Earnings News Updates

BusinessEquipment

Cummins Lowers Earnings Forecast

Diesel engine maker Cummins Inc. lowered its 2008 sales and profit forecast, due to “significant declines” in demand.

December 11, 2008
BusinessLogistics

Dynamex’s Fiscal 1Q Earnings Decline

Logistics and delivery firm Dynamex Inc. said Thursday its fiscal first-quarter profit fell to $3 million, or 30 cents a share, from $4 million, or 39 cents, a year ago.

December 4, 2008
Business

Wal-Mart’s 3Q Earnings Rise

Retailer Wal-Mart Stores said Thursday its fiscal third-quarter earnings rose 10%, but the company trimmed its full-year outlook.

November 13, 2008
Business

Wright Express’ 3Q Earnings Rise

Wright Express Corp. earned $72.3 million, or $1.82 a share, in the third quarter, up from $22.3 million, or 55 cents, the previous year.

October 30, 2008
BusinessGovernmentSafety

LTL Earnings Sag in 3Q; Carriers See Weaker Demand

Publicly traded less-than-truckload carriers generally posted lower earnings in the third quarter, with several fleets warning that freight volumes would get worse as the fourth quarter unfolds.

October 27, 2008
Business

Daimler Reports Higher 3Q Earnings; Cuts ’08 Forecast

Daimler AG said Thursday its third-quarter income improved from a year ago and that its truck unit was its only division to show an improvement in earnings, though it cut its full-year earnings forecast by 1 billion euros ($1.3 billion), Bloomberg reported.

October 23, 2008
BusinessSafetyGovernment

Knight Reports Higher 3Q Earnings

Truckload carrier Knight Transportation’s third-quarter profit rose to $16.1 million, or 19 cents a share, from $14.5 million, or 17 cents, a year ago.

October 22, 2008
GovernmentBusinessSafety

Rush Enterprises’ 3Q Earnings Fall

Truck dealership Rush Enterprises’ third-quarter net income fell to $8 million, or 21 cents a share, down from $13.1 million, or 34 cents, a year ago.

October 22, 2008
BusinessTechnologyEquipmentSafety

Ryder’s 3Q Earnings Improve

Ryder System Wednesday reported third-quarter earnings of $70.2 million, or $1.25 per share, up from $65.5 million, or $1.11, a year ago.

October 22, 2008
Business

Con-way Lowers ’08 Earnings Outlook

Con-way Inc. Wednesday lowered its 2008 earnings forecast to a range of $2.60 to $2.80 a share, citing a downturn in freight demand from a lagging U.S. economy.

October 1, 2008