Old Dominion Scores Win in 3Q Earnings, Surges Past Wall Street Forecasts
Old Dominion Freight Line Inc. reported a 20% climb in profits to $102.3 million, or $1.24 per share, in third-quarter profits. The results were 8 cents better than the Bloomberg News consensus forecast of analysts.
Rush Reports Record Quarterly Earnings on Higher Truck Sales, Aftermarket Strength
National truck dealership Rush Enterprises Inc. posted record quarterly profits as net income and revenue rose in the third quarter.
October 26, 2017UPS Revenues Rise, but Profits Flat in Third Quarter
UPS Inc. profits essentially were flat year-over-year in the third quarter, ticking down about 0.5% or $6 million as the parcel giant also announced a 4.9% rate increase effective Dec. 24 to match other less-than-truckload carriers.
Forward Air Posts Solid Year-Over-Year Gain in Profits
Forward Air Corp. had a steady third quarter with its results slightly topping analysts’ forecasts, indicating the for-hire carrier is moving at a measured pace for the year.
Landstar Announces Strong Results in Third Quarter
Landstar System posted stronger-than-expected earnings Oct. 25, with net income rising 17% year-over-year in the third quarter, easily surpassing the Bloomberg News consensus forecast.
Dana Reports Double-Digit Growth in 2Q Income, Sales
Dana Inc.’s net income and earnings jumped in the second quarter compared with a year earlier, attributed to improved market conditions and operational execution.
July 31, 2017UPS Global 2Q Revenue Rises 7.7%; Net Income Jumps 9.1%
UPS Inc. generated 7.7% more global revenue during the second quarter and improved net income by 9.1% year-over-year based on “balanced performance across all segments."
Werner Enterprises Profits Jump 27% on Strong Truckload Performance
Werner Enterprises Inc. scored a rare win for the truckload industry as profits increased 27% in the second quarter, easily surpassing the growth in the consensus forecast of industry analysts.