Heartland Express is keying in on cost cutting to improve its operating ratio and stem a run of quarters in the red. The North Liberty, Iowa-based company posted a loss in the fourth quarter of 2024 ...

Mario Harik, chief executive officer of XPO, said, “We delivered strong results in the second quarter, with adjusted EBITDA of $340 million and adjusted diluted EPS of $1.05, both exceeding ...

Kevin Freeman, President and CEO, opened by stating, "Old Dominion's third quarter financial results reflect continued softness in the domestic economy. Our revenue declined 4.3% compared to the third ...

Norfolk Southern (NS) on Oct. 22 reported third-quarter 2024 financial results that reflected an adjusted operating ratio of 63.4%, excluding the “impact of railway line sales, the Eastern Ohio ...

Norfolk Southern’s Q4 railway operating revenue fell 2% to $3.024 billion, but adjusted EPS beat estimates at $3.04 (+7% Y/Y). Norfolk Southern expects ~3% revenue growth in 2025, $2.2 billion in ...

[Stay on top of transportation news: Get TTNews in your inbox.] Losses at Heartland Express narrowed year over year in the third quarter as both legacy brands and two more recently acquired units ...

It is no secret that the transportation sector had a very tough time last year, thanks to the COVID-19 outbreak. Railroads, being one of the most important corners of this widely-diversified sector, ...

Amounts may not add due to rounding. (1) Fuel, operating expenses and supplies includes fuel-related taxes. (2) Operating ratio is calculated as (1 - (Operating income divided by Revenue)) using the ...