A tale of 2 food apps: Uber Eats grows, DoorDash finds new verticals
Both Uber Eats and DoorDash surprised investors, but not in the ways one might think.
Both Uber Eats and DoorDash surprised investors, but not in the ways one might think.
Square posted a 45% increase in revenue, but lower-than-expected bitcoin revenue dampened analysts’ enthusiasm for the Q3 results.
While some truckload carriers posted significantly better-than-expected results, most saw their shares sag as the bullish trucking trade cooled heading into the third-quarter earnings season.
In third-quarter 2020 financial and operational results released after trading ended on Wednesday afternoon, Chicago-based third-party logistics provider Echo Global Logistics (NASDAQ: ECHO) reported record gross revenues, which grew by […]
Managing for yield, Robinson shuns truckload volume growth to take a double-digit price increase.
In today’s edition of The Daily Dash, Knight-Swift sees a strong 2021 ahead; experts are predicting a wild Q4; and Kenan Advantage Group could be for sale.
German container carrier now expects 2020 EBITDA of between $2.8 billion and $3.04 billion.
Uncertainty clouds future of Chinese hydrogen subsidies and impact on the Canadian fuel cell manufacturer.
Despite revenue miss. IBM continued over two straight years of earnings beats.
Uber and Lyft saw a steady growth in revenue this quarter, as they continue to invest heavily in mobility sharing segments, with Uber forking out into food delivery and truck hauling segments as well.
ArcBest posted excellent operating results for the third quarter, but executives failed to clarify the company’s pension liabilities, which were the subject of a controversial short seller report last month.
OD’s top line revenue grew 21.2% year over year to $1.06B and earnings per share swelled 71% to $2.12. Even more impressively, Old Dominion achieved a 78.4% operating ratio, a company (and possibly industry) record and 280 bps improvement over Q3 2017.
UPS Inc. will expand its “My Choice” customized delivery program to the business-to-business segment during the first quarter of next year.
CEO David Parker expects very strong demand in Q4 and Covenant to shift further to dedicated capacity in 2019 in an effort to “get deeper into the supply chain.”
In her final conference call as CEO, PepsiCo’s Indra Nooyi presented their third-quarter results, once more pointing to transportation costs that threatened to eat into profits.