Earnings News Updates

Fuel

FedEx Says Its Fiscal 1Q Earnings to Exceed Forecast

FedEx Corp. said late Tuesday its fiscal first-quarter earnings will exceed its earlier forecast, due in part to recent falling fuel costs, though it kept its full-year earnings forecast in place.

September 9, 2008
Government, Business, Fuel

UTi Worldwide Reports Higher Earnings

Air and ocean freight forwarder UTi Worldwide said its net income for its 2009 fiscal second quarter ended July 31 rose to $33.7 million, or 33 cents a share, from $27.7 million, or 28 cents a year ago.

September 8, 2008
Business

Wal-Mart’s 2Q Earnings Jump 17%; Company Boosts Full-Year Outlook

Retailer Wal-Mart Stores said Thursday its fiscal second-quarter earnings jumped 17% and the company boosted its full-year outlook.

August 14, 2008
Business

Express-1 Reports Higher 2Q Earnings

Express-1 Expedited Solutions said Thursday its second-quarter earnings rose to $774,000, or 3 cents a share, from $754,000, or 2 cents, a year ago.

August 7, 2008
Government, Business

Deutsche Post Earnings Hurt by Costs at U.S. Express Unit

Germany’s Deutsche Post AG, parent of U.S. parcel carrier DHL Express, said its second-quarter profit fell 11% to about $396 million, or 33 cents a share, on costs to revamp its parcel delivery business in North America, Bloomberg News Reported.

July 31, 2008
Business, Safety, Government

Covenant Reports 2Q Earnings

Covenant Transportation Group said late Tuesday it lost $2.3 million, or 17 cents a share, in the second quarter, compared with a loss of $11.3 million, or 80 cents, a year ago.

July 30, 2008
Business, Safety, Government

Covenant Reports 2Q Earnings

Covenant Transportation Group said late Tuesday it lost $2.3 million, or 17 cents a share, in the second quarter, compared with a loss of $11.3 million, or 80 cents, a year ago.

July 30, 2008
Business

Universal Truckload’s Earnings Slip

Universal Truckload Services, Warren, Mich., said it earned about $3.5 million, or 22 cents a share in the second quarter of 2008, down from $4.7 million, or 29 cents, in the 2007 quarter.

July 29, 2008
Business

TNT’s Second-Quarter Earnings Fall

European parcel courier TNT NV, Hoofddorp, Netherlands, said its second-quarter earnings declined to about $322 million, or 88.1 cents a share, from about $383.4 million, or 99.2 cents, a year earlier.

July 28, 2008
Business

Old Dominion’s 2Q Earnings Improve

Old Dominion Freight Line said its second-quarter profit rose to $23.9 million, or 64 cents a share, from $22.5 million, or 60 cents, a year ago.

July 24, 2008