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Freight transportation provider J.B. Hunt Transport Services announced second quarter 2018 net earnings of $151.7 million. That’s up more than 50% from the same time a year ago, beating analysts’ expectations.
Read More →Navistar International Corp. on June 5 announced it turned around its financial picture in the second quarter of the year, with net income of $55 million compared to a second quarter 2017 net loss of $80 million.
Read More →One of the nation’s largest third-party logistics providers, C.H. Robinson grew its first quarter profit and revenue by double digits – and less-than-truckload carrier Saia reported growth by larger margins.
Read More →Not all carriers are riding high on the current trucking business environment. While a major less-than-truckload player turned a profit following a loss a year earlier, a major flatbed and specialized carrier trimmed its losses compared to a year ago, while a third-party logistics provider was barely in the black.
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Trucking company YRC Worldwide Inc. narrowed its first quarter loss but was still in the red, but it expects an improvement in its finances later in the year.
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Trucking and logistics provider XPO Logistics Inc. reported records for first quarter profit and revenue due to increasing e-commerce business.
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A load of publicly held trucking fleets released first quarter 2018 earnings – Forward Air, Knight-Swift, Landstar, Covenant, Echo Global, and Heartland – with all but one reporting better numbers than the same time a year ago.
Read More →Two trucking fleets on Thursday reported increases in their first quarter net income compared to the same time a year earlier.
Read More →The first quarter 2018 earnings reporting season for trucking began on Monday as J.B. Hunt Transport Services Inc. said its profit moved higher compared to the same time a year ago.
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Troubles continue to mount for Indiana-based trucking company Celadon Group Inc. after it launched an internal investigation into its accounting practices nearly a year ago.
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