stock market
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News
Knight-Swift cuts its outlook a day after the truckload carriers rally
Another shoe drops as the heart of truckload earnings season commences with Knight-Swift saying that it won't meet analyst expectations.
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Asia-Pacific
Australian logistics giant Qube makes bid for Chalmers
Integrated logistics provider Qube (ASX:QUB) issued its formal takeover to the shareholders of target logistics service provider, Chalmers (ASX:CHR) on Monday, July 8.
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Economics
Record-breaking stock numbers could prompt consumers to spend more
A climbing stock market could have consumers reaching for their wallets more often and making bigger purchases, helping sustain retail growth throughout the summer.
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Maritime
Shipping caught in crossfire as trade dispute escalates
China's new list more than doubles the tariff on LNG, but it's the dry bulk stocks that are feeling the pain.
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Markets
Transport stock declines outpace the broader market on retaliatory tariffs
While the degradation was seen across most sectors, the transport sectors saw large declines.
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Maritime
Tanker stocks rally in 2019 on hopes of impending rate recovery
After languishing for years, tanker stocks are rising in 2019. Investors are seeking to get in early on the belief that the turnaround in rates…
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Economics
Barry Bannister, Stifel’s prophet of doom
Stifel’s head of equity strategy thinks the stock market will be weak for the next decade and that the federal government will default on debt…
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Less than Truckload
XPO shares stage steep drop as company’s 2019 earnings growth may fall under analyst estimates
Shares fall sharply amid possible downward earnings revision for ‘19
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News
Wolfe Research downgrades several trucking sector stocks
Wolfe Research downgraded several trucking stocks Friday after their analysts revealed concerns over spot rates, according to Seeking Alpha
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Company earnings
Workhorse turns to stock offering for additional capital
Workhorse Group, a technology company focused on offering sustainable mobility solutions, announced a new public offering of its common stock to raise additional funds as…
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