stocks

A shipping researcher dubbed July 1 “Bloody Friday” due to a large drop in stock prices for several shipping companies.

A new initiative from Moves Financial is rewarding gig workers with stock in the very companies for which they work.

Anthony and Zach bring in former fund manager Seth Holm to discuss how the volatile equities markets can hit the world of transportation and trucking.

Outbound volumes and rejections were horizontal this week. Target’s poor earnings are not enough for us to believe the retail sector is in danger of a slowdown, but it is slightly alarming.

The SEC says that Elon Musk violated his settlement agreement by issuing material, forward-looking statements about Tesla without having them pre-approved by an internal process.

Trucking Freight Futures are designed to offer market participants a chance to offset their risk in the trucking market. Stocks edge up as dollar advances. Amazon adds “transportation and logistics services” to the long list of industries and services it views as competition.

Walmart looks to recruit 900 more truckers this year; brick-and-mortar stores would not completely go out of fashion; China to overtake the U.S. as the world’s largest retail market.

On the third day of trade talks at the World Economic Forum in Davos, Switzerland, David Carlyle said the U.S. government shutdown is having an impact on the U.S. economy.

Among news of poor performance in the Chinese economy, one of the most distressing signals for foreign retailers and manufacturers is Apple’s announcement on Wednesday that the company had reduced revenue expectations due to poor iPhone sales in China.

Wolfe Research downgraded several trucking stocks Friday after their analysts revealed concerns over spot rates, according to Seeking Alpha

There is a fear on the part of some investors in the trucking space that a peak may have been reached.

With transport stocks surging, some market watchers are hopeful that the current expansion period will continue despite downturns in the broader market earlier this year.

The year 2018 is shaping up as one  not seen in trucking in more than a decade, explained Chris Lofgren, CEO of Schneider National, on the company’s earnings call on Thursday morning.

Covenant Transportation Group saw revenue and earnings increase and predicted that the second quarter presents an even bigger opportunity for the carrier.

FreightWaves adds stock tickers for publicly traded stocks in the freight space

An optimistic Q1 guidance document released by Covenant Transport yesterday caused the carrier’s stock to jump 5% this morning. We explain how the team fleet is exploiting the new ELD environment.

It is a curse to have everything go right on your first attempt.

Strong economic fundamentals in the U.S. and globally are driving the second-longest bull market since the 1920s. Could the driver shortage ultimately end it all?

The Fed announced today that it will allow $10 billion of Treasury and mortgage-backed securities to mature each month without buying new ones as it cautiously approaches the wind down to avoid another financial collapse.

Do you have money to invest? If so, Martin Tillier has some advice: the time may be right to invest in trucking and logistics company stocks. Tillier notes that money spent on infrastructure will improve the fortunes of an industry that counts infrastructure as a critical piece to getting its job done.

Since the dawn of the shipping industry, brokers, carriers and shippers have struggled with rate price swings, sometimes due to conditions outside their control, such as weather or politics. TransFX, a Chattanooga-based company located in Freight Alley, is trying to help change that by offering “freight futures contracts.”