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Fleet Earnings

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

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

October 19, 2016 - Industry News

Earnings Watch: Covenant Profit Plunges 62%, Landstar Slips 7.6%

Profit for the Tennessee-based parent to Covenant Transport plummeted in the third quarter, while Landstar System recorded only a 7.6% decline, according to numbers released late Wednesday afternoon.

Tags: Economy, Covenant Transport, Landstar System, Covenant Transportation Group, Fleet Earnings, Southern Refrigerated Transport

October 17, 2016 - Industry News

Earnings Watch: Lower J.B. Hunt Numbers Kick off 3rd Quarter Reports

Third quarter earnings for the nation’s trucking companies began rolling in on Monday, following reports of lowered expectations as several negative factors weigh on the nation’s freight markets.

Tags: Economy, Forward Air, JB Hunt, Covenant Transportation Group, Fleet Earnings, Universal Logistics Holdings

September 20, 2016 - Industry News

Earnings Watch: FedEx Quarterly Profit Totals $715 Million

Earnings for trucking and package delivery company FedEx Corp. moved up modestly to $715 million, or $2.65 per share, in its fiscal quarter ending Aug 31 that included the cost of integrating another carrier.

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

September 20, 2016 - Industry News

Another Carrier Lowers Expectations, Three LTLs Hiking Rates

Forward Air Corp. has become the latest trucking operation to lower expectations ahead of releasing its next earnings report.

Tags: UPS, Old Dominion Freight Line, Forward Air, UPS Freight, Freight Rates, FedEx, FedEx Freight, Fleet Earnings

September 1, 2016 - Industry News

Celadon Quarterly Profit Sinks 86.5%, Fiscal Year Earnings Also Fall

The trucking operation Celadon Group Inc. on Thursday reported its fiscal fourth quarter and year-end results for 2016 with both showing sharply lower earnings.

Tags: Economy, Celadon Trucking Services, Celadon Group, Celadon, Fleet Earnings

August 3, 2016 - Industry News

Earnings Watch: XPO Swings Into the Black, USA Reports Loss

Two trucking operations reported their second-quarter financials on Wednesday, with one reporting its first profit since purchasing LTL carrier Con-way last year, while the other reported a loss that was attributed to falling rates and freight volume.

Tags: Economy, USA Truck, Con-way Inc., XPO Logistics, Fleet Earnings

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