June 21, 2017
Via: Transport TopicsFedEx Corp. reported profits grew year-over-year, increasing 65% over the last 12 months and easily beating the Bloomberg News consensus forecast on both an annual and quarterly basis. In the fiscal fourth quarter, FedEx generated $1 billion in net income […]
March 15, 2017
Via: Transport TopicsAlmost as quickly as it happened, it was gone. Shortly after Donald Trump was elected president Nov. 8, the stock prices of a slew of shipping companies soared by more than 1000% on hopes that commodity prices would rise and […]
February 2, 2017
Via: Transport TopicsLandstar System Inc. profits improved 4.5% in the fourth quarter compared with 2015, besting estimates from industry analysts for one of the few bright spots among trucking companies during earnings season. The Jackonsville, Florida, company generated $39.6 million in earnings, […]
November 11, 2016
Via: Transport TopicsRadiant Logistics Inc. reported a profit of $1.35 million on Nov. 9, up from the $172,490 loss it reported one year ago. The results for the company’s fiscal first quarter, which ended Sept. 30, reversed four consecutive quarters of losses […]
August 15, 2016
Via: Transport TopicsTransfix, which matches shippers and carriers through the internet, has received $22 million in funding, led by New Enterprise Associates. New York-based Transfix said in a statement that the Series B funding includes NEA as the latest investor, Canvas Ventures, […]