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Earnings
Business, Technology, Equipment, Fuel

Paccar Reports Strong Q4 Revenue, Income

Peterbilt 579EV battery-electric truck

Paccar Inc. beat market expectations for fourth-quarter earnings Jan. 24, aided by strong demand for its trucks from customers looking to replace older, outdated vehicles.

Dan Ronan | Senior Reporter
January 25, 2023
Business, Global Freight

Union Pacific Profit Disappoints After Costly Winter Storms

Union Pacific freight trains

Union Pacific Corp. reported fourth-quarter profit that missed analysts’ estimates as disruptions from winter storms drove up costs.

Thomas Black | Bloomberg News
January 24, 2023
Business, For-Hire, Global Freight

FedEx Profit Tops Estimates as Higher Prices Offset Decline in Shipments

A delivery truck leaves a FedEx Express facility

FedEx Corp. on Dec. 20 reported fiscal-year, second-quarter income that beat Wall Street expectations and revenue that fell below expectations.

Dan Ronan | Senior Reporter
December 21, 2022
Business, Logistics, Private

Walmart’s Grocery Gains Power Sales Beat and Stock Jump

Vehicles in a parking lot at a Walmart store

Walmart Inc. jumped Nov. 15 after the retail giant reported strong quarterly results and boosted its annual forecast, putting its shares on pace to erase this year’s losses.

Janet Freund | Bloomberg News
November 15, 2022
Business, Technology, Equipment

Nikola Posts Earnings Beat, Skips Electric Truck Update

A Nikola Corp. Tre FCEV truck

Nikola Corp. posted quarterly sales above expectations as production of its battery-electric trucks ramped up, but didn’t provide updated guidance on its previous goal of delivering at least 300 trucks this year.

Ed Ludlow | Bloomberg News
November 3, 2022
Business, Technology, Global Freight

CSX Q3 Profit Up 15% as Railroad Hauls 2% More Freight

A CSX train engine

CSX Corp. delivered 15% more profit in the third quarter as it handled 2% more freight and worked to eliminate the delays shippers have been complaining about for months.

Josh Funk | Associated Press
October 21, 2022
Business, Technology

Tesla Sales Rise, but Revenue Still Lower Than Expected

Outside the Tesla South Austin showroom

Tesla Inc. shares declined in early trading after the electric car maker reported lower-than-expected revenue and acknowledged it isn’t immune from economic headwinds.

Bloomberg News
October 20, 2022
Business, Private

PepsiCo Lifts Outlook as Drink, Snack Sales Buck Inflation

Bottles of PepsiCo Inc. brand Pepsi soda for sale at a grocery store in Bagdad, Ky.

PepsiCo Inc. said its playbook for battling inflation is still working, with price hikes fueling double-digit gains in sales despite lower volumes of snack purchases.

Brett Pulley | Bloomberg News
October 12, 2022
Business, Fuel

Rivian Cuts Annual Earnings Forecast on Inflation, Supply Woes

Rivian Automotive Inc. posted quarterly sales above Wall Street’s expectations and reaffirmed its delivery forecast, but the electric vehicle maker trimmed its full-year earnings expectations as it continues to grapple with supply chain snags, high costs and economic volatility.

Ed Ludlow | Bloomberg News
August 11, 2022
Business, Logistics, Private

Amazon Reports Strong Sales That Ease Fears of Slowdown

Amazon .com Inc. reported revenue that topped estimates and gave a strong sales forecast for the current quarter, allaying investor concerns about potential belt-tightening by inflation-rattled consumers. Shares jumped more than 10% in extended trading.

Spencer Soper | Bloomberg News
July 28, 2022

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