XPO Logistics Posts Higher Revenue, Profits in Third Quarter
XPO Logistics announced increased revenue and profits in the third quarter and, although the gains were less than what some investment analysts had expected, CEO Bradley Jacobs said the company implemented a record number of new logistics contracts in the quarter.
Tesla Profit Blowout Reverses Much of Elon Musk’s Damage to Stock
Tesla Inc. blew away expectations with just the third quarter of positive earnings in its history, bolstering Elon Musk’s bid to make selling electric cars a financially sustainable business.
Covenant Transport Reports Record Profits, Revenue in 3Q
Covenant Transportation Group posted record revenue and profits in the third quarter as a strong freight market drove rates higher and the company began to see benefits from its recent acquisition of Landair Holdings.
FedEx Profits Soar, Revenue Rises in Fiscal First Quarter
FedEx Corp. boosted its full-year profit outlook Sept. 17 as the shipping giant reported mixed financial results for the first quarter of its 2019 fiscal year.
Rush Declares First Dividend as 2Q Revenue, Profits Climb
Truck dealership network Rush Enterprises Inc. saw revenue increase and net income spike 33% in the second quarter and announced its first-ever quarterly dividend.
J.B. Hunt Chairman James Thompson Sells Over $1.9 Million of Shares
JB Hunt Transport Services Inc. Chairman James K. Thompson sold $1.98 million of shares, according to a filing with the U.S. Securities & Exchange Commission.
July 19, 2018Transport Earnings Off With a Bang in Show of Cyclical Strength
While this earnings season started out as a whimper for some, it’s a boom in one of the most cyclical parts of the U.S. stock market.
Marten Transport Income Rises 50% in 2Q
Marten Transport reported a strong jump in profits and revenue in the second quarter, spurred by a rise in operating income at all four of its major divisions.
ArcBest Reports Improved First-Quarter Earnings
For-hire carrier ArcBest Corp. reported May 10 first-quarter net income of $9.9 million, or 37 cents per share, compared with a net loss of $7.4 million, or 29 cents, in the same period of 2017.
May 10, 2018Americold Bullish About Prospects After First Earnings Report Since IPO
Americold, a global operator of temperature-controlled warehouses, issued its first quarterly earnings report since becoming a publicly owned company in January and it wasn’t pretty, at least on the surface.