Earnings News Updates

Business

Meritor’s Earnings, Sales Decline

Commercial vehicle supplier Meritor Inc. reported weaker results for its fiscal second quarter.

May 9, 2016
Business

Most Fleets, Logistics Firms Record Weaker 1Q Earnings

Five more trucking and logistics companies have announced weaker results, capping a first-quarter earnings season when the slow freight market led more than two-thirds of publicly traded companies to produce lower results year-over-year.

May 9, 2016
Business

USA Truck Earnings Worsen Due to Restructuring, Weak Market

USA Truck Inc. reported a restructuring-related loss of $1.8 million, or 19 cents, as trucking and logistics performance was affected by the tough freight market.

May 5, 2016
Business

Major Logistics Firms Post Higher 1Q Profits

Quarterly earnings reports last week were divided between four logistics operators that reported improved operating results and four truckload fleets whose profits fell due to pressure on rates and minimal freight shipment growth.

May 2, 2016
Business

YRC Worldwide, Old Dominion Freight Line, Universal Truckload Services Earnings Decline

YRC Worldwide Inc.’s first quarter net loss narrowed to $12.0 million, or 37 cents per share, while earnings declined 3.6% to $60.3 million, or 72 cents, at LTL competitor Old Dominion Freight Line Inc.

April 28, 2016
Business

Trucking Companies Continue to Report Weaker Results

Earnings performance generally was weaker at the five companies that announced earnings on April 27 in a freight market described by one of the reporting companies as “difficult.â€

April 28, 2016
Business, Equipment

Wabash National First-Quarter Sales Grow, Earnings Surge

Booming sales of dry and refrigerated vans enabled trailer maker Wabash National Corp. to post first-quarter records for sales and operating income as well as gains in net income and earnings per share, the company said April 26.

April 27, 2016
Business, Logistics

Logistics Profits Help First-Quarter Earnings Rise at Three Companies

Logistics proved to be a profitable business in the first quarter as three prominent companies reported higher results.

April 27, 2016
Business

Ryder First-Quarter Earnings Rise 5%

Stronger supply chain and dedicated unit profits helped Ryder System Inc. to raise net income 5% to $56.2 million, or $1.05 per share.

April 26, 2016
Business

Difficult Freight Market Hurts Truckload Earnings

The initial round of first-quarter truckload earnings sounded a negative note, with three of four large carriers reporting weaker results in a tough freight environment.

April 25, 2016