Company earnings
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Less-than-truckload looking up, say analyst and pricing experts
While less-than-truckload volumes may not have rebounded sequentially from April, one sell-side analyst sees acceleration in recent weeks as bullish for the industry.
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Major trucking lender BMO sees bigger transportation impairments, writeoffs in Q2
Counterintuitively, a rise in book of business signals companies may have pulled down their revolving lines of credit
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FedEx named as suitor for German parcel company
FedEx reported to be exploring alternative growth path in Europe through stake in German parcel company Hermes.
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ZIM’s loss drops as EBITDA and cash flow jump
Net loss whittled from $24.3 million last year to $11.9 million in Q1 2020
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Commentary: Making a tough best guess market forecast
Railroad volumes continue to drop. What might they do to increase volumes? Where are the volume increases going to come from?
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Lineage Logistics acquires 14 facilities in Henningsen Cold Storage deal
Lineage Logistics continues its hot acquisition streak, entering into an agreement to purchase Henningsen Cold Storage and its 14 facilities.
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Dry bulk flounders as coronavirus threatens Brazilian exports
Coronavirus hit to Brazilian exports is a nightmare scenario for dry bulk — and cases in Brazil are mounting fast.
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LPG shipping: volatile, spot-exposed, leveraged to COVID-19
Rates for ocean transport of propane could surge if the worst of the coronavirus crisis is past.
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Descartes reports jump in profits as it reveals cutbacks, restructuring
Canadian supply chain software provider posts a 51% increase in net income, but says it will reduce its global workforce by 5% in the face…
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Today’s Pickup: Purolator is doing much better than Canada Post
The courier and less-than-truckload subsidiary of Canada’s postal carrier had a decent first quarter considering the impacts of COVID-19 and C$1 billion expansion of its…
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