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Fleet Financials

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April 25, 2013 - Industry News

Knight, ODFL, Landstar & UPS Report Strong Earnings

The first quarter earning reporting season continues with Knight Transportation and Old Dominion Freight Line reporting healthy increases in revenue and profit, with Landstar nearly hitting a record and UPS continuing to prove why it’s the biggest trucking operation in the country.

Tags: UPS, Old Dominion Freight Line, Earnings, Landstar, Knight Transportation, Fleet Financials

April 23, 2013 - Industry News

Swift Transportation Profits Triple in First Quarter

Swift Transportation, a mainly truckload carrier, saw its first quarter profit jump much higher while earnings also increased from the same time a year ago.

Tags: Earnings, Swift Transportation, Fleet Financials

April 19, 2013 - Industry News

Forward Air Earnings Improve in First Quarter

A trucking provider to the air cargo industry, Forward Air, reports both income and revenue during the first quarter of the year moved higher, despite a more challenging operating environment than expected.

Tags: Earnings, Forward Air, Fleet Financials

April 18, 2013 - Industry News

Werner Enterprises Profit Falls 18% in First Quarter

While Omaha, Neb.-based Werner Enterprises is hardly in any danger of going into the red, it didn’t pull in as much money in the first quarter of the year as it did during the same time in 2012, thanks to tougher winter weather conditions.

Tags: Fleet Financials, Earning, Werner Enterprises, Fleets

April 17, 2013 - Industry News

Marten Transport Reports Boost in First Quarter Profit

Truckload and refrigerated carrier Marten Transport has reported a 32.2% increase in net income to $7.2 million for the first quarter this year compared to $5.4 million compared to the same period in 2012.

Tags: Marten Transport, Fleet Financials

April 16, 2013 - Industry News

Heartland Posts Higher Profits Despite Flat Revenue

The Iowa-based truckload operation Heartland Express reports it saw a first quarter uptick in profits while revenue was mainly unchanged.

Tags: Earnings, Heartland Express, Fleet Financials

April 12, 2013 - Industry News

JB Hunt Reports Increased First Quarter Financials

J.B. Hunt's intermodal first quarter revenue was $796 million, up 15%, while operating income increased 22% to $ 96.8 million.

The first quarter earnings reporting season has kicked off in trucking on a high note with J. B. Hunt Transport Services, which announced net earnings of $73.3 million compared to $67.7 million the same time a year ago.

Tags: J.B. Hunt, Earnings, Fleet Financials, Fleets, Intermodal

February 10, 2013 - Industry News

YRC Reports Positive Numbers For A Change

The parent of trucking companies YRC Freight and others, YRC Worldwide, has posted its first positive yearly numbers in six years, but things overall still need improvement in order to forget the company coming close to bankruptcy more than once in recent years.

Tags: Fleet Financials, LTL, YRC, Fleets, financials

February 7, 2013 - Industry News

Con-way, ODFL, Roadrunner Report Financial Results

Three more carriers released their earnings reports. Con-way's fourth quarter profit took a big decline but was up for the year, while Roadrunner Transportation broke through the $1 billion revenue barrier in 2012 and Old Dominion Freight Line posted record numbers.

Tags: Fleet Financials, Old Dominion Freight Line, Roadrunner Transportation, financials, Con-Way

February 6, 2013 - Industry News

Patriot Transportation Profits Soars, USA Still In The Red

Recent financials from two different fleets show very different results, but both mentioned their success in adding drivers and cutting down on unseated trucks.

Tags: Fleet Financials, Fleets, USA Truck, Patriot Transportation

February 1, 2013 - Industry News

Covenant Reports Positive 2012 and Fourth Quarter, Compared to Year-Ago Losses

Covenant Transportation Group, Chattanooga, Tenn., saw its revenue rise nearly 10% over last year's fourth quarter and its net income turn positive compared to a loss.

Tags: Fleet Financials, Fleets, Owner-Operators, financials, Covenant, teams

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