Haldex Net Income Plunges in Second Quarter as Board Seeks to Curtail Takeover Bid
Commercial vehicle supplier Haldex AB reported net income plummeted and revenue improved slightly in the second quarter, amid protracted efforts by rival supplier Knorr-Bremse Group to purchase the company.
August 4, 2017YRC Remains Profitable, but Less So Than in Year-Ago Quarter
LTL carrier YRC Worldwide was profitable during the second quarter, but at a lesser level than during the same time in 2016.
August 3, 2017Allison Transmission 2Q Net Income Soars 58%, Revenue Up 22%
Allison Transmission Inc. posted strong second-quarter gains in net income and revenue following higher demand in North America for service parts and on-highway products.
August 1, 2017Matson’s Earnings Increase by 33% as Hawaii Cargo Shipments Decline
Matson Inc. sailed over a shallow trough of lower Hawaii cargo shipments to produce a 33% profit gain in the second quarter largely driven by enhanced business in China and Alaska.
August 1, 2017Eaton Posts Gains in 2Q Net Income, Revenue
Eaton Corp. reported net income and revenue rose during the second quarter led by gains in its electrical products segment.
August 1, 2017Amazon’s Warehouses Remind Market That Dominating E-Commerce Has a Price
Amazon.com Inc. reminded investors that luring shoppers away from stores and dominating the cloud-computing industry isn’t cheap.
July 28, 2017UPS Reaps the Reward of Price Increases
UPS Inc. is finally figuring out how to make money from the surge in online shopping.
July 27, 2017Forward Air Reverses Second-Quarter Net Loss in 2016, Posts Nearly $20 Million in Profits
Forward Air Corp. recovered strongly after a $10 million loss one year ago, posting a profit of $19.6 million or 64 cents per share for the three-month period ending June 30.
July 26, 2017Knight Transportation Profits Down 28%, Match Forecasts After Adjustments for Swift Merger
Knight Transportation Inc. profits declined 28% in the second quarter, the latest in a series of unfavorable earnings reports from truckload carriers matching what was anticipated to be a tough first half of 2017.
July 26, 2017Patriot Transportation Struggles to Remain Profitable as Earnings Decline Sharply
Patriot Transportation Holding Inc., a tank truck carrier, announced sharply declined profits due to a significant loss of business, plunging 67% for its fiscal third quarter.
July 26, 2017