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Fleet Earnings

51  -  75  of  127

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

July 29, 2016 - Industry News

Earnings Watch: UPS, YRC, Saia, ArcBest, Universal

The week wrapped up with more fleets reporting their second-quarter earnings. Like many that have already advised, profits for three were lower, while the largest trucking company in the nation and another a few years ago that was on the brink of extinction showed improvements.

Tags: Economy, UPS, ABF, YRC Worldwide, YRC Freight, Saia, UPS Freight, Universal Truckload, ArcBest Corp., Fleet Earnings, Universal Logistics Holdings

July 27, 2016 - Industry News

Earnings Watch: Covenant, Knight, Roadrunner See Lower Profits

Phrases such a “challenging freight market” and a freight environment that’s “less attractive” continued to be some of the buzz words Wednesday as another raft of second quarter corporate earnings washed ashore, while one company defied the trend with its net income soaring more than 300%.

Tags: Economy, Covenant Transport, Roadrunner Transportation, Knight Transportation, Echo Global Logistics, Covenant Transportation Group, Fleet Earnings

July 26, 2016 - Industry News

Earnings Watch: Hub, C.H. Robinson, Wabash National, Rush Enterprises

The second quarter earnings season continued on Tuesday with companies ranging from a fleet and 3PL to a trailer maker and mega-dealer, with all but one reporting higher earnings than the same time last year.

Tags: Economy, Truck Sales, 3PL, Rush Enterprises, Earnings, Wabash National, C.H. Robinson, Hub Group, Fleet Earnings

July 22, 2016 - Industry News

Earnings Watch: Werner, Swift Profits Fall; Forward Air Reports Loss

Profits for two trucking companies turned lower in the second quarter of the year while a third moved into the red, according to newly released earnings reports.

Tags: Economy, Werner Enterprises, Forward Air, Swift Transportation, Freight Rates, Fleet Earnings

July 20, 2016 - Industry News

Landstar Profit Sinks 20%, Falls Short of Expectations

Asset-light trucking and related services provider Landstar System reported a 20% second quarter decline in earnings due to lower revenue and a big insurance claim.

Tags: Economy, Landstar, Landstar System, Fleet Earnings

July 19, 2016 - Industry News

Earnings Watch: Marten Profit Bumps 2% Higher

Temperature-controlled carrier Marten Transport reported an increase in its second quarter earnings. Although it's another small gain, it did beat analysts' expectations.

Tags: Economy, Marten Transport, Fleet Earnings

July 18, 2016 - Industry News

Earnings Watch: J.B. Hunt Improves Second Quarter Profit by 2%

Trucking and intermodal giant J.B. Hunt Transport Services reported its second quarter profit increased just slightly, falling short of Wall Street expectations.

Tags: Economy, 3PL, Intermodal, J.B. Hunt, Earnings, Fleet Earnings, Dedicated Fleets

July 8, 2016 - Industry News

Earnings Watch: Universal Truckload Latest to Lower Expectations

Universal Logistics Holdings is projecting lower second-quarter earnings, just the latest trucking operation indicating it will fall short of analysts' expectations in a challenging business environment.

Tags: Fleet Financials, Fleet Earnings

June 22, 2016 - Industry News

Earnings Watch: Covenant Latest to Lower Second Quarter Outlook

Covenant Transportation Group Inc. has lowered expectations for its second quarter earnings report due to the current freight market as well as internal issues it’s facing.

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

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