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Qantas Freight Joins Freightos, Expanding Trans-Pacific Capacity on Key US, Australia and New Zealand Routes
Prnewswire· 2024-11-05 12:00
BARCELONA, Spain, Nov. 5, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO) a leading, vendor-neutral booking and payment platform for the international freight industry, is proud to announce that Qantas Freight, the cargo division of Australia's national carrier Qantas, has joined its air cargo booking platform. This will enable freight forwarders to search, compare and book capacity across Freightos' WebCargo and 7LFreight by WebCargo platforms for all Qantas and Jetstar services between the US, Austr ...
South Africa Freight Forwarding Industry Report 2024, with Profiles of 22 Players Including DHL, DSV South Africa, Megafreight Services, Rohlig-Grindrod, Safcor Freight and Santova Logistics
GlobeNewswire News Room· 2024-11-05 09:16
Dublin, Nov. 05, 2024 (GLOBE NEWSWIRE) -- The "Freight Forwarding Industry in South Africa 2024" report has been added to ResearchAndMarkets.com's offering. This report on freight forwarders, who arrange the shipment of goods from origin to destination, includes information on the state of the industry with updates on trade volumes, key trends and issues, notable players and corporate actions. There is also information on international players and trends, and influencing factors such as the logistics crisi ...
Titanium Transportation Opens its 8th US Freight Brokerage Office in Virginia
GlobeNewswire News Room· 2024-11-04 23:46
BOLTON, Ontario, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Titanium Transportation Group Inc. (“Titanium” or the “Company”) (TSX:TTNM, OTCQX:TTNMF), a leading provider of transportation and logistics services throughout North America, today announced that it continues to implement its strategic plan to increase its North American footprint by opening a new freight brokerage office in Virginia Beach, VA – the Company’s 8th such US location. Ted Daniel, Chief Executive Officer, Titanium Transportation Group noted, “E ...
Old Dominion Freight Line Faces Sluggish Industrial Demand, Analyst Downgrades Stock
Benzinga· 2024-10-18 17:12
Old Dominion Freight Line, Inc. ODFL shares are trading slightly lower on Friday. BMO Capital Markets analyst Fadi Chamoun downgraded the company to Market Perform from Outperform and lowered the price target to $210 from $214. The analyst writes that consensus/BMOe F2025 earnings expectations have decreased by 13%/15%. Demand remains muted, and the timeline for a recovery in freight markets continues to be delayed. The downgrade reflects anticipation of further negative revisions as the recovery timeline f ...
Union Pacific Banks on Dividends Amid Freight Challenges
ZACKS· 2024-10-11 14:25
Union Pacific's (UNP) operational efficiency is bolstered by its proactive initiatives to integrate technology into its operations. Shareholder-friendly initiatives bode well for the company. However, UNP is grappling with geopolitical uncertainties and high inflation. Factors Favoring UNP UNP is cultivating a tech-savvy culture by utilizing advanced technology to improve safety and efficiency. Moreover, inspections by its engineering team using autonomous equipment have allowed it to cover significant addi ...
Freight Technologies Regains Compliance with Nasdaq Listing Requirements
GlobeNewswire News Room· 2024-10-10 13:05
HOUSTON, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, "Fr8Tech" or the "Company"), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced that on October 9, 2024 it received written notice from the Listing Qualifications Staff of the Nasdaq Stock Market ("Nasdaq") stating that the Company regained compliance with the minimum bid price requirement ...
InnoTrans 2024: CRRC Showcases Next-Gen Freight Technologies
Prnewswire· 2024-09-26 17:28
Leading the Charge in Efficient, Sustainable Heavy Haulage BERLIN, Sept. 26, 2024 /PRNewswire/ -- At this year's InnoTrans, CRRC Corporation Limited ("CRRC", SHA: 601766) took center stage with its On Track for A Low Carbon Future theme, introducing a suite of heavy-haul fast and eco-friendly freight transportation solutions at its booth, located at Stand 210, Hall 4.2 of Messe Berlin in Berlin, Germany. Boosting Freight Capacity with Pioneering Heavy-Haul Technology CRRC Showcases Next-Gen Freight Technolo ...
Covenant Logistics Receives U.S. EPA 2024 SmartWay Excellence Award
GlobeNewswire News Room· 2024-09-26 04:02
CHATTANOOGA, Tenn., Sept. 26, 2024 (GLOBE NEWSWIRE) -- Covenant Logistics was honored to be awarded the SmartWay® Excellence Award from the U.S. EPA (Environmental Protection Agency) as a true industry leader in supply chain performance and energy efficiency, confirming they are within the top 1% of freight carriers based on emissions. In their most recent CSR (Corporate Social Responsibility Report), Covenant Logistics highlighted one of their more significant decarbonization investments: a partnership wit ...
Freight Technologies Announces 1-for-25 Reverse Stock Split
GlobeNewswire News Room· 2024-09-23 13:40
HOUSTON, Sept. 23, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, "Fr8Tech" or the "Company"), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, announced today that the board of directors of the Company approved a one (1) for twenty-five (25) reverse split of its issued and outstanding ordinary shares, no par value (the "Ordinary Shares"). The Company's Ordinary Share ...
Reysaş Logistics: A Way To Capitalize On Freight Hub Development In Turkey
Seeking Alpha· 2024-09-19 21:29
If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our inhouse developed data analytics platform. Reysaş Logistics ( OTC:RYSKF ) has been part of my coverage since December and the stock has performed reasonably well, gaining nearly 50% compared to a 19% appreciation for the S&P 500. Since my last report in May of this year, the Dhierin runs th ...