Revealed through a detailed look at data from ISO's network of brokers. Explore key insights from the ISO Service Index Benchmark Report.
Analyzing who accesses popular freight websites like DAT gives us insight into where people are located and how website traffic has shifted over the last three months.
Plus, J.B. Hunt Q3 earnings are in, shipper survey ranks the top LTL carriers, Walgreens to close 1000+ stores, and more.
Lineage, the cold chain logistics leader, plans a massive $3.85 billion IPO, offering 47 million shares priced between $70 to $82 each.
Lineage, the temperature-controlled storage and logistics powerhouse, is set to make waves with one of the biggest IPOs since the COVID-19 pandemic. The company is aiming to raise up to $3.85 billion, potentially valuing the firm at a staggering $19.2 billion.
Market Impact: This IPO represents a rare sizable listing in the summer months. In the past decade, only three companies have raised more than $1 billion on US exchanges in July, excluding pandemic years.
Looking Ahead: While the terms may still change, this IPO signals strong confidence in the cold chain logistics sector. Investors and industry watchers should keep a close eye on Lineage's debut and its ripple effects.
Source: Bloomberg
Forward Air bounces back 30% after tanking from its Omni merger mess. Investors are cautiously optimistic about the turnaround.
Aurora raises $483M, extending runway to 2026. Plans driverless truck launch in Texas by year-end. Here's how they are tackling trucking industry challenges.
UPS maintains ambitious 2026 targets, but investors remain skeptical as it misses its Q2 expectations, sending the stock tumbling 13%.
This ranking of the best logistics stocks is based on hedge fund sentiment.
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