Truck components maker Meritor Inc. reaffirmed its earnings guidance for fiscal year 2012, and said its next quarter would improve incrementally from its most recent.
March 21, 2012BusinessLogistics
Union Pacific’s 1Q Earnings Jump 35%
Union Pacific Corp. said Thursday its first-quarter profit rose 35%, boosted by higher intermodal revenue.
April 19, 2012BusinessGovernmentSafetyLogisticsAutonomous
TransForce Reports Higher 4Q Earnings
TransForce Inc.’s fourth-quarter net income rose to C$41.7 million, or 41 cents a share, from C$34.8 million, or 36 cents, a year earlier, the Montreal-based trucking and logistics company said Wednesday.
February 29, 2012BusinessLogistics
Expeditors’ 4Q Earnings Slip
Logistics firm Expeditors International of Washington said Tuesday its fourth-quarter profit slipped 4%, citing “irregular demand” in the quarter.
February 21, 2012Business
UPS Pension Plan Change Lowers Fourth-Quarter Profits
Fourth-quarter freight volumes and pricing generally improved for UPS Inc., but quarterly earnings declined because of a one-time $827 million noncash charge for pension accounting, the company said Jan. 31.
February 6, 2012Business
Earnings Jump at Truckload Fleets on Higher Rates, Freight
J.B. Hunt Transport Services Inc. and Werner Enterprises Inc. continued the parade of truckload operators whose fourth-quarter earnings rose with help from higher rates, stronger freight trends and key businesses such as intermodal.
February 6, 2012Business
Covenant Posts Fourth-Quarter Loss
Covenant Transportation Group reported a fourth-quarter loss as freight revenue declined.
February 2, 2012Business
ODFL Posts Record Profits for 4Q, Year
Old Dominion Freight Line posted record revenue and earnings for both the fourth quarter and the full year, the less-than-truckload carrier said Thursday.
February 2, 2012Business
Landstar’s Earnings Improve for 4Q, Year
Truckload carrier Landstar System said Thursday its fourth-quarter earnings rose to $32.6 million, or 70 cents per share, from $24.1 million, or 50 cents, a year earlier.
February 2, 2012Business
Ryder’s Fourth-Quarter Profits Improve
Ryder System said Thursday its fourth-quarter profit improved and projected its full-year revenue will rise 4% in 2012.
February 2, 2012