J.B. Hunt Transport Earnings Rise
J.B. Hunt Transport Services Inc. reported that its fourth-quarter net income rose 9.4% to $91.9 million, or 77 cents per share, helped by stronger intermodal, brokerage and dedicated freight business.
Marten Reports Record Earnings in 2013
Truckload carrier Marten Transport reported 2013 was the best financial year in its history, but fourth-quarter income declined.
January 22, 2014Knight Increases Earnings Forecasts
Knight Transportation Inc. has increased its profit forecasts for the fourth quarter of 2013 and the first quarter of 2014, citing better performance than it had previously expected.
January 21, 2014Covenant Expects Higher 4Q Earnings
Covenant Transportation Group Inc. said it expects fourth-quarter 2013 net income of 18 cents to 22 cents a share, compared with 10 cents a share in the previous year’s quarter.
January 15, 2014Meritor Reports Higher 4Q Earnings
Truck component maker Meritor Inc. said its fiscal fourth-quarter earnings jumped from a year ago in part on the sale of its stake in Suspensys Sistemas Automotivos.
November 13, 2013YRC Delays Earnings, Plans Teamsters Contract Extension Talks
YRC Worldwide Inc. delayed its scheduled Nov. 7 third-quarter earnings announcement until Nov. 12 to provide more time for contract modification talks with the Teamsters as lenders press the less-than-truckload carrier to lower its costs.
OEMs Post Mixed Quarterly Earnings
Truck manufacturers Daimler Trucks and Paccar Inc. posted higher third-quarter profits, but Volvo AB reported lower earnings.
November 4, 2013Knight Reports Lower 3Q Earnings
Knight Transportation Inc. said Oct. 23 its third-quarter profit declined on a “difficult operating environment.”
October 23, 2013Railroads Report Increased 3Q Earnings
Norfolk Southern Corp., Canadian Pacific and Canadian National Railway Co. reported their third-quarter profits increased.
October 23, 2013Rush Reports Higher Third-Quarter Earnings
Rush Enterprises said its third-quarter profit increased to $15.2 million, or 37 cents a share, from $14.9 million, or 38 cents, a year ago. Sales rose 22.5% to $913.1 million.
October 23, 2013