Finance
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Saia’s record OR driven by higher yield on small revenue increase
Operating income up 21.7% while revenue up just 2.7%; performance far better than Wall Street forecasts
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Schneider to pay $2 special dividend, Q3 results in line
Schneider National announces a $2 special dividend answering the mounting questions around the carrier’s future cash deployment. After the $355 million payment, the company still…
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Demand for Kirby’s inland tank barges sank in Q3
Kirby tops earnings expectations on lower costs despite COVID and hurricane hits to demand.
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DSV Panalpina CEO: Q3 results beat odds during pandemic
Danish third-party logistics services provider’s bottom-line benefits from easing COVID-19 during summer months.
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Shopify has strong Q3 as pandemic drives rapid e-commerce shift
Canadian e-commerce company Shopify grows profits and revenue in third quarter as COVID-19 accelerates move from mortar to online shopping.
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Prologis completes largest-ever sale of logistics warehouses in the UK
Prologis Inc. announces the completion of the largest-ever portfolio sale of logistics warehouses in the U.K.
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Werner sees ‘stronger setup’ going into 2021
Werner Enterprises sees the current tightness in the truck market continuing into 2021 as inventory restocking will take multiple quarters to accomplish and drivers are…
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Norfolk Southern strives to ramp up efficiency
The railroad will be idling rail yards around Atlanta and will cease humping operations at its Macon, Georgia, yard.
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Echo smashes estimates, reporting record revenue and volume
In third-quarter 2020 financial and operational results released after trading ended on Wednesday afternoon, Chicago-based third-party logistics provider Echo Global Logistics (NASDAQ: ECHO) reported record…
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Werner beats Q3 estimates
Werner Enterprises’ third-quarter result comes in ahead of analysts’ forecasts.
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