Earnings News Updates

Government, Business, Safety

Rush Enterprises’ 2Q Earnings Fall

Truck dealership Rush Enterprises’ first-quarter net income fell to $6.1 million, or 16 cents a share, down from $13 million, or 34 cents, a year ago.

July 24, 2008
Government, Business, Safety, Logistics

Hub Group Reports Higher 2Q Earnings

Third-party logistics company and freight broker Hub Group’s second-quarter net income rose to $15 million, or 40 cents a share, from $13.8 million, or 35 cents, a year ago.

July 24, 2008
Business, Safety, Government

Knight Reports Lower 2Q Earnings

Truckload carrier Knight Transportation’s second-quarter profit fell to $12.7 million, or 15 cents a share, from $18.2 million, or 21 cents, a year ago.

July 24, 2008
Business

Qualcomm’s Third-Quarter Earnings Slip

Wireless-services provider Qualcomm Inc. said its fiscal third-quarter earnings fell 6% to $748 million, or 45 cents a share, from $798 million, or 47 cents, a year ago.

July 24, 2008
Government, Business

Volvo’s Earnings Improve; Truck Orders Drop

Volvo AB said Wednesday its second-quarter earnings jumped 28%, as rising sales in Europe overcame a downturn in North America, Bloomberg reported.

July 23, 2008
Business, Technology, Equipment, Safety

Ryder Reports Mixed 2Q Earnings

Ryder System Wednesday reported a second-quarter profit of $62.9 million, or $1.10 per share, compared with $65.1 million, or $1.07 per share, a year ago.

July 23, 2008
Fuel

UPS’ Second-Quarter Earnings Decline

UPS Inc. said Tuesday its second-quarter earnings per share fell 18.3%, due to high fuel costs and a sluggish U.S. economy.

July 22, 2008
Business, Fuel, Government

Forward Air’s 2Q Earnings Improve

Forward Air Corp. said its second-quarter profit rose to $12.1 million, or 42 cents a share, from $11.5 million, or 38 cents, a year ago.

July 21, 2008
Business

USA Truck’s 2Q Earnings Improve

Truckload carrier USA Truck’s second-quarter profit rose to $2.1 million, or 21 cents per share, from $1.6 million, or 15 cents, a year ago.

July 17, 2008
Business

ODFL Boosts 2Q, Full-Year Earnings Outlook

Old Dominion Freight Line on Wednesday raised its second-quarter and full-year earnings outlook, citing improved tonnage.

July 16, 2008