Q1 2024 earnings News Updates

Business, Equipment

Cummins Sees Q1 Income Rise From Sale of Filtration Business

Engine manufacturer Cummins Inc. said its first-quarter bottom line was lifted by the March completion of its divestiture from filtration business Atmus.

May 3, 2024
Business, Logistics, For-Hire

Schneider Reports Revenue Decline of 8% to $1.32B for Q1

Schneider experienced a year-over-year decline in revenue to $1.32 billion during the first quarter of 2024, the company reported May 2.

May 2, 2024

RXO Reports Continued Brokerage Volume Growth for Q1

RXO experienced its fourth consecutive quarter of double-digit brokerage volume growth for the first quarter of 2024, the company reported May 2.

May 2, 2024
Business, Logistics

C.H. Robinson Reports Lower Revenue, Net Income for Q1

C.H. Robinson Worldwide experienced a year-over-year decline in revenue and earnings during the first quarter of 2024, the company reported May 1.

May 2, 2024
Business, Equipment

Eaton Q1 Profit Jumps 28.7% as Margins Increase

Profits at Eaton Corp. soared in the first quarter as sales and margins jumped at the component manufacturer’s largest reporting unit — Electrical Americas.

May 1, 2024
Business, Logistics

Werner Posts Revenue, Earnings Decline for Q1

Werner Enterprises experienced a decline in revenue and earnings during the first quarter of 2024, the company reported April 30.

May 1, 2024
Business, Equipment

Paccar Q1 Profit Rises, Earnings Top Expectations

Profits at Paccar Inc. surged 63.5% in the first quarter of 2024, outstripping analysts’ expectations.

May 1, 2024
Business, Technology, Logistics, Private, Global Freight

Amazon Sees Strong Q1 Results Driven by Cloud-Computing Unit

NEW YORK — Amazon reported strong results for the first quarter, driven by growth in its cloud-computing unit and a new surge of advertising dollars from its Prime Video streaming service.

April 30, 2024
Business, For-Hire

ArcBest Reports $1 Billion Revenue for Q1

ArcBest saw its bottom line swing from a profit to a loss and posted a decline in revenue during Q1 on the heels of market softness and weather-related delays, the company reported.

April 30, 2024
Business, Logistics

Saia Q1 Profit Increases 19.2% as Revenue Rises 14.3%

Saia Inc. posted a 19.2% increase in profits in the first quarter of 2024 but undershot analyst and market expectations, even as key metrics improved.

April 30, 2024