Quarterly Earnings

Business, Logistics

LTL Carrier Yellow Reports Strong Q2 Earnings

Yellow Corp. truck Yellow's second-quarter operating income increased to $99.2 million compared with $27 million in the 2021 period. (Yellow Corp.)

Leaders with less-than-truckload carrier Yellow Corp. are touting the company’s fifth successive quarter of financial improvement and strong second-quarter earnings that beat Wall Street expectations.

Dan Ronan | Senior Reporter
August 4, 2022
Business, Equipment

Dana Q2 Net Income Drops, Revenue Rises

Dana Dana's revenue increased $400 million to $2.2 billion in the second-quarter. (Dana Inc.)

Dana Inc. reported net income dropped and revenue increased in Q2 amid a host of persistent industry challenges.

Roger Gilroy | Senior Reporter
August 3, 2022
Business, Logistics, Top 100

GXO Posts $2.2 Billion in Q2 Revenue, Marks First Anniversary

GXO robots at an automated warehouse GXO robots at an automated warehouse. Demand for automated solutions is growing stronger, CEO Malcolm Wilson says. (GXO Logistics)

GXO Logistics Inc. closed out its first year as an independent company with revenue and earnings growth in the second quarter of 2022, the company reported Aug. 2.

Connor D. Wolf | Staff Reporter
August 3, 2022
Business, For-Hire, Top 100

ArcBest Reports Record-Setting Quarter for Q2

ABF Freight truck ABF Freight contributed to ArcBest's asset-based segment with an increase in average weight per shipment. (David B./Flickr

ArcBest Corp. posted records for quarterly revenue, operating income and net income for the second quarter of 2022.

Connor D. Wolf | Staff Reporter
July 29, 2022
Business, Logistics, For-Hire, Top 100

Forward Air Reports Record-Setting Quarter for Q2

Forward Forward Air increased earnings by 80.7% and revenue by 22.5% in the second quarter. (Forward Air Corp.)

Forward Air Corp. on July 27 reported all-time quarterly records for revenue, income from operations and net income per diluted share for the second quarter.

Connor D. Wolf | Staff Reporter
July 28, 2022
Business, Logistics, For-Hire, Top 100

ODFL Reports Profit, Revenue Records for Second Quarter

Old Dominion Freight Line truck The LTL carrier's second-quarter performance of $3.30 per share and $1.67 billion in revenue exceeded Wall Street expectations. (Old Dominion Freight Line Inc.)

Old Dominion Freight Line set records for revenue and profitability during the second quarter of 2022, the company reported July 27.

Connor D. Wolf | Staff Reporter
July 27, 2022
Business, Equipment

Paccar Reports in Q2 All-Time Quarterly Net Income, Revenue

Peterbilt EV truck A Peterbilt electric truck. Peterbilt is a division of Paccar, which reported record net income and revenue for the second quarter. (Paccar Inc.)

Paccar Inc. reported record net income and revenue for the second quarter as all segments of its business showed strength.

Roger Gilroy | Senior Reporter
July 27, 2022
Business, Logistics, For-Hire

UPS Beats Q2 Estimates, but Delivery Volume Drops More Than Expected

UPS John Sommers II for Transport Topics

UPS Inc. posted better-than-expected second-quarter earnings July 26, thanks in part to a big leap in the price of domestic parcel revenues during the three-month period that ended June 30.

Dan Ronan | Senior Reporter
July 26, 2022
Business

CSX Reports Q2 Earnings That Beat Expectations

CSX locomotive CSX's revenue increased 28% to $3.81 billion compared with $2.99 billion in the 2021 period. (Tom Biery/Trans Pix)

Class I freight railroad CSX Corp. reported strong second-quarter results July 20, bolstered by automotive shipments, but said hiring and retention challenges continue.

Dan Ronan | Senior Reporter
July 21, 2022
Business, Logistics, For-Hire, Top 100

Knight-Swift Posts Higher Earnings, Revenue for Q2

Knight-Swift photo illustration Knight-Swift's earnings and revenue gains in the second quarter stem from its strategy to develop essential services for third-party carriers, the company's CEO said. (John Sommers II for Transport Topics)

Knight-Swift Transportation Holdings Inc. experienced revenue and earnings growth during the second quarter, the company reported July 20.

Connor D. Wolf | Staff Reporter
July 21, 2022

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