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.
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.
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.
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.
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.
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.
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.
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.
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.
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.