Old Dominion Freight Line posted record revenue and earnings for both the fourth quarter and the full year, the less-than-truckload carrier said Thursday.
February 2, 2012Business, Logistics
Expeditors’ 4Q Earnings Slip
Logistics firm Expeditors International of Washington said Tuesday its fourth-quarter profit slipped 4%, citing “irregular demand” in the quarter.
February 21, 2012Business
UPS Pension Plan Change Lowers Fourth-Quarter Profits
Fourth-quarter freight volumes and pricing generally improved for UPS Inc., but quarterly earnings declined because of a one-time $827 million noncash charge for pension accounting, the company said Jan. 31.
February 6, 2012Business
Earnings Jump at Truckload Fleets on Higher Rates, Freight
J.B. Hunt Transport Services Inc. and Werner Enterprises Inc. continued the parade of truckload operators whose fourth-quarter earnings rose with help from higher rates, stronger freight trends and key businesses such as intermodal.
February 6, 2012Business
Covenant Posts Fourth-Quarter Loss
Covenant Transportation Group reported a fourth-quarter loss as freight revenue declined.
February 2, 2012Business
Landstar’s Earnings Improve for 4Q, Year
Truckload carrier Landstar System said Thursday its fourth-quarter earnings rose to $32.6 million, or 70 cents per share, from $24.1 million, or 50 cents, a year earlier.
February 2, 2012Business
Ryder’s Fourth-Quarter Profits Improve
Ryder System said Thursday its fourth-quarter profit improved and projected its full-year revenue will rise 4% in 2012.
February 2, 2012Business
4Q Earnings of Five Truckload Carriers Rise
Five publicly traded truckload carriers have reported higher quarterly earnings, helped by higher rates and improved productivity.
January 30, 2012Business, Logistics
Norfolk Southern Reports Record Earnings
Norfolk Southern Corp. said its fourth-quarter profit rose 19%, on higher traffic and rates.
January 25, 2012Business
Most Carriers Improve 4Q Earnings, Buoyed by Rate Increases, Freight Growth
Most carriers once again im-proved earnings during the fourth quarter, riding a wave of rate increases and modest but steady freight growth, two trends that are expected to continue in 2012.
January 16, 2012