Quarterly Earnings News Updates

Business, Logistics, Top 100

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.

May 3, 2023
Business, Logistics, Top 100

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.

April 28, 2023
Business, Logistics, Top 100

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.

April 27, 2023
Business, Logistics, Top 100

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, 2023
Business, Logistics, Top 100

Marten Transport Posts Mixed Financials for Q1

Marten Transport’s earnings declined despite increased revenue during the first quarter, the company reported April 18.

April 19, 2023
Business, Private

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.

February 21, 2023
Business, Equipment, Top 100

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.

February 6, 2023
Business, Logistics, Private

Amazon Revenue Beats Q4 Estimates, Profits Slump

NEW YORK — Amazon on Feb. 2 reported worse-than-expected profits, but its revenue beat expectations, boosted by sales in North America businesses and the cloud-computing unit AWS.

February 2, 2023
Business, Logistics, Top 100

ODFL Reports Record-Setting 2022; CEO Transition Plan Announced

Old Dominion Freight Line capped a record-setting year with revenue and earnings increases in the fourth quarter of 2022, the company reported Feb. 1, one day after revealing its leadership transition plan.

February 2, 2023
Business, Logistics

UPS Beats Q4 Expectations; Leadership Optimistic About Labor Negotiations

UPS Inc. announced it beat expectations for fourth-quarter adjusted profit, as it prioritized shipments of high-margin packages.

January 31, 2023