TopNews

Earnings

101  -  125  of  145

December 20, 2013 - Industry News

Swift Lowers Fourth Quarter Earnings Expectations

Trucking company Swift Transportation has announced it expects adjusted earnings per share to range between 33 and 36 cents per share for the fourth quarter of 2013, compared to its previous expectation of 40 cents per share.

Tags: Fleets, Earnings, Swift Transportation

December 18, 2013 - Industry News

FedEx Increases Fiscal Second Quarter Profit, Freight Segment Business Up

The FedEx Ground segment reported revenue of $2.85 billion, up 10% from last year and operating income of $424 million, up 3%. Photo: Evan Lockridge

Trucking and parcel delivery provider FedEx has released second quarter fiscal earnings showing gains in both revenue and profit. FedEx is increasing its forecast of full-year earnings per share growth to 8% to 14% above last year's adjusted results.

Tags: Fleets, Earnings, FedEx, Fleet Financials, LTL

December 4, 2013 - Industry News

Patriot Transportation Reports Big Spike in Profits

The parent to liquid and dry bulk hauler, Florida Rock & Tank Lines, has reported a huge increase in income for its fiscal fourth quarter as well as for its fiscal year.

Tags: Fleets, Earnings, Patriot Transportation

November 6, 2013 - Industry News

Profit Declines for Quality Distribution

The parent to bulk chemical haulers, Quality Carriers and Boasso America, has reported net income of $2.8 million, for the third of the year, down sharply from $8.9 million a year earlier.

Tags: Fleets, Earnings, Quality Distribution

November 5, 2013 - Industry News

XPO Logistics Loss Widens Despite Huge Jump in Revenue

XPO Logistics, which provides freight brokerage, expedited transportation and logistics services, has announced financial results for the third quarter showing total revenue was $194 million, a 173.3% increase from the same period in 2012.

Tags: Fleets, Earnings, XPO Logistics

October 31, 2013 - Industry News

Roadrunner Profit Increases 34% in Third Quarter

Asset-light transportation and logistics service provider, Roadrunner Transportation Systems, reports third quarter net income increased 34% over the prior year quarter to $13.2 million. Revenue for the period increased 30.1% to nearly $110 million from $83.1 million during the same time.

Tags: Fleets, Roadrunner Transportation, Earnings

October 30, 2013 - Industry News

Con-way Boosts Third Quarter Profit to More Than $30 Million

The parent to trucking operations Con-way Freight, Con-way Truckload and Menlo Worldwide Logistics, Con-way Inc. has reported 2013 third-quarter net income of $30.6 million, compared to third-quarter 2012 net income of $25.3 million.

Tags: Fleets, Earnings, Con-Way

October 30, 2013 - Industry News

Paccar, Volvo and Daimler Report Strong Earnings

Freightliner's Cascadia Evolution on display during this year's Mid-America Trucking Show. Photo: Evan Lockridge

Most of the nation’s heavy truck makers reported third quarter earnings this week, showing health profits, despite some showing a slip in sales compared to the same time a year ago.

Tags: Paccar, Navistar, Volvo Trucks, Daimler AG, Earnings, Daimler Trucks, Daimler Trucks North America, Kenworth, Mack Trucks, Peterbilt

October 28, 2013 - Industry News

Celadon Profit Drops Despite Additional Revenue

Long-haul truckload service provider, Celadon Group reports revenue for the third quarter of this year increased 14.2% to $175.1 million from $153.3 million during the same time in 2012 while net income decreased 20.5% to $6.6 million from $8.3 million during the same time

Tags: Fleets, Celadon, Earnings

October 28, 2013 - Industry News

Echo Global Logistics, Universal Truckload and Pacer International Report Mixed Results

Echo Global Logistics has reported record total revenue of $234.8 million for the third quarter of the year, up 21.8% from a year ago while net income increased 15% to $4.4 million.

Tags: Fleets, Earnings, Universal Truckload, Pacer International, Echo Global Logistics

October 28, 2013 - Industry News

P.A.M. Transportation Income Nearly Triples in Third Quarter

Dry van truckload operation, P.A.M. Transportation Service has reported net income of $2.4 million for the third quarter of the year and net income of $4.6 million the first nine-months of the year

Tags: Earnings, P.A.M. Transportation, Fleets

October 24, 2013 - Industry News

Old Dominion Boosts Third Quarter Profit Nearly 18%

The less-than-truckload carrier Old Dominion Freight Line has announced revenue was $616.5 million for the third quarter of this year, a 12.0% increase from $550.5 million for the third quarter of 2012.

Tags: Old Dominion Freight Line, Earnings

October 23, 2013 - Industry News

Swift Profit Falls Despite More Revenue

Photo: Evan Lockridge

Profit for Arizona-based Swift Transportation fell in the third quarter of the year despite doing more business.

Tags: Earnings, Swift Transportation, Central Refrigerated Transportation

October 23, 2013 - Industry News

Knight Transportation Third Quarter Profit Slips

Knight says inflationary cost pressures exceeded the improvement in its revenue per total mile. (Photo by Deborah Lockridge)

Truckload carrier Knight Transportation has reported slightly higher third quarter revenue while income is lower from the same time a year earlier.

Tags: Fleets, Earnings, USA Truck, Knight Transportation, Fleet Financials

October 18, 2013 - Industry News

Werner Profit Falls 15% During the Third Quarter

Photo: Evan Lockridge

Nebraska-based truckload fleet Werner Enterprises reported a drop in its third quarter profit amid just a slight increase in business, noting that hours of service rules changes that took effect in July negatively impacted miles per truck by 2% to 3%.

Tags: Werner Enterprises, Fleets, Earnings

October 18, 2013 - Industry News

Covenant Transportation Income Doubles

The parent company of the carrier Covenant Transport and others, Covenant Transportation Group, has announced third quarter net income of $2 million compared with $1 million the same time a year ago. Company officials cited a higher unseated truck percentage and new hours of service regulations as factors.

Tags: Fleets, Fleet Financials, Earnings, Covenant Transport

October 17, 2013 - Industry News

USA Truck Nearly Breaks Even in Third Quarter

The Arkansas-based fleet USA Truck has improved financial results for the third quarter and the first nine months of the year, with a 13.5% increase in revenue and a much smaller net loss than a year ago.

Tags: Fleets, Earnings, USA Truck, Knight Transportation, Fleet Financials

October 16, 2013 - Industry News

Heartland Express Profit Increases Nearly 28%

Photo: Evan Lockridge

Iowa-based trucking company Heartland Express has reported net income increased $3.4 million to $15.9 million in the third quarter of the year compared to $12.4 million in the 2012 period, a 27.6% increase.

Tags: Fleets, Earnings, Heartland Express

October 16, 2013 - Industry News

Marten Transport Posts Record Quartely Profit

Marten Transport has reported its best profit of any quarter in the company’s history. It improved 22.4% to $8 million, for the third quarter of this year, up from $6.5 million for the third quarter of 2012.

Tags: Fleets, Earnings, Marten Transport

October 15, 2013 - Industry News

J.B. Hunt Posts Higher Third Quarter Profit

Credit: DangApricot via Wikimedia Commons

J. B. Hunt Transport Services has announced third quarter 2013 net earnings of $89.5 million, compared to third quarter 2012 net earnings of $78.2 million.

Tags: J.B. Hunt, Fleets, Earnings

October 9, 2013 - Industry News

Knight Expects Lower Third and Fourth Quarter Business

Kevin Knight, Knight Transportation, chairman and CEO. Photo: Knight Transportation

A number of factors negatively impacted the third quarter of 2013, it said in a release, which has resulted in expected earnings below original estimates.

Tags: Fleet Financials, Earnings, Knight Transportation

September 17, 2013 - Industry News

Cummins Shares Plans for Profitable Growth With Investment Community

Senior leaders of Cummins Inc. Tuesday shared their five-year plans for profitable growth, emphasizing the opportunities presented by tightening emissions regulations in many parts of the world and the acquisition of its distributors in North America.

Tags: Cummins, Earnings, Engines

September 4, 2013 - Industry News

Navistar Moves to Cut Jobs as Third Quarter Loss Widens

Truck and engine manufacturer Navistar International announced a fiscal third quarter 2013 net loss of $247 million compared to third quarter 2012 net income of $84 million. Earlier this month, the company began implementing new cost-reduction initiatives, including a reduction in its workforce.

Tags: Cummins, Navistar, SCR, Earnings, Engines

August 9, 2013 - Industry News

Arkansas Best Second Quarter Profit Shrinks, Reports Loss for First Half of 2013

Arkansas Best, has reported second quarter 2013 net income but continued to sustain losses for the first six months of the year as costs for salaries, wages and benefits at less-than-truckload carrier subsidiary ABF Freight System, offset improving revenue...

Tags: Fleet Financials, Earnings, Arkansas Best, Teamsters, Panther, ABF

August 7, 2013 - Industry News

YRC Worldwide Narrows Second Quarter Loss

Photo: Evan Lockridge

The parent to several trucking companies, YRC Worldwide, lost money in the second quarter of the year, but not as much when compared to the same time a year ago.

Tags: Fleet Financials, Earnings, YRC Worldwide

Newsletter

We offer e-newsletters that deliver targeted news and information for the entire fleet industry.



GotQuestions?

LUBRICANTS

The expert, Mark Betner from Citgo will answer your questions
Ask a question

Sponsored by

Magazine