Earnings

Business, Logistics

Maersk Drops as Company Misses Estimates After an ‘Unusual’ Year

Maersk Line

A.P. Moller-Maersk A/S fell short of earnings expectations last year but promised its shareholders that profit at the world’s biggest shipping company will grow as much as 43% in 2018.

February 9, 2018
Business, Logistics

Echo Global Logistics Revenues Surge 34.6%

Echo Global Logistics coffee mug Echo Global Logistics

Echo Global Logistics revenues surged 34.6% and profits beat analysts’ expectations by a large margin in the three months ended Dec. 31.

February 7, 2018
Business, Logistics

Amazon's Investment in Warehouses, Robots Pays Off in Rising Sales and Bigger Profit

Jim Young/Bloomberg News

Years of investments in warehouses and robots and data centers and gadgets — that have often tested investor patience — paid off big for Amazon over the holidays.

Spencer Soper | Bloomberg News
February 2, 2018
Business

Wabash National 4Q Results Climb

Wabash trailer John Sommers II for Transport Topics

Diversified trailer manufacturer Wabash National Corp. reported gains in fourth-quarter revenue and net income, but had a “reset” for the full-year as both indicators dipped.

January 30, 2018
Business

Strong 4Q Results for the New Knight-Swift

Knight-Swift Transportation reported results for its first full quarter as a single firm Jan. 30 since Knight and Swift closed on their $6 billion merger in September to become one of the largest full truckload carriers.

Burney Simpson | Staff Reporter
January 30, 2018
Business

Werner Profits Climb Despite Logistics Challenges

Werner Building Werner

Werner Enterprises reported fourth-quarter net income of $30.6 million Jan. 29, or earnings per diluted share of 42 cents, beating expectations of analysts surveyed by Bloomberg of $27.8 million and 39 cents per share. Earnings per share in the year-ago quarter was 30 cents.

Burney Simpson | Staff Reporter
January 29, 2018
Business, Logistics

Strong 4Q Helps Norfolk Southern Finish Year With a Flourish

Norfolk Southern train hauling J.B. Hunt containers John Sommers II for Transport Topics

Norfolk Southern Corp. released on Jan. 24 results for the fourth quarter and full-year 2017, beating analyst expectations and growing its intermodal revenues by 14% in the quarter.

Burney Simpson | Staff Reporter
January 24, 2018
Government, Business

Kansas City Southern Revenue, Profits Rise

Kansas City Southern train TT File Photo

Kansas City Southern announced a significant uptick in profits in the fourth quarter, but similar to virtually all U.S. companies, the final total was bolstered by the savings anticipated from the Tax Cuts and Jobs Act.

Ari Ashe | Staff Reporter
January 19, 2018
Business

J.B. Hunt Profits Grow Significantly Due to the Tax Cuts and Jobs Act

TruckPR/Flickr

J.B. Hunt Transport Services Inc. announced that profits more than tripled in the fourth quarter, although, as will be the case across multiple industries, the results were bolstered by a significant tax credit related to the Tax Cuts and Jobs Act signed last month.

Ari Ashe | Staff Reporter
January 18, 2018
Business

Heartland Express Profits Drop 37% After Added Expenses From IDC Acquisition

TT File Photo

Heartland Express Inc. announced weaker-than-expected earnings in the third quarter on Oct. 27 as higher expenses related to Interstate Distributor Co. dragged results down despite higher revenue.

Ari Ashe | Staff Reporter
October 27, 2017

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