New Partnership Leverages Thousands of Locations, hundreds of thousands of parking data points, and Advanced Sensor Technology to Aid Law Enforcement
In the latest episode of "The FreightCaviar Podcast", we sit down with the WireBee team. They break down their fraud-detecting software and share how their product can revolutionize the industry.
Plus, Apollo is warning of big job cuts in trucking and retail, the CVSA just voted to sideline truckers who can’t speak English fluently, a new Kearney report shows reshoring is stalling, and more.
Is Cramer's prediction a green light or a warning sign on the highway to investing?
Jim Cramer, the stock market's equivalent of a weatherman with a broken barometer, has proclaimed a 'new king' in trucking: XPO Logistics, after Morgan Stanley upped its price target to $65. XPO's stock, in a move that seems to be side-eyeing Cramer’s prediction, was trading down around 1% at about $72.80.
Cramer has also heralded a potential "golden age" for natural gas, prompting a nationwide sigh of investors remembering his knack for often being as accurate as a dart-throwing monkey. If Cramer is the soothsayer of Wall Street, XPO might be sweating like a long-haul trucker without air conditioning right about now. And while Cramer has been partial to Old Dominion (ODFL), it seems his affections are as changeable as gas prices.
Source: CNBC
1/ $XPO
— LongYield (@LongYield) August 4, 2023
Q2 2023 Financial Performance:
XPO Logistics (XPO) reported Q2 2023 earnings of $0.71 per share on revenue of $1.92 billion, beating consensus estimates by 16.39%. The revenue was down compared to $2.05 billion in the same period in 2022, and adjusted EBITDA was $244…
U.S. trucking firms, including Balkan Express, file Chapter 11 amid market strain; FreightWaves tracks 2025 closures.
Today we sat down with Angie Twardawa, Co-Founder of RoadLites, a safety lighting solutions brand. She shares insights into their innovative products, the latest advancements in safety lighting, and how regulations and features differ between Europe and the U.S.
AI agents are loud. Levity’s automation gets things done. Learn why freight ops need workflows, not hype.
Saia shares have had an incredibly challenging past week, dropping 33% after missing earnings, down $117 from its high at $354.15, now trading at $237.95.
Join over 12K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).
