Company earnings
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TriumphPay calls out achievement of first fully automated factoring payments
Triumph’s CEO Graft is not holding back, likening the automated deals to the invention of the telephone in terms of technical significance.
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CSX ramps up hiring to match volume expectations
CSX has been hiring more aggressively not only to meet anticipated market demand but to safeguard against COVID-19-related absences, according to executives on its fourth-quarter…
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Union Pacific will beef up intermodal infrastructure in California, Midwest
UP’s capital expenditures plan for 2022 includes investments to intermodal terminals and intermodal ramps, executives said during the company’s fourth-quarter 2021 earnings call Thursday.
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American’s record Q4 cargo revenue eases sting of $921M loss
Among the major U.S. passenger carriers, United Airlines was the big winner in cargo performance during 2021.
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FreightWaves reports record fourth quarter 2021 results
FreightWaves reports very positive financial performance in 4Q 2021.
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Higher rates, gains produce record 2021 for Heartland Express
Heartland Express announced 2021 was its best year since going public. Fourth-quarter results were in line with consensus.
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P.A.M. Transportation posts big Q4
P.A.M. Transportation Services finished 2021 on a high note, posting another large earnings beat during the fourth quarter.
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In air cargo bull market, United flies dog food and mayo
It’s a sign of the supply chain times when customers are renting entire planes from United Airlines to haul low-value commodities like mayonnaise.
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Prologis: Logistics real estate vacancies will see all-time low in 2022
Prologis provided better-than-expected 2022 guidance on Wednesday, citing the expectation that demand will continue to outpace logistics real estate additions during the year.
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Prologis’ 2022 guidance ahead of consensus as warehouse market tightens
Logistics real estate investment trust Prologis issued 2022 guidance ahead of expectations on Wednesday.
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