P.A.M. Transportation posts big Q4
P.A.M. Transportation Services finished 2021 on a high note, posting another large earnings beat during the fourth quarter.
P.A.M. Transportation Services finished 2021 on a high note, posting another large earnings beat during the fourth quarter.
Prologis provided better-than-expected 2022 guidance on Wednesday, citing the expectation that demand will continue to outpace logistics real estate additions during the year.
Logistics real estate investment trust Prologis issued 2022 guidance ahead of expectations on Wednesday.
J.B. Hunt Transport Services beat fourth-quarter expectations. Visibility into 2022 remains murky but management is calling for continued growth.
J.B. Hunt’s fourth quarter comes in ahead of consensus as the intermodal, brokerage and truckload divisions see notable year-over-year improvements.
Supply chain visibility provider project44 sees record top-line growth during the fourth quarter, with bookings, account wins and retention coming in better than expected.
AskWaves looks at some of the catalysts that have heated up M&A in the transportation space.
Less-than-truckload carrier Yellow Corp reports the weakest revenue trends out of the public carriers providing fourth-quarter updates.
Forward Air’s initiative to upgrade its freight mix to a heavier class of premium cargo was evident in November results.
Truck broker Landstar System announced Wednesday it will use 2021’s record performance to pay shareholders a $2-per-share special dividend.
Less-than-truckload carrier Old Dominion said share-taking efforts led to revenue growth ahead of its peers during November.
Radiant Logistics announced Monday that it acquired digital logistics services provider Navegate for $35 million.
Intraquarter updates from less-than-truckload carriers show record third-quarter operating conditions have continued through the first two months of the fourth quarter.
Picking transport stocks in 2022 will not involve a blanket approach, according to Deutsche Bank. However, there are still several companies with significant upside potential.
Berkshire Grey’s revenue was up 750% year-over-year, but it still missed on analyst expectations, more than tripled its net loss and more than doubled its adjusted-EBITDA loss.
Parts shortages delay winter testing of Hyliion’s Hypertruck ERX while Cummins’ competition casts doubt on the future of the startup’s current Hybrid eX.
Both Uber Eats and DoorDash surprised investors, but not in the ways one might think.
Third-party logistics provider Radiant Logistics again posted record quarterly results on Tuesday. On a call with analysts and investors, company officials called out strength in virtually every segment Radiant serves.
Domestic headwinds were balanced out by an international expansion as DoorDash stock popped 10% in post-market trading.
Truckload carriers booked record gains on the sale of revenue equipment during the third quarter but the profits shouldn’t be viewed as artificial earnings.