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Trucking company Swift Transportation reported a drop in earnings for the final quarter of 2013 but an increase for all of last year.
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The parent to several freight transportation providers, including Covenant Transport, has released numbers showing net income doubled in the final quarter of the year, but there was a slight decline for all of 2013.
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XPO Logistics Monday announced plans to offer 15 million shares of its common stock to help pay for its purchase of Ohio-based Pacer International.
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Freight transportation services provider J.B. Hunt Transport services has reported hitting record financial numbers for the final quarter of last year as well for all of 2013.
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Refrigerated trucking company Marten Transport has reported the highest net income for any year in its history.
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Parcel and trucking company UPS has offered a glimpse of its fourth quarter and 2013 earnings ahead of releasing its full report on Jan. 30.
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Trucking company Knight Transportation has upwardly revised estimates of its financial performance, ahead of releasing full numbers later this month
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Trucking and logistics parent company, Con-way Inc. has released guidance ahead of posting fourth quarter earnings, with the expectation they will be around what they were the same time a year ago, 21 cents per share.
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Trucking company Swift Transportation has announced it expects adjusted earnings per share to range between 33 and 36 cents per share for the fourth quarter of 2013, compared to its previous expectation of 40 cents per share.
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While Navistar has made substantial progress in its Drive to Deliver turnaround program, it still reported worse financial results for its fourth fiscal quarter than it had aimed for. Executives said the main culprits were industry truck sales levels that didn't pick up as soon as expected, and the continuing high warranty costs for its legacy all-EGR EPA-2010 engines.
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