Business, Logistics, Top 100

FedEx Earnings Take a Hit as International Shipping Slows

FedEx warehouse Mark Lennihan/Associated Press

FedEx Corp. reported higher revenue but lower profits in the third quarter of fiscal 2019 and cut its earnings forecast for the remainder of the year.

Daniel P. Bearth | Staff Writer
March 19, 2019
Business, Logistics, Top 50, Top 100

XPO Logistics Reports Disappointing Earnings

XPO Logistics truck XPO Logistics via YouTube

XPO Logistics reported disappointing earnings for the fourth quarter of 2018 and lowered its guidance for 2019 due, in large part, to a sharp drop-off in shipments from its largest customer — believed to be Amazon.com.

Daniel P. Bearth | Staff Writer
February 14, 2019

Echo Global Logistics Posts Record Revenue, Higher Profits in 4Q

Echo Global Logistics

Echo Global Logistics posted record revenue and higher profits in the fourth quarter of 2018 as strong freight demand boosted demand for freight brokerage services and more shippers outsourced freight management activities.

Daniel P. Bearth | Staff Writer
February 6, 2019

Volvo Reports Mixed 4Q Results

Volvo logo on a truck grille Justin Ide/Bloomberg News

Volvo Group reported fourth-quarter revenue rose as net income fell, while higher worldwide truck orders and deliveries increased both revenue and net income for the full year.

Roger Gilroy | Staff Reporter
February 1, 2019

UPS Exceeds Expectations With Strong 4Q Earnings

UPS Freight truck John Sommers II for Transport Topics

UPS Inc. reported fourth-quarter earnings that beat Wall Street expectations, the package delivery company reported Jan. 31.

Dan Ronan | Associate News Editor
January 31, 2019

C.H. Robinson Worldwide 4Q Revenue, Profits Beat Analysts’ Estimates

C.H. Robinson HQ TT File Photo

Freight broker and produce distributor C.H. Robinson Worldwide turned in better-than-expected financial results in the fourth quarter of 2018, posting strong gains in revenue and higher profits across nearly all of its business lines, easing concern from some investors about a deceleration in freight shipments in the year ahead.

Daniel P. Bearth | Staff Writer
January 30, 2019

FedEx Reports Strong 2Q Earnings

A FedEx Express truck makes deliveries Christopher Dilts/Bloomberg News

FedEx Corp. reported a 20.6% increase in net income in its fiscal second-quarter financial results released Dec. 18.

Dan Ronan | Associate News Editor
December 18, 2018

Titanium Transportation Revenue Increases 42% in Third Quarter

Titanium Transportation Vision Group

Dry van, flatbed and specialty equipment company Titanium Transportation Group Inc. reported revenue of C$44.8 million in the third quarter of 2018, compared with $31.5 million in the same period last year, representing a 42% year-over-year increase.

Dan Ronan | Associate News Editor
November 7, 2018

Daseke’s Acquisition Strategy Key as 3Q Revenue Hits Record $461.6 Million

A Builders Transportation Co. truck Builders Transportation Company

Flatbed and specialized carrier Daseke Inc. reported Nov. 6 that third-quarter revenue increased 99% to $461.6 million, compared with $231.3 million in the same period last year.

Dan Ronan | Associate News Editor
November 6, 2018
Government, Business, Top 50, Top 100

Schneider’s Profits, Revenue Higher in Third Quarter

A Schneider truck Bruce Harmon/Trans Pixs

Schneider National Inc. reported higher revenue and profits in the third quarter, but not all of its business units shared in the bounty.

Daniel P. Bearth | Staff Writer
November 1, 2018