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ArcBest(ARCB) - 2025 Q1 - Earnings Call Transcript
2025-04-29 14:32
ArcBest (ARCB) Q1 2025 Earnings Call April 29, 2025 09:30 AM ET Company Participants Amy Mendenhall - Vice President of Treasury & Investor RelationsJudy McReynolds - Chairman & CEOSeth Runser - PresidentMatt Beasley - Chief Financial OfficerDaniel Imbro - Managing DirectorEddie Sorg - CCOBen Mohr - Transports Equity ResearchMatt Godfrey - President of ABF Freight Systems, IncElliot Alper - Vice PresidentKen Hoexter - Managing DirectorStephanie Moore - SVP - Equity Research Conference Call Participants Scot ...
ArcBest(ARCB) - 2025 Q1 - Earnings Call Presentation
2025-04-29 14:13
Earnings Presentation 1Q'25 Forward Looking Statements The following is a "safe harbor" statement under the Private Securities Litigation Reform Act of 1995: Certain statements and information in this presentation may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, among others, statements regarding (i) our expectations about our intrinsic value or our prospects for growth and value creation and (ii) our financial outlook, positi ...
Solaris Energy Infrastructure, Inc.(SEI) - 2025 Q1 - Earnings Call Transcript
2025-04-29 14:00
Solaris Energy Infrastructure (SEI) Q1 2025 Earnings Call April 29, 2025 09:00 AM ET Company Participants Yvonne Fletcher - SVP - Finance & IRWilliam Zartler - Founder, Chairman & CEOKyle Ramachandran - CFO & PresidentStephen Gengaro - Managing DirectorDerrick Whitfield - Managing DirectorThomas Meric - Director - Energy TransitionJeff LeBlanc - Director - Equity ResearchSean Mitchell - Managing Partner Conference Call Participants Derek Podhaizer - Senior Research AnalystDon Crist - Research AnalystBobby B ...
Lost Money on TFI International Inc.(TFII)? Join Class Action Suit Seeking Recovery - Contact Levi & Korsinsky
Prnewswire· 2025-04-29 09:45
NEW YORK, April 29, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in TFI International Inc. ("TFI International Inc." or the "Company") (NYSE: TFII) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of TFI International Inc. investors who were adversely affected by alleged securities fraud between April 26, 2024 and February 19, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra ...
Growing Services: Kalmar invests in North American Genuine Parts warehouse 
Globenewswire· 2025-04-29 06:30
Core Insights - Kalmar is relocating its Genuine Parts warehouse from Ottawa, Kansas to Greenwood, Indiana to enhance delivery times and customer support, aligning with its strategy of growing services [1][3] - The new distribution center in Greenwood will feature a 112,000 sq ft facility, allowing for improved flexibility and scalability in operations [1] - The transition is set to begin in May 2025 and conclude by the end of July 2025, with Neovia Logistics as the partner for this operation [2] Company Overview - Kalmar, headquartered in Helsinki, Finland, operates in over 120 countries and employs approximately 5,200 people, with sales totaling around EUR 1.7 billion in 2024 [4] - Neovia Logistics, a Texas-based contract logistics company, has a global presence in 19 countries and has been operating the Kalmar Distribution Center in Europe since 2003 [2][4] Strategic Partnerships - The partnership with Neovia Logistics aims to enhance Kalmar's capacity to process and ship orders efficiently within North America, leveraging Neovia's expertise in warehouse operations [2][3] - Kalmar's investment in this new facility is a cornerstone of its Growing Services strategy, emphasizing long-term capabilities to serve customers in North America [3]
Growing Services: Kalmar invests in North American Genuine Parts warehouse
GlobeNewswire News Room· 2025-04-29 06:30
Core Insights - Kalmar Corporation is relocating its Genuine Parts warehouse from Ottawa, Kansas to Greenwood, Indiana to enhance service delivery and support [1][2] - The new distribution center in Greenwood will feature a 112,000 sq ft facility, allowing for improved flexibility and scalability in operations [1] - The transition is set to begin in May 2025 and conclude by the end of July 2025, with Neovia Logistics as the logistics partner [2] Company Strategy - The move aligns with Kalmar's strategy of growing services, particularly in the Genuine Parts and Service sectors [1][3] - Kalmar aims to invest in long-term capabilities to better serve North American customers [3] Partnership Details - Neovia Logistics, a Texas-based contract logistics company with a global presence, will manage the new distribution center [2][5] - Neovia has a history of operating Kalmar's Distribution Center in Europe since 2003, showcasing a strong partnership [2][5] Company Overview - Kalmar is headquartered in Helsinki, Finland, and operates in over 120 countries with approximately 5,200 employees [4] - In 2024, Kalmar reported sales of approximately EUR 1.7 billion, indicating a significant market presence [4]
Report: UPS Considering Partnership With Robotics Startup Figure AI
PYMNTS.com· 2025-04-28 23:39
Group 1 - UPS and Figure AI are in discussions for a potential partnership where humanoid robots would assist in logistics operations [1][2] - The specific functions of the robots in this partnership are not yet defined, but Figure AI has demonstrated robots sorting parcels [2] - Figure AI raised $675 million in a Series B funding round and has partnered with OpenAI and Microsoft for AI development and infrastructure [3][4] Group 2 - Figure AI's CEO expressed a vision to integrate humanoid robots into commercial operations to create a transformative impact [4] - The investment in robotics is driven by advancements in AI, enhancing robots' ability to understand their environments [5] - Other companies in the humanoid robotics space, such as The Bot Company and 1X, are also raising significant funds to advance their technologies [6]
Matson Announces Leadership Succession Plan for Logistics Unit
Prnewswire· 2025-04-28 20:00
HONOLULU, April 28, 2025 /PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX) announced today that Rusty Rolfe, Executive Vice President of Matson and President of Matson Logistics, will retire on July 1, 2025, having led the growth of Matson Logistics from its beginnings as an intermodal marketing company to an award-winning provider of diverse and integrated logistics services over the past 24 years."Rusty's influence at Matson over the past two decades will leave an indelible mark on our ...
Landstar System, Inc. ALERT: Securities Fraud Investigation by Block & Leviton Could Allow Investors to Recover Losses
GlobeNewswire News Room· 2025-04-28 19:30
Group 1 - Block & Leviton is investigating Landstar System, Inc. for potential securities law violations following a significant drop in share price [1][2] - Shares of Landstar System, Inc. fell over 3% on April 25 after the company announced a delay in filing its 10-Q and postponement of its earnings release to May 13 due to ongoing evaluation of internal accounting controls and financial reporting related to previous supply chain fraud issues [2] - Investors who have lost money in their Landstar System, Inc. investment are encouraged to contact Block & Leviton for potential recovery options [3][5] Group 2 - Block & Leviton is considering filing an action to recover losses on behalf of investors who have been affected by the company's issues [4] - The firm is recognized as a leading securities class action firm, having recovered billions of dollars for defrauded investors [7] - Whistleblowers with non-public information about Landstar System, Inc. may assist in the investigation and could receive rewards of up to 30% of any successful recovery [6]
Matson (MATX) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-04-28 17:00
Matson (MATX) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a changing earnings picture is ...