Paccar Inc. reported first-quarter income rose 38% from a year go on higher truck sales, and the company predicted higher industrywide U.S. and Canadian heavy-duty truck sales for this year.
April 21, 2015Business
March 3 Earnings Roundup: TransForce, Accuride, Clean Energy
TransForce Inc. more than tripled fourth-quarter net income, Accuride Corp. reported a fourth-quarter loss but said revenue improved on higher sales and Clean Energy posted a fourth-quarter profit.
March 3, 2015Business
USA Truck’s Earnings in 4Q Highlight Firm’s Turnaround
USA Truck Inc.’s strongest quarterly earnings report in nine years helped the company complete a turnaround in 2014 that saw it post its first full year of per-share profits since 2008.
March 2, 2015BusinessLogistics
Universal Truckload Earnings Drop 7% in 4Q
Universal Truckload Services Inc. said fourth-quarter net income fell 7% to $10.5 million, or 35 cents per share, as profits fell at its logistics business.
February 20, 2015Business
Quarterly Earnings Drop 1.9% at UPS on Rising Costs for Holiday Deliveries
UPS Inc. last week said fourth-quarter earnings fell 1.9% from a year earlier because of higher costs to deliver holiday packages, an issue that company officials insisted will be fixed.
February 9, 2015Business
Feb. 5 Earnings Roundup: Cummins, Echo Global Logistics, Old Dominion, YRC
Two large less-than-truckload fleets reported higher fourth-quarter earnings, and net income rose slightly at engine maker Cummins Inc.
February 5, 2015Business
Feb. 4 Earnings Roundup: ArcBest, Con-way, Forward Air, Hub Group, Roadrunner, Wabash, XPO
Four more trucking businesses reported fourth-quarter results, including earnings that more than doubled at Con-way Inc., and increases of 41% at ArcBest Corp. and 10% at Roadrunner Transportation Systems.
February 4, 2015Business
Feb. 3 Earnings Roundup: Heartland, Robinson, Ryder, Eaton
Heartland Express Inc., C.H. Robinson Worldwide Inc., Ryder System Inc. and Eaton Corp. reported increased fourth-quarter earnings as trucking-related business across the industry benefited from an improving economy and growing demand.
February 3, 2015Business
UPS Earnings Fall 1.9%, Hurt by Higher Package Costs
UPS Inc. announced 1.9% lower fourth-quarter earnings, excluding one-time charges, of $1.13 billion, or $1.25 per share, that were hurt in both 2014 and the prior year by a miscalculation of peak holiday shipment demand.
February 3, 2015Business
Truckload Profits Increase as Rates Rise, Firms Grow
Five of the nation’s largest truckload carriers last week said quarterly earnings rose sharply, as they capitalized on strong demand by raising rates and running more trucks.
February 2, 2015