Fr8Tech(FRGT)
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C.H. Robinson Stock Soars as Cost Controls Lift Freight Transporter's Earnings
Investopedia· 2024-08-01 23:02
Key Takeaways C.H. Robinson Worldwide shares soared after the freight transportation firm topped estimates with its second-quarter profits. The logistics firm has implemented a new operating model to reduce costs as it navigates the macroeconomic challenges facing the shipping industry. Analysts reacted favorably to the financial results, with BMO Capital Markets boosting its price target on C.H. Robinson stock. C.H. Robinson Worldwide (CHRW) shares delivered major gains after the freight transportation and ...
Marten Transport: On A Road To Recovery Navigating A Freight Recession
Seeking Alpha· 2024-07-15 17:30
It's been a difficult time to be a logistics and transport company. During the last few years, the sector has undergone a tumultuous period navigating supply chains, inflation, and now a freight recession as an imbalance of supply and demand for trucking leaves the market dry. However, for those that look under the hood of the companies in the sector, as well as which ones are poised to benefit from a rebound, I believe that Marten Transport, Ltd. (NASDAQ:MRTN) should be a strong candidate to come out ahead ...
Freight Technologies Launches Waavely, a Revolutionary Digital Ocean Freight Platform
Newsfilter· 2024-07-08 13:05
HOUSTON, July 08, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) ("Fr8Tech" or "Freight Technologies"),a technology-driven logistics company offering Fr8App, its proprietary and industry-leading freight-matching platform powered by AI and machine-learning that provides a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, announced today the official launch of Waavely, a state-of-the-art platform designed to revolutionize ocean freight booking an ...
Freight Technologies Launches Waavely, a Revolutionary Digital Ocean Freight Platform
GlobeNewswire News Room· 2024-07-08 13:05
HOUSTON, July 08, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) ("Fr8Tech" or "Freight Technologies"),a technology-driven logistics company offering Fr8App, its proprietary and industry-leading freight-matching platform powered by AI and machine-learning that provides a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, announced today the official launch of Waavely, a state-of-the-art platform designed to revolutionize ocean freight booking an ...
Old Dominion Freight Line: One Of My Favorite Dividend Growth Stocks Could Take Off
Seeking Alpha· 2024-07-02 18:00
Old Dominion freight line truck with doubles tandem trailer hauling shipment on interstate highway in Georgia VAL 178.70 Old Dominion Freight Line Inc (ODFL) Price 120.00 60.00 0.00 2016 2018 2020 2022 2024 Seeking AlphaQ Jul 2, 2024, 9:17 AM EDT Powered by YC HARTS Data by YCharts Introduction In this article, I'll revisit my thesis, assess the risk/reward, and explain why ODFL remains one of my favorite holdings. So, as we have a lot to discuss, let's get to it! Most readers may know that I don't really l ...
Freight Technologies, Inc. Expands Business Relationship with Amazon Mexico
Newsfilter· 2024-06-20 13:00
As a result of the expansion, Fr8App now provides dual logistic services for Amazon Mexico. As announced in December 2023, Fr8App was selected for the second consecutive year to help manage the logistics needs of Amazon's high-demand season within Mexico. Fr8App's role has now been expanded to include U.S.-Mexico, cross-border shipping. This development emphasizes Fr8App's expanding impact in the logistics sector and illustrates the critical need for smooth cross-border operations within the USMCA region. B ...
Freight Technologies Inc. Participates in Chardan's Transport Platform Tech Series
GlobeNewswire News Room· 2024-06-14 13:00
HOUSTON, June 14, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT) ("Fr8Tech'' or "Freight Technologies"), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine-learning and offers a real-time portal for B2B crossborder shipping and domestic shipping within the USMCA region, recently participated in Chardan's Transport Platform Tech Series. This virtual conference featured key industry players and highlighted Freight Tec ...
Freight Technologies Inc. Participates in Chardan's Transport Platform Tech Series
Newsfilter· 2024-06-14 13:00
Fr8Tech Contact: investors@fr8technologies.com Forward-Looking Statements This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Freight Technologies' and Fr8App's actual results may differ from their expectations, estimates and projections and, consequently, readers should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," ...
Golden Triangle Ventures Announces Launch of Its Freight Brokerage Division with Full Financial Support
GlobeNewswire News Room· 2024-06-14 12:30
For more information, visit us at: www.GoldenTriangleInc.com About Lavish Entertainment, Inc. Lavish Entertainment is currently developing a flagship entertainment complex called Destino Ranch, which intends to become an ideal outdoor music and festival venue, immersive art installation, tourist attraction and world-renowned destination center. The Company recently secured a purchase agreement to acquire nearly 70 acres of prime and improved land for its Destino Ranch project, which is strategically located ...
3 Air-Freight & Cargo Stocks to Watch in a Promising Industry
ZACKS· 2024-06-12 13:25
The Zacks Transportation - Air Freight and Cargo industry faces challenges, ranging from inflation-induced elevated interest rates to concerns pertaining to supply-chain disruptions and the slowdown of economic growth. About the Industry 4 Key Trends to Watch in the Transportation-Air Freight & Cargo Industry Focus on Cost-Cuts to Drive Bottom line: Despite signs of cooling inflation, the measure is still well above the Fed's 2% target.We note that the industry has been experiencing significant levels of in ...