Knight Transportation’s first-quarter earnings rose 26% to $19.1 million, or 23 cents per share, powered by stronger rates.
April 23, 2014Business
Severe Winter Cuts UPS Earnings; Package Unit Hurt Most by Storms
UPS Inc. last week said its first-quarter net income fell 12%, as higher costs triggered by bad winter weather cut companywide profitability by $200 million.
April 28, 2014Business
Ryder’s 1Q Earnings Increase
Ryder System said its first-quarter earnings rose from a year ago, led by its fleet management solutions unit, and reported record first-quarter operating revenue.
April 23, 2014BusinessLogistics
Canadian Railroads’ 1Q Earnings Rise
Canada’s two major freight railroads reported higher first-quarter earnings from a year ago despite harsh winter conditions.
April 23, 2014BusinessLogistics
Union Pacific’s 1Q Earnings Jump 14%
Union Pacific Corp.’s first-quarter earnings jumped 14% to $1.1 billion, or $2.38 a share, the company reported April 17. Revenue rose 6.6% to $5.64 billion.
April 17, 2014Business
Knight Says 1Q Earnings Higher Than Forecast
Knight Transportation Inc. said in a preliminary first-quarter earnings statement that its profit for the period exceeded an earlier forecast, reaching 22 to 23 cents per share, as demand and rates improved.
April 14, 2014BusinessLogistics
Swift Says Weather Will Affect 1Q Earnings
Swift Transportation Co. said it expects its first-quarter earnings to be 11 to 13 cents per share, lower than previously expected, due to severe weather.
April 8, 2014BusinessLogistics
Canadian Carriers Report Mixed Earnings
Canadian transportation firm TransForce Inc. said its income dropped in the fourth quarter, which was mostly attributed due to bad weather, and Contrans Group reported its earnings increased in 2014.
February 28, 2014Business
Universal Truckload’s 4Q Earnings Jump
Universal Truckload Services Inc. said its net income rose in both the fourth quarter of 2013 and the full year.
February 21, 2014Business
Three Truckload Fleets Show Weaker Profits, But Heartland’s Earnings Rise in Quarter
Three more truckload carriers reported weaker quarterly profits, citing higher costs, but Heartland Express posted improved results as earnings reports in the sector wound down last week.
February 10, 2014