Earnings News Updates

Business

Knight Adds Profit Warning On Eve of Earnings Season

Some prominent truckload fleets will report weak third-quarter earnings in part because of lost productivity related to the hours-of-service rule change that took effect July 1, company officials and analysts said.    

October 14, 2013
Business

Wal-Mart Reports Higher 2Q Income, Cuts Full-Year Earnings Outlook

Wal-Mart Stores said Thursday its second-quarter profit rose from a year ago, but the company cut its full-year earnings outlook from a previous forecast.

August 15, 2013
Business

Truck Suppliers Report Lower Profits on Sluggish 2nd-Qtr. Heavy-Duty Sales

Continuing weakness in North American heavy-duty truck sales took a toll on second-quarter earnings for a group of major truck suppliers, most of which remained profitable but at lower levels than the same quarter in 2012.

August 5, 2013
Business, Equipment

Goodyear’s Earnings More Than Double

Goodyear Tire & Rubber Co.’s second-quarter earnings more than doubled as its operating income jumped 27%, improving in all four of its global regions.

July 31, 2013
Business

Three Truck Makers Report Lower Earnings But Predict Higher North American Sales

Heavy-duty truck makers reported lower second-quarter profits and revenue, compared with a year ago, as the U.S. economy gradually improves.

July 29, 2013
Business

Rush Reports Lower 2Q Earnings, Will Buy Truck Dealerships in Three States

Rush Enterprises said its second-quarter profit declined from a year ago on lower sales and a retirement charge, and announced its intention to buy truck dealerships in three states.

July 26, 2013
Business, Logistics

Canadian Railroads’ Earnings Improve

Canada’s two major freight railroads reported higher second-quarter earnings from a year ago on stronger rates and volume.

July 24, 2013
Business

UPS’ 2Q Earnings Dip

UPS Inc. said Tuesday that its second-quarter earnings dipped from a year ago, and the company predicted its earnings would rise by 4% to 13% in the second half of the year.

July 23, 2013
Business

UPS Cuts Full-Year Earnings Forecast

UPS Inc. said Friday it is reducing its full-year earnings forecast, citing a slowing U.S. economy.

July 12, 2013
Business

Landstar Lowers 2Q Earnings Forecast

Landstar System said it expects its second-quarter profit to be between 63 and 68 cents per share, 5 cents below its earlier forecast.

May 29, 2013