company earnings

Asset sales in Q2 helped Nikola add cash to its balance sheet, but losses widened as ramp-up of fuel cell trucks consumed cash.

Less-than-truckload carrier XPO said it would add capacity to meet the increased demand created by Yellow’s departure.

Less-than-truckload carrier XPO saw shipments and tonnage surge in July as a competitor shut down.

Texas-based flatbed carrier Daseke does not expect to see improvement in the freight market the rest of the year.

Werner Enterprises reported an earnings miss for the second quarter on Thursday after the market closed.

Supply chain technology provider Trimble posts impressive Q2 results and says truck spot rates may have “bottomed out.”

Multimodal provider Schneider National reeled in its 2023 earnings outlook by roughly 13% on Thursday.

Less-than-truckload provider Forward Air missed second-quarter earnings expectations but management noted it’s seeing a lift from Yellow’s shutdown.

Like other trucking OEMs, Daimler Truck rode higher prices to solid second-quarter results while incoming orders fell.

Truckload carrier Heartland Express reported worse-than-expected second-quarter results on Monday.

Universal Logistics reported revenue of $413 million and earnings per share of 90 cents during the second quarter.

ArcBest reported an earnings miss Friday but that may not matter as its less-than-truckload unit is quickly taking on volume as a competitor winds down.

Hub Group reported $1 billion in revenue and earnings per share $1.44 during the second quarter.

Navistar saw a big drop in orders, but deliveries of new International trucks helped parent Traton to strong second-quarter results.

Rush Enterprises posted strong Q2 sales and profits, relying on its parts and services business amid trucking headwinds.

Truck broker Landstar issued worse-than-expected third-quarter guidance Thursday and said most metrics are still underperforming normal seasonal trends.

Old Dominion reported what will likely be best-in-class results for the second quarter and said recent turmoil at competitor Yellow Corp. hasn’t altered its strategy any.

Wabash reported record Q2 earnings because it was able to price its trailers and truck bodies higher than the cost of materials.

What’s behind Paccar’s stunning Q2 profits? Inflation is part of the answer. So is a burgeoning parts footprint.

Paccar continued a string of record quarterly performances in Q2, posting a 70% gain in profits and a 24% increase in sales.