-
Demand For Class 8 Trucks On Downward Slope As Supply Picks Up
2019 Jan 18, 5:58pmRead More...Class 8 auction market showed little change The number of trucks sold at auction decreased mildly in December 2018, and pricing also came in somewhat lower across most models. There appeared to be less tolerance for slightly high mileage, according to the report. The average auction price of model...
-
FreightWaves NOW - January 18, 2019
2019 Jan 18, 4:14pmRead More...On todays episode, Chad Prevost catches up with Nick Austin about the weather, John Paul Hampstead about volumes, and John Kingston about IMO2020 as it relates to market prices. Watch Now
-
UPS Goes Against Tradition – Outsider Named To Run Its Fastest-Growing Unit
2019 Jan 18, 4:13pmRead More...The keys to UPS Inc.'s (NYSE: UPS) fastest-growing and arguably its most pivotal 21st century business have been handed to an outsider. Earlier this week, Philippe Gilbert took the reins as the first president of the company's Supply Chain and Freight operation, one of the Atlanta-...
-
-
How iAnthus, Aurora, CuraLeaf, Cannex Make Their Pitch To Investors
2019 Jan 18, 3:35pmRead More...Hundreds of cannabis investors had the opportunity to hear some of the industry's major players make their case in person Wednesday at the Benzinga Cannabis Capital Conference in Miami Beach. Here's what iAnthus Capital Holdings Inc (OTC: ITHUF), Aurora Cannabis Inc (NYSE: ACB), CuraLeaf...
-
What The Truck?!? - January 18, 2019
2019 Jan 18, 2:46pmRead More...Subscribe for free: Apple Podcasts l Google Play l Stitcher l Spotify Episode Summary: WTT episode sponsored by Redwood Logistics First, JP gets back on track with a Bell's Two-Hearted and Chad shares a Naked River Hop Hatch with special guest Zach Strickland. Episode Notes: Then, they...
-
U.S. Xpress CEO: Selling Cross-Border Unit Will Better Position Carrier
2019 Jan 18, 2:46pmRead More...U.S. Xpress Enterprises is selling its interest in its Mexican cross-border operation, but the company is not abandoning the Mexican market, says its CEO. Saying the US Xpress Enterprises Inc (NYSE: USX) is not leaving the Mexican market, CEO Eric Fuller told FreightWaves the decision to sell...
-
Redwood Logistics: Benefits Of M&A In Transportation And Logistics
2019 Jan 18, 2:43pmRead More...Cultural alignment matters: one of the greatest barriers to successful M&As is lack of cultural integration.
-
Manufacturing Surges As Industrial Output Tops Expectations
2019 Jan 18, 2:41pmRead More...Industrial production rose at a solid pace to round out 2018, helped by a jump in manufacturing activity during the month. The gain in output in December rounded out the strongest year for the industrial sector since 2010, and eased fears after a string of negative releases from manufacturing. The...
-
Mid-Afternoon Market Update: Dow Climbs Over 300 Points; Nautilus Shares Slide On Weak Guidance
2019 Jan 18, 2:33pmRead More...Toward the end of trading Friday, the Dow traded up 1.35 percent to 24,699.68 while the NASDAQ climbed 1.09 percent to 7,161.70. The S&P also rose, gaining 1.3 percent to 2,670.10. Leading and Lagging Sectors Friday afternoon, the industrial shares rose 1.9 percent. Meanwhile, top gainers in...
-
Consumer Discretionary Q4 Earnings: U.S. Consumer Appears Strong Amid Heightened Global Uncertainty
2019 Jan 18, 1:39pmRead More...Ahead of upcoming earnings, the consumer discretionary sector has seen some volatility as many retailers issued new guidance once the holiday shopping season came to an end. Overall it’s been a mixed bag, with much of the weakness appearing to be concentrated in clothing and department stores...
-
Nautilus Catches Downgrade After Issuing Weak Q4 Guidance
2019 Jan 18, 12:56pmRead More...Global fitness solutions company Nautilus, Inc. (NYSE: NLS) cautioned investors Thursday afternoon that its fourth-quarter results are likely to come in notably short of expectations. What Happened Nautilus told investors it expects to report earnings per share from continuing operations of 4-...
-
KC Southern Joins The Move To Precision Railroading And Now It's Almost Unanimous
2019 Jan 18, 12:34pmRead More...Kansas City Southern (NYSE: KSU) is going down the precision railroading track. In announcing its fourth quarter 2018 earnings, KCS President and CEO Patrick Ottensmeyer said the company in 2018 "did not meet our own expectations for financial or operations performance." He added that KCS...
-
Immunomedics Shares Crash As Breast Cancer Drug Fails To Obtain Regulatory Nod
2019 Jan 18, 12:31pmRead More...Immunomedics, Inc. (NASDAQ: IMMU) shares were plunging Friday following an adverse regulatory development. What Happened Immunomedics announced Thursday after the market close the FDA issued a complete response letter for its BLA for sactuzumab govitecan, its investigational candidate for...
-
Conflicting Data Clouds Reality Of The Freight Markets
2019 Jan 18, 12:30pmRead More...As we pointed out last week, December was a month of growing uncertainty and severe declines in the U.S. financial markets. Since then, equity valuations have attempted to recover, as have many commodity prices. There is an abundance of theories but nothing close to a consensus view. The ongoing...
