The South Carolina Ports Authority reported its 2014 fiscal year operating earnings increased 20.7% to $14.3 million.
August 21, 2014Business, Government
FedEx’s 1Q Earnings Gain 24%; Profit Margins Rise at All Units
FedEx Corp. last week reported that fiscal first-quarter net income rose 24% to $606 million, or $2.10 per share, driven by stronger growth at the Freight, Ground and Express units.
September 22, 2014Business
Quarterly Earnings Climb as Rates Rise, Fleets Say
The simultaneous improvement in freight markets and tightening capacity drove higher second-quarter industry earnings at several trucking companies last week.
July 28, 2014Business, Safety
Allison’s Second-Quarter Earnings Rise
Allison Transmission Holdings reported its second-quarter net income increased on continued recovery of the North American on- and off-highway markets.
July 23, 2014Business, Logistics
Canadian Railroads’ Second-Quarter Earnings Rise
Canada’s two major freight railroads reported higher second-quarter earnings from a year ago, recovering from challenging winter conditions last quarter.
July 23, 2014Business
Trimac’s First-Quarter Earnings Decline
Trimac Transportation’s first-quarter earnings declined from a year ago, and revenue improved.
May 12, 2014Business, Logistics
Wabash National’s 1Q Earnings Rise 27%
Trailer maker Wabash National Corp. reported its first-quarter net income jumped 27% as demand for new trailers strengthened.
April 29, 2014Business
Severe Winter Cuts UPS Earnings; Package Unit Hurt Most by Storms
UPS Inc. last week said its first-quarter net income fell 12%, as higher costs triggered by bad winter weather cut companywide profitability by $200 million.
April 28, 2014Business
Knight Transportation’s 1Q Earnings Jump 26%
Knight Transportation’s first-quarter earnings rose 26% to $19.1 million, or 23 cents per share, powered by stronger rates.
April 23, 2014Business
Ryder’s 1Q Earnings Increase
Ryder System said its first-quarter earnings rose from a year ago, led by its fleet management solutions unit, and reported record first-quarter operating revenue.
April 23, 2014