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Arkansas Best, has reported second quarter 2013 net income but continued to sustain losses for the first six months of the year as costs for salaries, wages and benefits at less-than-truckload carrier subsidiary ABF Freight System, offset improving revenue...
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The parent to several trucking companies, YRC Worldwide, lost money in the second quarter of the year, but not as much when compared to the same time a year ago.
Read More →More carriers have reported second quarter financial results, with both Covenant Transport and Universal Truckload showing a decline in profit, Pacer showing a slighter bigger one, and Saia and P.A.M. showing increases in both profit and revenue.
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Arkansas-based USA Truck announced improved year-over-year financial results for the second quarter of the year, with an 7.7% increase in revenue and a lower net loss than the same time last year.
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Less-than-truckload carrier Old Dominion Freight Line has reported a big boost in profit and business for the second quarter of the year as well as the first half of 2013.
Read More →Asset-light trucking company Landstar System has reported a second quarter downturn in profit and business but expects a pickup in the current quarter.
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The multi-service trucking provider Swift Transportation saw an increase in both earnings and revenue during the second quarter of the year. The Arizona-based operation posted a profit of $42.9 million compared to $33.7 million from the same time a year ago.
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Phoenix-based truckload and logistics services provider Knight Transportation reports profit in the second quarter of the year declined slightly, despite an uptick in revenue.
Read More →Werner Enterprises saw its total revenue fall 3% to $506.6 million in the second quarter compared to last year, while net income dropped 16% to $25.8 million. A cold, wet April was the primary culprit.
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Parcel and freight transport giant UPS has reported a slight drop in its second quarter profit, falling from $1.79 billion in 2012 to $1.74 billion for the most recent quarter.
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