SEEKING ALPHA reports:
– Knight-Swift Transportation (KNX +3.8%) shares on the rise after the company posted a strong earnings beat as revenue grew 32.8% Y/Y, excluding fuel surcharges. Adjusted EPS were $1.30, beats by $0.23, a 64.6% from last year …
PRESS RELEASE
JACKSONVILLE, Fla. – October 20, 2021 – CSX Corp. (NASDAQ: CSX) today announced third quarter 2021 net earnings of $968 million, or $0.43 per share, compared to $736 million, or $0.32 per share in the same period last …
In an effort to attract larger shippers, Maersk is expected to announce that it will only handle cargo from direct shippers from 1 November, cutting out freight forwarders.
The Danish carrier has made no secret of its ambition to become …
More controversy surrounding Korea Development Bank’s control over HMM has erupted after a South Korean lawmaker revealed at the National Assembly on Friday that 67% of the liner operator’s surplus $4bn funds had been deposited in low-interest funds, managed by …
Air freight is better placed to avoid congestion during the coming months than sea freight, but airports have expressed concern that labour shortages could slow down handling.
“Shippers are turning to air freight because of the challenges at sea,” explained …
When Kuehne + Nagel (K+N) acquired Apex earlier this year, all sort of noise surrounded the purchase, with several market veterans arguing the Swiss forwarder may have regretted, eventually, the purchase of a sea and air freight wholesaler whose associated …
PRESS RELEASE
Hub Group expands its supply chain solutions through the acquisition of Choptank Transport
10/19/21
Hub Group extends its supply chain solutions through the acquisition of leading cold-chain focused third-party logistics company, Choptank Transport.
Transaction Highlights:
– Expands Hub …
