Maersk Profits Slip in Q1, Forecasts Weak 2023
A.P. Moller-Maersk A/S, a bellwether for global trade, signaled weaker results for the rest of 2023 after reporting first-quarter operating profit that tumbled by more than half.
XPO Reports $1.9 Billion Revenue for Q1
XPO Inc. experienced an increase in revenue despite a challenging freight environment during the first quarter of 2023, the company reported May 4.
Ford Beats Q1 Profit Estimates, Warns of Opaque 2023 Outlook
Ford Motor Co. beat Q1 profit estimates on higher pricing and increased volumes, but left its full-year outlook unchanged over concern about pricing power and economic uncertainty.
RXO Reports $1 Billion Revenue for First Full Quarter
RXO on May 3 reported revenue exceeding $1 billion in its first full quarter as an independent company. The Charlotte, N.C.-based business formerly operated within XPO.
ArcBest Reports Q1 Revenue, Earnings Decline
ArcBest experienced a year-over-year decline in revenue and earnings due to a softer freight environment and the sale of its fleet maintenance subsidiary during the first quarter.
Schneider Reports 6% Q1 Earnings Gain Despite Revenue Drop
Schneider National achieved a 6% year-over-year earnings gain despite a revenue loss during the first quarter of 2023, the company reported April 27.
Old Dominion Reports Revenue, Earnings Decline for Q1
Old Dominion Freight Line experienced a year-over-year decline in revenue and earnings during the first quarter, the company reported April 26.
April 26, 2023Marten Transport Posts Mixed Financials for Q1
Marten Transport’s earnings declined despite increased revenue during the first quarter, the company reported April 18.
Walmart Beats Q4 Expectations, Remains Cautious on Guidance
NEW YORK — Walmart on Feb. 21 reported strong sales during the holiday season as budget-conscious consumers looking for better deals on groceries and other items flocked to its stores.
Daseke Reports Q4 Revenue Growth, Earnings Decline
Daseke Inc. experienced an increase in revenue but a decline in earnings year-over-year during the fourth quarter of 2022, the company reported Feb. 6.