He couldn’t pull off the impossible, but he has made shareholders significantly richer in the process.
The LTL segment remains a work in progress, but analysts are confident that Jacobs & Co. can turn it around.
FedEx’s Express and LTL units delivered solid performances, while the bottom may have been hit at its Ground unit.
Strong selling on Friday follows the disclosure that XPO’s founder, and chair of both companies, sold 3.2 million shares in each.
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.
As freight markets enter the second year of peaklike conditions, FreightWaves caught up with Amit Mehrotra, Deutsche Bank’s transportation analyst, to talk about how this freight cycle will play out.
Can Brad Jacobs lift the conglomerate’s discount off of XPO’s back and still maintain its non-LTL businesses?
Truckload carriers’ “spillover” freight ties up LTL capacity during unprecedented times, Old Dominion executives said.
The key profitability metric comes in 550 basis points below the company’s 2020 results.
Strong second-quarter results give way to second-half volume growth concerns. An analyst calls the share sell-off “overdone.”
