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 ...
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 ...
Management reiterated the objective of 150 basis points full-year improvement in adjusted operating ratio for 2026. Wright indicated, “We expect Q1 revenue to be higher than the first quarter of 2025, ...
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 ...
Heartland Express Chief Executive Officer Mike Gerdin commented on the quarterly operating results and ongoing initiatives of the Company, "Our consolidated operating results for the three and nine ...
[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 ...
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 ...
* ROIC is considered a non-GAAP financial measure by SEC Regulation G and Item 10 of SEC Regulation S-K and may not be defined and calculated by other companies in the same manner. We believe this ...
While peers—especially Canadian Pacific—have caught up over the years, Canadian National was long the Class I railroad with the highest margin (lowest operating ratio) because it was the precision ...
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