Manila, Philippines-based international container terminal operator, ICTSI (PSE: ICT) has reported a massive increase in profit and a substantial increase in revenues for the first half of 2019.
Japanese gas explorer, prospector and transporter INPEX (JPX: 1605), which is listed on the Tokyo Stock Exchange, announced a solid upswing in revenues, operating income and net income.
Americold Realty Trust sees favorable refrigerated warehouse supply and demand dynamics continuing.
Continued weakness from its Canadian Peterbilt dealerships adds to steep decline in Alberta company’s agricultural equipment business.
Uber’s second quarter as a public company saw a loss much worse than the consensus estimate. Revenue increased significantly at Uber Freight, so did the losses.
Old Dominion reported continued LTL volume weakness in July. Near-term volume relief may be hard to come by as domestic and global macroeconomic trends remain tepid.
Lyft reported revenue well ahead of estimates and commented that continued improvement in market conditions, which may mean lower rider discounts and an easing competitive landscape, prompted the improvement in guidance.
Cathay Pacific is the latest in a string of airlines to cite trade tensions as the reason for plummeting cargo segments.
Roadrunner Transportation Systems reports another large operating loss and announces that it will narrow its focus to its logistics and asset-light LTL segments.
North Asia revenues were down 8.5 percent, but EXPD improved productivity.
Daseke lowers its full-year 2019 outlook citing worse than expected results in its flatbed division.
U.S. Xpress sees a tough second quarter, but expects industry fundamentals to firm as excess capacity exits the market.
Oshkosh Corp. has a green light from the U.S. Army to enter full production of its Joint Tactical Light Vehicle that will replace the HUMVEE in war zones.
The company reported diluted earnings per share (EPS) of $0.53, $0.01 short of estimates and $0.02 higher than the second quarter of 2018.
Wabash National says it has $1.2 billion of trailers in its production backlog with cancellations at normal levels and demand robust.
Hub Group believes “soft” intermodal volumes will begin to flatten out and that the 2019 peak shipping season will be similar to that of 2017.
The company attributed the revenue slip to pricing and volumes, especially on routes between Europe and Asia.
Ryder Systems Inc. posted strong second-quarter revenue but reduced its second-half earnings guidance on weakness in used truck sales and rentals.
Power management company Eaton Corp. reported higher second-quarter sales and earnings despite declines in its vehicle segment.
The Procter & Gamble Company (NYSE: PG) reported its strongest quarter of organic sales growth in over a decade.
