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J.B. Hunt Transport Services Inc. announced on Tuesday first quarter 2015 net earnings of $91.9 million, or diluted earnings of 78 cents per share, compared to first quarter 2014 net earnings of $68.7 million, or diluted earnings of 58 cents per share.
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Alcoa reported strong profits for the first quarter, saying its transformation "is fully on course," and is bullish about the commercial vehicle market.
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FedEx Corp. on Wednesday reported a 4% increase in revenue while profit jumped more than 50% in its most recent fiscal quarter.
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The parent to the truckstop chains TA and Petro reported sharp increases in its profits for the final quarter of last year and for all of 2014.
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A supplier of cab-related products and systems for commercial trucks and other vehicles, Commercial Vehicle Group Inc., posted higher profits for the final quarter of 2014 while it moved back into the black for all of last year.
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Natural gas engine and vehicle manufacturer Westport Innovations Inc. on Monday released earnings for the final quarter of last year and all of 2014 showing it lost less money in both periods while revenue declined.
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Navistar International Corp. announced on Tuesday that it is still losing money, but nowhere near as much as it did a year earlier, thanks to higher sales and lower warranty costs.
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Despite lower diesel prices potentially making natural gas less attractive as a fuel, Clean Energy Fuels Corp. sold more of its alternative to trucking’s main fuel last year while reporting mixed financial numbers.
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The bulk chemical transportation provider Quality Distribution Inc moved from being in the red to the black in the fourth quarter of last year and for all of 2014.
Read More →Donaldson released financial results for its fiscal second quarter ending at the close of January, showing a 14% drop in net earnings despite a small uptick in sales.
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