Well-known transportation equity research analyst Amit Mehrotra is leaving Deutsche Bank, which for now at least is ending equity coverage of transportation companies.
He couldn’t pull off the impossible, but he has made shareholders significantly richer in the process.
The LTL segment remains a work in progress, but analysts are confident that Jacobs & Co. can turn it around.
FedEx’s Express and LTL units delivered solid performances, while the bottom may have been hit at its Ground unit.
Strong selling on Friday follows the disclosure that XPO’s founder, and chair of both companies, sold 3.2 million shares in each.
Picking transport stocks in 2022 will not involve a blanket approach, according to Deutsche Bank. However, there are still several companies with significant upside potential.
As freight markets enter the second year of peaklike conditions, FreightWaves caught up with Amit Mehrotra, Deutsche Bank’s transportation analyst, to talk about how this freight cycle will play out.
Can Brad Jacobs lift the conglomerate’s discount off of XPO’s back and still maintain its non-LTL businesses?
Truckload carriers’ “spillover” freight ties up LTL capacity during unprecedented times, Old Dominion executives said.
The key profitability metric comes in 550 basis points below the company’s 2020 results.
Strong second-quarter results give way to second-half volume growth concerns. An analyst calls the share sell-off “overdone.”
Hear from Deutsche Bank’s Amit Mehrotra about his current favorite stocks in the transportation industry on this episode of Great Quarter, Guys.
The company’s investor day focuses on modest projections for domestic package-delivery margins through 2023.
Truckload shippers are accepting double-digit rate hikes in 2021 and further increases in 2022, Deutsche Bank’s lead transport analyst says.
The move comes as the company reports terrific first-quarter results and its shares soar.
Canadian Pacific wants to acquire Kansas City Southern. Here are five thoughts from Wall Street transportation analysts about the transaction.
Deutsche Bank’s Amit Mehrotra on how long import surge could last and upside potential for container, dry bulk and tanker stocks.
In today’s edition of The Daily Dash, civil penalties for drug and alcohol violations could jump under a proposed rule. Plus, the holiday shipping season trned out better than most expected, and California unveils a plan to invest in clean vehicles.
In today’s edition of The Daily Dash, the U.S. DOT has laid out its strategic plan for safely deploying autonomous trucks and passenger vehicles. Plus, LTL volumes stayed strong in December, and XPO names the head of its logistics spinoff.
Deutsche Bank’s December geofencing data suggests LTL volumes continued the positive trends seen in the first two months of the fourth quarter.
In today’s edition of The Daily Dash, the CEO of flatbed operator Daseke has stepped down, plus project44 accuses FourKites of defamation over alleged emails sent to board members, and a key index covering transportation, inventory and warehousing, is suggesting a possible slowdown in the supply chain.
Will the new year bring market booms or busts? Andrew Cox and Seth Holm react to a bold prediction from Deutsche Bank analyst Amit Mehrotra.
In today’s edition of The Daily Dash, an activist investor is pushing Forward Air to create more shareholder value. Plus, retail supply chain trends to watch in 2021 and Deutsche Bank’s Amit Mehrotra shares his truckload stock outlook.
The trucking sector has been on a historic run of late, with some pointing to an end nearing. Don’t tell that to Deutsche Bank’s Amit Mehrotra, who sat down with FreightWaves to discuss his positive outlook for the new year.
Sell-side research analysts have made their bets on trucking in 2021. Some believe a continuation in consumer spending and inventory restocking will benefit truckload carriers while others see less-than-truckload carriers gaining traction as the industrial economy advances.
How long will Brad Jacobs stay on after split and spinoff of logistics business?
XPO is `very comfortable with where we are’ heading into 2021, Jacobs says.
Deutsche Bank’s geofencing data shows less-than-truckload terminal activity at XPO accelerated during the third quarter while other carriers saw moderation.
Talk of a European supply chain unit sale may put XPO’s Jacobs at fork in the road.
Shares soar after hours.
Deutsche Bank’s Amit Mehrotra becomes increasingly bullish on the future of trucking. The analyst is forecasting earnings growth at the publicly traded carriers much higher than that of his peers.
Deutsche Bank geofencing data shows the less-than-truckload recovery off of an April bottom spills into June.
Deutsche Bank analyst Amit Mehrotra favors a few transportation stocks as the second quarter comes to a close.
FourKites says it has cracked the code on delivering more accurate ETA information for LTL shipments
Less-than-truckload demand appears to have bounced off of an April bottom according to reports from carriers.
An exclusive interview with Deutsche Bank’s Amit Mehrotra on what COVID-19 means to transport stocks.
Other metrics helped the LTL carrier post a new record.
Brad Jacobs enters rich, leaves richer
Saia’s CFO leaves after just 8 months to return to reefer warehousing firm Americold
Blockchain needs trust to gain trust. A tribute to Paul Volcker
Analysts now want CHRW to cut costs.
Old Dominion posts first year-on-year revenue drop in 3 years as macro weakness hits home
Less-than-truckload volumes to continue to be pressured by weak September ISM report
In 2020, growth is expected to slow further in nearly every global region, except Latin America and emerging Asian economies.
But a lot depends on stabilizing global growth and an industrial recovery in the United States.
FedEx posts lousy fiscal q1 results but insists that the long-term outlook remains bright
Technology deployment specialists Velociti have expanded into the construction markets, giving participants the same support and expertise over-the-road trucking companies have benefitted from since its founding.
Morgan Stanley, Susquehanna, and Deutsche Bank cut their price targets; Stifel maintained.
FedEx and Amazon part ways on US air services with both probably the better off for it
FedEx Express terminates its domestic air delivery business with Amazon to focus on broader e-commerce market
Changing distribution patterns could spell trouble for intermodal, report says.
The company’s stock took it on the chin for much of 2018 but the company said it had a strong fourth quarter.
Everyone knew the quarter was weaker than it had been. The question is how much. Stock prices have reflected a significant slowdown.
It’s an aggressive push by Deutsche to rebut the suggestion that XPO has serious accounting issues.
The charges are growing but there are signs that this lengthy dispute may be coming to an end.
A number of analysts have stepped forward and issued counterarguments to a negative report on Thursday about XPO, and the company itself has announced a share buyback program.
But container volumes still going strong this quarter as U.S.-China hash out deal; but first quarter likely to see slowdown.
One quarter ago, their earnings were feared to have marked a peak. But there’s no signs of that reading the third quarter numbers.
Most of the hit is coming from an arbitration award with BNSF. Its conference call with investors is a change in its normal practice.
Transportation stocks show gains ahead of Florence’s landfall
Coverage of three companies were launched with a “buy” rating, while three of them got “hold” ratings.
TMW CEO Wangler dies; a complete guide to Tesla’s borrowing & spending; inflation, consumer spending rise; the UAE’s Hyperloop; lost trucker wanders through Oregon forest for 4 days, lives to tell the tale.
Amazon and the US Postal Service have grown package volumes and profits together in a mutually beneficial relationship.
Truck sales, indices, stock price projections: all are looking bullish
