Earnings News Updates

Business

Daseke Loses Money for Second Straight Quarter; CEO Still Optimistic About Future

Daseke Inc. lost $3.6 million in the second quarter, its second consecutive quarter in the red after the flatbed carrier joined Wall Street in February, but CEO Don Daseke remains upbeat.

August 9, 2017
Business

Expeditors International Profits Slip 6.2% in 2Q, But Just Beat the Forecast

Expeditors International of Washington Inc. announced profits slipped 6.2% in the second quarter, echoing the trend across the third-party logistics industry.

August 8, 2017
Business

Haldex Net Income Plunges in Second Quarter as Board Seeks to Curtail Takeover Bid

Commercial vehicle supplier Haldex AB reported net income plummeted and revenue improved slightly in the second quarter, amid protracted efforts by rival supplier Knorr-Bremse Group to purchase the company.

August 4, 2017
Business

YRC Remains Profitable, but Less So Than in Year-Ago Quarter

LTL carrier YRC Worldwide was profitable during the second quarter, but at a lesser level than during the same time in 2016.

August 3, 2017
Business

Allison Transmission 2Q Net Income Soars 58%, Revenue Up 22%

Allison Transmission Inc. posted strong second-quarter gains in net income and revenue following higher demand in North America for service parts and on-highway products.

August 1, 2017
BusinessLogisticsTCA

Matson’s Earnings Increase by 33% as Hawaii Cargo Shipments Decline

Matson Inc. sailed over a shallow trough of lower Hawaii cargo shipments to produce a 33% profit gain in the second quarter largely driven by enhanced business in China and Alaska.

August 1, 2017
Business

Eaton Posts Gains in 2Q Net Income, Revenue

Eaton Corp. reported net income and revenue rose during the second quarter led by gains in its electrical products segment.

August 1, 2017
BusinessTechnologyLogistics

Amazon’s Warehouses Remind Market That Dominating E-Commerce Has a Price

Amazon.com Inc. reminded investors that luring shoppers away from stores and dominating the cloud-computing industry isn’t cheap.

July 28, 2017
BusinessLogistics

UPS Reaps the Reward of Price Increases

UPS Inc. is finally figuring out how to make money from the surge in online shopping.

July 27, 2017

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