period was $16.7 million compared to $14.2 million in the prior-year quarter or 54 cents per diluted share compared with 46 cents per diluted share.
Tags: Fleets, Earnings, Forward Air
Higher package volume and growth in distribution and UPS Freight business led UPS Inc. to an upswing in third-quarter earnings compared to a year ago.
Tags: UPS, Fleets, Earnings, UPS Freight, LTL
October 23, 2014 - Industry News
The Illinois-based operation reported income of $4.5 million compared to $18.6 million in the third quarter of 2013 with diluted earnings per share of 12 cents compared to 50 cents a year earlier.
Tags: Fleets, Earnings, Hub Group
Daimler AG, the German parent of Daimler Trucks North America, has reported higher third quarter profit and revenue, with record Mercedes-Benz auto sales and a booming North American truck market being partially offset by lower sales in other parts of the world.
Tags: Daimler Trucks, Daimler AG, Earnings, Global
Freight transportation provider Landstar System has reported record third quarter net income of $36.8 million, or 82 cents per diluted share, on record revenue of $819 million.
Tags: Fleets, Earnings, Landstar System
October 22, 2014 - Industry News
With strong demand and tight capacity continuing, Knight Transportation's third-quarter profits are up more than 66% over a year ago, thanks to higher revenue per tractor and per loaded mile and fewer empty miles.
Tags: Fleets, Earnings, Knight Transportation
The decline was not surprising with the company announcing last month it was hit with a multi-million dollar judgment.
Tags: Covenant Transport, Earnings, Covenant Transportation Group
October 21, 2014 - Industry News
According to Werner, freight market dynamics began showing year-over-year improvement for the company in mid-November 2013, and that trend has continued for the last eleven months, including the first three weeks of October.
Tags: Werner Enterprises, Fleets, Earnings
October 15, 2014 - Industry News
Trucking company Marten Transport Ltd. has reported net income of $7.7 million, or 23 cents per diluted share, for the third of the year, down slightly from $8 million, or 24 cents per diluted share, from the same time a year ago.
Tags: Intermodal, Fleets, Earnings, Marten Transport
October 14, 2014 - Industry News
J.B. Hunt Transport Services announced third quarter 2014 net earnings of $102.4 million, or diluted earnings per share of 87 cents compared to third quarter 2013 net earnings of $89.5 million, or 75 cents per diluted share.
Tags: J.B. Hunt, Fleets, Intermodal, Earnings
September 29, 2014 - Industry News
Swift Transportation has affirmed earlier expectations for a third-quarter performance of 33 cents to 37 cents adjusted earnings per share, saying its driver wage increase is having desired results.
Tags: Fleets, Earnings, Swift Transportation, Driver Pay, Utilization
September 17, 2014 - Industry News
YRC Freight CEO James Welch said while business in the first half of the year kept pace with its forecast, improvements are taking longer than originally anticipated at the national less-than-truckload carrier.
Tags: Fleets, Earnings, YRC Worldwide, LTL
Net income totaled $606 million or $2.10 per share, up 37% from last year’s $1.53 per share. Revenue was $11.7 billion, an increase of 6% from the same time a year earlier.
Tags: Earnings, FedEx, Equity Markets
September 15, 2014 - Industry News
The parent company to trucking operations including Covenant Transport and others has issued expectations for its upcoming third quarter financial results.
Tags: Covenant Transport, Fleets, Earnings, Covenant Transportation Group
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