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Categories: Operations
Sixt Posts Record Revenue in First Quarter

Consolidated revenue reached EUR 69.1 million ($758.8 million) in Q1, with North America and Germany the biggest growth drivers.

https://www.automotive-fleet.com/10198728/sixt-posts-record-revenue-in-first-quarter
Categories: Fleet Management
Drivers Left Stranded After Falcon Transport Stops Operations

Ohio-based Falcon Transport has ceased operations, notifying its truck drivers over the weekend to stop working and leaving some stranded in the field.

https://www.truckinginfo.com/330745/drivers-left-stranded-after-falcon-transport-stops-operations
Categories: Fleet Management
Estes Offers $15 Million for New England Motor Freight Assets

Estes Express Lines has bid $15 million to acquire assets of the Eastern Freight Ways and Carrier Industries divisions of the bankrupt carrier New England...

https://www.truckinginfo.com/330714/estes-offers-15-million-for-new-england-motor-freight-assets
Categories: Fleet Management
New England Motor Freight Files for Bankruptcy

LTL carrier New England Motor Freight and its subsidiaries have voluntarily filed for Chapter 11 bankruptcy in New Jersey, intending to facilitate an...

https://www.truckinginfo.com/324922/new-england-motor-freight-files-for-bankruptcy
Categories: Fleet Management
J.B. Hunt Reports 20% Increase in Revenue for Year, Expects Growth in Intermodal

J.B. Hunt Transport Services announced fourth quarter net earnings of $88.7 million were down compared to last year’s $385.3 million, but revenues were up...

https://www.truckinginfo.com/323282/j-b-hunt-reports-20-increase-in-revenue-last-year-expects-growth-in-intermodal
Categories: Fleet Management
XPO Logistics Earnings Miss Expectations

Despite “robust organic growth” thanks to e-commerce and freight brokerage, XPO Logistics’ third-quarter earnings came in lower than analysts’ expectations,...

https://www.truckinginfo.com/318197/xpo-logistics-earnings-miss-expectations
Categories: Fleet Management
Saia Beats Earnings Per Share Projections

Transportation provider Saia has posted a record second quarter earnings per share of $1.15, up from 68 cents a year ago.

https://www.truckinginfo.com/310283/saia-beats-earnings-per-share-projections
Categories: Fleet Management
Earnings Watch: U.S. Xpress Reports Big Year-over-Year Gains

In its first earnings report since going public, U.S. Xpress reported substantial improvements in revenue, operating income, and operating ratio compared to...

https://www.truckinginfo.com/310279/earnings-watch-u-s-xpress-reports-big-year-over-year-gains
Categories: Fleet Management
Earnings Watch: Old Dominion, Covenant Transport, Knight Swift Report Higher Profits

Trucking fleets Old Dominion, Covenant Transport, and Knight Swift all reported higher profits for the second quarter.

https://www.truckinginfo.com/309700/earnings-watch-old-dominion-covenant-transport-knight-swift-report-higher-profit
Categories: Fleet Management, Operations
FedEx Delivers Quarterly Profit of More Than $1 Billion

Parcel delivery and trucking company FedEx Corp. on Tuesday reported it turned its finances around dramatically in the most recent quarter as it also...

https://www.automotive-fleet.com/140966/fedex-delivers-quarterly-profit-of-more-than-1-billion


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