Jan. 27 Roundup: Oshkosh, Caterpillar Earnings Decline
Specialty truck maker Oshkosh Corp. reported its fiscal first-quarter profit declined from a year ago, and Caterpillar Inc. said its fourth-quarter income fell.
January 27, 2015UPS Lowers 4Q Earnings Forecast on Holiday Costs
UPS Inc. said fourth-quarter earnings per share will be $1.25, lagging Wall Street estimates, because of higher costs related to U.S. deliveries during the peak season.
January 23, 2015Jan. 22 Roundup: J.B. Hunt, Covenant Post Higher 4Q Earnings
J.B. Hunt Transport Services and Covenant Transportation Group reported stronger fourth-quarter profits, providing a positive early look at quarterly financial results for large, publicly traded trucking companies.
January 22, 2015UPS Outlines 2015 Earnings Forecast
UPS Inc. said it expects to earn $5.45 to $5.70 per share in 2015, up 10% to 15% from this year’s adjusted results, and that revenue will rise 5% to 6% over 2014.
Trimble’s Third-Quarter Earnings Slide
Transportation technology supplier Trimble Navigation Ltd. said third-quarter earnings fell from a year ago, due in large part to a legal judgment against the company and weaker-than-expected sales of its agricultural products.
November 4, 2014Trucking Suppliers Report Higher 3Q Earnings
Several trucking industry suppliers reported higher third-quarter earnings, citing strength in North American on-highway markets.
Heartland’s Third-Quarter Earnings Rise
Heartland Express’ third-quarter profits climbed 43% from a year ago as freight demand remained strong.
Universal Truckload’s Earnings Decline in 3Q
Universal Truckload Services Inc.’s third-quarter earnings slipped to $13.1 million, or 44 cents per share, from $13.7 million, or 46 cents, a year ago.
Werner Posts Higher 3Q Earnings
Werner Enterprises’ third-quarter profit climbed 22% from a year ago, with the truckload carrier citing “consistent strength” in freight demand.
Fleets to Post Higher 3Q Earnings on Rising Rates, Strong Economy
Third-quarter earnings at nearly all publicly traded trucking businesses are expected to show solid year-over-year growth, propelled by factors such as higher rates and the improving economy, industry analysts believe.
October 20, 2014