Quarterly Earnings

Business, Logistics

Daseke Extends Run of 70% Revenue Growth to Five Straight Quarters

Daseke TT File Photo

Daseke Inc. reported March 9 that fourth-quarter revenue increased to $447 million from $257.2 million in the same period last year. The flatbed and specialized carrier said it represents the fifth consecutive quarter that year-over-year revenue growth has exceeded 70%.

Dan Ronan | Associate News Editor
March 12, 2019
Business, Logistics

Lowe’s Posts Solid 4Q Results as Rival Home Depot Stumbles

Lowes Scott Eells/Bloomberg News

It was a cold winter for Lowe’s Cos., but sales largely held up. And now, CEO Marvin Ellison said demand for home improvement goods is starting to heat up, one day after rival Home Depot Inc. reported results that fell short.

Matt Townsend | Bloomberg News
February 27, 2019
Business, Fuel, Logistics

TravelCenters of America Reports Mixed 4Q, Annual Results

Travel Centers Bruce Harmon/Trans Pixs

TravelCenters of America, the nation’s only publicly traded truck stop network, reported a narrowed loss in fourth-quarter net income but an increase in revenue.

Roger Gilroy | Staff Reporter
February 26, 2019
Business, Equipment

Allison Transmission Reports Record Revenue, Net Income for 2018

allison A Detroit Diesel engine dealer that features Allison transmissions. (Bruce Harmon/Trans Pixs)

Allison Transmission Holdings Inc. reported record annual revenue and net income for 2018 while tax-related and interest expense factors led to mixed fourth-quarter results.

Roger Gilroy | Staff Reporter
February 26, 2019
Business, Logistics

Walmart Surges After Reporting Best Holiday Quarter Since 2009

Walmart Patrick T. Fallon/Bloomberg News

Walmart Inc. finally gave the U.S. retail sector some good news. The company brushed off the industry’s disappointing December sales with its best holiday quarter in at least a decade, soothing concerns about the sector’s outlook for 2019. Comparable sales for Walmart stores in the United States — a key performance barometer — rose 4.2% in the quarter that included Christmas, beating analysts’ estimates by a full percentage point.

Matthew Boyle | Bloomberg News
February 19, 2019
Business, Equipment, Logistics

Fleet Expansion Generates Record Profits at P.A.M. Transportation Services in 3Q

P.A.M. Transport truck John Sommers II for Transport Topics

Higher rates and a bigger fleet in a strong freight market produced record profits for P.A.M. Transportation Services in the third quarter.

Daniel P. Bearth | Staff Writer
October 16, 2018
Government, Business

Trump Asks SEC to Look Into Frequency of Corporate Reports

Donald Trump President Donald Trump. (Hans Pennink/AP)

NEW YORK — President Donald Trump says he’s asking federal regulators to look into the effectiveness of the quarterly financial reports that publicly traded companies are required to file.

Associated Press
August 17, 2018
Business, Logistics

XPO Logistics Posts Record Results in Second Quarter

XPO Logistics CEO Brad Jacobs XPO Logistics CEO Brad Jacobs. (CNBC via YouTube)

XPO Logistics posted its best-ever second quarter as a strong economy generated demand for freight hauling and logistics services, and the company was able to capitalize on a shift toward greater outsourcing of transportation by shippers.

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

Knight-Swift Sees Steady Revenue Rise as Merger Efforts Continue

Knight Transportation and Swift Transportation cabs Knight Transportation completed its acquisition of Swift Transportation last September. (TT File Photo)

Knight-Swift Transportation Holdings reported greater second-quarter revenue and improved income across most of its divisions as it continued the coordination of the two firms after their merger last September.

Burney Simpson | Staff Reporter
July 25, 2018
Business, Equipment

Navistar Posts 2Q Profit

Navistar LT Series over-the-road tractor LT Series on-highway tractor/Navistar

Truck and engine manufacturer Navistar International Corp. reported net income of $55 million, or 55 cents per diluted share, for the second quarter of 2018, rebounding from a net loss of $80 million, or 86 cents, in the year-ago period, the company announced

Joe Howard | Executive Editor
June 6, 2018