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Court Rejects Teamsters’ Bid to Block UPS Driver Buyout Program
Yahoo Finance· 2026-02-24 22:59
A federal judge has given UPS the go-ahead to roll out its second driver buyout program in two years upon dismissing a request from the Teamsters to block its implementation. Chief district judge Denise James said in a 12-page order that the labor dispute favors arbitration rather than an injunction of the voluntary separation program, and did not meet the legal standard required for the court to stop the plan from being implemented. More from Sourcing Journal “The union has failed to demonstrate that t ...
Par Pacific Reports Fourth Quarter and 2025 Results
Globenewswire· 2026-02-24 21:15
HOUSTON, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today reported its financial results for the fourth quarter and twelve months ended December 31, 2025. Net income attributable to Par Pacific stockholders of $77.7 million, or $1.53 per diluted share, for the fourth quarter and $369.4 million, or $7.16 per diluted share, for the full yearAdjusted Net Income attributable to Par Pacific stockholders of $59.5 million, or $1.17 per diluted share, ...
EXPD Tops Q4 Earnings & Revenue Estimates, Announces Buyback Program
ZACKS· 2026-02-24 18:15
Key Takeaways EXPD Q4 EPS of $1.49 and revenues of $2.86 B beat estimates despite lower ocean volumes.Airfreight tonnage rose 6%, lifting segment revenues 4.3%, while ocean revenues fell 32.7%.EXPD approved a new $3B buyback after returning $875M to shareholders in 2025. Expeditors International of Washington’s (EXPD) fourth-quarter 2025 earnings of $1.49 per share beat the Zacks Consensus Estimate of $1.46. The bottom line decreased 11.3% year over year. Total revenues of $2.86 billion beat the Zacks Cons ...
Forward Air Named 2026 Surface Carrier of the Year by the Airforwarders Association
Businesswire· 2026-02-24 18:00
"We are honored and excited to be recognized as the 2026 Surface Carrier of the Year,†said Shawn Stewart, President and Chief Executive Officer of Forward Air. "This award reinforces the strength and reliability of our ground network, the performance and execution of our incredible team, and the exceptional service we deliver for our customers and forwarder partners every day.†DALLAS--(BUSINESS WIRE)--Forward Air Corporation (NASDAQ: FWRD) ("Forward Air†or the "Company†) today announced that the Company ...
Cognizant Technology Solutions (CTSH) Expands its Partnership With Wallenius Wilhelmsen
Yahoo Finance· 2026-02-24 17:41
Cognizant Technology Solutions Corporation (NASDAQ:CTSH) is one of the Cheap NASDAQ Stocks To Buy in 2026. On February 17, Cognizant Technology Solutions Corporation (NASDAQ:CTSH) announced expanding its partnership with Wallenius Wilhelmsen, which is a leading international logistics company. Under the expanded partnership, Cognizant will provide broader technology services to Wallenius, including support for core business applications and IT infrastructure. This will enable Wallenius to evolve as an in ...
Stocks Waver at the Open Following Another AI-Fueled Selloff
Barrons· 2026-02-24 14:40
Stocks Waver at the Open Following Another AI-Fueled SelloffCONCLUDED[Stock Market News From Feb. 24, 2026: Dow Rises After Brutal Tech Selloff]Last Updated:---Updated 10 hours ago# Stocks Waver at the Open Following Another AI-Fueled SelloffBy[Connor Smith]Stocks were mixed on Tuesday as Wall Street sorted through the prior session's selloff on artificial intelligence fears.The Dow Jones Industrial Average rose 200 points, or 0.4%. The S&P 500 was down 0.1%. The Nasdaq Composite was down 0.1%.Wall Street's ...
Freight Technologies Reports Robust Productivity Gains: AI-Native Solutions Enable 15x Domestic and 5x Cross-Border Efficiency Gains
Globenewswire· 2026-02-24 14:21
HOUSTON, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a technology-centric logistics company offering a diversified portfolio of AI software solutions designed to address key inefficiencies in the supply chain, today announced strong productivity gains across key operating metrics for customers and its internal operations. The Company's intelligence-led and automation-driven solutions are improving the pace, accuracy, and scale of customers’ freigh ...
珠海市长吴泽桐:新增1个千亿级产业集群,村集体收入年均增长14%
Nan Fang Nong Cun Bao· 2026-02-24 10:36
珠海市长吴泽 桐:新增1个千 亿级产业集群, 村集体收入年均 增长14%_南方 +_南方plus "我们新增了一 个千亿级的产业 集群,近三年全 市农村集体经济 总收入年均增长 14%。"2月24 日,在全省高质 量发展大会"百 千万工程"县域 产业融合与高质 量发展分会场 上,珠海市委副 书记、市长吴泽 桐围绕"协同推 进制造业和服务 业深度融合, 以'头号工程'激 活县域产业发展 新动能"作专题 发言,系统介绍 了推动两业协同 发展的最新进展 和阶段性成效。 他指出,近年 来,珠海加快推 进新型工业化和 现代服务业提质 升级,着力构建 制造业与服务业 相互支撑、深度 融合的产业体 系。2025年,全 市"4+3"制造业 支柱产业增加值 增长6.1%,新一 代信息技术产业 规模突破千亿 元,规上营利性 服务业营收增长 13.4%,互联 网、软件和信息 服务业保持较快 增长势头,制造 业"硬实力"与服 务业"软支撑"相 互促进、同向发 力。 打造湾区物流大 通道 珠海口岸进出货 值超3200亿元 吴泽桐介绍,珠 海加快建设港珠 澳大桥经贸通 道,发挥"一桥 连三地"优势, 联动横琴粤澳深 度合作区,完善 物流 ...
FedEx sues US for refunds on Trump tariffs
Yahoo Finance· 2026-02-24 09:57
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. Dive Brief: FedEx is seeking a full refund from the U.S. on all paid duties that were installed under the International Emergency Economic Powers Act, per a lawsuit filed by the carrier in the Court of International Trade on Monday. A Supreme Court ruling Friday marked the end of tariffs enacted by President Donald Trump through IEEPA. In its lawsuit, F ...
Mexico violence after cartel boss killing slows cross-border trade, hitting air freight, trucking, ports
CNBC· 2026-02-23 19:50
Smoke billows from burning vehicles amid a wave of violence, with torched vehicles and gunmen blocking highways in more than half a dozen states, following a military operation in which a government source said Mexican drug lord Nemesio Oseguera, known as "El Mencho," was killed, in Puerto Vallarta, Jalisco, Mexico, February 22, 2026, in this screen grab obtained from a social media video.Trade between the United States and Mexico could be hurt dramatically if the flare-ups of violence across Mexico continu ...