Earnings News Updates

Rush Enterprises’ fourth-quarter net income fell 70% to $1.5 million, or 4 cents a share, from $5.1 million, or 14 cents, a year earlier.

Tank and bulk carrier Patriot Transportation Holding’s fiscal first-quarter net income fell 23.5% to $1.34 million, or 43 cents per share, from $1.7 million, or 56 cents, a year ago.

Truck maker Paccar Inc.’s fourth-quarter profit fell to $46.1 million, or 13 cents a share, from $113.1 million, or 31 cents, a year ago.

Logistics, intermodal and brokerage firm Hub Group’s fourth-quarter profit fell to $10 million, or 26 cents a share, from $14.2 million, or 38 cents, a year ago.

Union Pacific Corp. said Thursday its fourth-quarter profit fell 17% from a year ago as freight demand declined.

Tank and bulk carrier Patriot Transportation Holding’s fiscal fourth-quarter net income fell 68% to $999,000, or 32 cents per share, from $3.2 million, or $1.02, a year ago.

Eight major truckload carriers have reported third-quarter earnings, with six of them remaining profitable but at lower levels than a year ago. Revenue also declined, but some of the companies improved their operating ratios of management efficiency.

Two poultry producers who operate private truck fleets reported improved profits in the most recent quarter.