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Fleet Earnings

Fleet Financial Trends Imply Solid Start to 2022

As we neared the end of 2021 and took a look at third-quarter fleet earnings reports, the news looked good — good enough that the stock prices of the group were up 15.6% during the earnings reporting season, compared to the Standard & Poor’s 500 Index that was up 7.6%.

New England Motor Freight Files for Bankruptcy

LTL carrier New England Motor Freight and its subsidiaries have voluntarily filed for Chapter 11 bankruptcy in New Jersey, intending to facilitate an orderly wind down of its operations.

What Will Earnings Look Like for Fleets This Year?

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.

Swift Improvements Help Drive Knight-Swift Earnings

Knight-Swift Transportation Holdings is growing its profits through more efficient operations, rather than by adding trucks to increase capacity, as it reported fourth-quarter 2018 results that were better than analysts expected, especially in Swift Truckload.

XPO Logistics Earnings Miss Expectations

Despite “robust organic growth” thanks to e-commerce and freight brokerage, XPO Logistics’ third-quarter earnings came in lower than analysts’ expectations, as the company cut its earnings forecast due to the collapse of a large UK customer.

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