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

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

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

Marten Transport Income Rises 50% in 2Q

Marten Transport John Sommers II for Transport Topics

Marten Transport reported a strong jump in profits and revenue in the second quarter, spurred by a rise in operating income at all four of its major divisions.

Burney Simpson | Staff Reporter
July 17, 2018

ArcBest Reports Improved First-Quarter Earnings

ArcBest John Sommers II for Transport Topics

For-hire carrier ArcBest Corp. reported May 10 first-quarter net income of $9.9 million, or 37 cents per share, compared with a net loss of $7.4 million, or 29 cents, in the same period of 2017.

Transport Topics
May 10, 2018

Americold Bullish About Prospects After First Earnings Report Since IPO

An Americold warehouse Americold

Americold, a global operator of temperature-controlled warehouses, issued its first quarterly earnings report since becoming a publicly owned company in January and it wasn’t pretty, at least on the surface.

Daniel P. Bearth | Staff Writer
May 10, 2018

Titanium Reports Record Revenues

Titanium Transportation Group reported first-quarter net income of C$1.1 million, or 3 cents a share, up from $100,000, or zero cents, in net income a year ago.

Transport Topics
May 10, 2018

Transportation Stocks Struggle Despite a Broader Market Rally

Getty Images

Industrial stocks were poised for a rally April 27 after solid earnings reports from UPS Inc. and Raytheon Co., and a reversal of the defense and aerospace selloff that puzzled investors earlier this week. But transports are having none of that.

Esha Dey | Bloomberg News
April 27, 2018
Business, Equipment

Haldex Reports Mixed 2017 Results as Key Market Rises

Haldex brakes A worker adjusts brakes at a Haldex manufacturing plant. (TT File Photo)

Commercial vehicle supplier Haldex AB reported mixed fourth-quarter and full-year 2017 results amid an improved North American market, and as it successfully fended off an attempted takeover.

Roger Gilroy | Staff Reporter
March 23, 2018