Paccar’s Second-Quarter Earnings Increase
Truck maker Paccar Inc.’s second-quarter profit rose to $99.6 million, or 27 cents a share, from $26.5 million, or 7 cents, a year ago, the company said.
July 27, 2010Earnings Improve for 7 of 8 Publicly Traded Carriers
Seven of the eight publicly traded motor carriers that reported second-quarter earnings last week reinforced the trend of improved financial results driven by tight capacity, along with modest rate, volume and utilization improvements.
July 26, 2010UPS Earnings Soar 71% in 2Q; Firm Upbeat for Second Half
UPS Inc. “fired on all cylinders” in the second quarter, boosting profits and firming rates, despite spottiness in the global economic recovery, Chief Executive Officer Scott Davis said July 22.
July 26, 2010Union Pacific’s 2Q Earnings Rise 53%
Union Pacific Corp. said Thursday its second-quarter net income rose 53% to $711 million, or $1.40 a share.
July 22, 2010Hub Group’s Second-Quarter Earnings Increase
Logistics and intermodal firm Hub Group’s second-quarter profit rose 16% to $9.6 million, or 26 cents a share, from $8.3 million, or 22 cents, a year ago.
July 21, 2010J.B. Hunt’s 2Q Earnings More Than Double
J.B. Hunt Transport Services said its second-quarter profit more than doubled on higher freight and a stronger economy.
July 16, 2010Landstar’s Second-Quarter Earnings Jump 40%
Truckload carrier Landstar System’s second-quarter earnings per share rose 40%, on a stronger freight environment.
July 14, 2010YRC Reconfirms Positive Adjusted 2Q Earnings
YRC Worldwide reconfirmed Monday that its second quarter adjusted earnings before interest, taxes, depreciation and amortization would be positive, within a range of $35 million to $45 million, as second-quarter tonnage improved.
July 12, 2010Wall Street Expects Better News as Fleets Report Latest Results
While Wall Street and economists are fretting about the staying power of the economic recovery, good news is expected to begin arriving this week in the form of sharply higher second-quarter earnings for publicly traded trucking firms.
July 12, 2010AutoInfo’s Earnings Improve
Third-party logistics provider AutoInfo said its first-quarter earnings rose to $425,000, or 1 cent a share, from $219,000, or 1 cent, last year.
May 21, 2010