Hub Group’s 4Q Earnings Slide
Logistics, intermodal and brokerage firm Hub Group’s fourth-quarter profit fell to $10 million, or 26 cents a share, from $14.2 million, or 38 cents, a year ago.
January 29, 2010Union Pacific’s 4Q Earnings Decline
Union Pacific Corp. said Thursday its fourth-quarter profit fell 17% from a year ago as freight demand declined.
January 21, 2010UPS Says 4Q Earnings to Exceed Guidance; Will Cut Jobs
UPS Inc. said Friday its fourth-quarter earnings will exceed an earlier forecast and that it plans to cut about 1,800 management and administrative positions.
January 8, 2010FedEx Says 2Q Earnings Will Exceed Guidance
FedEx Corp. said its fiscal second-quarter earnings will be below the same period last year but exceed its guidance for the quarter.
December 8, 2009Patriot’s Fourth-Quarter Earnings Decline
Tank and bulk carrier Patriot Transportation Holding’s fiscal fourth-quarter net income fell 68% to $999,000, or 32 cents per share, from $3.2 million, or $1.02, a year ago.
November 30, 2009Truckload Carriers Report Lower Earnings
Eight major truckload carriers have reported third-quarter earnings, with six of them remaining profitable but at lower levels than a year ago. Revenue also declined, but some of the companies improved their operating ratios of management efficiency.
November 2, 2009Tyson Foods, Pilgrim’s Pride Earnings Improve
Two poultry producers who operate private truck fleets reported improved profits in the most recent quarter.
August 4, 2009Plunge in Intermodal Business Dampens Freight Railroads’ Earnings for 2nd Quarter
A sharp drop in intermodal business helped to drag down second-quarter earnings for the largest North American railroads.
August 3, 2009Qualcomm’s Third-Quarter Earnings Slip
Wireless-services provider Qualcomm Inc. said its fiscal third-quarter earnings slipped to $737 million, or 44 cents a share, from $748 million, or 45 cents, a year ago.
July 27, 2009UPS 2nd-Qtr. Earnings Fall 49%, but 3 Main Units Stay Profitable
Second-quarter net income at UPS Inc. fell 49%, compared with a year earlier, but all three main divisions remained profitable despite the ongoing recession and a 16.7% decline in global revenue.
July 27, 2009