The Loadstar


Geodis expands its ‘second home market’ with Pekaes takeover

French transport and logistics group Geodis is to acquire a controlling stake in Polish road freight operator Pekaes from investment group Innova for an undisclosed sum.
Established in 1958, Pekaes operates one of the leading full truckload (FTL), less-than-truckload (LTL) …


SA: JB Hunt EPS misses by $0.13, beats on revenue

SEEKING ALPHA reports:
– J.B. Hunt Transport Services (NASDAQ:JBHT): Q3 GAAP EPS of $1.18 misses by $0.13.
– Revenue of $2.47B (+4.7% Y/Y) beats by $110M.
More here: “JB Hunt reports earnings for the third quarter 2020“.
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Market insight: Toll Group facing the endgame music

Soon after I dropped my son at school this morning, the following album cover from 1978 popped up on my car’s (woefully basic) ‘infotainment’ screen right before I hit an express shop to buy a much needed dose of caffein.…


CMA CGM to launch BRAZEX 2 service

CMA CGM is pleased to announce the launch of BRAZEX Loop 2 service, a service to/from Brazil with optimized connections to/from North America, the Caribbean, Asia & Europe using Kingston as a hub for full coverage.

The post CMA CGM