Fourth-quarter profits rose sharply at five publicly traded less-than-truckload carriers, buoyed by strong shipment growth across the sector.
February 9, 2015Business
April 27 Earnings Roundup: Swift, C.H. Robinson
Swift Transportation Co. and C.H. Robinson Worldwide Inc. reported higher first-quarter earnings, continuing the broad trend toward improved results in the truckload and logistics sector.
April 27, 2015Business
March 3 Earnings Roundup: TransForce, Accuride, Clean Energy
TransForce Inc. more than tripled fourth-quarter net income, Accuride Corp. reported a fourth-quarter loss but said revenue improved on higher sales and Clean Energy posted a fourth-quarter profit.
March 3, 2015Business
Feb. 5 Earnings Roundup: Cummins, Echo Global Logistics, Old Dominion, YRC
Two large less-than-truckload fleets reported higher fourth-quarter earnings, and net income rose slightly at engine maker Cummins Inc.
February 5, 2015Business
Feb. 4 Earnings Roundup: ArcBest, Con-way, Forward Air, Hub Group, Roadrunner, Wabash, XPO
Four more trucking businesses reported fourth-quarter results, including earnings that more than doubled at Con-way Inc., and increases of 41% at ArcBest Corp. and 10% at Roadrunner Transportation Systems.
February 4, 2015Business
Jan. 30 Earnings Roundup: Paccar, Saia
Paccar Inc. and Saia Inc. reported higher fourth-quarter earnings.
January 30, 2015Business
Jan. 29 Earnings Roundup: Landstar, Werner Say Profits Rose by About Half
Landstar System Inc. and Werner Enterprises Inc., two of the largest truckload carriers, announced fourth-quarter earnings increases of 53% and 48%, respectively, to continue the positive trend in the sector.
January 29, 2015Business
Jan. 28 Earnings Roundup: Swift, Knight, Marten, Celadon, Canadian National Railway
Four of the nation’s largest truckload fleets, including Swift Transportation Co. and Knight Transportation Inc., announced sharply higher quarterly earnings tied to factors such as higher rates and fleet growth.
January 28, 2015Business
Jan. 27 Roundup: Oshkosh, Caterpillar Earnings Decline
Specialty truck maker Oshkosh Corp. reported its fiscal first-quarter profit declined from a year ago, and Caterpillar Inc. said its fourth-quarter income fell.
January 27, 2015