FedEx’s 1Q Earnings Gain 24%; Profit Margins Rise at All Units
FedEx Corp. last week reported that fiscal first-quarter net income rose 24% to $606 million, or $2.10 per share, driven by stronger growth at the Freight, Ground and Express units.
September 22, 2014S.C. Ports Authority Earnings Rise 20.7% in 2014
The South Carolina Ports Authority reported its 2014 fiscal year operating earnings increased 20.7% to $14.3 million.
August 21, 2014Quarterly Earnings Climb as Rates Rise, Fleets Say
The simultaneous improvement in freight markets and tightening capacity drove higher second-quarter industry earnings at several trucking companies last week.
July 28, 2014Allison’s Second-Quarter Earnings Rise
Allison Transmission Holdings reported its second-quarter net income increased on continued recovery of the North American on- and off-highway markets.
July 23, 2014Canadian Railroads’ Second-Quarter Earnings Rise
Canada’s two major freight railroads reported higher second-quarter earnings from a year ago, recovering from challenging winter conditions last quarter.
July 23, 2014Trimac’s First-Quarter Earnings Decline
Trimac Transportation’s first-quarter earnings declined from a year ago, and revenue improved.
May 12, 2014Wabash National’s 1Q Earnings Rise 27%
Trailer maker Wabash National Corp. reported its first-quarter net income jumped 27% as demand for new trailers strengthened.
April 29, 2014Severe Winter Cuts UPS Earnings; Package Unit Hurt Most by Storms
UPS Inc. last week said its first-quarter net income fell 12%, as higher costs triggered by bad winter weather cut companywide profitability by $200 million.
April 28, 2014Knight Transportation’s 1Q Earnings Jump 26%
Knight Transportation’s first-quarter earnings rose 26% to $19.1 million, or 23 cents per share, powered by stronger rates.
April 23, 2014Ryder’s 1Q Earnings Increase
Ryder System said its first-quarter earnings rose from a year ago, led by its fleet management solutions unit, and reported record first-quarter operating revenue.
April 23, 2014