earnings
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American Shipper
CMA CGM Group sees strength from CEVA purchase
CMA CGM expects an even better second half to the year following its acquisition of CEVA Logistics.
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Business
Navistar crushes third quarter revenue and profit projections
Navistar International Corp. blew past revenue and earnings estimates for its third fiscal quarter. It is reducing production but expects to gain market share in…
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American Shipper
Yang Ming reports operating profit in second quarter
Yang Ming had an operating profit in the second quarter but notes U.S.-China trade conflict has weakened demand for container transportation.
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American Shipper
Hapag-Lloyd: First half ‘solid,’ with higher volumes, rates
Hapag-Lloyd says it outlook for the second half of 2019 is unchanged even if it has to deal with more trade restrictions.
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Company earnings
ExxonMobil surprises with earnings beat after massive miss last quarter
The beat comes after the company fell short of earnings expectations last quarter, coming in over 23 percent short of estimates.
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Company earnings
Atlas Air Worldwide stock sinks after massive earnings miss
At 10:30 a.m., its price was down almost 16 percent.
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Company earnings
Trimble posts lukewarm earnings amid market uncertainty
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.
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Air Cargo
DSV says it outgrew market in Q2 despite soft air freight demand
Jens Bjørn Andersen, chief executive officer, said the company was “very pleased with the strong results for the second quarter of 2019. Global transport markets…
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Air Cargo
Air Canada blames trade disputes for cargo decline
Freight revenue drops by 12.1 percent, led by a more than 20 percent plunge from airline’s Pacific routes.
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Company earnings
Procter & Gamble reports surging sales growth
The Procter & Gamble Company (NYSE: PG) reported its strongest quarter of organic sales growth in over a decade.
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