earnings

Southwest Airlines is not used to losing money in any quarter or full year, but that will change in 2020.

Many expected a worse outcome for carriers in March as a result of the COVID-19 outbreak. Ironically, the pandemic may have padded some 1Q results.

Delta is the first of the domestic passenger airlines to release earnings since the coronavirus pandemic spread globally and the picture isn’t pretty.

PACCAR Inc. posted decent first quarter earnings despite shuttering its plants in late March because of the coronavirus pandemic. While truck orders cooled, parts sales set a record as the truck maker tries to build on 81 consecutive profitable years.

Profits grew in the fourth quarter and full-year 2019 at ATSG as its leasing and airline subsidiaries both performed well.

Atlas Air had a difficult year in 2019, but has made some tactical decisions to turn around its financial performance.

Heavy-duty transmission maker Allison reported lower sales and profits across its product line with its North America on-highway business the sole exception.

Record fourth quarter revenues were spoiled by $118 million in extra depreciation costs.

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.

Nippon Cargo Airlines’ parent company is taking a $144 million charge against earnings.

On Friday’s What The Truck?!? we talk coronavirus, ELDs, freight forecasting and more

Boeing’s earnings and revenue failed to meet expectations, and the manufacturer revealed billions more in MAX-related costs.

Alaska Airlines’ parent company also reported hefty full-year earnings in what the CEO called a “fantastic year.”

This week marked the first of what looks to be a tough earnings season. See who reported over the past seven days.

Hey hey hey, welcome to the workin’ weekend! We never hesitate to jump right in and hit you with the headlines: TA Logistics claims Celadon was insolvent in late November 2019, and for fear that future access to the shared IT system would again be blocked, and the failure to remit millions of dollars in […]

Southwest Airlines is the latest carrier to describe how the loss of capacity from the 737 MAX grounding is eating into profits.

The airline plans to take 17 new cargo-friendly widebodies this year but doesn’t know when it will see any new 737 MAXs.

Canadian auto manufacturer says it will stop developing self-driving technology with the U.S. ride-sharing company as it announces lower sales outlook for 2020.

Operating revenue for cargo operations at Delta Air Lines fell 13% for the fourth quarter ($187 million) and the full year ($753 million) compared to the same periods in 2018, a small blip in an otherwise upbeat earnings report. Delta (NYSE: DAL) reported that fourth quarter adjusted earnings per share grew 31% to $1.70 year-over-year, […]

Happy top of the weekend! Thanks for making us a part of the backhaul of your week, and boy do we have some news for you. First, we hit the headlines: Applying the restrictions of AB5 in California to the trucking industry runs afoul of federal law, according to a court case just handed down. […]