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Fleet Earnings

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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

April 24, 2017 - Industry News

Earnings Watch: Swift, Covenant Profits Plummet More Than 80%

Profits for two trucking operations in the first quarter of the year fell dramatically, both saying they battled a tough pricing environment and excess capacity.

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

April 21, 2017 - Industry News

Earnings Watch: Heartland First Quarter Profit Slips 2.4%

First quarter earnings for trucking company Heartland Express Inc. edged lower from the same time a year ago as revenue posted a significant decline, according to figures released Friday by the company.

Tags: Heartland Express, Fleet Earnings

April 20, 2017 - Industry News

Earnings Watch: Werner Falls 20%, Marten Transport Unchanged

Profit for trucking and logistics provider Werner Enterprises Inc. fell 20% in the first quarter of the year compared to the same time in 2016 while refrigerated carrier Marten Transport Ltd. reported the same earnings as a year ago.

Tags: Werner Enterprises, Marten Transport, Fleet Earnings

April 17, 2017 - Industry News

Earnings Watch: J.B. Hunt First Quarter Profit Inches Higher

The first quarter earnings reporting season for trucking kicked off on Monday morning when multi-modal freight transportation provider J.B. Hunt Transportation Services Inc. released numbers showing slight improvements from the same time a year ago.

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

March 21, 2017 - Industry News

Earnings Watch: FedEx Reports Mixed Earnings

FedEx Corp. on Tuesday reported increased net earnings in its most recent quarter, but it missed Wall Street expectations.

Tags: FedEx, FedEx Freight, Fleet Earnings

February 21, 2017 - Industry News

Earnings Watch: XPO Logistics Reports Annual Profit of $69 Million

XPO Logistics moved well into the black for the fourth quarter and full year 2016, with a number of fourth-quarter metrics setting company records as strong e-commerce offset weak intermodal numbers.

Tags: XPO Logistics, Fleet Earnings

February 8, 2017 - Industry News

Earnings Watch: ArcBest, P.A.M. Transportation Net Incomes Plummet

The parent to less-than-truckload carrier ABF Freight and other trucking and logistics operations reported that its fourth quarter net income fell in both the final quarter of 2016 and all of last year.

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

February 7, 2017 - Industry News

Earnings Watch: YRC Trims Quarterly Loss, USA Truck Moves Into Red

The parent of less-than-truckload carrier YRC Freight and others managed to reduce its losses in the final quarter of 2016 while a truckload carrier reported a loss for both the final three months of last year and all of 2016.

Tags: USA Truck, YRC Worldwide, YRC Freight, Fleet Earnings

February 3, 2017 - Industry News

Earnings Watch: Saia, Old Dominion, Hub Group

Two less-than-truckload fleets and a multi-modal and logistics provider reported slightly lower fourth quarter earnings.

Tags: Old Dominion Freight Line, Saia, Hub Group, Fleet Earnings, LTL, 3PL, Intermodal

February 1, 2017 - Industry News

Earnings Watch: Landstar, Celadon, C.H. Robinson, Roadrunner

Fleet earnings reported this week so far are varying widely, ranging from record numbers at one carrer to another barely eking out a profit, and one carrier delayed in reporting due to an investigation into its accounting practices.

Tags: Roadrunner Transportation, C.H. Robinson, Landstar System, Fleet Earnings, Celadon Group

January 31, 2017 - Industry News

Earnings Watch: UPS Reports Loss, Paccar Earnings Fall

Despite increased revenue and freight volume, parcel delivery and trucking company UPS Inc. on Tuesday reported a loss in the fourth quarter of 2016.

Tags: Kenworth, Paccar, UPS, Peterbilt, UPS Freight, Fleet Earnings

January 30, 2017 - Industry News

Earnings Watch: Werner Enterprises Quarterly Profit Falls 40%

Earnings for trucking and logistics company Werner Enterprises Inc. took a bit of a dive in not just the final quarter of last year but for all of 2016 as it said it continued to make a significant investment in its business.

Tags: Economy, Werner Enterprises, Fleet Earnings

January 26, 2017 - Industry News

Earnings Watch: Swift, Marten, Heartland Report Lower Profits

Earnings reports from three more trucking fleets rolled in late Thursday afternoon, all showing lower earnings in the fourth quarter compared to the same time a year ago.

Tags: Economy, Heartland Express, Marten Transport, Swift Transportation, Fleet Earnings

January 25, 2017 - Industry News

Earnings Watch: Knight, Covenant, Patriot, YRC Worldwide

The latest batch of fleet earning reports from the fourth quarter are in, with three major fleets reporting revenue dips and a fourth signaling that it will have similar news when its formal report is released next month.

Tags: Florida, Economy, Covenant Transport, Patriot Transportation, YRC Worldwide, Knight Transportation, Covenant Transportation Group, Fleet Earnings

January 19, 2017 - Industry News

J.B. Hunt Reports Higher Earnings, Revenue

J.B. Hunt Thursday reported higher profits for the final quarter of 2016 and for all of last year, driven by growth in its brokerage and dedicated segments.

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

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