Wall Street

Wednesday, June 12, 2019

FreightWaves NOW: Rates up, jobs sideways

Today on FreightWaves NOW, carriers need to take advantage of YOY rate increases happening right now. Meanwhile, the economic outlook for the freight industry isn’t pretty. Recent Wall Street reports are bullish on Uber and ECHO has a similar trajectory.

Read More »
Greg Miller Wednesday, May 8, 2019

Genco seeks differentiation in commoditized sector

It’s rough out there in the dry bulk ocean shipping business. New York-headquartered Genco Shipping & Trading (NYSE: GNK) posted a net loss of $7.8 million in the first quarter of 2019, compared to a net loss of $55.8 million in the same period last year, when losses were driven by a non-cash impairment charge. […]

Read More »