Newsfeeds - Spark Newswire

2 minute read

SPS Commerce, C.H. Robinson Collaborate to Boost LTL Capacity for Retailers

Today, 8:13 PM

Retailers may get a bit of a reprieve from the tight trucking capacity this holiday season thanks to a new partnership between SPS Commerce and C.H. Robinson. At a minimum, the collaboration could open up additional capacity on LTL networks for retailers desperate to move goods to fulfill omnichannel sales.

CHRW

19 minute read

Benzinga’s Top Ratings Upgrades, Downgrades For October 11, 2021

By Benzinga Insights

Today, 8:13 PM

Upgrades

ACI

1 minute read

Vertical Research Upgrades C.H. Robinson Worldwide to Buy

By Benzinga Newsdesk

Today, 8:13 PM

Vertical Research analyst Jeffrey Kauffman upgrades C.H. Robinson Worldwide (NASDAQ:CHRW) from Hold to Buy.

CHRW

5 minute read

Echo Had Another Serious Suitor Before Accepting Jordan’s Bid, Filing Says

By FreightWaves

Today, 8:13 PM

By Tuesday night, it had become a matter of public record that a serious suitor for Echo Global Logistics Inc. had emerged before the Chicago-based freight broker accepted in early September a $48.25-per-share all-cash buyout from private equity firm The Jordan Co., topping the unnamed suitor's $47-a-share cash bid. The question is who?

AMZN

5 minute read

Rate Guidance Should Drive TL Estimates Higher, Morgan Stanley Says

By FreightWaves

Today, 8:13 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

10 minute read

Benzinga’s Top Ratings Upgrades, Downgrades For September 13, 2021

By Benzinga Insights

Today, 8:13 PM

ABNB

1 minute read

Evercore ISI Group Initiates Coverage On C.H. Robinson Worldwide with In-Line Rating, Announces Price Target of $95

By Benzinga Newsdesk

Today, 8:13 PM

Evercore ISI Group initiates coverage on C.H. Robinson Worldwide (NASDAQ:CHRW) with a In-Line rating and announces Price Target of $95.

CHRW

4 minute read

Wall Street Analysis Puts Value Of Uber Freight At $3.5B

By FreightWaves

Today, 8:13 PM

A report from Morgan Stanley's transportation research team, headed by Ravi Shanker, estimates the value of Uber Technologies' (NYSE: UBER) "sum of parts" at $72 per share. Of that, about $2 can be attributed to Uber Freight, based on valuing Uber Freight at $3.5 billion.

CHRW

2 minute read

CH Robinson Announces Drayage Congestion Surcharges

By FreightWaves

Today, 8:13 PM

Freight broker C.H. Robinson said it would begin levying drayage surcharges in September due to worsening congestion at U.S. ports.

CHRW

4 minute read

Odyssey Logistics Gets Better Outlook From Key Ratings Agency

By FreightWaves

Today, 8:13 PM

The debt ratings of Odyssey Logistics & Technology Corp. were held steady by Moody's Investors Service in a recent review, a little more than a year after the ratings agency downgraded them.

CHRW