Freight Technologies launched a transportation management system (TMS) designed for brokers, shippers and other logistics operators working across the United States-Mexico-Canada Agreement (USMCA) region. The new Fleet Rocket is designed to help these businesses handle both domestic and cross-border logistics and optimize supply chain management, the logistics management technology company said in a Monday (Feb.
WERN is grappling with supply-chain disruptions and escalated operating expenses.
Weakness in overall volumes due to headwinds like weak freight demand, supply-chain woes and slower network velocity are hurting LSTR's top line.
Old Dominion Freight Line faces headwinds from high interest rates, but resilient financials and expected earnings growth in 2025 and beyond make it a strong long-term investment. Despite higher operating costs, ODFL's solid dividend growth, low debt, and strong cash flow highlight its financial strength and astute capital allocation. The stock appears overvalued with a forward P/E of 37.01x, suggesting investors should consider adding on market corrections or crashes.
Headwinds like weak demand, high inflation and geopolitical woes hurt the Zacks Transportation-Air Freight and Cargo industry. UPS, GXO and ATSG are likely to stand out.
Old Dominion Freight Line Inc ODFL just reaffirmed its status as the gold standard in less-than-truckload (LTL) freight, according to JPMorgan analyst Brian Ossenbeck, who recently pored over insights from the 2024 Mastio Survey.
Old Dominion Freight Line, Inc. ODFL shares are trading slightly lower on Friday. BMO Capital Markets analyst Fadi Chamoun downgraded the company to Market Perform from Outperform and lowered the price target to $210 from $214.
Union Pacific's efforts toward innovation and technology are boosting the company's prospects. However, the freight downturn represents a major headwind.
Reysaş Logistics has shown a 50% gain, outperforming the S&P 500's 19%, and is currently undervalued by around 23% based on EV/EBITDA metrics. Challenges include poor investor relations website functionality and liquidity issues on OTC markets, but higher liquidity is available on Borsa Istanbul. Currency fluctuations and inflation in Turkey pose risks, but Reysaş's dollar/euro-denominated contracts offer some protection against Turkish Lira depreciation.
LSTR is affected by reduced demand for freight services and increased truck capacity.
Shareholder-friendly moves and cost-cutting initiatives bode well for the Zacks Transportation-Air Freight and Cargo industry. FDX, GXO and ATSG are well-poised to capitalize on the bullishness.
Old Dominion topped quarterly earnings expectations despite a continued soft operating environment. It could take a while for the trucking slump to end, but Old Dominion is well positioned to survive and thrive when demand improves.