Author: Jim Stinson

Commercial Vehicle Group Inc. reported net income of $7.2 million for second-quarter 2019, down 46% compared with net income of $13.2 million in the prior-year period.

Uber Technologies Inc. declared its worst quarterly earnings, reporting a $5.2 billion net loss for the quarter ending June 30.

Patriot Transportation reported net income of $396,000, or 12 cents per share, in its third quarter ended June 30, compared with $1,086,000, or 33 cents per share, in the same quarter last year.

Orbcomm Inc., a provider of machine-to-machine and internet of things technologies, said it had a net loss of $6.4 million in the second quarter ended June 30, compared to a net loss of $7.2 million in the second quarter of 2018.

Kottke Trucking Inc. has acquired Wayne T. Fellows Inc., a trucking company focused on refrigerated less-than-truckload and truckload shipping based out of Davenport, Fla., according to Kottke officials.

Despite filing for bankruptcy, it will be “business as usual” for Jack Cooper Ventures Inc.

Roadrunner Transportation Systems Inc. will narrow future operations to logistics and less-than-truckload after a disappointing second quarter, company officials said in an Aug. 7 news release.

U.S. Xpress Enterprises reported a steep drop in net income in the second quarter of 2019, with a posting of $2.9 million for the period ended June 30.

TravelCenters of America Inc. reported net income of $1.21 million, or 15 cents per share, in the quarter ended June 30.

Daseke Inc. reported a net loss of $6.4 million, or 10 cents per share, in the quarter ended June 30, compared with net income of $13.5 million, or 22 cents per share, in the year-ago quarter.