
With our 2019 economics and truck volume forecast in place, where should that take us in terms of earnings, and where are we in the course of the earnings cycle for truckers? Commentary from the February issue of Heavy Duty Trucking magazine.
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Navistar International reported increased income and market shares in its year-end financial results with company president and CEO Troy Clarke calling 2018 "a breakout year for Navistar."
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Navistar is bullish on the trucking industry and its own growth, as truck orders appear to show no signs of slowing and the company reports its Class 8 market share is up 2.7 points over a year ago while its 13L heavy engine share more than doubled.
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Transportation provider Saia has posted a record second quarter earnings per share of $1.15, up from 68 cents a year ago.
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In its first earnings report since going public, U.S. Xpress reported substantial improvements in revenue, operating income, and operating ratio compared to a year earlier.
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For its second quarter, XPO Logistics reported increased revenue, net income, adjusted EBITDA, and cash flow.
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Daimler AG reported a decline in profitiability and revenue in the second quarter and also announced a corportate restructuring which will split off Mercedes-Benz AG, Daimler Truck AG, and Daimler Mobility AG.
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Growth across all business segments let to higher earnings for trucking and parcel delivery giant UPS in the second quarter.
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The asset-light trucking and logistics provider Roadrunner Transportation Systems Inc. reported its first quarter operating results on Monday that showed a bigger loss than it reported a year earlier as it also said its now in compliance with government reporting rules.
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Quarterly profit for parcel delivery and trucking company FedEx Corp., topped $1 billion once again.
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