EXPD earnings fell 23% year-over-year; management cited the business cycle and warned about Q1 coronavirus impacts.
Walmart’s fiscal fourth quarter comes in light of expectations as holiday activity was lower than expected.
Into its second decade of existence, Daseke pumps the brakes on acquisitions and attempts to streamline all that it has bought.
Rush Enterprises Inc. (NASDAQ: RUSHA), which operates the largest network of commercial vehicle dealerships in North America, on Wednesday reported fourth-quarter revenue of $1.3 billion, compared to revenue of $1.5 billion for the fourth quarter of 2018. Net income for the fourth quarter was $23.8 million, or a profit of 64 cents per diluted share, […]
Acquisitions and strong less-than-truckload performance help bring record revenue to Mullen Group’s trucking and logistics business and offset declines from its struggling oil services.
Canadian transportation company delivers impressive performance in weak freight market as it finishes 2019 with 20% increase in operating income on strength of its truckload and logistics businesses.
FLEETCOR Technologies, Inc. (NYSE: FLT), a fuel-card and business-payments provider, announced fourth-quarter 2019 adjusted earnings per share (EPS) of $3.17, 14% higher year-over-year and $0.03 better than the consensus estimate. Total revenues increased 9% to $698.9 million in the fourth quarter of 2019, compared to $643.4 million in the fourth quarter of 2018. However, net […]
A difficult truck brokerage market appears to have stalled growth at Uber Freight compared to the third quarter. However, the operating loss narrowed significantly.
Company posts expected $8.6 million profit as intermodal helps offset declines from trucking and other divisions as new CEO looks to better performance in 2020.
U.S. Xpress sees a path to improved profitability in 2020 and beyond. These were just some of the highlights provided on the carrier’s earnings call.
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.
