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Quarterly Earnings

1  -  11  of  11

February 2, 2017 - Industry News

Earnings Watch: Daimler 2016 Profit Hits Record High

The parent company to names such as Freightliner, Western Star, and Mercedes reported the best year in the company’s history, and it's expanding investment in research and development, focusing on "digitization," autonomous tech and connectivity.

Tags: Freightliner, Western Star, Daimler, Daimler Trucks North America, Quarterly Earnings

February 1, 2017 - Industry News

Earnings Watch: 4th Quarter Profit for Volvo Jumps 86%

The parent company to truck and engine manufacturers Volvo and Mack on Wednesday reported sharply higher income for the final quarter of 2016. However, the Bulldog brand last year reported its weakest number of deliveries in several years.

Tags: Volvo Trucks, Mack Trucks, Volvo Group, Quarterly Earnings

December 20, 2016 - Industry News

Earnings Watch: Navistar Ends Fiscal Year with $97 Million Loss

Navistar reported losses for both its fiscal fourth quarter and full year. But it's optimistic about the future with its pending strategic alliance with Volkswagen Truck & Bus, which has received U.S. antitrust approval.

Tags: Navistar, Quarterly Earnings, Volkswagen

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

June 7, 2016 - Industry News

Navistar Reports First Quarterly Profit in 3 Years

Orders for new HX vocational trucks and tractors are already at 70% of what was expected for the entire fiscal year, Navistar said. Photo: Navistar International

Strong parts sales offset slumps in other areas, but softening of the North American truck market will make continued profits doubtful, the company said.

Tags: Navistar, Financial Report, Earnings, Quarterly Report, Quarterly Earnings

February 18, 2016 - Industry News

Earnings Watch: Dana Reports $82 Million Loss

Dana Holding Corp. moved from a profit to a loss in the fourth quarter of last year, as sales turned lower and it felt the effects of a strong U.S. dollar on overseas operations.

Tags: Economy, Dana Holding Corp., Quarterly Earnings

February 5, 2016 - Industry News

Earnings Watch: Volvo Earnings Improve

Martin Lundstedt, president and CEO Photo: Tommy Holl

The parent company to Volvo, Mack and other truck brands is back in the black, according to earnings reports released Friday, but it plans to cut U.S. production as it nears the end of a four-year cost cutting plan.

Tags: Economy, Volvo Trucks, Quarterly Earnings, Global

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

May 1, 2015 - Industry News

YRC Worldwide Reduces First Quarter Loss

Photo via YRC

Trucking operator YRC Worldwide Inc. cut some of its losses the first quarter of the year, but was still $21.6 million in the red.

Tags: YRC Worldwide, Economy, Quarterly Earnings

October 30, 2014 - Industry News

Cummins Reports Strong Earnings in Q3

Cummins reported its third quarter revenue was $4.9 billion, a 15% increase from the third quarter of last year. Stronger demand for on-highway markets and distributor acquisitions in North America was a significant factor in revenue growth.

Tags: Cummins, Quarterly Earnings, Equity Markets, Engines

September 3, 2014 - Industry News

Navistar Narrows Losses, Hits Income Milestone for First Time Since 2011

Although its market share is not increasing as rapidly as it had expected, Navistar has made significant progress in cutting its warranty spend and other costs, and as a result posted a positive income number in its fiscal third quarter, despite lower sales than anticipated.

Tags: Warranty, Navistar, SCR, EGR, Engines, Quarterly Earnings

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