Schneider Reports 147% Jump in Earnings for Q3
Schneider National saw third-quarter earnings surge 147% from last year, using its “scaled and diversified platform” to deliver solutions, the carrier reported Oct. 28.
U.S. Xpress Reports Revenue Gain, Earnings Loss for Q3
U.S. Xpress Enterprises reported a loss for the third quarter, but revenue increased.
CSX’s Q3 Earnings Beat Street Expectations
CSX Corp. announced third-quarter earnings that beat Wall Street analysts’ expectations. The Class I railroad's net income rose 32% to $968 million compared with $736 million in 2020.
Paccar Q2 Results Ride Surge in Truck Deliveries, Parts, Financial Services
Paccar Inc. reported second-quarter earnings and revenue soared compared with a year earlier amid improved truck deliveries, and record performance at its parts and financial service segments.
Marten Transport’s Net Income up 8.7% as Revenue Hits High
Marten Transport saw record revenues lead to an 8.7% increase in net income, up to $16.6 million, from $15.3 million in the third quarter of 2018, according to an earnings report released Oct. 17.
Second-Quarter Growth Revised Down to 2%
U.S. economic growth decelerated in the second quarter by more than initially reported, suggesting President Donald Trump’s trade actions are weighing more heavily on the pace of expansion.
Maersk Plunges as Investors Dump Trade Icon on Trump’s Tweets
Shares in A.P. Moller-Maersk A/S, the world’s largest container shipping line, plunged the most in two months after President Donald Trump escalated his trade war against China.
Tesla Plunges on Profit Doubts, Co-Founder J.B. Straubel’s Surprise Exit
Tesla Inc. shares plummeted after a worse-than-expected loss and yet another major management change cast fresh doubts on the electric car maker’s future.
Volvo Quarterly Earnings Surge as North America Deliveries Jump
Volvo Group’s second-quarter earnings beat analyst expectations, as truck deliveries rose and the company increased its market forecasts for North America and Europe this year.
Home Depot Results Mixed as Wet Weather, Calendar Shift Weigh on Shares
The Home Depot Inc. failed to fully rebound from a lackluster end to last year, with the company saying a calendar adjustment added to the drag from wet weather. Tariffs also weighed on the stock, with the company saying that a recent increase in duties isn’t included in its guidance.