company earnings

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.

J.B. Hunt reports lower-than-expected earnings in the fourth quarter as weaker market conditions and increased investment weigh on results.

Outlook for future improvement to earnings is still hazy as Morgan Stanley analyst lowers fourth-quarter estimates for most transportation companies.

While the truckload carriers are happy to turn the page on 2019, investors in truckload stocks may be hoping for more.

The biggest truckload carrier in the U.S. Knight-Swift cuts its fourth quarter 2019 earnings outlook again. The company plans to “revise” its first quarter 2020 guidance in January.

Navistar will cut 10% of its worldwide workforce even as it gained market share for the third consecutive year.

Morgan Stanley eyeing truck capacity constraints and higher rates in 2020, potentially reaching 2018 levels or higher.

Dry bulk ocean carrier Jinhui Shipping of Hong Kong and Oslo has drifted into the red according to its third quarter results. Its nine-month results indicate the company may generate a loss this year.

Canadian firm reports a largely expected 27% jump in net income in the third quarter as revenue increases 19%; CEO lauds “predictable results in an increasingly unpredictable business environment.”

Port, engineering and property giant MMC shrugged off the trade war and economic headwinds to report massive increases in revenues and profits. Analysts issued a “buy” rating.

Integrated logistics provider and ocean carrier Harbour Link saw a boost in revenues but its costs grew too, causing its profits to weaken in the most recent quarter. A weak result in its ocean shipping division was a drag on profit as well.