company earnings

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Editor’s Note: Updates with closing stock price Nikola Corp. set aside $125 million to potentially settle a Securities and Exchange Commission complaint but will seek to get indicted founder Trevor Milton to reimburse the civil penalty and other costs. The startup electric truck maker is awaiting full SEC approval of the settlement, which covers alleged […]

Trimble Inc.’s third-quarter revenue and adjusted earnings per share topped analyst expectations in a challenging supply chain environment.

Fleetcor’s third-quarter adjusted earnings per share grew 26% year-over-year, while new sales bookings grew 52% in the same period.

Yellow Corp. rode a hot freight market and an internal overhaul to positive net income for the first time in several quarters.

Engine maker Cummins reduces its outlook for the full year amid the supply-constrained inability to meet elevated demands.

ArcBest reported record quarterly results on Tuesday, and management sees the possibility of incremental improvement moving forward.

ArcBest posted record quarterly results for the third time this year on Tuesday. Each of its segments reported double-digit top-line growth.

Arkansas-based carrier’s trucking segment posted revenue of $113M and brokerage division posted revenue of $81M in Q3.

Universal Logistics misses third-quarter expectations and said it will look to its customers to address wage inflation and accessorial charges at the ports.

In its last quarter as part of Daimler AG, Daimler Truck reported higher unit sales but lower revenue.

Notable cost headwinds around driver sourcing and equipment downtime weighed heavily on Werner Enterprises’ third-quarter results. But the carrier still raised long-term margin expectations.

Forward Air took an aggressive step Thursday, issuing sizable earnings growth guidance through 2023. Upgrading the freight mix has management confident in the extended outlook.

The CEO of Canada trucking giant Mullen Group says the cost of freight in the country is set to press upward amid high demand, tight capacity and the end of wage subsidies.

Management from Schneider National told analysts on its third-quarter earnings call that current truckload fundamentals should carry through the end of 2021 and well into next year.

Traton Group is optimistic for future quarters as it posts solid nine-month results with recently acquired Navistar included for the first time.

Old Dominion expects the costs of growing at such a fast pace will linger for a while. The company beat third-quarter estimates and doubled down on its share-taking strategy.

Paccar made up for the loss of 7,000 deliveries in Q3 through record parts profits and higher prices for used trucks.

Specialized and flatbed carrier Daseke posted better-than-expected third-quarter results Friday. Management said the company is working on a couple of acquisitions.

Covenant Logistics Group’s managed freight segment revenue grew 89% year-over-year during the third quarter, to $90 million.