Cummins Posts Strong Q2 Results
Cummins Inc. reported second-quarter net income and revenue soared, powered by North American engine sales. At the same time, the company announced it was exploring what it called “strategic alternatives” for its filtration business unit.
Daseke Reports Higher Profit, Revenue for Q2
Daseke Inc. saw earnings and revenue increase during the second quarter, the company reported Aug. 3.
Amazon Delivers a Mixed Bag of Q2 Results
NEW YORK — Amazon on July 29 turned in a mixed bag of results for its fiscal second quarter, coming up short of Wall Street expectations in revenue but beating them on profits.
Tesla Tops Forecasts, But Delays Semi Production to 2022
Tesla Inc. reported better-than-expected second-quarter earnings, buoyed by strong demand for its electric vehicles as it suggested deliveries this year may exceed its longer-term projections for 50% growth. But it is delaying production on its electric heavy-duty Semi truck until 2022.
Landstar Reports Record Earnings for Q2
Landstar System reported an all-time record for quarterly net income in its second-quarter financial results.
Knight-Swift Reports Surge in Q2 Earnings
Knight-Swift Transportation Holdings saw growth throughout the company, including a 90.6% increase in net income during the second quarter, the company reported July 21.
Daimler Posts $4.3 Billion Q2 Profit Despite Chip Shortage
FRANKFURT, Germany — German automaker Daimler reaped strong profits in the second quarter as demand for its Mercedes luxury cars continued to rebound from the depths of the pandemic, generating cash that the company can invest in its shift to electric vehicles.
Heartland Express Reports Q2 Revenue Loss but Income Gains
Heartland Express saw overall financial gains despite a drop in revenue during the second quarter, the company reported July 19.
KCS Performance Slips in Q2 Amid Planned CN Merger
Kansas City Southern, the Class I freight railroad much sought-after by two Canadian rivals, reported a second-quarter loss stemming in part from costs related to its impending merger.
Marten Transport Reports Record Q2 Financial Results
Marten Transport on July 15 reported the highest operating revenue and income in its history for the second quarter.