Echo Global Logistics Revenues Surge 34.6%
Echo Global Logistics revenues surged 34.6% and profits beat analysts’ expectations by a large margin in the three months ended Dec. 31.
February 7, 2018Amazon's Investment in Warehouses, Robots Pays Off in Rising Sales and Bigger Profit
Years of investments in warehouses and robots and data centers and gadgets — that have often tested investor patience — paid off big for Amazon over the holidays.
February 2, 2018Wabash National 4Q Results Climb
Diversified trailer manufacturer Wabash National Corp. reported gains in fourth-quarter revenue and net income, but had a “reset” for the full-year as both indicators dipped.
January 30, 2018Strong 4Q Results for the New Knight-Swift
Knight-Swift Transportation reported results for its first full quarter as a single firm Jan. 30 since Knight and Swift closed on their $6 billion merger in September to become one of the largest full truckload carriers.
January 30, 2018Werner Profits Climb Despite Logistics Challenges
Werner Enterprises reported fourth-quarter net income of $30.6 million Jan. 29, or earnings per diluted share of 42 cents, beating expectations of analysts surveyed by Bloomberg of $27.8 million and 39 cents per share. Earnings per share in the year-ago quarter was 30 cents.
January 29, 2018Strong 4Q Helps Norfolk Southern Finish Year With a Flourish
Norfolk Southern Corp. released on Jan. 24 results for the fourth quarter and full-year 2017, beating analyst expectations and growing its intermodal revenues by 14% in the quarter.
January 24, 2018Kansas City Southern Revenue, Profits Rise
Kansas City Southern announced a significant uptick in profits in the fourth quarter, but similar to virtually all U.S. companies, the final total was bolstered by the savings anticipated from the Tax Cuts and Jobs Act.
January 19, 2018J.B. Hunt Profits Grow Significantly Due to the Tax Cuts and Jobs Act
J.B. Hunt Transport Services Inc. announced that profits more than tripled in the fourth quarter, although, as will be the case across multiple industries, the results were bolstered by a significant tax credit related to the Tax Cuts and Jobs Act signed last month.
January 18, 2018Heartland Express Profits Drop 37% After Added Expenses From IDC Acquisition
Heartland Express Inc. announced weaker-than-expected earnings in the third quarter on Oct. 27 as higher expenses related to Interstate Distributor Co. dragged results down despite higher revenue.
October 27, 2017TFI Income Falls Despite Revenue Rise
Montreal-based truckload carrier TFI International Inc. reported third quarter net income of C$48.8 million, down nearly 9% from $53.5 million in the same period a year ago.
October 27, 2017