Earnings News Updates

BusinessLogisticsPrivate

Amazon Falls, Projects Slower Growth as Online Sales Stall

Amazon .com Inc. projected sluggish second-quarter sales growth, as consumers reduce their online spending amid rising inflation and a return to pre-pandemic activities. The shares plunged about 10% in extended trading.

April 28, 2022
BusinessEquipment

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.

April 27, 2022
BusinessLogistics

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.

April 26, 2022
BusinessLogisticsFor-Hire

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.

April 26, 2022
BusinessTechnologyFuelAutonomous

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.

April 20, 2022
BusinessEquipment

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.

March 2, 2022
BusinessLogistics

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.

February 17, 2022
BusinessLogisticsTop 50Top 100

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.

February 15, 2022
BusinessTop 100

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.

February 10, 2022
Business

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.

February 9, 2022