Company earnings
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UPS meets solid Q3 results with ‘constructive dissatisfaction’
Higher U.S. operating costs take center stage in discussion of company’s outlook.
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Orbcomm reports third-quarter loss of $5.5M
Orbcomm Inc. reported a loss of $5.5M in its third quarter and a net loss of $0.07 per share. The company had revenue of $61.7M…
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Earlier Ryder writedowns on used fleet value positive for bottom line
In quarterly earnings report, company reports decline in revenue but big jump in net income
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Coal puts pressure on Norfolk Southern’s third-quarter revenue
The Eastern U.S. railroad reported an adjusted net income of $643 million in the third quarter of 2020, compared with $657 million a year ago.
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UPS’ third-quarter results surge past estimates
Revenue climbs to more than $21 billion, a near 16% gain.
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Covenant stock hammered on earnings, but execs affirm support for transition
Revenue and earnings beat estimates; improved OR might not stick but there are broader goals at the company
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Robinson beats earnings estimates by a penny; Forwarding saves the day
Managing for yield, Robinson shuns truckload volume growth to take a double-digit price increase.
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Old Dominion gearing up for ‘robust’ 2021
Less-than-truckload carrier Old Dominion looks to build on its record third-quarter operating ratio in what it expects will be a “robust” 2021.
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Old Dominion sets record with 74.5% operating ratio
Less-than-truckload (LTL) carrier Old Dominion sets a new operating record on its way to a 19-cents–per-share third-quarter earnings beat.
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Small revenue growth but big profit jump at Covenant in Q3
Company had forecast an OR in the low 90s and got there; tractors reduced but Parker says it’s part of the plan
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