profit News Updates

Business

Sustainability Through Fuel Economy Decisions

Program Aired: October 5, 2 p.m. ET MVT Solutions (a subsidiary of Mesilla Valley Transportation) shows the value of a good sustainability program and how it adds profits, saves time, and reduces GHG emissions at a faster rate. The simple 3-step process involves understanding the fleet, testing, and educated implementation. Done correctly, this turns a cost-center into a profit-center.  

October 5, 2023
Safety

Unlocking a Fair Rate: Reduce Insurance with Effective Driver Management

Insurance costs have been rising by double digits year-over-year, and with profit margins in the trucking industry averaging out at 5%, these cost increases are devastating. Learn from Hayden Cardiff, Founder/Co-CEO of Idelic, and Chris Vogel, Senior Vice President of Cottingham & Butler, Inc.,  as they discuss what insurance providers are really looking for.

June 25, 2020
Business

Marten Bucks the Trend With a 7.2% Increase in Profits, Beats Forecast

Marten Transport announced that profits rose 7.2% in the second quarter, easily beating the forecast from industry analysts and shifting the momentum after J.B. Hunt Transport Services’ disappointing results on July 17.

July 20, 2017
Business

LTLs Cite Better Operations for Their Improved Profits

Less-than-truckload carriers said business improved during the second quarter, but several fleets that reported higher earnings credited the results to increased operational efficiencies, rather than a significant increase in freight demand.

August 5, 2013
Business

Inflation, Rising Fuel Costs, May Impede Fleets’ Profit

Rising inflation, whether fuel, food and other basic consumer prices, or the costs of running trucking firms, presents a danger of crimping fleet profit increases this year, transportation analysts said.

May 2, 2011
Business

Trucking’s Profits Are Expected to Increase for Fourth Straight Quarter, Analysts Say

Every public trucking company is expected to post improved year-over-year earnings for the fourth quarter in a row, setting the stage for solid profits growth this year.

January 10, 2011