Earnings Watch: Patriot Profit Higher, Others Mixed
Third-quarter financial reports from fleets and equipment makers continue to reflect a tepid freight environment.
November 17, 2016
Third-quarter financial reports from fleets and equipment makers continue to reflect a tepid freight environment.
November 17, 2016
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.
July 26, 2016
Car and truck maker Daimler AG reported a slight increase in its second quarter profit, but it expects significantly lower truck sales for this year. Meanwhile, one supplier is feeling the effects of the slowing North American commercial vehicle market.
July 21, 2016
The Swedish parent to truck brands Volvo, Mack and others reported its second quarter profit slid from a year ago due to lower sales in many parts of the world and has downwardly revised its expectations in North America.
July 19, 2016
Lower North American truck sales led to lower financials compared to a year ago for two Indiana-based companies.
May 3, 2016
Setting new records in a variety of different categories allowed trailer manufacturer Wabash National Corp. to report more than doubled first quarter profit over a year ago.
April 27, 2016
Earnings for two of the world’s largest truck makers moved lower in the first quarter, according to earnings reports issued Friday.
April 22, 2016
A truck component manufacturer and one of the nation’s largest truck dealer networks continue the trend of many businesses reporting lower first quarter earnings as truck sales are down from a year ago.
April 21, 2016
Truck and engine manufacturer Navistar International Corp. on Tuesday surprised many analysts with its announcement that it narrowed its losses more than expected during its most recent fiscal quarter.
March 8, 2016
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.
February 18, 2016
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.
February 10, 2016
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.
February 5, 2016
Profit for engine maker Cummins fell sharply in the final quarter of last year due to lower global demand, leading it to scale down plans for its new light-duty engines in North America, while Daimler AG saw record profits for 2015,
February 4, 2016
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.
February 3, 2016
A major OEM announced it is cutting its workforce even though it’s still well in the black as it released third quarter earnings this week while a truck and engine maker reported continued higher numbers.
October 27, 2015
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