January 31, 2014 - Industry News
Paccar, the parent to truck makers Peterbilt and Kenworth, reported record revenue of $17.12 billion in 2013 compared to revenue of $17.05 billion the year before.
Tags: Kenworth, Paccar, OEM, Peterbilt, Earnings, Engines, Truck Sales
Multiregional less-than-truckload carrier Saia reported improved fourth quarter and 2013 financial results, while truckload fleet Celadon had higher revenue but lower earnings, and asset-light Landstar System had record fourth-quarter revenue and higher earnings.
Tags: Fleets, Earnings, Saia, Celadon, Landstar
January 30, 2014 - Industry News
Trucking, parcel and logistics giant UPS increased profit in the final quarter of the year and for all of 2013.
Tags: UPS, Fleets, Earnings, UPS Freight
The parent company to less-than-truckload carrier ABF Freight System and ground expedite fleet Panther Expedited Services reported a profit in the final quarter of 2013 after reporting a loss a year earlier.
Tags: Fleets, Earnings, Arkansas Best, Panther, ABF
January 29, 2014 - Industry News
Hub Group has announced financial results showing income of $16.5 million for the fourth quarter of last year or earnings per share of 45 cents...
Tags: Fleets, Earnings, Hub Group
Truck component maker Meritor recorded a profit for the final quarter of last year, compared to a loss the same time a year ago, according to a newly released earnings report.
Tags: OEM, Meritor, Aftermarket, Earnings
Truckload carrier and logistics provider Knight Transportation announced Wednesday its fourth quarter 2013 profit increased 12.7% to $20.1 million or 25 cents per share, from $17.7 million or 22 cents per share a year earlier.
Tags: Fleets, Earnings, Knight Transportation
January 28, 2014 - Industry News
Nebraska-based trucking and logistics company Werner Enterprises has reported a decline in net income for the fourth quarter and all of last year.
Tags: Werner Enterprises, Fleets, Earnings
January 27, 2014 - Industry News
XPO Logistics Monday announced plans to offer 15 million shares of its common stock to help pay for its purchase of Ohio-based Pacer International.
Tags: Fleets, Earnings, Mergers & Acquisitions, XPO Logistics, Pacer International
The parent to several freight transportation providers, including Covenant Transport, has released numbers showing net income doubled in the final quarter of the year, but there was a slight decline for all of 2013.
Tags: Covenant Transport, Fleets, Earnings
Trucking company Swift Transportation reported a drop in earnings for the final quarter of 2013 but an increase for all of last year.
Tags: Fleets, Earnings, Swift Transportation, Fleet Financials
January 23, 2014 - Industry News
Freight transportation services provider J.B. Hunt Transport services has reported hitting record financial numbers for the final quarter of last year as well for all of 2013.
Tags: J.B. Hunt, Fleets, Earnings
January 22, 2014 - Industry News
Refrigerated trucking company Marten Transport has reported the highest net income for any year in its history.
Tags: Fleets, Earnings, Marten Transport
January 21, 2014 - Industry News
Trucking company Knight Transportation has upwardly revised estimates of its financial performance, ahead of releasing full numbers later this month
Parcel and trucking company UPS has offered a glimpse of its fourth quarter and 2013 earnings ahead of releasing its full report on Jan. 30.
Tags: UPS, Fleets, Earnings
January 17, 2014 - Industry News
Trucking and logistics parent company, Con-way Inc. has released guidance ahead of posting fourth quarter earnings, with the expectation they will be around what they were the same time a year ago, 21 cents per share.
Tags: Fleets, Earnings, Con-Way
December 20, 2013 - Industry News
While Navistar has made substantial progress in its Drive to Deliver turnaround program, it still reported worse financial results for its fourth fiscal quarter than it had aimed for. Executives said the main culprits were industry truck sales levels that didn't pick up as soon as expected, and the continuing high warranty costs for its legacy all-EGR EPA-2010 engines.
Tags: EPA 2010, Navistar, SCR, International Trucks, Earnings, Engines, Emissions
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
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
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
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, 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
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
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.
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
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