Earnings

Business

Titanium Transportation Revenue Increases 42% in Third Quarter

Titanium Transportation Vision Group

Dry van, flatbed and specialty equipment company Titanium Transportation Group Inc. reported revenue of C$44.8 million in the third quarter of 2018, compared with $31.5 million in the same period last year, representing a 42% year-over-year increase.

Dan Ronan | Associate News Editor
November 7, 2018
Business

Daseke’s Acquisition Strategy Key as 3Q Revenue Hits Record $461.6 Million

A Builders Transportation Co. truck Builders Transportation Company

Flatbed and specialized carrier Daseke Inc. reported Nov. 6 that third-quarter revenue increased 99% to $461.6 million, compared with $231.3 million in the same period last year.

Dan Ronan | Associate News Editor
November 6, 2018
Government, Business, Top 50, Top 100

Schneider’s Profits, Revenue Higher in Third Quarter

A Schneider truck Bruce Harmon/Trans Pixs

Schneider National Inc. reported higher revenue and profits in the third quarter, but not all of its business units shared in the bounty.

Daniel P. Bearth | Staff Writer
November 1, 2018
Business, Logistics

XPO Logistics Posts Higher Revenue, Profits in Third Quarter

XPO Logistics triple trailer RaymondClarkeImages/Flickr

XPO Logistics announced increased revenue and profits in the third quarter and, although the gains were less than what some investment analysts had expected, CEO Bradley Jacobs said the company implemented a record number of new logistics contracts in the quarter.

Daniel P. Bearth | Staff Writer
October 31, 2018
Business, Technology, Autonomous

Tesla Profit Blowout Reverses Much of Elon Musk’s Damage to Stock

Tesla sedan at a dealership Patrick T. Fallon/Bloomberg News

Tesla Inc. blew away expectations with just the third quarter of positive earnings in its history, bolstering Elon Musk’s bid to make selling electric cars a financially sustainable business.

Dana Hull | Bloomberg News
October 25, 2018
Business, Top 100

Covenant Transport Reports Record Profits, Revenue in 3Q

Covenant truck on a Kentucky interstate John Sommers II for Transport Topics

Covenant Transportation Group posted record revenue and profits in the third quarter as a strong freight market drove rates higher and the company began to see benefits from its recent acquisition of Landair Holdings.

Daniel P. Bearth | Staff Writer
October 23, 2018
Business

FedEx Profits Soar, Revenue Rises in Fiscal First Quarter

Mark Lennihan/Associated Press

FedEx Corp. boosted its full-year profit outlook Sept. 17 as the shipping giant reported mixed financial results for the first quarter of its 2019 fiscal year.

Roger Gilroy | Staff Reporter
September 17, 2018
Business

Rush Declares First Dividend as 2Q Revenue, Profits Climb

A Rush truck center A Rush truck center by Rush Enterprises Inc.

Truck dealership network Rush Enterprises Inc. saw revenue increase and net income spike 33% in the second quarter and announced its first-ever quarterly dividend.

Roger Gilroy | Staff Reporter
July 24, 2018
Business, Top 100

J.B. Hunt Chairman James Thompson Sells Over $1.9 Million of Shares

A tractor trailer sits parked inside a J.B. Hunt Transport Services Inc. facility in Columbus, Ohio. (Luke Sharett/Bloomberg News)

JB Hunt Transport Services Inc. Chairman James K. Thompson sold $1.98 million of shares, according to a filing with the U.S. Securities & Exchange Commission.

Bloomberg News
July 19, 2018
Business

Transport Earnings Off With a Bang in Show of Cyclical Strength

Timothy Vogel/Flickr

While this earnings season started out as a whimper for some, it’s a boom in one of the most cyclical parts of the U.S. stock market.

Lu Wang | Bloomberg News
July 18, 2018

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