Key Takeaways C.H. Robinson Worldwide shares soared after the freight transportation firm topped estimates with its second-quarter profits. The logistics firm has implemented a new operating model to reduce costs as it navigates the macroeconomic challenges facing the shipping industry. Analysts reacted favorably to the financial results, with BMO Capital Markets boosting its price target on C.H. Robinson stock. C.H. Robinson Worldwide (CHRW) shares delivered major gains after the freight transportation and ...

DakotaSmith/iStock Editorial via Getty Images Introduction It's been a difficult time to be a logistics and transport company. During the last few years, the sector has undergone a tumultuous period navigating supply chains, inflation, and now a freight recession as an imbalance of supply and demand for trucking leaves the market dry. However, for those that look under the hood of the companies in the sector, as well as which ones are poised to benefit from a rebound, I believe that Marten Transport, Ltd. ( ...

HOUSTON, July 08, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (NASDAQ:FRGT) ("Fr8Tech" or "Freight Technologies"),a technology-driven logistics company offering Fr8App, its proprietary and industry-leading freight-matching platform powered by AI and machine-learning that provides a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, announced today the official launch of Waavely, a state-of-the-art platform designed to revolutionize ocean freight booking and ...

HOUSTON, July 08, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech” or “Freight Technologies”),a technology-driven logistics company offering Fr8App, its proprietary and industry-leading freight-matching platform powered by AI and machine-learning that provides a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, announced today the official launch of Waavely, a state-of-the-art platform designed to revolutionize ocean freight booking an ...

ablokhin Introduction It's time to talk about Old Dominion Freight Line, Inc. (NASDAQ:ODFL), a company that has become one of my favorite dividend growth stocks on the market. After covering the company for many years, this is my first article on the stock I'm writing as a shareholder, as I bought the company earlier this year, which I revealed in an article titled "A New Portfolio Addition! I Just Bought These 2 Dividend Growers." My most recent in-depth article on ODFL was written on April 30, when I ...

HOUSTON, June 20, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (NASDAQ:FRGT), ("Fr8Tech"), a technology driven logistics company powered by its proprietary AI and machine learning Fr8App platform that uniquely provides a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, today announces the expansion of its relationship with Amazon Mexico to include cross-border logistics operations. As a result of the expansion, Fr8App now provides dual logistic services fo ...

HOUSTON, June 14, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech'' or “Freight Technologies”), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning and offers a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, recently participated in Chardan's Transport Platform Tech Series. This virtual conference featured key industry players and highlighted Freight Te ...

HOUSTON, June 14, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (NASDAQ:FRGT) ("Fr8Tech'' or "Freight Technologies"), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning and offers a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, recently participated in Chardan's Transport Platform Tech Series. This virtual conference featured key industry players and highlighted Freight Tec ...

LAS VEGAS, June 14, 2024 (GLOBE NEWSWIRE) -- via IBN -- Golden Triangle Ventures, Inc. (OTC PINK: GTVH) (“GTV” or the “Company”) is excited to announce it has received financial commitment to launch an internal, full-service freight brokerage business which aims to significantly expand its logistics capabilities. This initiative follows the successful acquisition of Cargo Management Group from TK Zarro, LLC which included a logistics operation, brokerage business, licenses, and all associated assets. Manage ...

The Zacks Transportation - Air Freight and Cargo industry faces challenges, ranging from inflation-induced elevated interest rates to concerns pertaining to supply-chain disruptions and the slowdown of economic growth. Despite the abovementioned challenges, we believe that the space still has fuel left in the tank, especially for operators that target growth opportunities and undertake cost-reduction initiatives. Even though economies are reopening, consumers’ thirst for online shopping is rampant. Cost-cut ...