Quarterly Earnings

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
Top 100

Werner Transportation Announces First Quarter Earnings Beating Expectations

Werner Enterprises John Sommers II for Transport Topics

Werner Enterprises Inc. on April 19 reported improved year-over-year revenue and earnings for its fiscal first quarter.

Dan Ronan | Associate News Editor
April 20, 2018

Tax Reform Benefits Expeditors, Matson in 4Q

Expeditors Expeditors International of Washington Inc.

Expeditors International of Washington Inc. and Matson Inc. reported fourth-quarter and full-year 2017 results with both seeing boosts from the U.S. Tax Cuts and Jobs Act implemented in December

Burney Simpson | Staff Reporter
February 27, 2018

Patriot Transportation Earns $3.6 Million in Profits

Patriot Transportation Holding Inc. announced $3.6 million in profits in its fiscal first quarter, more than four times the amount one year ago thanks to $3 million in deferred tax benefits tied to the Tax Cuts and Jobs Act.

Transport Topics
January 31, 2018

Landstar Posts Record Profits, Revenue in 4Q

Landstar Landstar

Landstar System said it reached a key milestone in the fourth quarter of 2017 with revenue topping $1 billion for the first time and earning record profits from its asset-light trucking and freight brokerage operations.

January 31, 2018
Business, Logistics

ArcBest Ends 2017 With Strong Fourth Quarter

ABF trucks John Sommers II for Transport Topics

ArcBest Corp. ended the year with a strong fourth quarter because of better less-than-truckload pricing and lower expenses than one year ago.

Ari Ashe | Staff Reporter
January 31, 2018