Japanese transport company, Nippon Yusen Kabushiki Kaisha (NYK Line) (JPX:9101) has today reported a loss of approximately US$400 million (Japanese Yen 44.5 billion) for the year ended March 31, 2019. Following the red ink bloodbath, the company has replaced the chairman, president and representative directors.
Werner Enterprises, Inc. reported non-GAAP adjusted earnings per share (EPS) of $0.52, $0.03 ahead of the consensus estimate.
Werner Enterprises, Inc. (NASDAQ: WERN), reported non-GAAP adjusted earnings per share (EPS) of $0.52, besting the consensus estimate of $0.49 per share.
Ford invests $500M in electric pickup maker; plus U.S. may be pulling freight from trucking, India seeks logistics technology upgrades, and scientists call for unity on electric vehicles.
Retail rebounded from a disappointing February in March, with the growth rate climbing from 2.2 percent to 3.6 percent year-over-year. It was one of the strongest rebounds seen in the retail sector since mid-2017.
Technology is disrupting the logistics industry at a breakneck pace, and brokerages are not exempt from the changes. While new technologies are intended to help companies run smoother, the implementation process can be riddled with challenges.
Knight-Swift Transportation Holdings, Inc. (NYSE: KNX) reported first quarter 2019 adjusted earnings of $0.55 per share compared to analysts’ expectations of $0.52 per share.
Manhattan Associates, Inc. reported adjusted non-GAAP earnings per share of $0.41, $0.04 better year-over-year.
In his first FreightWaves article, market expert Brian Aoaeh writes about logistics network optimization. He explains how new technology, venture capital money and changing market conditions have converged to open up new opportunities across the global supply chain.
Datapace is the latest company to join the Blockchain in Transport Alliance (BiTA). Learn more about Datapace and BiTA in this article.
Panalpina reported $0.82 (Swiss Francs, or CHF) per share in earnings for the first quarter of 2019 compared to $0.72 CHF for the same period last year.
P.A.M. Transportation Services, Inc. announced first quarter 2019 earnings of $0.99 per share excluding a $0.40 per share gain on marketable securities. Pre-tax income increased $5.1 million y/y.
Des Moines Truck Brokers (DMTB) is the latest company to join the Blockchain in Transport Alliance (BiTA). Learn more about DMTB and why it joined BiTA.
WebCargo by Freightos has acquired India-based Air Freight Bazaar, with the intent of expanding its footstep in global air cargo digitalization.
E-commerce has changed consumer buying habits, but it has also changed the supply chain for less-than-truckload carriers, who have had to adapt in various ways to keep pace.
Breakout List curates a list of startups that have a high possibility of success, thus making it easier for startup-inclined people to choose a company they would want to work in.
Cosco Shipping Logistics, JD Logistics and Orient Overseas International Ltd. (OOIL) indirect subsidiary “Gold Talent” have inked a complex joint venture deal to fund online international supply chain platform Eshipping with, ultimately, US$44.7 million of capital.
Burris Logistics, a $3.5 billion revenue 3PL, and Trinity Logistics, a $550 million revenue brokerage, are tying the knot.
Walmart has introduced Voice Order, that allows people to add items to their Walmart online cart by giving voice commands through any Google Assistant enabled device.
