company earnings

U.S. Xpress reported a better-than-feared loss to close out 2019. The company expects conditions to improve in 2020.

Werner’s management team is still pointing to a truckload recovery in 2020 but noted that the first half will be a challenge.

Echo protected its margins and issued positive guidance for Q1 and 2020.

Manhattan Associates says demand for cloud-based supply chain services remains robust and led to a record peak season.

Engine maker Cummins already was predicting a difficult 2020 before the outbreak of the coronavirus in Wuhan, China, where Cummins’ manufacturing operations are shuttered.

Power management company Eaton Corp. missed analyst estimates in the fourth quarter, partially because of weakness in the automotive sector and a $50 million warranty charge.

USA Truck’s shares fall after another earnings disappointment. New turnaround initiatives were quantified on the company’s conference call.

Cass Information Systems reports a 6% year-over-year decline in transportation invoices but manages to post another full-year earnings record.

USA Truck reports another worse-than-expected loss as it revamps the company.

Daseke updates guidance, lowering the expected fourth-quarter loss. The company’s restructuring remains on track.

Aptiv’s Q4 2019 U.S. revenue stood at $3.6 billion, a decrease of 1% year-over-year.

Volvo Group reported a significant jump in its fourth-quarter income, but truck orders and net sales declined compared with 2018 numbers.

Landstar’s insurance and claims expense line hit first-quarter results, and another fatal accident results in guidance well below analysts’ expectations.

Railroad giant Norfolk Southern Corp.’s fourth-quarter profit declined 5% as the company hauled 9% less freight, officials said.  Norfolk Southern (NYSE: NSC) reported its operating and financial results for the fourth quarter of 2019 before the market opened Wednesday. Norfolk Southern (NS) reported total revenues of $2.7 billion in the fourth quarter, down 7% year-over-year, […]

Covenant Transportation continues to reallocate equipment to units with a lower risk profile like dedicated.

Covenant Transportation sees significant year-over-year decline in earnings as excess capacity and higher costs persist.

Spare aircraft engine dispositions stave off weakened demand for railcars in North America.

Procter & Gamble (NYSE: PG) released its fiscal year 2020 second-quarter results ahead of the opening bell on Thursday. The Cincinnati-based consumer products giant reported $18.2 billion in quarterly sales, a 5% increase over the previous year but short of the $18.4 billion consensus compiled by analysts who follow the company. P&G saw organic sales […]

Asset quality mostly improved but net interest margin compressed by 62 bps.

J.B. Hunt’s fourth quarter call addresses some challenges facing its brokerage and intermodal businesses.