Earnings News Updates

Business

FedEx Net Income Soars 76% on Three Divisions’ Earnings

FedEx Corp.’s net income climbed 76% in its fiscal 2012 second quarter, helped by a third consecutive profitable quarter at the freight unit and higher earnings at the ground and express businesses.

December 19, 2011
Business

Many LTL Carriers Boost Profits in 3rd Quarter

Many less-than-truckload carriers wrestled better pricing out of shippers, made more money and generated more revenue in the third quarter, even though gains in shipments and tonnage were uneven, according to earnings statements and interviews.

November 14, 2011
Business

YRC Net Loss Jumps 26%; CEO Welch Cites ‘Progress’

YRC Worldwide Inc.’s third-quarter operating loss jumped 26% to $23.7 million from $18.8 million a year earlier because of higher expenses.

November 14, 2011
Business

Wright Express Reports Higher 3Q Profit

Wright Express Corp.’s third-quarter profit grew to $48 million, or $1.23 per share, from $21 million, or 53 cents, a year earlier.

November 10, 2011
Business

Trimac’s 3Q Income Improves

Trimac Transportation Ltd.’s third-quarter earnings rose to C$4.1 million, or 16 Canadian cents per unit, from C$3.7 million, or 14 cents, a year ago.

November 4, 2011
Business

Roadrunner’s Third-Quarter Profit Grows

Roadrunner Transportation Systems’ third-quarter profit climbed to $7.2 million, or 23 cents a share, from $4.4 million, or 14 cents, a year ago.

November 3, 2011
Business, Logistics

TransForce’s 3Q Earnings Decline

TransForce Inc.’s third-quarter net income declined to C$19.3 million, or 20 cents a share, from C$24.7 million, or 26 cents, a year earlier, the Montreal-based trucking and logistics company said Tuesday.

November 1, 2011
Business

Frozen Food Express’ 3Q Loss Grows

Frozen Food Express Industries said its third-quarter loss increased from a year ago.

October 31, 2011
Business

Vitran Posts Third-Quarter Loss

Vitran Corp. on Monday reported a third-quarter loss, compared with a profit a year ago.

October 31, 2011
Business

Fleets Report Strong Quarterly Earnings

Earnings reports and comments about the current quarter from publicly traded freight-related companies are signaling continued industry strength.

October 31, 2011