In the latest episode of "The FreightCaviar Podcast", we sit down with Michael Caney, Chief Commercial Officer at Highway. He shares tips on protecting your business against fraud and talks about Highway's newest product.
Plus, a politician gets slammed for uninformed trucking post, Walmart invests big in Mexico, railroad cargo theft takes spotlight, and more.
TGIF. Nikola founder Trevor Milton claims he’s been pardoned by Trump, but there's no official confirmation. Many
RXO shares jump on UPS Coyote acquisition. Analysts boost price targets, but concerns linger over leverage and integration challenges.
The market has spoken – and it likes what it sees in RXO's big Coyote Logistics grab. Let's break down the Wall Street reaction and what it means for the freight industry.
"The acquisition will significantly enhance RXO's scale within the logistics industry." - Stifel analysts
But some analysts are waving caution flags.
"The risk/reward balance still warrants a Hold rating on the stock." - Stifel
Sources: Investing.com | Investopedia
The European unit could potentially fetch around $2 billion, based on industry estimates.
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%.
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