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Americold Realty Trust, Inc. Sets Date for Second Quarter 2025 Earnings Release and Conference Call
Globenewswire· 2025-05-22 20:15
ATLANTA, GA., May 22, 2025 (GLOBE NEWSWIRE) -- Americold Realty Trust (NYSE: COLD), a global leader in temperature-controlled logistics, real estate, and value-added services focused on the ownership, operation, acquisition and development of temperature-controlled warehouses, today announced that the Company will release second quarter 2025 financial results before the market opens on Thursday, August 7, 2025. A conference call will be held on Thursday, August 7, 2025 at 8:00 a.m. Eastern Time. Webcast:A w ...
Robbins LLP is Investigating the Officers and Directors of Proficient Auto Logistics, Inc. (NASDAQ: PAL)
GlobeNewswire News Room· 2025-05-22 19:31
Core Viewpoint - Robbins LLP is investigating Proficient Auto Logistics, Inc. for potential violations of securities laws and breaches of fiduciary duties by its officers and directors [1]. Group 1: Company Overview - Proficient Auto Logistics, Inc. operates in the auto transportation and logistics services sector in North America [1]. Group 2: Legal Investigation - The investigation by Robbins LLP aims to determine if there have been any breaches of fiduciary duties to shareholders by the company's executives [1]. - Shareholders who have incurred losses in their investments are encouraged to contact Robbins LLP for more information regarding their rights [2]. Group 3: Robbins LLP Background - Robbins LLP has been active in shareholder rights litigation since 2002, focusing on helping shareholders recover losses and improve corporate governance [3]. - The firm has successfully obtained over $1 billion for shareholders since its inception [3].
ZTO Express Q1 Earnings Flat Y/Y, Revenues Miss Estimates
ZACKS· 2025-05-22 17:21
Core Insights - ZTO Express reported first-quarter 2025 earnings of 37 cents per share, matching the previous year's quarter, while total revenues of $1.50 billion fell short of the Zacks Consensus Estimate of $1.67 billion but showed year-over-year improvement [1] Financial Performance - The core express delivery business revenue increased by 9.8% year over year, driven by a 19.1% growth in parcel volume, despite a 7.8% decrease in parcel unit price [3] - Adjusted net income for the quarter was $2.3 billion, with retail volume increasing by 46% year over year [2] - Gross profit decreased by 10.4% from the year-ago quarter, with gross margin falling to 24.7% from 30.1% [4] Operational Highlights - ZTO achieved a parcel volume of 8.5 billion during the first quarter [2] - KA revenues, generated by direct sales organizations, surged by 129.3%, attributed to an increase in e-commerce return parcels [3] - Revenue from freight forwarding services declined by 11.6% year over year due to falling cross-border e-commerce pricing [3] Cash and Share Repurchase Program - As of the end of the first quarter, ZTO had cash and cash equivalents of $1.71 billion, down from $1.84 billion at the end of the previous quarter [5] - The board approved an increase in the share repurchase program to $2 billion, extending the effective period through June 30, 2025 [5][6] Guidance - ZTO reaffirms its 2025 parcel volume guidance of 40.8 billion to 42.2 billion, indicating a year-over-year growth of 20-24% [7]
京东物流-非交易路演要点:2025 年营收与利润稳步增长,聚焦供应链与国际化业务, 买入
2025-05-22 15:48
更多资料加入知识星球:水木调研纪要 关注公众号:水木Alpha We hosted JD Logistics CFO Mr. Hao Wu and the Investor Relations team in our Hong Kong office in the past week post its 1Q25 results. Key investor focuses/topics discussed include: 1) Strategic balance between top-line growth and profitability in 2025: The company note strategic priority remains improving service competitiveness instead of pursuing absolute profit, with unchanged target of double-digit revenue growth and mid-single digit profit growth for 2025. 2) Saw heighte ...
Freight Technologies Announces 1-for-4 Reverse Share Split
Globenewswire· 2025-05-22 13:00
Core Viewpoint - Freight Technologies, Inc. has announced a one-for-four reverse share split of its ordinary shares, effective May 27, 2025, aimed at consolidating its share structure and potentially enhancing its stock price [1][2]. Share Structure Changes - The reverse split will reduce the number of outstanding ordinary shares from 9,145,074 to 2,286,269, with every four pre-split shares combining into one post-split share [2][4]. - The shares will continue to trade on the Nasdaq under the symbol "FRGT" but will have a new CUSIP number: G51413147 [2][4]. Fractional Shares Handling - No fractional shares will be issued; shareholders entitled to a fractional share will receive an additional share to round up to the next whole share if the fractional share is less than one-half [3]. - Fractional shares equal to less than one-half will be canceled [3]. Company Overview - Freight Technologies, Inc. specializes in logistics management and offers a range of technology-driven solutions, including the Fr8App platform for cross-border shipping, Fr8Now for less-than-truckload shipping, and other services aimed at optimizing supply chain processes [5]. - The company utilizes AI and machine learning to enhance operational efficiency and improve the matching of carriers and shippers [5].
GXO extends longstanding partnership with bioMérieux
GlobeNewswire News Room· 2025-05-22 11:00
Core Insights - GXO Logistics, Inc. has announced a long-term contract renewal and extension with bioMérieux, marking over 20 years of partnership in logistics services [1][2] Group 1: Contract and Collaboration - The renewed contract includes the extension of services for the Instrumentation range, following a successful overhaul of the Reagents range distribution [2] - GXO has utilized its logistics expertise to optimize bioMérieux's supply chain since 2004, focusing on innovation to enhance operational efficiency [2][4] Group 2: Logistics Solutions - The collaboration has led to a redesign of warehouse layouts to accommodate new flows while maintaining service quality, integrating automation to boost productivity and manage six temperature ranges of reagents [2][3] - GXO's operation features a unified Warehouse Management System, handling inbound and outbound logistics, while bioMérieux focuses on high-value processes like short-term storage and direct customer shipments [3] Group 3: GXO's Operations in France - GXO operates over 65 warehouses in France and is ranked as the 2 logistics service provider in the country, employing nearly 10,000 team members [5] - The company manages logistics across various sectors, including ecommerce, retail, FMCG, and technology, ensuring visibility of inventory and orders while managing sensitive, high-value SKUs [4][5] Group 4: Company Overview - GXO Logistics is the world's largest pure-play contract logistics provider, benefiting from the growth of ecommerce and automation, with over 150,000 team members across more than 1,000 facilities [6] - The company partners with leading blue-chip companies to address complex logistics challenges using advanced supply chain solutions [6]
ZIM Q1 Earnings & Revenues Surpass Estimates, Rise Year Over Year
ZACKS· 2025-05-21 18:10
Core Insights - ZIM Integrated Shipping Services Ltd. reported strong first-quarter 2025 results, with earnings and revenues exceeding expectations, showcasing significant year-over-year growth [1][3] Financial Performance - Quarterly earnings reached $2.45 per share, surpassing the Zacks Consensus Estimate of $1.89 and improving over 100% year-over-year [1] - Revenues totaled $2.01 billion, exceeding the Zacks Consensus Estimate of $1.73 billion and reflecting a 28.5% increase from the previous year [1] - Adjusted EBITDA for the quarter was $779 million, up 82.4% year-over-year, with adjusted EBITDA margins rising to 39% from 27% [3] - Adjusted EBIT was $463 million, compared to $167 million in the same quarter last year, with adjusted EBIT margins increasing to 23% from 11% [4] Volume and Rates - Carried volume increased by 12% year-over-year to 944 thousand TEUs [2] - Average freight rate per TEU rose by 22% year-over-year to $1,776 [2] Liquidity and Cash Flow - ZIM ended the first quarter with cash and cash equivalents of $1.54 billion, up from $1.31 billion at the end of the previous quarter [5] - The company generated $855 million in cash from operating activities, with capital expenditures totaling $78 million, resulting in free cash flow of $787 million [5] Dividend Declaration - The board declared a regular cash dividend of approximately $89 million, or 74 cents per share, representing about 30% of the quarterly net income [6] Guidance - ZIM reaffirmed its 2025 guidance, expecting adjusted EBITDA between $1.6 billion and $2.2 billion and adjusted EBIT between $350 million and $950 million [7]
Callan JMB and Revival Health Form Joint Venture to Strengthen U.S. Supply Chain for Vital Health, Wellness and Longevity Products
Globenewswire· 2025-05-21 13:00
SPRING BRANCH, Texas, May 21, 2025 (GLOBE NEWSWIRE) -- Callan JMB INC. (NASDAQ: CJMB) ("Callan JMB" or the "Company"), an integrative logistics company empowering the healthcare industry and emergency management agencies through fulfillment, storage, monitoring, and cold chain logistics services, today announced the formation of a joint venture with Revival Health Inc. ("Revival"), a leading innovator in preventive care and home health technologies. The joint venture will deliver fully integrated supply cha ...
NCEW Investment Consultancy Company Limited reaches strategic cooperation with JDL UK to jointly create a new benchmark of the global integrated logistics services
Globenewswire· 2025-05-21 11:00
Hong Kong, China, May 21, 2025 (GLOBE NEWSWIRE) -- On May 1, 2025, NCEW Investment Consultancy Company Limited (hereinafter referred to as "NCEW Investment") and JD Logistics UK (hereinafter referred to as "JDL UK") officially signed the Comprehensive Logistics Service Agreement. The two parties will carry out in-depth cooperation around cross-border logistics services, and jointly promote the efficient coordination and innovative development of global supply chain. "We are honored to be a long-term partner ...
Uber Freight Launches Industry-First AI Logistics Network at Scale, Ushering in a New Era of Intelligent Supply Chains
GlobeNewswire News Room· 2025-05-21 11:00
CHICAGO, May 21, 2025 (GLOBE NEWSWIRE) -- Uber Freight today announced the launch of the industry's first scaled AI logistics network, powered by its proprietary logistics-specific large language model (LLM) and embedded directly into its transportation management system (TMS) and logistics platform. With this launch, Uber Freight is reimagining how shippers of all sizes manage transportation—placing AI at the center to drive better decisions, faster execution, and stronger performance. "This is the inflect ...