Earnings News Updates

Transportation and third-party logistics firm Pacer International on Wednesday said its second-quarter net income fell 13.8% to $12.5 million or 34 cents a share, from $14.5 million or 38 cents a year ago.

Air cargo company Atlas Air Worldwide Holdings said Wednesday it earned $43.2 million or $2.01 a share in the second quarter, up from $10.7 million or 51 cents a year ago.

Wright Express, which provides payment processing and information management services to the trucking industry, reported Tuesday it earned $18.3 million, or 45 cents a share in the second quarter, compared with $9.9 million or 24 cents in 2006.

Specialty truck maker Oshkosh Truck Corp.’s fiscal third-quarter improved and the company raised its earnings outlook for the year.

Trailer maker Wabash National Corp. reported its second-quarter profit rose to $5.9 million or 18 cents a share, from $5 million or 15 cents a year ago.

Wireless-services provider Qualcomm Inc. said its fiscal third-quarter profit jumped 24% from a year ago, to $798 million or 47 cents a share, from $643 million or 37 cents last year.

Refrigerated truckload carrier Marten Transport’s second-quarter net income plunged 42% due to lower freight rates and reduced revenue per truckload.

Heavy equipment and diesel engine manufacturer Caterpillar Inc. said Friday its second-quarter profit plunged 21%, though sales reached a record.

Truckload carrier USA Truck reported its second-quarter profit fell 63% on lower freight demand, declining to $1.6 million or 15 cents a share, from $4.4 million or 38 cents a year ago.