Earnings reports
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Loaded and Rolling: Container volumes and trucking; FedEx misses financial guidance
Inbound container volumes into the U.S. bode poorly for future trucking volumes. Trucking is the critical node for transporting goods, handling over 70% of freight…
Read More » - Modern Shipper
Uber reports record revenue, but delivery takes a back seat
Uber beat earnings expectations for Q2, but its delivery business wasn’t the driver this time around.
Read More » - Loaded and Rolling
Loaded and Rolling: Trailer as a service; large carrier Q2 earnings boon
Trailer pool services are gaining adoption. Wabash, a major manufacturer of equipment, recently announced a partnership with Phoenix-based freight brokerage FreightVana to supply the company…
Read More » - Top Stories
Lyft stock falls sharply in post-market trading despite revenue beat
Lyft, one of the major players in the increasingly profitable ride-hailing industry, reported strong revenue growth Tuesday in its Q1 2022 earnings.
Read More » - Company earnings
Lyft reports first-ever full-year adjusted profit
The ride-hailing giant has struggled to turn a profit over the years, but that finally changed in 2021.
Read More » - News
Descartes: Global demand, acquisition strategy fuel continued record revenue growth
“When we overperform, we expect to reinvest that back into our business. We focus on recurring revenues and establishing relationships with customers for life,” said…
Read More » - Company earnings
Berkshire Grey struggles in first quarter as public company
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…
Read More » - Business
A tale of 2 food apps: Uber Eats grows, DoorDash finds new verticals
Both Uber Eats and DoorDash surprised investors, but not in the ways one might think.
Read More » - Company earnings
DoorDash posts mixed earnings, acquires Wolt for $8.1B
Domestic headwinds were balanced out by an international expansion as DoorDash stock popped 10% in post-market trading.
Read More » - Company earnings
Uber posts first-ever adjusted profit as drivers return
The road ahead looks brighter than ever for the ride-hailing giant after posting an adjusted-EBITDA profit of $8 million.
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