company earnings
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News
Uber Freight seeking investors
Uber is reported to be raising $500 million in funding for its brokerage segment. The deal would place a valuation of $4 billion on Uber…
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News
Forward Air to offer traditional less-than-truckload service
Forward Air is expanding again. The company plans to offer traditional less-than-truckload service for the first time.
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Company earnings
June rail traffic sees recovery ‘accelerate’
Rail traffic continued to build through June. U.S. intermodal traffic was only off 5% year-over-year in week 26.
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News
Trying to make sense of the YRC bailout
YRC’s $700 million loan from the Treasury Department raises concerns from industry experts about the survival of the company and whether the deal is worth…
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Business
FedEx steers through worst of pandemic with strong fiscal fourth quarter
FedEx Corp. had significant positives in its fourth-quarter earnings report released Tuesday, including much-better-than-expected earnings before interest and taxes.
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News
$70 million financing keeps Workhorse’s share surge humming
Workhorse gets another shot in the arm with the announcement of a $70 million loan. Shares continue their hot streak, up more than 30% on…
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Company earnings
Amazon doling out $500 million ‘thank you’ to workers
Cash-rich Amazon continues to find ways to spread the money around, this time with a $500 million payment to its workers and partners.
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News
Prologis confirms it’s selling UK’s ‘largest’ warehouse portfolio ever
Prologis seeks to sell the largest-ever warehouse portfolio in the U.K. The deal is reported to include 22 properties valued at more than $500 million.
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News
Amazon’s real estate arm reportedly involved in several deals this week
Amazon has been linked to several large real estate transactions this week, including the lease of a 1 million-square-foot facility in New York.
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News
FedEx to take $370 million hit to close fiscal 2020
FedEx will see $370 million in noncash charges stemming from valuation declines in previously acquired operating units.
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