Earnings News Updates

Frozen Food Express Industries said its third-quarter loss increased from a year ago.

Vitran Corp. on Monday reported a third-quarter loss, compared with a profit a year ago.

Earnings reports and comments about the current quarter from publicly traded freight-related companies are signaling continued industry strength.

Universal Truckload Services said its third-quarter profit increased on higher truckload revenue.

Canadian transportation firm Mullen Group reported its third-quarter profit declined to C$11 million, or 14 cents per share, from C$28 million, or 36 cents, a year before.

Saia Inc. said Wednesday its third-quarter net income nearly doubled from a year ago on higher revenue and improved pricing.

Canada’s two biggest freight railroads reported mixed earnings this week.

Volvo AB’s third-quarter profit jumped 36% and the company predicted industrywide heavy-duty truck sales in North America will rise 20% next year, Bloomberg reported Tuesday.

Ryder System said Tuesday its third-quarter profit increased from a year ago and raised its earnings forecast for the rest of 2011.

Truck and auto components maker Eaton Corp. said Monday it posted record third-quarter earnings per share, up 37% from last year.