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Fleet Earnings

1  -  25  of  117

November 13, 2017 - Industry News

Earnings Watch: Daseke Returns to Profitability in Third Quarter

Flatbed and specialized trucking company operator Daseke Inc. moved back into the black during the third quarter after reporting a loss during the same time in 2016.

Tags: Fleet Earnings, Daseke Inc.

November 7, 2017 - Industry News

Earnings Watch: Schneider National Profits Hit by Costs, Hurricanes

Trucking giant Schneider National Inc. on Tuesday reported increased costs and severe weather in parts of the country kept its third quarter profit from rising significantly when compared to a year earlier.

Tags: Schneider National, Fleet Earnings

November 6, 2017 - Industry News

Earnings Watch: Knight-Swift Affected by Merger Costs, Driver Shortage

Truckload and logistics provider Knight-Swift Transportation Holdings Inc. released third quarter earnings on Monday that showed a big drop in profit compared to a year ago, but the numbers do not paint an entirely accurate picture following the merger of the two truckload companies.

Tags: Swift Transportation, Knight Transportation, Fleet Earnings, Knight-Swift

November 3, 2017 - Industry News

Earnings Watch: ArcBest Rises, YRC Plummets, USA Ekes Out Profit

Trucking and logistics provider ArcBest reported third quarter numbers showing net income improved a little more than 14.5% to $14.8 million, or 56 cents per share, 2 cents below Wall Street expectations.

Tags: USA Truck, ABF, YRC Worldwide, YRC Freight, ArcBest Corp., Fleet Earnings

November 2, 2017 - Industry News

Earnings Watch: XPO Sets Record High; C.H. Robinson, Hub Group Post Declines

Trucking and logistics provider XPO Logistics Inc. on Wednesday reported income and revenue hit a record-high of any quarter during the third quarter of 2017. C.H. Robinson and Hub Group, however, did not fare as well.

Tags: XPO Logistics, C.H. Robinson, Hub Group, Fleet Earnings

October 26, 2017 - Industry News

Earnings Watch: ODFL Earnings Increase Almost 20%, UPS Profit Remains Strong

The mainly less-than-truckload fleet Old Dominion Freight Line Inc. has reported its profit rose nearly 20% in the third quarter of the year, due in part to a better overall economy and freight rates.

Tags: UPS, Old Dominion Freight Line, UPS Freight, Fleet Earnings

October 19, 2017 - Industry News

Earnings Watch: Werner, Covenant See Double-Digit Gains; Marten Nearly Unchanged

Three trucking fleets issued their third quarter earnings reports on Thursday, with two showing profits increasing significantly from the same time a year earlier, while the third was healthy but nearly the same as it was a year earlier.

Tags: Werner Enterprises, Covenant Transport, Marten Transport, Covenant Transportation Group, Fleet Earnings, Southern Refrigerated Transport

October 16, 2017 - Industry News

Earnings Watch: J.B. Hunt Third Quarter Profit Slips

Profits for multi-modal freight transportation provider J.B. Hunt Transport Services fell a little more than 8% in the third quarter of the year despite increased revenue, with increased driver recruiting and retention costs part of the reason.

Tags: Intermodal, J.B. Hunt, Fleet Earnings

September 19, 2017 - Industry News

Earnings Watch: FedEx Profit Falls Due to Cyberattack, Hurricane Harvey

FedEx earnings during its fiscal 2018 first quarter fell 17% from a year ago as a result of a cyberattack and Hurricane Harvey, despite a slight improvement in revenue.

Tags: FedEx, FedEx Freight, FedEx Ground, FedEx Express, Fleet Earnings, Hurricane Harvey

August 9, 2017 - Industry News

Daseke Reports Second Straight Loss Since Going Public

One of the largest owners of flatbed and specialized trucking services providers moved from a profit to a loss in the second quarter of the year while reporting its second straight quarterly loss since becoming a publicly traded company early in 2017.

Tags: Fleet Earnings, Daseke Inc.

August 3, 2017 - Industry News

Earnings Watch: YRC Worldwide Profit Falls, Heartland Profit Slips

Profit for less-than-truckload provider YRC Worldwide Inc. fell nearly 30% in the second quarter from a year earlier, despite increased tonnage per day moved at both its national and regional operations. Heartland Express saw profit and revenue drop, though its operating ratio was the best in two years.

Tags: YRC Worldwide, Heartland Express, Fleet Earnings

August 2, 2017 - Industry News

XPO Profit Jumps As It Mulls More Acquisitions, USA Truck Losses Grow

XPO Logistics' profit during the second quarter was 11.7% higher than a year ago, as a separate report said the company is looking to greatly expand its business in the next year or two. In contrast, USA Truck saw its second quarter loss more than double as revenue declined.

Tags: XPO Logistics, Fleet Earnings

August 1, 2017 - Industry News

Earnings Watch: Schneider Profit Rises 5.2%

Trucking, intermodal and logistics services provider Schneider National Inc. on Tuesday reported its second quarter profit increased 5.2% from a year earlier while revenue improved 8.1%.

Tags: Schneider National, Fleet Earnings

July 20, 2017 - Industry News

Marten Transport Pushes Second Quarter Profit Higher

Marten Transport Ltd. on July 20 reported its second quarter net income increased 7.2% from a year earlier to $9.1 million, or 17 cents per share, which is 2 cents better than analysts' expectations.

Tags: Marten Transport, Fleet Earnings

July 19, 2017 - Industry News

Earnings Watch: C.H. Robinson Earnings Fall 22.4% from Year Earlier

Multi-modal freight transportation services and third-party logistics provider C.H. Robinson Worldwide Inc. reported its second quarter net income fell 22.4% from a year ago despite a 12.4% hike in total revenue.

Tags: C.H. Robinson, Fleet Earnings

July 17, 2017 - Industry News

Earnings Watch: J.B. Hunt Second Quarter Profit Falls

The second quarter earnings season for trucking kicked off on Monday morning with J.B. Hunt Transport Services Inc. reporting a small decline in profitability.

Tags: J.B. Hunt, Fleet Earnings

June 20, 2017 - Industry News

FedEx Delivers Quarterly Profit of More Than $1 Billion

Parcel delivery and trucking company FedEx Corp. on Tuesday reported it turned its finances around dramatically in the most recent quarter as it also wrapped up its fiscal year.

Tags: FedEx, FedEx Freight, FedEx Ground, FedEx Express, Fleet Earnings

May 11, 2017 - Industry News

Earnings Watch: Schneider Profit Falls 19.8%, Covenant Reports Revised Loss

The truckload, intermodal and logistics services provider Schneider National Inc. reported its first earnings since going public last month, showing a decline in profitability, while another company has revised its earnings, pushing it into the red.

Tags: Covenant Transport, Schneider National, Covenant Transportation Group, Fleet Earnings

May 10, 2017 - Industry News

Earnings Watch: Daseke Posts $8.6 Million Loss, Radiant Logistics Sees Small Profit

Flatbed carrier group Daseke Inc. has released its first earnings report since becoming a publicly traded company earlier this year. It shows that losses moved higher, but the company’s expectations remain high.

Tags: Radiant Logistics, Fleet Earnings, Daseke Inc.

May 5, 2017 - Industry News

Earnings Watch: ArcBest Loss Grows, P.A.M. Transportation Profit Slips

The parent company to less-than-truckload carrier ABF Freight and others saw its first quarter losses grow despite healthy shipment growth and improved pricing, while a truckload carrier saw lower profits but beat expectations.

Tags: ABF, PAM Transport, ArcBest Corp., Fleet Earnings

May 4, 2017 - Industry News

Earnings Watch: YRC Worldwide 1st Quarter Loss Doubles

Financial losses for YRC Worldwide Inc., parent to both national and regional less-than-truckload carriers, more than doubled in the first quarter of the year despite a small upturn in revenue.

Tags: YRC Worldwide, YRC Freight, Fleet Earnings

May 3, 2017 - Industry News

Earnings Watch: XPO Logistics Glows while USA Truck, Celadon Deal with Woes

One of the biggest names in trucking reported first quarter earnings this week showing it had turned its fortunes around for the better, while losses grew at another fleet and a third’s financial problems were surrounded not only by questions of its accounting practices but also about its long-term survival.

Tags: Celadon Trucking Services, Celadon Group, USA Truck, XPO Logistics, Fleet Earnings

April 28, 2017 - Industry News

Earnings Watch: Saia Improves 7.7%, Universal Logistics Falls 43%

Mainly less-than-truckload carrier Saia Inc. saw its profit move higher in the first quarter of the year while multi-trucking service provider Universal Logistics Holdings Inc. saw lower net income despite more revenue.

Tags: Saia, Fleet Earnings, Universal Logistics Holdings

April 27, 2017 - Industry News

Earnings Watch: Old Dominion, UPS Show First Quarter Improvements

Less-than-truckload carrier Old Dominion Freight Line Inc. reported better profit and revenue in the first quarter of the year while UPS Inc. reported earnings showing growth across its business segments

Tags: UPS, Old Dominion Freight Line, UPS Freight, Fleet Earnings

April 26, 2017 - Industry News

Earnings Watch: Landstar, Forward Air, Hub Group, TFI, Patriot and Echo Global

At a time when many publicly held trucking companies are reporting lower, if not sharply lower, first quarter profits, one stood out among the herd of numbers released Wednesday while another saw a slight improvement in earnings.

Tags: Patriot Transportation, Forward Air, Echo Global Logistics, Hub Group, Landstar System, Fleet Earnings, CFI

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