Q1 2026 earnings News Updates

Revenue dipped 11%, with the transpacific route seeing the biggest growth decline.

ArcBest posted an increase in first-quarter revenue despite freight market uncertainty, the company reported April 28.

TFI International posted a stronger first quarter than expected, aided by acquisitions made during the freight downturn that grew its industrial customer base.

Sales of GM’s Chevrolet Silverado and GMC Sierra pickups, its largest profit generators, remained strong despite gas prices surging above $4 a gallon.

UPS pressed ahead with an ongoing transformation strategy while contending with a challenging first quarter, the company reported April 28.

BP earned $3.84 billion for the quarter. A year earlier the London-based oil and gas company earned $687 million.

A positive March due to improved freight volume and higher driver utilization plus lower expenses boosted Q1 2026 results at truckload carrier Heartland Express.

Knight-Swift Transportation reported a first-quarter net loss but cited improving conditions as excess and invalid capacity exit the freight market.

The derailment in East Palestine, Ohio, has boosted earnings in recent quarters as the railroad collected insurance payments, but that wasn't the case this time.

Mullen Group’s record first-quarter revenue was primarily driven by acquisitions, the Canadian carrier noted in its earnings report April 23.