Company earnings
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At FedEx, the pain continues, and the gain isn’t in sight
FedEx posts lousy fiscal q1 results but insists that the long-term outlook remains bright
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Radiant Logistics caps off record year still looking for acquisitions
Radiant Logistics, reported several records for fiscal 2019, but the company would most like to make an acquisition or two.
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TL carriers seeing recent improvement
Two of the nation’s largest truckload carriers said they are seeing green shoots in freight demand.
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YRC’s new financing is part of its latest restructuring
YRC Worldwide announces new debt financing agreement. The latest step in it’s latest restructuring.
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Analysts more bullish on TLs, valuation a key reason
The bulls are coming out in support of truckload carriers, kind of. Several equity analysts are using a recent positive inflection in TL volumes, a…
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CMA CGM Group sees strength from CEVA purchase
CMA CGM expects an even better second half to the year following its acquisition of CEVA Logistics.
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The shakeup continues at Daseke
Daseke eliminates the role of president as it increases and accelerates its cost savings initiatives. The company will continue to search for a new CEO…
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Lack of railcar demand in spotlight at investor conference
With rail traffic lower year-over-year and PSR initiatives in full swing, it’s understandable that soft railcar demand attracted attention at an investor conference.
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Old Dominion posts weak August results; ArcBest reports sluggish July-August numbers
Old Dominion, ArcBest report sluggish monthly
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Dry bulk rates are far outpacing earnings and shares
Companies like Safe Bulkers are booking their ships at considerably higher rates, yet investor interest remains muted.
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