Quarterly Earnings

Business, Equipment

U.S. Xpress Reports Revenue Gain, Earnings Loss for Q3

U.S. Xpress CEO Eric Fuller "During the third quarter, we successfully grew total tractor count sequentially, repriced most of our dedicated portfolio and grew revenue," CEO Eric Fuller says. (U.S. Xpress Enterprises)

U.S. Xpress Enterprises reported a loss for the third quarter, but revenue increased.

Connor D. Wolf | Staff Reporter
October 22, 2021

CSX’s Q3 Earnings Beat Street Expectations

CSX locomotive CSX posted earnings of 43 cents a share in the third quarter, and the average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 38 cents per share. (Gene J. Puskar/Associated Press)

CSX Corp. announced third-quarter earnings that beat Wall Street analysts’ expectations. The Class I railroad's net income rose 32% to $968 million compared with $736 million in 2020.

Dan Ronan | Associate News Editor
October 21, 2021
Business, Equipment

Paccar Q2 Results Ride Surge in Truck Deliveries, Parts, Financial Services

Paccar trucks Peterbilt 579EV and Kenworth T680 fuel cell trucks ascend a mountain. Paccar posted $5.3 billion in revenue in the second quarter compared with $2.7 billion in Q2 of 2020. (Paccar Inc.)

Paccar Inc. reported second-quarter earnings and revenue soared compared with a year earlier amid improved truck deliveries, and record performance at its parts and financial service segments.

Roger Gilroy | Senior Reporter
July 27, 2021

Marten Transport’s Net Income up 8.7% as Revenue Hits High

Marten Transport truck on highway Marten Transport

Marten Transport saw record revenues lead to an 8.7% increase in net income, up to $16.6 million, from $15.3 million in the third quarter of 2018, according to an earnings report released Oct. 17.

Jim Stinson | Staff Reporter
October 17, 2019
Government, Business

Second-Quarter Growth Revised Down to 2%

Economic growth Andrew Harrer/Bloomberg News

U.S. economic growth decelerated in the second quarter by more than initially reported, suggesting President Donald Trump’s trade actions are weighing more heavily on the pace of expansion.

Jeff Kearns | Bloomberg News
August 29, 2019
Business, Logistics

Maersk Plunges as Investors Dump Trade Icon on Trump’s Tweets

Maersk Chris Ratcliffe/Bloomberg News

Shares in A.P. Moller-Maersk A/S, the world’s largest container shipping line, plunged the most in two months after President Donald Trump escalated his trade war against China.

Christian Wienberg | Bloomberg News
August 2, 2019
Business, Technology

Tesla Plunges on Profit Doubts, Co-Founder J.B. Straubel’s Surprise Exit

Tesla Bloomberg News

Tesla Inc. shares plummeted after a worse-than-expected loss and yet another major management change cast fresh doubts on the electric car maker’s future.

Dana Hull | Bloomberg News
July 25, 2019
Business, Technology

Volvo Quarterly Earnings Surge as North America Deliveries Jump

Volvo Krisztian Bocsi/Bloomberg News

Volvo Group’s second-quarter earnings beat analyst expectations, as truck deliveries rose and the company increased its market forecasts for North America and Europe this year.

Niclas Rolander | Bloomberg News
July 18, 2019
Business, Logistics

Home Depot Results Mixed as Wet Weather, Calendar Shift Weigh on Shares

Luke Sharrett/Bloomberg News

The Home Depot Inc. failed to fully rebound from a lackluster end to last year, with the company saying a calendar adjustment added to the drag from wet weather. Tariffs also weighed on the stock, with the company saying that a recent increase in duties isn’t included in its guidance.

Matt Townsend | Bloomberg News
May 21, 2019

Daseke Reports 32% Increase in 1Q Revenue to $433 Million

Daseke flatbed Daseke's Central Oregon Truck Co. tractor transports a flatbed load. In the flatbed division, revenue increased 84.8% to $269.7 million compared with $184.9 million a year ago. (Daseke Inc.)

Flatbed and specialized carrier Daseke Inc. reported May 6 that first-quarter revenue increased 32% to $433 million, compared with $327.6 million in the same period last year, but posted a decline in earnings due to increased investments.

Dan Ronan | Associate News Editor
May 6, 2019