Freight Forwarding
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Allstates WorldCargo acquires customs broker Promptus
Yahoo Finance· 2026-02-04 22:33
Allstates WorldCargo announced it has acquired fellow freight forwarder Promptus for an undisclosed sum. Miramar, FL-based Promptus is a 3PL focused on the Latin America, Asia, Europe and Caribbean trade lanes. The deal gives Allstates WorldCargo an in-house customs brokerage business, allowing it to provide customs clearance and compliance services to customers. “With our strong domestic coverage, this acquisition positions us to provide seamless solutions for global customers to access our coast-to-co ...
Truist Sees Improving Freight Trends Supporting Expeditors’ (EXPD) Outlook
Yahoo Finance· 2026-02-03 14:12
Expeditors International of Washington, Inc. (NYSE:EXPD) is included among the Dividend Growth Stocks: 25 Aristocrats. Truist Sees Improving Freight Trends Supporting Expeditors’ (EXPD) Outlook Photo by Annie Spratt on Unsplash In the near term, broker margins could feel some strain as spot rates move higher. Peak season volumes appear to be tracking normal seasonal patterns, and the sales mix may lean more toward airfreight and parcel, which could support margins in those areas. Management continues t ...
CGL Logistics(CGL) - Prospectus(update)
2026-02-02 15:20
As filed with the U.S. Securities and Exchange Commission on February 2, 2026. Registration No. 333-291040 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 2 To FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 CGL LOGISTICS HOLDINGS LIMITED (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classifi ...
Trump 2.2: Can The Market Keep Rallying In His Second Year Of Presidency?
Seeking Alpha· 2026-01-23 14:44
Group 1 - The article discusses expectations for the markets in 2026, emphasizing the importance of analyzing the previous year to make informed predictions [1] - The author highlights their extensive experience in the freight forwarding industry, which provides insights into market behavior and investment psychology [1] - The article suggests a contrarian approach to investing, focusing on thorough due diligence to uncover valuable investment opportunities [1]
Freightos: Moving To The Sidelines Given Concerns On 2026 Revenue
Seeking Alpha· 2026-01-23 10:42
Group 1 - The fundamental rule of investment compounding is to buy quality and hold, emphasizing the importance of long-term investment in great growth companies [1] - Ron Baron, CEO of Baron Capital, highlights the necessity of holding quality companies for long-term growth as a key to successful investing [1] - Ariel Sokol has over twenty years of experience in corporate finance, focusing on subscription and edtech businesses, and has held significant roles in various companies including Pearson [1]
Flexport launches tariff refund calculator as Supreme Court weighs tariff authority
Yahoo Finance· 2026-01-20 19:49
As U.S. importers wait on a Supreme Court decision that could upend the last year of work with constantly changing tariffs, a new tool from Flexport is offering businesses a way to quantify what has largely been an abstract legal debate: how much money they might actually get back. Flxport launched a Tariff Refund Calculator, a public-facing tool designed to estimate potential refunds tied to tariffs imposed under the International Emergency Economic Powers Act (IEEPA). The timing is deliberate. The Supr ...
DEADLINE NEXT WEEK: Berger Montague Advises Jayud Global Logistics (NASDAQ: JYD) Investors to Contact the Firm Before January 20, 2026
Globenewswire· 2026-01-16 13:47
Core Viewpoint - A class action lawsuit has been filed against Jayud Global Logistics Limited for allegedly engaging in a fraudulent "pump-and-dump" scheme that led to significant stock price manipulation and investor losses during the specified Class Period [1][3]. Company Overview - Jayud Global Logistics Limited, headquartered in Shenzhen, China, provides global cross-border supply chain solutions, including freight forwarding, supply chain management, customs brokerage, and logistics IT systems [2]. Stock Performance and Allegations - During the Class Period from April 21, 2023, to April 30, 2025, Jayud's stock price surged from approximately $1.00 per share to an all-time high near $8.00, despite a lack of fundamental business news [3]. - The complaint alleges that this price increase was artificially driven by insiders or affiliates coordinating share dumping through offshore or nominee accounts, culminating in a stock collapse of about 95% on April 2, 2025 [3].
Jim Cramer on Radiant Logistics: “If You’re Going to Be in That Business, You Want to Be in FedEx”
Yahoo Finance· 2026-01-14 15:57
Core Viewpoint - Radiant Logistics, Inc. (NYSE:RLGT) is recognized as an interesting logistics company, but there is a preference for FedEx as a more established player in the logistics sector [1] Company Overview - Radiant Logistics, Inc. provides technology-enabled global transport of goods through air, sea, and land across various industries [1] - The company offers services ranging from basic freight forwarding and customs clearance to complex supply chain management and distribution [1] Investment Perspective - While Radiant Logistics has potential as an investment, certain AI stocks are viewed as having greater upside potential and less downside risk [1] - There is a suggestion to explore undervalued AI stocks that may benefit from Trump-era tariffs and the trend of onshoring [1]
Ps International(PSIG) - Prospectus(update)
2026-01-07 14:12
As filed with the United States Securities and Exchange Commission on January 7, 2026. Registration No. 333-292196 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 PS International Group Ltd. (Exact name of Registrant as specified in its charter) | | | (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification ...
NASDAQ: JYD INVESTOR ALERT: Berger Montague Advises Jayud Global Logistics Limited (NASDAQ: JYD) Investors of a January 20, 2026 Deadline
Prnewswire· 2025-12-19 13:41
Core Viewpoint - A class action lawsuit has been filed against Jayud Global Logistics Limited, alleging that the company's stock experienced a significant decline following an artificial price surge, resulting in substantial losses for investors [1][3]. Group 1: Company Overview - Jayud Global Logistics Limited is headquartered in Shenzhen, China, and provides end-to-end supply chain solutions, including freight forwarding, supply chain management, customs brokerage, and intelligent logistics IT systems [2]. Group 2: Legal Action Details - The class action lawsuit is on behalf of investors who purchased Jayud securities between April 21, 2023, and April 30, 2025 [1]. - Investors have until January 20, 2026, to seek appointment as lead plaintiff representatives of the class [2]. Group 3: Allegations and Stock Performance - The complaint alleges that Jayud's stock price surged from approximately $1.00 to $8.00 per share in early 2025 due to a "pump-and-dump" scheme orchestrated by insiders or affiliates [3]. - Following this artificial surge, the stock experienced a sharp decline of about 95% on April 2, 2025, leading to significant investor losses [3].