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Fleet Earnings

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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

December 22, 2016 - Industry News

Earnings Watch: FedEx Profit Edges Higher Hitting $700 Million

Parcel delivery and trucking company FedEx Corp. this week reported a net profit of $700 million for its fiscal second quarter, missing Wall Street expectations.

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

November 17, 2016 - Industry News

Earnings Watch: Patriot Profit Higher, Others Mixed

Third-quarter financial reports from fleets and equipment makers continue to reflect a tepid freight environment.

Tags: Patriot Transportation, Cummins, Cummins Westport, Westport, Fleet Earnings, Quarterly Earnings, Economy, Radiant Logistics

November 4, 2016 - Industry News

Earnings Watch: USA Truck Reports Quarterly Loss

The trucking company USA Truck reported on Friday that its financial picture turned slightly negative in the third quarter of the year as it continues to move to a more asset-light business

Tags: Economy, USA Truck, Fleet Earnings

November 3, 2016 - Industry News

Earnings Watch: ArcBest Profit Falls, Celadon Reports Loss

The parent of a company primarily known for its less-than-truckload fleet saw its profit fall by nearly a third while a separate carrier that provides long-haul truckload and other services moved into the red, according to newly released earnings numbers.

Tags: Economy, Celadon Trucking Services, Celadon Group, Panther, ABF, ArcBest Corp., Fleet Earnings

November 2, 2016 - Industry News

Earnings Watch: XPO, Roadrunner Report Improved Earnings

While many trucking operations have reported lower third quarter profits during this earnings season, there were two exceptions on Wednesday.

Tags: Economy, Roadrunner Transportation, XPO Logistics, Fleet Earnings

October 27, 2016 - Industry News

Earnings Watch: YRC, Universal Truckload Post Smaller Profits

Earnings for the parent of the mainly less-than-truckload carrier YRC Freight and others turned in a smaller third quarter numbers late Thursday, while one logistics operator also reported its profit is down from a year ago.

Tags: Economy, YRC Worldwide, YRC Freight, Fleet Earnings, Universal Logistics Holdings

October 27, 2016 - Industry News

Earnings Watch: UPS, ODFL Rise; Knight, P.A.M., Hub, Echo Fall

At a time when many trucking companies are reporting lower third quarter profits, two report slight gains – but they remain the exception rather than the rule.

Tags: Economy, UPS, Old Dominion Freight Line, Knight Transportation, UPS Freight, Echo Global Logistics, Hub Group, PAM Transport, Fleet Earnings

October 26, 2016 - Industry News

Earnings Watch: Saia Earnings Up, C.H. Robinson Down

As more trucking companies report third quarter earnings, most are showing profits are down from the same time a year ago – but there are a few exceptions.

Tags: Economy, Saia, C.H. Robinson, Fleet Earnings

October 25, 2016 - Industry News

Earnings Watch: Swift Profit Up 4.7%, Paccar Down Nearly 20%

At a time when many trucking companies are reporting lower third quarter earnings, Swift Transportation bucked the trend, but truck and engine maker Paccar saw its earnings fall.

Tags: Kenworth, Paccar, Peterbilt, Earnings, Paccar Financial, Swift Transportation, DAF, Fleet Earnings

October 20, 2016 - Industry News

Earnings Watch: Heartland, Werner, Forward Air Profits Fall, Marten Stable

UPDATED -- The third quarter earnings season continued on Thursday with the release of reports showing more trucking companies had lower earnings compared to a year ago, with another held on.

Tags: Economy, Werner Enterprises, Heartland Express, Forward Air, Fleet Earnings, Marten Transport

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