🎣 Nuclear Verdict vs. Werner
Plus, the latest on Atlantic hurricane forecasts, Portex's $6.5M raise, and a looming US port strike.
"Verdict on earnings at CHRW has been swift and savage. It hit a 52-week low at $71.57 today. It was $89.71 as recently as Jan 5. Stock hasn't been this low since May '20." - John Kingston
Happy Groundhog Day. This morning, Punxsutawney Phil predicted an early spring. Hopefully, that also means produce loads from the South will hit the market early this year. Today's feature focuses on the latest Q4 2023 logistics earnings reports, highlighting key financials and market impacts. We're also covering C.H. Robinson's stock drop post-earnings, the FBI's crackdown on a trucker-involved drug ring, and the latest acquisition by Ryder System.
🤔 Question of the Day: What percentage of the retail market share does ZYN hold in the US? Scroll down to the Around the Freight Web section to find out.
In today's email:
Join over 11K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).