Logistics

Bank of America Securities analyst Ken Hoexter reiterated the Buy rating on FedEx Corporation (NYSE:FDX), lowering the price forecast from $272 to $270. Hoexter noted that FedEx is progressing steadily on its structural cost initiatives, including Network 2.0, DRIVE, and Tri-Color. However,...

Logistics giant United Parcel Service (NYSE:UPS) launched a new platform that will provide upfront costs, including the impact of any tariffs, for consumers on international purchases. What Happened: UPS recently launched UPS Global Checkout, enabling consumers to view the impact of tariffs imposed...

Package delivery company United Parcel Services, Inc. (NYSE:UPS) could provide a look at how it fares with competitor FedEx Corp (NYSE:FDX) when the company reports third-quarter financial results before market open Thursday. Earnings Estimates: Analysts expect UPS to report third-quarter revenue...

FedEx Corp (NYSE:FDX) could provide a look at how shipping demand is shaping up and ease analysts’ concerns about the macro environment when the company reports first-quarter financial results after market close Thursday. Earnings Estimates: Analysts expect FedEx to report first-quarter...

On Thursday, MingZhu Logistics Holdings Ltd. (NASDAQ:YGMZ) experienced a surge in its stock price, trading above 40% in the pre-market on Thursday following a major contract announcement. Sinotrans Logistics Northwest Co., Ltd. has awarded a 1-year vehicle transport contract to MingZhu's subsidiary...

Key Takeaways: SF Holding has applied to list in Hong Kong, aiming to use the city as a financing springboard for its global expansion The Chinese logistics giant’s profit rose 32% last year to 8.2 billion yuan  By Lau Chi Hang In China, telling someone you’re “SF-ing...

Editor’s Note: The article has been updated to clarify the correct founding timeline of Lineage. Temperature-controlled storage and logistics company Lineage Inc. filed for an initial public offering (IPO), the latest REIT to join the public equities market. What Happened: Crain’s...

Logistics and shipping giant FedEx Corporation (NYSE:FDX) is set to announce fourth-quarter (Q4) financial results after market close Tuesday, June 25. Here's a look at the earning estimates, analyst ratings and key items to watch. Earnings Estimates: Analysts expect FedEx to report fourth-quarter...

Shipping and logistics company FedEx Corp (NYSE:FDX) is set to report second-quarter financial results after market close Tuesday, Dec. 19. Here's a look at the earnings estimates, what analysts are saying and key items for investors to watch. Earnings Estimates: FedEx is expected to report second-...

Each week, Benzinga's Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks that are just under the surface and warrant attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With countless...

Key Takeaways: A $26 million share repurchase plan has failed to lift the price of China’s largest intra-city delivery company SF Intra-city, which is a spinoff of logistics giant SF Express Shares of another SF Express spinoff, Hong Kong’s first logistics REIT, are also well below...

Key Takeaways: Lalatech, which operates the logistics and delivery platform Huolala, shrank its loss last year and posted an adjusted profit of $150 million in the first half of this year But the struggling Hong Kong market may put a dampener on the company’s IPO, as shares in archrival...

China International Marine Containers (Group) Co., Ltd. released worse-than-expected unaudited interim 2023 earnings Thursday. The company, which is a proxy for exporters in China, revealed the extent to which macroeconomic pressures have weighed on performance, with all key metrics coming in down...

In a recent episode of Capital Link’s Deep Dive Podcast Series, Ben Nolan, Managing Director of Research at Stifel, interviewed Mads Peter Zacho, CEO of Navigator Holdings Ltd. (NYSE: NVGS). The discussion covered Navigator’s background, current strategy, sector outlook, and plans for...

With Quiver Quantitative’s recent institutional holdings data, we can see that many hedge funds and asset managers have been increasing their holdings in Landstar System Inc. (NASDAQ: LSTR). Firms such as Victory Capital Management, Copeland Capital Management, and...