Transportation

Transportation Recent News

Freight Recession: 5 Stocks To Watch As Transportation Costs Plummet To Pre-Covid Levels
Although it went almost undetected by the market, some astute investors may have caught up on a specific detail in the latest Fed Beige Book.
Is There Value Left In Lyft Stock?
Domestic rideshare operator Lyft Inc. (NASDAQ: LYFT) has fallen even further in Uber Technologies Inc. (NYSE: UBER) rearview mirror.
Warren Buffett Was Said To Overpay For BNSF Railway, Here's Why He's Having The Last Laugh
Legendary investor Warren Buffett is a fan of railroads, especially one of the leading railroad companies in North America, which is owned by Berkshire Hathaway Inc (NYSE: BRK-A)(NYSE: BRK-B).
Couple Takes 1,500-Mile EV Road Trip, But It Wasn't Easy, This 'Occupied Our Minds'
A couple recently took their Hyundai Motor Company GDR (OTC: HYMTF) Kia EV6 electric car on a cross-country trip from Michigan to Florida, riding
A Railroad Stoppage Before Christmas Could Cause Over $2 Billion In Economic Damage, Driving Inflation Even Higher
In September, the nation's largest rail unions began negotiating with rail companies to establish better schedules, more pay and paid sick time for its track maintenance workers.
Did FedEx's Dividend Announcement De-Risk The Stock During Bear Market Woes?
FedEx Corporation (NYSE: FDX) was flying more than 15% higher on Tuesday after the company announced it will raise its quarterly dividend from 75 cents per share to $1.15 per share.
Why BofA Upgrades CH Robinson Worldwide
Brokerage carriers such as CH Robinson Worldwide Inc (NASDAQ: CHRW) are poised to benefit from continued strength in contract rates in the first half of 2022 and the subsequent “roll over as fluidity improves in the supply chain,” according to BofA Securities.
Uber CEO Weighs In On Earnings Results: 'Right Now All Signs Are Positive For Us'
Uber Technologies Inc (NYSE: UBER) is trading higher today after the company announced its third-quarter financial results. The stock initially traded lower on the report, but has since recovered and is currently trading near one-month highs.
BofA Downgrades US Xpress Enterprises Even As It Expands Variant Trucking Segment
While US Xpress Enterprises Inc (NYSE: USX) is expanding its Variant truck segment, it is missing out on “fully participating in the strongest truckload market in a generation,” according to BofA Securities.
ENERGY Transportation Group Ranks Among Canada's Top Growing Companies
ENERGY Transportation Group has been named one of Canada's Top Growing Companies, according to the recently released annual list from The Globe and Mail. 
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Logistics Company Transfix Announces SPAC Deal: What Investors Should Know
With a goal of building the world’s most connected and intelligent freight platform, Transfix is set to go public with a SPAC deal announced Tuesday.
Intermodal Logistics Outfit RoadOne Acquires Rose Transportation
Intermodal logistics provider RoadOne announced Wednesday it has acquired intermodal transportation provider Rose Transportation.
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Cambridge Capital Makes Majority Investment In Everest Transportation Services' Growth Strategy
Everest Transportation Services has all the main ingredients for producing a disruptive freight brokerage. 
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Transportation Capacity Dips Further, Prices Keep Surging
Transportation capacity remains on a downward trajectory while prices and utilization are "increasing at an increasing rate," according to a supply chain survey released Tuesday.
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5 Largest US M&A Deals In Q2: Railways, Health Care, REITS And More
Global merger and acquisition activity topped $1 trillion in the second quarter of 2021, with the U.S alone topping $500 billion. This was the third quarter in a row that this happened globally and in the U.S.
GreenCarNewsBreaks – Ideanomics Inc.'s (NASDAQ: IDEX) WAVE Subsidiary Names Accomplished Clean Transportation Exec As CEO
The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.
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Making Technology An Asset, Not A Liability — Cyberly
With the flood of technology that has hit the logistics market, choosing a tech provider and platform can make or break a company.  So how do you know what technology is right for your business? Blythe Brumleve talks through the challenges of finding a good tech fit on this episode of Cyberly. 
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Titanium Adds US Brokerage Office In Denver
Titanium Transportation Group has opened its fourth U.S. freight brokerage office, in Denver, the Canadian trucking and logistics firm said on Thursday as it pushed ahead with an increasingly key source of growth. 
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Daily Infographic: Transportation Employment Update
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199 Transportation And Logistics Companies Make The Inc. 5000 List
Third-party logistics provider MoLo Solutions was the top-ranked transportation and logistics company on the 2021 Inc. 5000 list of the fastest-growing privately held firms in the U.S. 
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Rejection Rate Down Meaningfully But Spot Rates At All-Time High — What Gives?
This week's DHL Supply Chain Pricing Power Index: 70 (Carriers) Last week's DHL Supply Chain Pricing Power Index: 70 (Carriers) 
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At BCB Transport, Newbies Need Not Apply
Like many fleet owners, Rick Larkin wants and needs more drivers. With two pay raises so far in 2021, he is willing to put his money where his mouth is. But Larkin, president of truckload carrier BCB Transport LLC, is not so desperate that he will hire just anyone to fill the seats of his 300 power units.
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Truck Transportation Jobs Continue Solid Growth In July
Truck transportation jobs continued a steady rise in July, according to data from the Bureau of Labor Statistics, with the not-seasonally adjusted figure again growing at a faster rate than the seasonally adjusted number.
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