Earnings

Business

TFI Income Falls Despite Revenue Rise

Montreal-based truckload carrier TFI International Inc. reported third quarter net income of C$48.8 million, down nearly 9% from $53.5 million in the same period a year ago.

October 27, 2017
Business

Universal Logistics Holdings Reports First Loss Since Going Public in 2006

Universal Logistics Holdings

One week after Universal Logistics Holdings Inc. warned investors to expect a sizable hit to earnings due to a court case, the carrier announced a net loss for the first time since becoming a publicly traded company in late 2006.

Ari Ashe | Staff Reporter
October 27, 2017
Business

Dana Reports Higher 3Q Net Income, Revenue

Dana Inc. reported third-quarter gains in net income and revenue, with a third-quarter net income of $73 million, or 46 cents per share, compared with $61 million, or 39 cents, in the same period last year.

October 26, 2017
Business, Equipment

Haldex 3Q Earnings Mixed; Renews Ties to US Truck Makers

Commercial vehicle supplier Haldex AB reported net income fell and revenue inched up in the third quarter compared with a year earlier.

Roger Gilroy | Senior Reporter
October 26, 2017
Business

Covenant, Werner Report Strong Third-Quarter Earnings

Covenant truck on the highway Covenant Transportation Group generated $4.6 million in profits. (Daniel Dubois)

Three publicly traded carriers reported results on Oct. 19 with two reporting profits better than 2016 and one with a decline in the third quarter.

Ari Ashe and Burney Simpson | Staff Reporters
October 19, 2017
Business

J.B. Hunt Revenues Rise on Higher Freight Volumes

J.B. Hunt truck John Sommers II for Transport Topics

J.B. Hunt Transport Services Inc. profits fell 8.3% in the third quarter, the company announced Oct. 13, coming up short of the Bloomberg News consensus forecast of analysts.

Ari Ashe | Staff Reporter
October 13, 2017
Business, Logistics, TCA

FedEx Outlook Rosy Despite Ongoing Threats From Cybercrime, Trade Restrictions

Employees drive carts on the tarmac past a cargo plane waiting to be loaded with shipments at the FedEx Corp. distribution hub at Los Angeles International Airport (LAX) in Los Angeles. Patrick T. Fallon/Bloomberg News

FedEx “has never been stronger,” although cybercrime and threats to restrict trade pose challenges, company founder Frederick Smith said Sept. 25

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
September 26, 2017
Business, Logistics, TCA

FedEx Chief Cites Investment, Integration, Innovation as Driving Record Results

Frederick Smith Aaron M. Sprecher/Bloomberg News

FedEx chief Frederick Smith’s annual letter to shareholders credits three I’s — investments, integration and innovation — for exceptional results in fiscal 2017 and the promise of even better future performance.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
August 16, 2017
Business

TravelCenters of America Reports Net Loss of $3 Million in Second Quarter

TA Gregg Sloan/Flickr

TravelCenters of America and Commercial Vehicle Group Inc. reported second-quarter income plunged as revenues increased, albeit to varying degrees.

Roger Gilroy | Senior Reporter
August 9, 2017
Business

Daseke Loses Money for Second Straight Quarter; CEO Still Optimistic About Future

Don Daseke John Sommers II for Transport Topics

Daseke Inc. lost $3.6 million in the second quarter, its second consecutive quarter in the red after the flatbed carrier joined Wall Street in February, but CEO Don Daseke remains upbeat.

Ari Ashe | Staff Reporter
August 9, 2017

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