Company earnings
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Kansas City Southern bullish on late-2021 volumes
Kansas City Southern expects to maintain its financial targets for 2021 on a recovering economy and an anticipated volume rebound. It declined to comment on…
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Kansas City Southern Q1 net profit flattish on 4% revenue decline
Kansas City Southern’s net income for the first quarter of 2021 rose 0.7% despite a 4% decline in revenue and a 1% drop in carload…
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J.B. Hunt lays out new margin targets for all segments
J.B. Hunt Transport Services updated its long-term division margin targets on its first-quarter call Thursday.
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Marten hit hard by weather, but bottom line is improved
The weather-related closure of three Walmart DCs had an outsized impact on the company.
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J.B. Hunt Q1 beats expectations
J.B. Hunt Transport Services announced first-quarter results well ahead of analysts’ expectations.
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Delta sees bright skies ahead after $1.2B Q1 loss
One more quarter taking its pandemic lumps and then Delta says it will steer out of the COVID vortex and start making more money than…
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Forward Air advances final-mile strategy, adds 11 locations
Forward Air’s growth plans net 11 new final-mile terminal locations in the first quarter. While recent activist shareholder interests called into question the company’s capital…
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Greenbrier optimistic for back-half recovery
Railcar manufacturer Greenbrier expects economic conditions and the rail market to improve in the second half of the year and that optimism is starting to…
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FreightCar America eyes improving opportunities in 2021
An anticipated increase in North American rail traffic, coupled with FreightCar America’s move of its manufacturing to Mexico, should provide support to the company in…
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ZIM: US importers buckle, sign contracts early, pay 50% more
Ocean carrier ZIM just released record results and confirmed huge gains for contract rates. So why did its stock sink?
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