FedEx Net Income Soars 76% on Three Divisions’ Earnings
FedEx Corp.’s net income climbed 76% in its fiscal 2012 second quarter, helped by a third consecutive profitable quarter at the freight unit and higher earnings at the ground and express businesses.
December 19, 2011Many LTL Carriers Boost Profits in 3rd Quarter
Many less-than-truckload carriers wrestled better pricing out of shippers, made more money and generated more revenue in the third quarter, even though gains in shipments and tonnage were uneven, according to earnings statements and interviews.
November 14, 2011YRC Net Loss Jumps 26%; CEO Welch Cites ‘Progress’
YRC Worldwide Inc.’s third-quarter operating loss jumped 26% to $23.7 million from $18.8 million a year earlier because of higher expenses.
November 14, 2011Wright Express Reports Higher 3Q Profit
Wright Express Corp.’s third-quarter profit grew to $48 million, or $1.23 per share, from $21 million, or 53 cents, a year earlier.
November 10, 2011Trimac’s 3Q Income Improves
Trimac Transportation Ltd.’s third-quarter earnings rose to C$4.1 million, or 16 Canadian cents per unit, from C$3.7 million, or 14 cents, a year ago.
November 4, 2011Roadrunner’s Third-Quarter Profit Grows
Roadrunner Transportation Systems’ third-quarter profit climbed to $7.2 million, or 23 cents a share, from $4.4 million, or 14 cents, a year ago.
November 3, 2011TransForce’s 3Q Earnings Decline
TransForce Inc.’s third-quarter net income declined to C$19.3 million, or 20 cents a share, from C$24.7 million, or 26 cents, a year earlier, the Montreal-based trucking and logistics company said Tuesday.
November 1, 2011Frozen Food Express’ 3Q Loss Grows
Frozen Food Express Industries said its third-quarter loss increased from a year ago.
October 31, 2011Vitran Posts Third-Quarter Loss
Vitran Corp. on Monday reported a third-quarter loss, compared with a profit a year ago.
October 31, 2011Fleets Report Strong Quarterly Earnings
Earnings reports and comments about the current quarter from publicly traded freight-related companies are signaling continued industry strength.
October 31, 2011