Knight Adds Profit Warning On Eve of Earnings Season
Some prominent truckload fleets will report weak third-quarter earnings in part because of lost productivity related to the hours-of-service rule change that took effect July 1, company officials and analysts said.
October 14, 2013Wal-Mart Reports Higher 2Q Income, Cuts Full-Year Earnings Outlook
Wal-Mart Stores said Thursday its second-quarter profit rose from a year ago, but the company cut its full-year earnings outlook from a previous forecast.
August 15, 2013Truck Suppliers Report Lower Profits on Sluggish 2nd-Qtr. Heavy-Duty Sales
Continuing weakness in North American heavy-duty truck sales took a toll on second-quarter earnings for a group of major truck suppliers, most of which remained profitable but at lower levels than the same quarter in 2012.
August 5, 2013Goodyear’s Earnings More Than Double
Goodyear Tire & Rubber Co.’s second-quarter earnings more than doubled as its operating income jumped 27%, improving in all four of its global regions.
July 31, 2013Three Truck Makers Report Lower Earnings But Predict Higher North American Sales
Heavy-duty truck makers reported lower second-quarter profits and revenue, compared with a year ago, as the U.S. economy gradually improves.
July 29, 2013Rush Reports Lower 2Q Earnings, Will Buy Truck Dealerships in Three States
Rush Enterprises said its second-quarter profit declined from a year ago on lower sales and a retirement charge, and announced its intention to buy truck dealerships in three states.
July 26, 2013Canadian Railroads’ Earnings Improve
Canada’s two major freight railroads reported higher second-quarter earnings from a year ago on stronger rates and volume.
July 24, 2013UPS’ 2Q Earnings Dip
UPS Inc. said Tuesday that its second-quarter earnings dipped from a year ago, and the company predicted its earnings would rise by 4% to 13% in the second half of the year.
July 23, 2013UPS Cuts Full-Year Earnings Forecast
UPS Inc. said Friday it is reducing its full-year earnings forecast, citing a slowing U.S. economy.
July 12, 2013Landstar Lowers 2Q Earnings Forecast
Landstar System said it expects its second-quarter profit to be between 63 and 68 cents per share, 5 cents below its earlier forecast.
May 29, 2013