Truck Parking Club hits major milestone with 1,000 property locations across 46 states, providing 24,000 parking spaces for truckers nationwide. CEO Evan Shelley shares the company's journey and ambitious plans for expansion.
Jim Cramer, the stock market's equivalent of a weatherman with a broken barometer, has proclaimed a 'new king' in trucking: XPO Logistics, after Morgan Stanley upped its price target to $65. XPO's stock, in a move that seems to be side-eyeing Cramer’s prediction, was trading down around 1% at about $72.80.
Cramer has also heralded a potential "golden age" for natural gas, prompting a nationwide sigh of investors remembering his knack for often being as accurate as a dart-throwing monkey. If Cramer is the soothsayer of Wall Street, XPO might be sweating like a long-haul trucker without air conditioning right about now. And while Cramer has been partial to Old Dominion (ODFL), it seems his affections are as changeable as gas prices.
XPO Logistics (XPO) reported Q2 2023 earnings of $0.71 per share on revenue of $1.92 billion, beating consensus estimates by 16.39%. The revenue was down compared to $2.05 billion in the same period in 2022, and adjusted EBITDA was $244…
Hi! I'm Adriana and I've been working for FreightCaviar as Head Writer for a little over a year now. Some of my favorite topics to cover are FreightTech, Green Freight, and nearshoring/reshoring.
Special damages, also known as consequential damages, are extra costs not automatically covered by the carrier. They arise from the consequences of damaged or delayed freight. Here's what brokers and shippers need to know.
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