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Q3 2024 earnings
Business, Technology, Fuel, Autonomous

Tesla Stock Rises After Q3 Earnings Beat Estimates

Tesla lot

The company on Oct. 23 reported adjusted earnings of 72 cents per share for the quarter, above the average analyst estimate.

Kara Carlson and Dana Hull | Bloomberg News
October 23, 2024
Business, Logistics

Old Dominion Sees First Year-Over-Year Revenue Drop in 2024

Old Dominion Freight Line tractor-trailer

Old Dominion Freight Line experienced a slight decline in third-quarter revenue amid ongoing market softness, the company reported Oct. 23.

Connor D. Wolf | Staff Reporter
October 23, 2024
Business, Equipment

Paccar Q3 Profit Falls 20.9%, Tops Analyst Expectations

DAF Trucks

Paccar Inc.’s profit in the third quarter fell as the truck market continues to normalize, but still beat analyst expectations.

Keiron Greenhalgh | Staff Reporter
October 22, 2024
Business, Logistics

Truckload Expansion Lifts TFI International’s Q3 Results

TForce Freight truck

The Montreal-based transportation and logistics company posted net income of $128 million, or $1.50 a diluted share, for the three months ending Sept. 30.

Connor D. Wolf | Staff Reporter
October 22, 2024
Business, Equipment

General Motors Posts Q3 Profit of $3 Billion

GM logo

DETROIT — U.S. sales are down and a once-reliably profitable joint venture in China is losing money, but General Motors still managed to post a third quarter profit of $3 billion.

Tom Krisher | Associated Press
October 22, 2024
Business, Safety, Logistics

Norfolk Southern Tops Third-Quarter Expectations

Norfolk Southern train

Norfolk Southern’s streamlined operations delivered strong earnings, even excluding boosts from insurance payouts related to the derailment in East Palestine and the sale of two rail lines.

Josh Funk | Associated Press
October 22, 2024
Business, Equipment

Volvo Q3 Profit Falls 28.5% on Market Downturn, Mack Issues

Volvo VNL assembly

Volvo Group profit fell 28.5% in the third quarter of 2024 as a downturn in demand for trucks in both Europe and North America crimped revenue and margin.

Keiron Greenhalgh | Staff Reporter
October 18, 2024
Business, Logistics, For-Hire

J.B. Hunt Q3 Profit Beats Expectations, Boosts Share Price

J.B. Hunt truck

Profit at J.B. Hunt Transport Services fell in the third quarter of 2024 but outperformed analyst expectations as intermodal volume rose year over year.

Keiron Greenhalgh | Staff Reporter
October 16, 2024
Business, Equipment

In a Surprise, Deere Keeps Outlook Despite Weak Market

Deere tractor

Deere & Co. unexpectedly maintained its annual profit outlook as the world’s top tractor maker sought to cut costs in a slumping farm economy.

Michael Hirtzer | Bloomberg News
August 15, 2024

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