Industry Tailwinds Push Shippers Toward Fewer, More Advanced Partners
Today’s shippers have found themselves grappling with a variety of secular tailwinds, namely e-commerce growth, automation and outsourcing.…
Mid-Day Market Update: Crude Oil Dips 6%; Cytokinetics Shares Spike Higher
Midway through trading Monday, the Dow traded down 2.28% to 33,896.40 while the NASDAQ fell 1.31% to 14,238.93. The S&P also fell, dropping 1.74% to 4,251.79.
More LTL Carriers May Follow AAA Cooper To The Altar, Consultant Says
Five or 10 years ago, a truckload carrier would have looked askance at acquiring an LTL carrier. Truckload carriers were comfortable shipping directly from the shipper to the consignee at a minimal fixed cost, a model that runs counter to the multistop terminal networks of LTL carriers.
Mid-Morning Market Update: Markets Open Lower; AutoNation Profit Beats Estimates
Following the market opening Monday, the Dow traded down 2.31% to 33,885.81 while the NASDAQ fell 1.67% to 14,186.04. The S&P also fell, dropping 1.94% to 4,243.38.
Monday’s Market Minute: Copper, Crude, And Central Banks
Another busy week for investors and traders ahead in terms of eco-data earnings and overall potential market movers. Let’s take a market minute to get ahead of what’s to come.
Covid Back In Headlines As Cases Ramp Up, Pushing Travel Stocks, Multinationals Lower
A ramp-up in new Covid cases is bringing fear that we may take a step backward here, weighing on stocks to start the week. Wall Street continues to show signs of tracking the bond market, and bond yields posted fresh five-month lows this morning.
OPEC+ Countries Said to have Agreed to Boost Production Until End of September 2022 by 400K B/D
-Dow Jones
https://www.wsj.com/articles/opec-countries-plan-to-meet-to-push-oil-output-increase-11626604843
FedEx Unit Invests $100 Million In Indian Logistics Firm Delhivery
FedEx Express, the air and international unit of FedEx Corp.
Kansas City Southern Expects Strong Market For Rail In Second Half Of 2021
Kansas City Southern still anticipates double-digit revenue growth for 2021 amid favorable macroeconomic indicators, executives said during its second-quarter 2021 earnings call on Friday.
5 Chemical Stocks Get Mixed Reaction: Which Ones Got An Upgrade Or Downgrade?
The risk-reward balance may be unfavorable for chemical stocks heading into second-quarter earnings season, and one analyst adjusted his chemical stock ratings accordingly on Friday.
The Analyst: Bank of America analyst Steve Byrne issued the following chemical stock upgrades and downgrades: