Newsfeeds - Spark Newswire

2 minute read

News

Werner Reports Collaboration With Daimler Trucks North America

Today, 4:55 PM

Werner Enterprises (NASDAQ:WERN), a premier transportation and logistics provider, announces the integration of the application programming interface (API) used by Daimler Trucks North America (DTNA) into its fleet

WERN

4 minute read

Tech

Embark Trucks Tallies 14,200 Prelaunch Reservations for Driverless Software

By FreightWaves

Today, 4:55 PM

SPAC-sponsored autonomous trucking software developer Embark Trucks expects to exceed its first-year revenue target based on 14,200 reservations it has collected from partner carriers including Knight-Swift and Anheuser-Busch.

BUD

5 minute read

Rate Guidance Should Drive TL Estimates Higher, Morgan Stanley Says

By FreightWaves

Today, 4:55 PM

In a Monday note to clients, Morgan Stanley analyst Ravi Shanker identified three key themes for the third-quarter earnings season, which begins Oct. 15 when J.B. Hunt reports. Hurricane Ida's impact on the period, 2022 rate expectations and labor issues throughout peak season are the areas that will get the most attention, according to Shanker.

ARCB

1 minute read

See Why Cowen Raised Price Targets On These Trucking Industry Companies?

By Akanksha

Today, 4:55 PM

Cowen & Co. analyst Jason Seidl updated ratings and price targets for few trucking industry companies. Seidl states the consensus view appears to be underestimating the trucking industry's pricing power in 2022 and sees pricing to be up by a mid-single digits percentage.

SNDR

6 minute read

Up 5% May Not Be Enough For Truckload Rates In 2022

By FreightWaves

Today, 4:55 PM

The plus-5% placeholder suggested as the starting point for contractual truckload negotiations in 2022 may prove too light according to trucking executives.

JBHT

6 minute read

Benzinga’s Top Ratings Upgrades, Downgrades For September 15, 2021

By Benzinga Insights

Today, 4:55 PM

1 minute read

10 Biggest Price Target Changes For Wednesday

By Lisa Levin

Today, 4:55 PM

Morgan Stanley boosted the price target on Adobe Inc. (NASDAQ: ADBE) from $610 to $736. Adobe shares rose 0.2% to $646.33 in pre-market trading.

ADBE

1 minute read

Cowen & Co. Upgrades Werner Enterprises to Outperform, Raises Price Target to $56

By vishwanath@benzinga.com

Today, 4:55 PM

Cowen & Co. analyst Jason Seidl upgrades Werner Enterprises (NASDAQ:WERN) from Market Perform to Outperform and raises the price target from $52 to $56.

WERN

4 minute read

Early 2022 TL Rate Predictions Pointing Higher Again

By FreightWaves

Today, 4:55 PM

Early predictions are pointing to truckload rates being up again in 2022. The outlook isn't overly surprising given the industry's labor and equipment challenges, but another increase, following a large move higher in 2021, is likely to establish new highs for the industry.

CASS

16 minute read

Benzinga’s Top Ratings Upgrades, Downgrades For August 9, 2021

By Benzinga Insights

Today, 4:55 PM

Upgrades

AAON