Jerry Hirsch

Business, Technology, Equipment, Fuel, Top 100

NFI Motivated to Move Forward on Electric

eCascadia Andreas Juretzka, DTNA’s head of electrification engineering, shows off the eCascadia. (Jerry Hirsch/Transport Topics)

CHINO, Calif. — For-hire carrier NFI is planning broader adoption of electric Class 8 trucks after six months of testing the Freightliner eCascadia in Southern California, the company said.

Jerry Hirsch | Contributing Writer
February 19, 2020
Business, Equipment

Dana Q4 Profits Dip, but Revenue Grows

Dana Dana products on display at an industry show. (John Sommers II for Transport Topics)

Vehicle component manufacturer Dana Inc. reported a slight increase in revenue but a dip in profits for the fourth quarter as higher interest expenses and a slide in demand for heavy-duty trucks chipped into its earnings.

Jerry Hirsch | Contributing Writer
February 13, 2020
Business, Logistics, Top 50

XPO Reports Mixed Q4, 2019 Results

XPO Logistics truck XPO Logistics

XPO Logistics Inc. posted mixed financial results for the fourth quarter and all of 2019.

Jerry Hirsch | Contributing Writer
February 11, 2020
Business, Top 100

Old Dominion Q4 Profits Dip, but 2019 Earnings Grew

Old Dominion Old Dominion Freight Line

Old Dominion Freight Line Inc. reported a dip in fourth-quarter profits and revenue as it contended with what the motor carrier called a challenging operating environment.

Jerry Hirsch | Contributing Writer
February 6, 2020
Business, Top 100

Landstar Profits, Revenue Hurt by Weak Manufacturing Sector

Landstar A Landstar truck. (John Sommers II for Transport Topics)

Landstar System Inc. saw fourth quarter and 2019 earnings and revenue fall as the company dealt with sluggish trucking conditions and difficult comparisons with record 2018 financial results.

Jerry Hirsch | Contributing Writer
February 5, 2020

Knight-Swift Sees Profit, Revenue Fall for Q4, Year

Knight-Swift Transportation John Sommers II for Transport Topics

Knight-Swift Transportation Holdings Inc. saw earnings and revenue fall in the fourth quarter as it faced greater competition and an oversupply of truckload capacity in its key market.

Jerry Hirsch | Contributing Writer
February 5, 2020
Business, Logistics, Top 100

YRC Swings to a Loss for Q4 and 2019

YRC Freight truck YRC Worldwide

YRC Worldwide Inc. posted losses for both the fourth quarter and the year as it was weighed down by the United Auto Workers strike against General Motors Co., facilities closings and weakening freight traffic in its core Midwest market.

Jerry Hirsch | Contributing Writer
February 5, 2020

Saia Q4 Earnings Dip as It Funds Rapid Expansion

Saia Though profit was down in Q4, Saia said profit was up to $113.7 million for all of 2019, 8.2% greater than the $105.0 million it earned in the prior year. (Saia)

Saia Inc. saw profits dip in the fourth quarter even though revenue continues to grow at a healthy pace.

Jerry Hirsch | Contributing Writer
February 3, 2020
Business, Technology, Equipment

Paccar Q4 Net Income Slips, but Annual Profit, Revenue Hit Records

Paccar Kenworth and Peterbilt trucks on Interstate 15 outside of Las Vegas. (John Sommers II for Transport Topics)

While revenue and profits dipped in the fourth quarter, Paccar Inc. extended its streak of annual profitability to 81 consecutive years in 2019 as it posted records for net income and revenue.

Jerry Hirsch | Contributing Writer
January 28, 2020