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 ...

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 ...

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 ...

Landstar System, Inc. (LSTR) is currently mired in multiple headwinds, which, we believe, have made it an unimpressive investment option. Let's delve deeper. Weak Zacks Rank and Style Score:Landstar currently carries a Zacks Rank #4 (Sell). The company's current Value Score of D shows its unattractiveness. Image Source: Zacks Investment Research Unimpressive Price Performance:Shares of LSTR have lost 6.8% so far this year compared with the industry's decline of 4.6%. Earnings Expectations: Downbeat earnings ...

HOUSTON, Sept. 05, 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 its preliminary financial results for the first half of 2024, which concluded on June 30, 2024, as well as provided an update on the advancement of its software offerings. Fr8Tech achieved a notable revenue inc ...

HOUSTON, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, "Fr8Tech" or the "Company"), a technology company offering its custom-developed Fr8App, an industry-leading freightmatching platform powered by AI and machine-learning that offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region, today announced that it has reached an agreement with Freight Opportunities LLC to extinguish $906K of outstanding promissory notes and accumulated interest an ...

Strategic acquisition broadens Freightos' digital freight-booking vision by pairing Freightos' spot offering with Shipsta's best-of-breed tender management platform. Deal accelerates revenue growth and reaching breakeven with cash on hand. BARCELONA, Spain, Aug. 19, 2024 /PRNewswire/ -- Freightos (NASDAQ: CRGO) today announced the acquisition of Shipsta, a leading freight-tender procurement platform used by dozens of Global 1000 enterprises to procure freight at scale from leading freight forwarders and car ...

HOUSTON, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (NASDAQ:FRGT) ("Fr8Tech''), a technology company whose custom-developed Fr8App, an 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, announces its integration with Tecnomotum, one of the largest data transmission companies for haulage in Mexico. Tecnomotum provides customers with technology and informat ...

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 ...

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 ...