Q1 2026 earnings News Updates

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.

“Outperformance was driven by higher retail volumes relative to our expectations, and retail pricing was stable sequentially,” said Ryder CEO John Diez.

Union Pacific delivered 5% higher earnings in Q1 as the railroad prepares to convince regulators that its $85 billion acquisition of Norfolk Southern is a good idea.