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Werner Enterprises saw its total revenue fall 3% to $506.6 million in the second quarter compared to last year, while net income dropped 16% to $25.8 million. A cold, wet April was the primary culprit.
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Parcel and freight transport giant UPS has reported a slight drop in its second quarter profit, falling from $1.79 billion in 2012 to $1.74 billion for the most recent quarter.
Read More →Iowa-based truckload carrier Heartland Express announced financial results for the second quarter of the year, showing net income increased $0.9 million to $19.1 million compared to $18.2 million in the 2012 period, a 5% increase.
Read More →The trucking, airline and parcel operation FedEx, reports revenue increased during its fiscal fourth quarter while net earnings were sharply lower.
Read More →Several mainly truckload fleets have released first quarter results, with USA Truck and Frozen Food Express reporting narrower losses from a year ago, while Covenant Transport’s widened, P.A.M. Transportation went from a profit to a loss, and Patriot Transportation showed a bigger profit.
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YRC Worldwide has done something it hasn’t in quite a while: posted positive first quarter financial numbers.
Read More →Meritor Inc. reported financial results for its second fiscal quarter ended March 31, 2013, which included that its sales were $908 million, down $252 million or 22 percent, from the same period last year.
Read More →The first quarter earning reporting season continues with Knight Transportation and Old Dominion Freight Line reporting healthy increases in revenue and profit, with Landstar nearly hitting a record and UPS continuing to prove why it’s the biggest trucking operation in the country.
Read More →Overall business and profits declined in the first quarter of the year for the parent companies of several truck makers.
Read More →Swift Transportation, a mainly truckload carrier, saw its first quarter profit jump much higher while earnings also increased from the same time a year ago.
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