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Earnings Watch: Two primarily truckload carriers, Knight and Covenant, saw higher profits in the second quarter, but lawsuit-related expenses kept Knight from reporting more.
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Two freight transportation providers, Forward Air and Hub Group, along with dealer group Rush Enterprises, saw second quarter earnings drop.
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Truckload and logistics provider Werner Enterprises reported record profit for the second quarter of the year on slightly lower revenue as it continues to make progress in implementing rate increases.
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J.B. Hunt Friday announced an increase in its second quarter 2015 net earnings to $103.4 million, or diluted earnings per share of 88 cents.
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Marten Transport Ltd. on Tuesday reported a 5.4% increase in net income to $8.4 million, or 25 cents per diluted share, for the second quarter of the year.
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