Landstar beats recently raised guidance Industry News Landstar beats recently raised guidance Truck broker Landstar System handily beats its guidance, which was raised in early September. The…Gemini Shippers GroupOctober 21, 2020
Sale of Kenan Advantage reportedly eyed by pension fund Industry News Sale of Kenan Advantage reportedly eyed by pension fund OMERS Private Equity is considering selling Kenan Advantage Group, the tank truck carrier and logistics…Gemini Shippers GroupOctober 20, 2020
Ports of Seattle, Tacoma ride retail replenishment wave Industry News Ports of Seattle, Tacoma ride retail replenishment wave Auto volumes are still down 25% year-over-year and closed West Seattle Bridge remains a barrier.Gemini Shippers GroupOctober 20, 2020
P.A.M. Transportation’s Q3 well ahead of forecasts Industry News P.A.M. Transportation’s Q3 well ahead of forecasts P.A.M. Transportation Services sees a “marked improvement” as its auto manufacturing customer base gets back…Gemini Shippers GroupOctober 20, 2020
Aggressive growth targets for TriumphPay laid out Industry News Aggressive growth targets for TriumphPay laid out A $4.8 billion run rate for the quarter is expected to be at $7 billion…Gemini Shippers GroupOctober 20, 2020
Tesla’s secret weapon: Renewable energy credits Industry News Tesla’s secret weapon: Renewable energy credits Zero-emissions credit sales drive Tesla profitability; heavy-duty truck manufacturers to access REC marketsGemini Shippers GroupOctober 20, 2020
Lower volumes, revenue dampen CN’s third-quarter profit Industry News Lower volumes, revenue dampen CN’s third-quarter profit The COVID-19 pandemic continued to put pressure on CN’s volumes in the third quarter.Gemini Shippers GroupOctober 20, 2020
Prologis earnings ahead of pre-COVID levels as demand for logistics space grows Industry News Prologis earnings ahead of pre-COVID levels as demand for logistics space grows Logistics real estate investment trust (REIT) Prologis beats third-quarter expectations and raises guidance. Conditions have…Gemini Shippers GroupOctober 20, 2020
Canadian Pacific seeks opportunities in its land holdings Industry NewsPublic News Canadian Pacific seeks opportunities in its land holdings The railroad has 1,000 acres it can develop with partnering customers.Gemini Shippers GroupOctober 20, 2020
Why the A321 converted freighter looks like a hot ticket (with video) Industry News Why the A321 converted freighter looks like a hot ticket (with video) Questions about whether the new Airbus A321 converted freighter could generate orders and catch up…Gemini Shippers GroupOctober 20, 2020