Penske Automotive Reports Record Earnings
Penske Automotive said its first-quarter income and earnings per share were the highest in its history, while Penske Logistics announced it won a bid to manage a BMW distribution center in Pennsylvania.
May 1, 2013UPS Reports Higher 1Q Profit; Reaffirms Earnings Guidance
UPS Inc. Thursday reported a higher first-quarter profit on strong e-commerce sales, reaffirmed its full-year earnings guidance and said it plans to buy a Hungary-based logistics company.
April 25, 2013Railroads Report Mixed 1Q Earnings
Norfolk Southern Corp. and Canadian Pacific reported their first-quarter profit increased but Canadian National said its profit declined.
April 24, 2013Truckload Firms Report Higher Profits, Aided by Asset Sales, Intermodal Gains
Three truckload carriers reported improved first-quarter earnings, but with significant help from sources other than traditional trucking operations.
April 22, 2013Hub Group Reports Record 1Q Earnings
Hub Group Inc. late Thursday reported record first-quarter earnings on higher revenue at its intermodal, logistics and truck brokerage units.
April 18, 2013Ceva Group’s 2012 Earnings Slip
Ceva Group, an international logistics service company based in the Netherlands, said its profit, excluding one-time items and other costs, fell 22% in 2012, hurt by customers’ shift of freight to less-expensive ocean shipping.
April 5, 2013Paccar’s Earnings Slip in 4th Quarter, But 2012 Profit Rises on Strong Sales
Paccar Inc. said fourth-quarter earnings slipped from a year earlier, but its full-year profit increased on strong sales in North America and the expansion of its global operations.
February 4, 2013Landstar’s 4Q Earnings Increase
Truckload carrier Landstar System said its fourth-quarter earnings rose, despite inconsistent demand.
January 31, 2013Analysts Express Caution Over 4Q Trucking Results
Stock market analysts are cautious about trucking’s earnings prospects for this year after the steady improvement in industry profits that began in 2010 stalled in the fourth quarter of 2012.
January 14, 2013Trimble’s Earnings Surge, Aided By PeopleNet, TMW
Trimble Navigation Ltd., the parent company of PeopleNet Communications Corp. and TMW Systems Inc., said its third-quarter profit nearly doubled from last year.
November 13, 2012