Logistics real estate operator Prologis beat first-quarter estimates and raised its outlook for the year. The company sees no near-term loosening in warehousing markets.
Logistics real estate heavyweight Prologis beat first-quarter expectations and raised full-year 2022 guidance on Tuesday.
On its first-quarter call with analysts, management from J.B. Hunt said demand indications from customers have been strong. The path is likely not as easy for smaller players in the space.
J.B. Hunt Transport Services reported first-quarter results well ahead of analysts’ forecasts Monday after the market closed.
Cowen analyst lowers earnings estimates for truckers as data showing a loosening market mounts.
Swedish truck maker AB Volvo halted its business in Russia because of the invasion of Ukraine. Now it is counting the cost.
Concerns on declining demand and falling freight rates prompted Bank of America to issue ratings downgrades for multiple transportation stocks.
Out of the shadow of Mercedes-Benz cars, independent Daimler Truck showed financial resilience despite supply chain headwinds.
Management from cold storage warehouse operator Americold addresses concerns about decelerating trends and a soft 2022 outlook.
Electric truck maker Nikola projects it will build 300-500 battery-electric trucks this year and post up to $150 million in revenue.
Multiple fleets placed deposits for 100 extended-range Hypertruck ERX units as Hyliion Holdings declared it has enough money for a late 2023 launch.
Food delivery platform DoorDash reported mixed earnings for Q4 2021 and FY2021 after the bell on Wednesday.
Digital broker Transfix posted record results for 2021. The company’s public listing is on track for the second quarter.
Management from Radiant Logistics said it has several levers at its disposal to boost the company’s valuation.
Universal Logistics inks a record year despite challenges. Implied 2022 earnings guidance surprises to the upside by 20%.
TuSimple says its autonomous trucking software is “feature complete” and it will expand driverless trucking beyond a pilot program.
Forward Air head Tom Schmitt was bullish about the company’s prospects on a call with analysts Thursday. Forward is already on track to achieve recently issued 2023 targets ahead of schedule.
In its earnings report for Q4 2021 and FY2021, Uber revealed that its delivery segment once again brought in more revenue than its core mobility business.
Trimble expects organic revenue growth in 2022, despite the ongoing impact of constrained supply chains across the global economy.
“Across the board, our businesses showed momentum and ended the year on a strong note,” said Charles Freund, CFO at Fleetcor.
