Quarterly Earnings
U.S. Xpress Reports Revenue Gain, Earnings Loss for Q3
"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.
October 22, 2021CSX’s Q3 Earnings Beat Street Expectations
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.
October 21, 2021Paccar Q2 Results Ride Surge in Truck Deliveries, Parts, Financial Services
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.
July 27, 2021Marten Transport’s Net Income up 8.7% as Revenue Hits High
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.
October 17, 2019Second-Quarter Growth Revised Down to 2%
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.
August 29, 2019Maersk Plunges as Investors Dump Trade Icon on Trump’s Tweets
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.
August 2, 2019Tesla Plunges on Profit Doubts, Co-Founder J.B. Straubel’s Surprise Exit
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.
July 25, 2019Volvo Quarterly Earnings Surge as North America Deliveries Jump
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.
July 18, 2019Home 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.
May 21, 2019Daseke Reports 32% Increase in 1Q Revenue to $433 Million
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.
May 6, 2019