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Fleet Earnings

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June 21, 2016 - Industry News

Earnings Watch: FedEx Narrows Loss, Werner Lowers Expectations

FedEx Corp. cut much, but not all, of its second quarter losses compared to a year earlier, while a preview of Werner Enterprises Inc. second quarter earnings sent heartburn throughout trucking and Wall Street amid concerns about second quarter trucking profits.

Tags: Economy, Werner Enterprises, FedEx, FedEx Freight, FedEx Ground, FedEx Express, Fleet Earnings

May 16, 2016 - Industry News

Earnings Watch: Radiant Logistics Moves Into the Red

The third party logistics and multi-modal transportation services company Radiant Logistics Inc. reported on Monday afternoon it swung from a profit to a loss in the first quarter of the year despite a 54.2% increase in net revenue.

Tags: Economy, Earnings, Radiant Logistics, Fleet Earnings

May 5, 2016 - Industry News

Earnings Watch: Roadrunner Profit Dives; XPO, USA Truck Report Losses

Loose capacity and a sluggish economy in the first quarter helped drive down earnings for Roadrunner, XPO and USA Truck.

Tags: Roadrunner Transportation, USA Truck, XPO Logistics, Fleet Earnings

April 29, 2016 - Industry News

Earnings Watch: ABF Parent ArcBest Moves to a First Quarter Loss

The parent to less-than-truckload carrier ABF Freight moved into the red in the first quarter of the year, according to its earnings report released Friday, as many other companies are also reporting weaker performances compared to a year ago

Tags: Economy, Earnings, ABF, ArcBest Corp., Fleet Earnings

April 28, 2016 - Industry News

Earnings Watch: UPS Jumps; YRC Improves; ODFL, Universal Lower

UPDATED -- Another day, another raft of earnings reports on Thursday from the nation’s publicly owned trucking companies. Continuing a trend this first quarter, the companies' numbers are as varied as the services they offer.

Tags: Economy, UPS, Old Dominion Freight Line, Earnings, UPS Freight, Universal Truckload, Fleet Earnings, YRC Worldwide, YRC Freight

April 27, 2016 - Industry News

Earnings Watch: Saia, Patriot, Covenant and Celadon

The wave of first quarter earnings reports from the nation’s publicly owned fleets continued on Wednesday, with three out of four lower than a year earlier due mainly to less freight to move.

Tags: Florida, Economy, Celadon Trucking Services, Celadon Group, Covenant Transport, Earnings, Patriot Transportation, Saia, Covenant Transportation Group, Fleet Earnings

April 26, 2016 - Industry News

Earnings Watch: Hub Group Leaps, C.H. Robinson Gains, Heartland Slips

Three more companies offering trucking and related services issued first quarter earnings reports on Tuesday, with each reporting very different results.

Tags: Economy, Earnings, C.H. Robinson, Hub Group, Fleet Earnings, Heartland Express

April 21, 2016 - Industry News

Earnings Watch: Swift Profits Fall, Forward Air and Marten Improve

UPDATED -- Truckload carrier Swift Transportation Co. saw its net income decline in the first quarter of the year while profit for the time definite surface transportation and logistics provider Forward Air Corp. more than doubled as refrigerated hauler Marten Transport Ltd. reported a boost in two ways.

Tags: Economy, Earnings, Forward Air, Swift Transportation, Fleet Earnings, Marten Transport

April 20, 2016 - Industry News

Earnings Watch: Knight, Landstar and Werner Profits Decline

UPDATED – Three large publicly held trucking fleets reported first quarter earnings on Wednesday with all showing a decline in profits from a year earlier.

Tags: Earnings, Knight Transportation, Landstar System, Fleet Earnings, Werner Enterprises

April 18, 2016 - Industry News

Earnings Watch: J.B. Hunt Profit Increases Nearly 9%

J.B. Hunt Transport Services says its first-quarter profit increased 8.9% from a year earlier as revenue rose by 6%, thanks to volume growth, improved network operations, higher equipment utilization, lower maintenance costs and increased contract pricing.

Tags: Economy, 3PL, Intermodal, Earnings, JB Hunt, Dedicated Fleets, Fleet Earnings

March 16, 2016 - Industry News

Earnings Watch: FedEx Profit Falls, Adjusted Earnings Up

Trucking and parcel delivery company FedEx Corp. on Wednesday reported lower quarterly profits, but adjusted earnings were better than expectations.

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

February 24, 2016 - Industry News

Earnings Watch: XPO Reports Loss of Nearly $63 Million

Despite greatly increased revenue in the final quarter of last year and for all of 2015, the fleet that purchased Con-way last year reported bigger losses.

Tags: Economy, Con-Way, XPO Logistics, Fleet Earnings

February 17, 2016 - Industry News

Earnings Watch: Radiant Reports Net Loss, Adjusted Earnings Increase

The third party logistics and multi-modal transportation services company Radiant Logistics Inc. moved from a fourth quarter profit a year ago to loss in the most recent quarter, but adjusted earnings improved.

Tags: Economy, Radiant Logistics, Fleet Earnings

February 10, 2016 - Industry News

Earnings Watch: Forward Air, Rush Enterprises

A record-setting fourth quarter for trucking company Forward Air Corp. has it looking forward to a banner 2016, while Rush Enterprises is cost-cutting to compensate for the low truck sales in the energy sector in 2015.

Tags: Economy, Equipment, Truck Sales, Rush Truck Centers, Rush Enterprises, Forward Air, Fleet Earnings

February 5, 2016 - Industry News

Earnings Watch: Saia Profit Declines 16%, Beats Estimates

Saia Inc. saw its fourth quarter profit decline to $11.4 million, or 45 cents per diluted share, from $13.6 million, or 53 cents per diluted share a year earlier, beating analysts' estimates.

Tags: LTL, Saia, Fleet Earnings

February 4, 2016 - Industry News

Earnings Watch: Hub Group, Roadrunner, ODFL, YRC Worldwide

Multi-modal freight transporter Hub Group Inc. has reported increases in fourth quarter 2015 and full year profits as revenue for both periods drifted lower for the Illinois-based operation.

Tags: Economy, Old Dominion Freight Line, Roadrunner Transportation, YRC Worldwide, YRC Freight, Hub Group, Fleet Earnings

February 3, 2016 - Industry News

Earnings Watch: Meritor, Eaton, Wabash National, ArcBest, C.H. Robinson

Earnings season continues this week and with it are the first numbers from major trucking suppliers, such as Meritor, Eaton and Wabash National, in addition to those from trucking operations ArcBest and C.H. Robinson.

Tags: Economy, Eaton, Meritor, ABF, Wabash National, C.H. Robinson, ArcBest Corp., Fleet Earnings

February 2, 2016 - Industry News

Earnings Watch: UPS, USA Truck, Ryder Report Profit Gains

UPS Inc. reported its profit skyrocketed in the fourth quarter of the year, totaling $1.33 billion compared to $453 million a year earlier as the company also beat an earnings forecast. USA Truck and Ryder also saw higher profits.

Tags: Economy, UPS, Ryder System, USA Truck, UPS Freight, Fleet Earnings

January 29, 2016 - Industry News

Earnings Watch: Paccar Record Annual Income, Werner Profit Rises

UPDATED -- Truck and engine manufacturer Paccar on Friday reported record annual revenue of $19.12 billion and record net income of $1.60 billion for 2015, but fell short of analysts’ expectations in the final quarter of the year.

Tags: Kenworth, Paccar, Peterbilt, Paccar Financial, Paccar Parts, Quarterly Earnings, Fleet Earnings, Werner Enterprises

January 28, 2016 - Industry News

Earnings Watch: Landstar Beats Fourth Quarter Expectations

The asset-light trucking and logistics provider Landstar Thursday reported a decline in its fourth quarter profit, but it was higher than expected, and the company also improved its annual performance.

Tags: Economy, Landstar, Landstar System, Fleet Earnings

January 27, 2016 - Industry News

Earnings Watch: Lower Fourth Quarter Profits for Knight, Celadon

UPDATED -- Net income for two trucking and logistics companies experienced pullbacks in the fourth quarter of the year, according to earnings reports released Wednesday.

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

January 27, 2016 - Industry News

Earnings Watch: Heartland Profit Drops, Patriot Moves Higher

Earnings for the trucking company Heartland Express Inc. (NASDAQ: HTLD) declined in both the final quarter of 2015 and all of last year due to less business while Patriot Transportation Holding Inc. (NASDAQ: PATI) saw an improvement due in large part to a legal settlement.

Tags: Florida, Economy, Patriot Transportation, Heartland Express, Fleet Earnings

January 26, 2016 - Industry News

Marten Transport Increases Annual Profit Nearly 20 Percent

The trucking company Marten Transport Ltd. (NASDAQ: MRTN) on Tuesday announced slightly lower earnings for the fourth quarter of the year while seeing a 19.8% increase in its annual profit compared to a year earlier.

Tags: Economy, Marten Transport, Fleet Earnings

January 25, 2016 - Industry News

Earnings Watch: Swift Beats Expectations, Covenant Numbers Mixed

One of the nation’s largest trucking companies reported improved earnings for the final quarter of last year and beating its expectations for all of 2015 while another publicly held fleet's latest three-month numbers failed to live up to its annual performance.

Tags: Economy, Covenant Transport, Swift Transportation, Covenant Transportation Group, Fleet Earnings

January 22, 2016 - Industry News

Earnings Season Begins with J.B. Hunt Profit Increase

Although many analysts are expecting generally lower fourth-quarter earnings for the nation’s publicly held companies, J.B. Hunt kicked off the earnings season for trucking on Thursday by reporting a 6% increase in profit.

Tags: Economy, Intermodal, JB Hunt, Fleet Earnings

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