Business, Logistics, For-Hire

Saia Reports Lower Q2 Profit, Revenue

Saia Inc. posted net income of $91.3 million in the second quarter of 2023, compared with $109.2 million in the same period a year earlier, the less-than-truckload carrier said.

Keiron Greenhalgh | Staff Reporter
July 31, 2023
Business, Logistics, For-Hire

Old Dominion Freight Line Q2 Profit Falls 22.3% Year-On-Year

Old Dominion Freight Line Inc. profits fell 22.3% year-over-year to $292.4 million in the second quarter of 2023 from $376.1 million in the year-ago period, it said.

Keiron Greenhalgh | Staff Reporter
July 31, 2023
Business, Logistics, For-Hire

ArcBest Q2 Profit More Than Halves on Weak Demand

ArcBest posted lower earnings and revenue on weaker demand for the second quarter, the Fort Smith, Ark.-based carrier announced July 28. 

Keiron Greenhalgh | Staff Reporter
July 31, 2023
Business, Equipment

Allison Q2 Profit Jumps on Strength of On-Highway Sales

Allison Transmission Holdings Inc. reported net income of $175 million in the second quarter of 2023, up 43% compared with $122 million in the same period a year earlier, the company said.

Keiron Greenhalgh | Staff Reporter
July 28, 2023
Business, Technology, Equipment

Carrier Global Q2 Profits Pegged Back by Sale Charge

Carrier Global Corp. reported a narrowed second-quarter profit of $199 million, down from $573 million in the year-ago period.

Keiron Greenhalgh | Staff Reporter
July 28, 2023
Business, Technology, Equipment

Carrier Transicold Adds Two Trailer Refrigeration Models

Carrier Transicold is rolling out two additional models in its Vector trailer refrigeration product line, the company said.  

Keiron Greenhalgh | Staff Reporter
July 28, 2023
Business, Equipment, Private

United Rentals Profit Rises on Ahern Deal, Demand Tailwind

United Rentals Inc. reported net income of $591 million in the second quarter of 2023, an increase of 19.9% from $493 million in the year-ago period, the company said.

Keiron Greenhalgh | Staff Reporter
July 28, 2023
Business, Equipment, Logistics, For-Hire

Ryder Posts Q2 Loss on Market Weakness, UK Exit Charge

Ryder System Inc. posted an $18 million loss in the second quarter of 2023, compared with a profit of $239 million in the year-ago period.

Keiron Greenhalgh | Staff Reporter
July 27, 2023
Business, Equipment

Wabash Quarterly Profit Jumps as Margin Rises

Trailer manufacturer Wabash National posted a 6.8% increase in net sales in the second quarter compared with the same period a year earlier. 

Keiron Greenhalgh | Staff Reporter
July 27, 2023
Business, Equipment

Traton’s Profit Jumps in Second Quarter

Traton SE’s profits soared in the second quarter of 2023 as sales jumped compared with the year-ago period, the parent company of Navistar said July 26.

Keiron Greenhalgh | Staff Reporter
July 26, 2023