Two interesting stories from Qatar. Qatar Airways has acquired 49% of loss-making RwandAir, just after buying a 60% stake in Kigali’s new airport in December. As The Africa Report notes, the deal could help Qatar Airways bypass the embargo which …
Rivertol Roll writes:
Atlas Air Worldwide (NASDAQ:AAWW) was upgraded by stock analysts at Wolfe Research from a “peer perform” rating to an “outperform” rating in a note issued to investors on Friday, Marketbeat reports. The firm presently has a $32.00 …
SEEKING ALPHA reports:
XPO Logistics (NYSE:XPO) is scheduled to announce Q4 earnings results on Monday, February 10th, after market close.
The consensus EPS estimate is $1.01 (+40.3% Y/Y) and the consensus revenue estimate is $4.23B (-3.6% Y/Y).
To read the …
CH Robinson’s (CHRW) 10-K will be released by early March at the latest, but we already have enough evidence in its unaudited 8-K filing released recently to draw a very simple conclusion: the patient is on the operating table.
As …
Freight forwarders in China are expecting a battle for truck capacity next week as factories and warehouses slowly reopen following the coronavirus outbreak.
According to Shanghai-based Marco Reichel, APAC business development manager at Crane Worldwide Logistics, some manufacturers will restart …
Despite ocean carriers discounting container spot rates from Asia this week, there was still insufficient cargo to sustain the already reduced alliance service networks.
Maersk and MSC were obliged to cancel this week’s 2M AE7/Swan loop from China to North …
Air freight rates out of China could leap by 300-400% once production is fully back online and before belly traffic returns to the country.
While manufacturing is unlikely to hit full capacity soon, factories are expected to reopen next week …
