earnings
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Great Quarter, Guys podcast
Q2 3PL earnings: How bad can it be?
This week Andrew holds down the fort with Director of Passport Research JP Hampstead to discuss his team’s recent research note on Q2 broker performance.…
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Business
FedEx posts weak fiscal Q4 operating results, but EPS beats expectations
FedEx Corp. posted a $334 million net loss for Q4 on Tuesday, but shares spiked on strong non-GAAP results.
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Air Cargo
Coronavirus drives 1Q loss at Korean Air, but cargo sees bump
Korean Air is the latest airline to get government aid and raise capital to increase its cash position.
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News
FleetCor first-quarter results beat EPS by 12%, revenues by 6.3%
“In North America, our fuel volumes are off 20% to 25%, behind last year in April,” said Ron Clarke, FleetCor’s chairman and chief executive officer.
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News
Wex reports first-quarter net loss of $16.3 million and EPS miss
Revenue for the quarter came in at $431.68 million, 13% higher than the consensus estimate of $424.31 million.
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Air Cargo
Atlas Air gives pilots pay increase on heels of Q1 growth
The COVID-19 pandemic has created choppy conditions in the airfreight market, but air cargo companies like Atlas Air are mostly seeing upside for their business.
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Air Cargo
Amid COVID outbreak, freighter demand boosts ATSG in Q1
ir Transport Services Group is making money from its aircraft leasing and outsourced transportation businesses as express carriers and other customers seek more aircraft to…
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Air Cargo
Alaska Air wins by losing less
Alaska Air lost $232 million on a net basis in the first quarter, but everything is relative these days and the loss doesn’t look so…
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Business
XPO first-quarter revenue falls as COVID brought business to a crawl in mid-March
XPO Logistics Inc. (NYSE: XPO) on Monday reported first-quarter revenue of $3.86 billion, down from $4.12 billion in the first quarter of 2019, as the…
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Air Cargo
Air Canada sees long road to recovery after big Q1 loss
Air Canada is trying to navigate the darkest period in aviation history through cost cuts, financing and new cargo operations.
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