Core Viewpoint - XPO reported a revenue of $1.95 billion for Q1 2025, reflecting a 3.2% year-over-year decline, with an EPS of $0.73 compared to $0.81 a year ago, indicating mixed performance against analyst expectations [1] Financial Performance - Revenue of $1.95 billion was below the Zacks Consensus Estimate of $1.97 billion, resulting in a surprise of -0.76% [1] - The company achieved an EPS surprise of +12.31%, with the consensus EPS estimate being $0.65 [1] Key Metrics - Adjusted operating ratio stood at 85.9%, matching the average estimate from four analysts [4] - Average weight per shipment was 1,352 lbs, slightly below the three-analyst average estimate of 1,353.53 lbs [4] - Shipments per day totaled 48,400, compared to the average estimate of 48,464 [4] - Gross revenue per hundredweight (excluding fuel surcharges) was $24.73, close to the estimated $24.74 [4] - Gross revenue per hundredweight (including fuel surcharges) was $29.06, slightly below the average estimate of $29.18 [4] - Revenue from the European Transportation Segment was $782 million, below the $793.21 million estimate, representing a -1.9% year-over-year change [4] - Revenue from the North American Less-Than-Truckload Segment was $1.17 billion, compared to the estimated $1.18 billion, reflecting a -4% change year-over-year [4] - Adjusted EBITDA for the North American Less-Than-Truckload Segment was $250 million, slightly above the average estimate of $249.73 million [4] - Adjusted EBITDA for the Corporate segment was -$4 million, better than the average estimate of -$4.33 million [4] - Adjusted EBITDA for the European Transportation Segment was $32 million, exceeding the average estimate of $27.11 million [4] Stock Performance - XPO shares have returned -10.8% over the past month, contrasting with the Zacks S&P 500 composite's -0.2% change [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance relative to the broader market in the near term [3]

Industry Overview - The oil and energy sector is experiencing significant challenges in Q1 2025, with falling oil prices and slight increases in natural gas prices creating a complex outlook for growth [1][4] - Oil prices have sharply declined, with West Texas Intermediate crude averaging $71.84 per barrel, down from $77.56 a year ago, primarily due to weaker global economic growth and increased supply [2] - Natural gas prices have surged to an average of $4.15 per million British thermal units (MMBtu), up from $2.13 per MMBtu, driven by colder weather and rising LNG exports [3] Earnings Performance - Energy companies in the S&P 500 are projected to see a 12.9% decline in earnings year-over-year, although this is an improvement from the 22.4% decline in Q4 2024 [4][5] - Revenue for energy companies is expected to decline by 0.3%, contrasting with a 3.8% growth forecast for the broader S&P 500 [4] - Excluding the energy sector, the S&P 500's earnings would rise by 8.3%, indicating the significant drag energy is placing on overall results [5] Company-Specific Insights - TC Energy Corporation (TRP) is expected to report earnings of 72 cents per share, reflecting a 21.74% decrease from the previous year, with a low chance of an earnings beat due to an Earnings ESP of -0.35% and a Zacks Rank of 3 [8][10] - Targa Resources Corp. (TRGP) has a Zacks Consensus Estimate of $2.06 per share, indicating a 68.85% increase year-over-year, but also has a low chance of an earnings beat with an Earnings ESP of -4.12% and a Zacks Rank of 3 [10][12] - PBF Energy Inc. (PBF) is projected to report earnings of $3.24 per share, suggesting a significant 476.74% decrease from the prior year, with an Earnings ESP of 0.00% and a Zacks Rank of 3, indicating low chances for an earnings beat [12][13]

Core Viewpoint - Freight Technologies, Inc. (Fr8Tech) is strategically investing in Official Trump Tokens ($TRUMP) as part of its digital asset strategy, marking it as one of the first public companies to do so [1][2]. Group 1: Financial Strategy - Fr8Tech has entered into an agreement for the issuance of convertible notes with a facility of up to USD $20 million, specifically for purchasing Official Trump Tokens [1]. - The company plans to initially issue notes amounting to USD $1 million in the first tranche, with the potential for an additional USD $19 million in subsequent drawdowns [2]. Group 2: Market Positioning - The acquisition of FET Tokens, valued at approximately USD $8 million, is part of Fr8Tech's strategy to diversify its crypto treasury alongside the purchase of $TRUMP tokens [2]. - Fr8Tech aims to promote productive commerce between the United States and Mexico, highlighting Mexico as the top trading partner for the U.S. [2]. Group 3: Company Overview - Fr8Tech is a technology company focused on optimizing and automating supply chain processes through AI and machine learning, offering a range of proprietary platform solutions [4]. - The company's portfolio includes various services such as Fr8App for cross-border shipping, Fr8Now for less-than-truckload shipping, and Fleet Rocket for transportation management [4].

Logistics provider FedEx (FDX -0.75%) holds the second-largest market share in the category, behind UPS (UPS -0.33%), in the U.S. market.*Stock prices used were the afternoon prices of April 25, 2025. The video was published on April 27, 2025. ...

Core Viewpoint - The company reported higher earnings in Q1 2025, driven by improved gross profit, particularly in the Air & Sea division, despite facing market uncertainties related to global trade [2][4][7]. Financial Performance - Revenue for Q1 2025 was DKK 41,680 million, an increase from DKK 38,340 million in Q1 2024 [3]. - Gross profit rose to DKK 10,991 million, up 6.2% from DKK 10,265 million in the previous year [3][4]. - Operating profit (EBIT) before special items increased by 4.8% to DKK 3,860 million compared to DKK 3,641 million in Q1 2024 [3][4]. - Profit for the period improved to DKK 2,812 million from DKK 2,393 million year-on-year [3]. - Adjusted earnings for the period were DKK 2,874 million, up from DKK 2,463 million [3]. - Adjusted free cash flow surged to DKK 3,165 million from DKK 443 million in Q1 2024 [3][7]. Segment Performance - The Air & Sea division reported a gross profit increase of 9.5%, with EBIT before special items growing by 10.6% compared to the same period last year [5][7]. - Sea freight volumes grew by 3% year-on-year, aligning with estimated market growth, while air freight volumes remained stable [5]. - The Road segment experienced lower EBIT before special items due to weaker market conditions and cost inflation, although earnings improved sequentially from Q4 2024 [6][7]. - Solutions segment saw a revenue growth of 4.9% and a gross profit increase of 6.7%, but EBIT before special items decreased by 6.3% due to higher costs [9]. Strategic Developments - The completion of the Schenker acquisition marks a significant milestone in the company's growth strategy, expected to enhance its position in the transport and logistics sector [2][7]. - Full-year 2025 guidance for EBIT before special items has been upgraded to DKK 19.5-21.5 billion, reflecting the anticipated contribution from Schenker [7][14]. - Annual synergies from the Schenker integration are estimated at DKK 9.0 billion by the end of 2028, with total transaction and integration costs expected to be around DKK 11.0 billion [12][14]. Outlook - The company will include Schenker in its consolidated results starting May 1, 2025, with an update on integration expected in the H1 interim financial report [10]. - The effective tax rate is projected to remain at approximately 24% [14].

Core Viewpoint - DSV A/S has successfully completed the acquisition of DB Schenker, establishing a significant player in the global transport and logistics industry with an enterprise value of approximately DKK 106.7 billion (EUR 14.3 billion) [1][5]. Company Overview - The acquisition aligns with DSV's growth strategy, leveraging similarities in business models and services between DSV and Schenker to create operational synergies and enhance customer relationships [2][4]. - The combined entity is projected to have a pro forma revenue of approximately DKK 310 billion and a workforce of nearly 160,000 employees across more than 90 countries [3]. Financial Impact - The equity value of the transaction is approximately DKK 86.5 billion (EUR 11.6 billion), with transaction multiples of 0.75x EV/revenue and 13.0x EV/EBIT based on Schenker's 2024 financials [5]. - Annual synergies from the integration are estimated to reach DKK 9.0 billion by the end of 2028, primarily from consolidating operations and back-office functions [6]. - The transaction is expected to be EPS accretive by 2026, with ambitions to lift operating margins to DSV's levels by 2028 [7]. Capital Structure - DSV raised approximately DKK 75.0 billion (EUR 10.0 billion) through equity and bond issuances to finance the acquisition, with the remaining costs covered by cash and credit facilities [9]. - The pro forma financial gearing ratio is expected to be around 3.0x at the completion of the transaction, with a target to return to below 2.0x by H1 2027 [10][11]. Governance and Outlook - Jochen Thewes, the current CEO of Schenker, is intended to be nominated for DSV's Board of Directors [12]. - The acquisition's preliminary impact is included in DSV's upgraded outlook for 2025, with expected EBIT before special items in the range of DKK 19.5-21.5 billion [18].

Company Overview - Mullen Group Ltd. is a public company with a significant history of acquiring companies in the transportation and logistics sectors, boasting one of the largest portfolios of logistics companies in North America [5] - The company provides a wide range of services including less-than-truckload, truckload, warehousing, logistics, transload, oversized, third-party logistics, and specialized hauling transportation [5] - Mullen Group also offers specialized services related to energy, mining, forestry, and construction industries in western Canada, such as water management, fluid hauling, and environmental reclamation [5] Annual Meeting Details - Mullen Group will host its Annual Meeting on May 6, 2025, at 3:00 PM MDT, which will be conducted virtually [1] - Registered shareholders and duly appointed proxyholders can attend, participate, and vote in real time, while non-registered shareholders can attend as guests but cannot vote or ask questions [2] - Shareholders are encouraged to vote prior to the meeting using methods outlined in the Management Information Circular [3] Additional Information - Further details regarding the meeting, including the business to be covered, can be found in the Circular and other materials filed on SEDAR+ and the company's website [4] - Mullen Group is listed on the Toronto Stock Exchange under the symbol "MTL" [6]

Core Viewpoint - Landstar System, Inc. is under investigation for potential securities fraud and unlawful business practices following the disclosure of significant supply chain fraud that may impact its earnings [1][3]. Group 1: Company Disclosures - On April 2, 2025, Landstar identified a significant supply chain fraud that could adversely affect its first quarter 2025 earnings per share by $0.35 to $0.50, leading to the withdrawal of its previous earnings guidance [3]. - Following this announcement, Landstar's stock price dropped by $13.30, or 8.75%, closing at $138.63 on April 3, 2025 [3]. - On April 25, 2025, Landstar announced it would be unable to file its quarterly report on time due to ongoing evaluations of accounting and internal control matters related to the identified fraud [4]. - This news resulted in a further decline in Landstar's stock price by $4.92, or 3.52%, closing at $135.00 on April 25, 2025 [4]. Group 2: Legal Investigation - Pomerantz LLP is investigating claims on behalf of Landstar investors regarding potential securities fraud and unlawful business practices by the company and its officers or directors [1].

lucky-photographer Listen below or on the go on Apple Podcasts and Spotify Press secretary calls notion of Amazon listing tariff costs ‘hostile and political.’ AMZN denies the plan. (0:15) Trade deficit balloons in March, could lead to GDP drop. (1:46) Consumer confidence almost at recession level. (2:56) This is an abridged transcript of the podcast. Companies looking to break out the cost of tariffs for their customers could face the ire of the White House. Amazon was forced to deny something it h ...

HAZELWOOD, Mo., April 29, 2025 (GLOBE NEWSWIRE) -- ITF Group has been honored as one of the Regional Truckload Carriers of the Year in Uber Freight’s prestigious 2024 Carrier Awards, recognizing top-performing carriers across its vast logistics network. Each year, Uber Freight honors standout carriers that demonstrate exceptional service, operational excellence, and commitment to innovation in the past year. The 2024 awards program recognized leaders across a wide range of categories, including long-haul an ...