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Trucking and parcel delivery company FedEx Corp. released on Tuesday its fiscal second quarter numbers showing significant hikes in both earnings and revenue.
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Flatbed and specialized trucking company operator Daseke Inc. moved back into the black during the third quarter after reporting a loss during the same time in 2016.
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Trucking giant Schneider National Inc. on Tuesday reported increased costs and severe weather in parts of the country kept its third quarter profit from rising significantly when compared to a year earlier.
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Truckload and logistics provider Knight-Swift Transportation Holdings Inc. released third quarter earnings on Monday that showed a big drop in profit compared to a year ago, but the numbers do not paint an entirely accurate picture following the merger of the two truckload companies.
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Trucking and logistics provider ArcBest reported third quarter numbers showing net income improved a little more than 14.5% to $14.8 million, or 56 cents per share, 2 cents below Wall Street expectations.
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Trucking and logistics provider XPO Logistics Inc. on Wednesday reported income and revenue hit a record-high of any quarter during the third quarter of 2017. C.H. Robinson and Hub Group, however, did not fare as well.
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The mainly less-than-truckload fleet Old Dominion Freight Line Inc. has reported its profit rose nearly 20% in the third quarter of the year, due in part to a better overall economy and freight rates.
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Three trucking fleets issued their third quarter earnings reports on Thursday, with two showing profits increasing significantly from the same time a year earlier, while the third was healthy but nearly the same as it was a year earlier.
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Profits for multi-modal freight transportation provider J.B. Hunt Transport Services fell a little more than 8% in the third quarter of the year despite increased revenue, with increased driver recruiting and retention costs part of the reason.
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FedEx earnings during its fiscal 2018 first quarter fell 17% from a year ago as a result of a cyberattack and Hurricane Harvey, despite a slight improvement in revenue.
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