Truckload carrier Knight Transportation said Wednesday its second-quarter profit jumped 26% to $15.8 million, or 19 cents a share, from $12.6 million, or 15 cents, a year ago.
July 21, 2010Search
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FedEx to Pay $3 Million to Massachusetts in Contractor Case Settlement
The Massachusetts attorney general’s office said FedEx Ground has agreed to pay the state $3 million to settle claims that FedEx allegedly misclassified its drivers as independent contractors.
July 22, 2010Volvo Reports 2Q Profit
Volvo AB Thursday reported second-quarter net income of about $430 million, compared with a loss of about $760 million a year ago when orders were low.
July 22, 2010Marten’s Second-Quarter Income Rises 15%
Refrigerated truckload carrier Marten Transport’s second-quarter profit rose 15.2% as its logistics operations expanded.
July 20, 2010Eaton’s 2Q Profit Jumps
Vehicle parts manufacturer Eaton Corp. said Wednesday its second-quarter profit jumped as its truck segment sales improved 53%.
July 21, 2010Arkansas Best Cuts 2Q Loss in Half
Arkansas Best Corp. said Wednesday its second-quarter loss was half that of a year ago, as revenue and tonnage improved.
July 21, 2010Covenant Turns First Profit Since Late ’07
Covenant Transportation Group said late Wednesday it turned a profit in the second quarter, posting its best performance in several years.
July 21, 2010Rush Enterprises Posts 2Q Profit
Truck dealership Rush Enterprises reported a second-quarter profit of $5.7 million, or 15 cents a share, turning around a loss from a year ago of $1.5 million, or 4 cents per share.
July 21, 2010Hub Group’s Second-Quarter Earnings Increase
Logistics and intermodal firm Hub Group’s second-quarter profit rose 16% to $9.6 million, or 26 cents a share, from $8.3 million, or 22 cents, a year ago.
July 21, 2010Werner’s 2Q Income Improves
Werner Enterprises said late Wednesday its second-quarter profit rose, as freight shipments strengthened and overall industry capacity fell.
July 21, 2010