Strong Trailer Demand Grows Wabash Q1 Profits
Wabash reported higher profits and sales during the first quarter as motor carriers and shippers rushed to purchase trailers to meet strong freight demand.
Canadian National Reports Q1 Revenue Increase
Canadian National Railway experienced an increase in revenue but a decline in earnings during the first quarter, the company reported April 26.
UPS Reports Strong Q1 Earnings Amid Lower Package Volume
UPS Inc. reported first-quarter earnings that exceeded Wall Street expectations, saying its quarterly income increased to $3.3 billion compared with $2.77 billion in the first quarter of 2021.
Tesla Q1 Earnings 7 Times More Than Year Ago
DETROIT — Tesla reported April 20 that its first-quarter net earnings were more than seven times greater than a year ago, powered by strong sales despite global supply chain kinks and pandemic-related production cuts in China.
CVG Reports Higher Q4 Net Income, Revenue
CVG, a supplier to the commercial vehicle industry and others, reported increased net income and revenue in the fourth quarter on the strength of its vehicle solutions business, its largest segment.
Ryder Reports Q4, Full-Year Revenue Growth
Vehicle leasing and rental company Ryder System Inc. on Feb. 16 reported strong fourth-quarter and full-year 2021 earnings that easily exceeded Wall Street analysts’ expectations.
GXO Reports $2.3 Billion in Revenue for Q4
GXO Logistics saw revenue grow 19% to $2.3 billion during the fourth quarter of 2021, the company reported Feb. 15.
Forward Air Reports Record Revenue, Earnings for Q4
Forward Air Corp. on Feb. 9 reported all-time quarterly records for revenue, net income and diluted shares for the fourth quarter of 2021.
XPO Ends Eventful Year With Record $3.36 Billion Revenue
XPO Logistics Inc. achieved its highest quarterly revenue ever during the fourth quarter of 2021, the company reported Feb. 8.
Hub Group Reports Record Q4 Revenue
Hub Group Inc. reported record fourth-quarter revenue and net income as the company benefited from high pricing caused by constraints across the supply chain.