Rate guidance should drive TL estimates higher, Morgan Stanley says
Morgan Stanley analyst Ravi Shanker believes rate expectations of truckload management teams haven’t been reflected in 2022 earnings estimates yet.
Morgan Stanley analyst Ravi Shanker believes rate expectations of truckload management teams haven’t been reflected in 2022 earnings estimates yet.
Since we compete, as a policy, we no longer cover anything (good or bad) about DAT. They only get a passing comment if they are involved in an external news item where they are not directly related.
This week: From Spotify playlists to full cab renovations, FreightWaves showcases creative ways companies celebrated National Truck Driver Appreciation Week.
The research firm of Evercore ISI launched coverage of the 3PL sector with an enormous report.
Private equity takeout allows Echo Global Logistics’ equity value to rise to that of its peers. Management believes its new affiliation with deeper pockets opens up bigger M&A opportunities.
This week: Bendix employees build beds for local children, Women In Trucking pilot new mentorship program with LeadHER Alliance and C.H. Robinson employees kick off Robinson Cares campaign.
A Commerce Department advisory group recommends that the department coordinate an interagency approach to addressing the driver shortage.
The broker seeks relief in a preemption battle by casting the 9th U.S. Circuit Court of Appeals in a rogue light.
You can’t reduce carbon emissions without measuring them first. C.H. Robinson experts discuss the company’s carbon measurement technology.
The container ship now is expected to anchor in San Pedro Bay on May 1.
C.H. Robinson on Thursday debuted its Emissions IQ self-serve tool for tracking carbon emissions from transportation.
Six cases of at-sea container losses have been reported in less than three months.
Net income rebounded 49.1% year-over-year from one of the 3PL’s worst quarters.
FreightWaves identifies importers who use the Asia-West Coast service.
Dachser promotes Burkhard Eling to CEO; GlobalTranz hires Bryan Foe as SVP; the Containerization & Intermodal Institute appoints Randy Bayles to its board; and Illinois Railroad Association taps Michelle Kelm as executive director.
UBS equity research analyst Tom Wadewitz’s 2021 outlook calls for a continuation of healthy freight activity during the first half of the year with a little more uncertainty in the back half.
Former executives at Forward Air along with an activist investor have been acquiring shares since October in efforts to make changes to the management team, board and capital allocation strategy, which may include divesting “non-core assets.”
Removal of dislodged containers is expected to take more than a month, and none of the 1,816 units that fell into the Pacific have been recovered.
The state of customers’ freight remains unknown as inspection of the 14,052-TEU vessel begins.
Surviving cargo that was bound for the U.S. now is headed back to Asia.