Q4 2024 earnings News Updates

Business, Equipment, Fuel

Westport Trims Q4 Loss, Renews Heavy-Duty Truck Focus

Westport Fuel Systems posted declines in Q4 and full-year net income as the equipment maker advanced its joint venture with Volvo Group and announced the sale of its light-duty business.

March 31, 2025
Business, Private, Top 100

Leading Meatpacker JBS Tops Earnings Expectations

JBS SA, the world’s largest meatpacker, posted earnings that beat expectations as strong demand for chicken and pork helped offset pressure in its U.S. beef business.

March 25, 2025
Business, Technology, Equipment

Daimler Truck Eyes Reset as Steady DTNA Awaits OTR Rebound

Daimler Truck North America had a steady fourth quarter of 2024 and full year, but the rest of Daimler Truck is set for a substantial reorganization and strategy revamp.

March 14, 2025
Government, Business, Equipment, Fuel

Traton CEO Sees EPA Pre-Buy Sales Slipping to 2026

An anticipated jump in Class 8 truck sales ahead of the arrival of stricter emissions standards might not start until 2026, the CEO of the parent company of International Motors said March 10.

March 10, 2025
Business, Logistics

Forward Air Reports Mixed Q4 Amid Stabilization Efforts

Forward Air remained focused on stabilizing operations in the aftermath of a major acquisition and change in direction leading up to the fourth quarter of 2024, the company reported Feb. 26.

February 27, 2025
Business, Private

°®¶¹´«Ã½ Depot Breaks Same-Store Sales Slump in Q4

°®¶¹´«Ã½ Depot broke a two-year slump in same-store sales during the fourth quarter as customer demand improved in a housing market that has been buffeted by soaring mortgage rates.

February 25, 2025
Government, Business, Technology, Equipment, Fuel

Rivian Reports Profit but Cuts 2025 EV Sales Forecast

Rivian Automotive said its electric-vehicle deliveries this year will fall short of Wall Street estimates as potential policy shifts in Washington threaten to further dampen EV demand.

February 20, 2025
Business, Logistics, For-Hire

TFI Q4 Profit Slumps 33% on Higher Costs, Tonnage Decrease

The Montreal-based carrier saw its truckload unit revenue jump 64% to $693.2 million, but revenue at the LTL and Logistics divisions fell by 13% and 14%, respectively.

February 20, 2025
Business, Private

Walmart Lowers Outlook for 2025

Walmart delivered another year of strong sales and profits with its competitive prices an increasingly strong magnet for shoppers, but 2025 appears to come with new challenges.

February 20, 2025
Business, Equipment, For-Hire, Top 100

Proficient Q4 Revenue Slumps 15.9% on Weaker Margins

Proficient — the No. 4-ranked auto transporter — expects industry dynamics to improve in 2025, including through a reduction in carrier capacity due to the travails of Jack Cooper Holdings.

February 14, 2025