Uber’s stock dips on a report that Goldman Sachs is looking to unload 38 million shares. The company has made several moves recently to shore up the balance sheet and sustain its cash-intensive brokerage segment.
Sell-side research analysts have made their bets on trucking in 2021. Some believe a continuation in consumer spending and inventory restocking will benefit truckload carriers while others see less-than-truckload carriers gaining traction as the industrial economy advances.
The market for reliable, complete data and forecasts about agricultural commodities markets is a large and growing opportunity.
Morgan Stanley survey shows coronavirus disruption is accelerating for carriers, shippers and brokers, but the height of the disruption may be closer than some may think.
While transportation industry participants have an abundance of questions loaded for management teams this earnings season, answers on the future will be tough to provide.
Traffic data tracked by Inrix is indicating much quicker commute times for those on the roads during rush hour as more workers stay home. Plus, J.B. Hunt to pay bonuses, GE cutting its workforce, and St. Christopher’s Truckers Relief Fund facing a critical time.
Morgan Stanley upgrades its freight transportation industry view from “cautious” to “in-line.” The firm lowered its earnings expectations for the group.
As experts predict price increases and late deliveries from coronavirus, some industry insiders say the threat is overblown.
Proceeds could give Canada’s largest transportation company more firepower to pursue acquisitions as it prepares to make a big leap into capital markets south of the border.
Shippers in a Morgan Stanley survey are optimistic over the macro environment and expect rate improvement moving forward. Plus, Chinese New Year impacts and supply chain sustainability takes a hit.
Outlook for future improvement to earnings is still hazy as Morgan Stanley analyst lowers fourth-quarter estimates for most transportation companies.
Car-haulers face challenging times. Kalanick sells out-literally. Will Amazon’s free standing logistics model spring forth?
FedEx on the ropes after awful fiscal q2 results, stock price plunge
Tesla’s truck may not comply with Euro standards. Consultant takes issue with Morgan Stanley’s Amazon firecast
Morgan Stanley eyeing truck capacity constraints and higher rates in 2020, potentially reaching 2018 levels or higher.
Expect rate divergences between FedEx and UPS into 2020, led by dramatic changes in last-mile deliveries
Analysts now want CHRW to cut costs.
XPO Logistics may be getting back in the M&A game
Morgan Stanley, Susquehanna, and Deutsche Bank cut their price targets; Stifel maintained.
We look at the trucking futures forward curve, Morgan Stanley’s index, the Coyote Curve, and projections from Susquehanna.
