Earnings News Updates

Heartland Express saw overall financial gains despite a drop in revenue during the second quarter, the company reported July 19.

Kansas City Southern, the Class I freight railroad much sought-after by two Canadian rivals, reported a second-quarter loss stemming in part from costs related to its impending merger.

Marten Transport on July 15 reported the highest operating revenue and income in its history for the second quarter.

FedEx Corp. reported a surge in bottom-line results for its fiscal fourth quarter as e-commerce continued to fuel demand for the company’s services.

Nikola Corp. posted a narrower-than-expected loss for its latest quarter as the troubled electric-vehicle startup ramped up testing of its debut battery-electric Class 8 trucks and said securities regulators investigating the company issued an additional subpoena in March.

Yellow Corp. reported a revenue gain for the first quarter of 2021, but said weather-related issues during the period took a toll on its bottom line.

Uber Technologies Inc. reported a 24% increase in gross bookings in the first quarter, driven by continued growth in the delivery business.

Dana Inc. reported higher first-quarter net income and revenue and noted its once-shutdown end markets have recovered.

The continued yearlong surge in e-commerce brought on by the COVID-19 pandemic sent FedEx’s year-over-year fiscal third-quarter net revenue up 23% to $21.5 billion, compared with $17.4 billion in the same period in 2020.

Daseke Inc. saw its fourth-quarter results swing to a profit from a year-ago loss, even as revenue declined.