Core Viewpoint - GXO Logistics, Inc. is a leading logistics company with a strong position in supply chain management and contract logistics, known for its innovative solutions and efficient operations [1] Company Performance - Over the past 30 days, GXO's stock has gained approximately 0.97%, indicating positive momentum, although it experienced a 1.86% decline in the last 10 days, which may present a buying opportunity for investors [2][5] - The company has a projected stock price increase of 17.86%, suggesting significant growth potential and making it appealing for growth-focused investors [3][5] Analyst Insights - Analysts have set a target price of $66.40 for GXO, reflecting confidence in its future performance and indicating that the stock is currently undervalued [4][5] - The recent touch of a local minimum in the stock's price could signal a potential rebound, offering an entry point for investors [4]

OKOTOKS, Alberta, Jan. 19, 2026 (GLOBE NEWSWIRE) -- (TSX: MTL) Mullen Group Ltd. ("Mullen Group", "We", "Our" and/or the "Corporation") announced today its plan for 2026 has been approved by the Board of Directors. 2026 OVERVIEW Each year the Senior Executive conducts a rigorous analysis of the supply and demand fundamentals impacting the four segments of the economy the Mullen Group invests in, along with a detailed review of the independently managed Business Units owned by the Corporation. Based upon thi ...

Core Viewpoint - Mullen Group Ltd. anticipates 2026 will be a record year, driven by improved economic conditions and strategic investments in technology and acquisitions [2][5]. 2025 Update - 2025 was challenging due to trade disputes and tariff issues, leading to a stagnant Canadian economy with no growth [3]. - Mullen Group's preliminary consolidated revenues for 2025 are expected to be around $2.1 billion, with an adjusted operating income (OIBDA) of approximately $323 million, lower than planned due to various market pressures [3]. 2026 Business Plan - The company aims to achieve consolidated revenues between $2.3 billion and $2.4 billion and generate an adjusted OIBDA of $365 million, representing 15.7% of consolidated revenues [6][7]. - The trucking industry is expected to experience a tightening cycle, improving freight demand and pricing due to changes in supply and demand fundamentals [5][22]. - Mullen Group is well-positioned to benefit from government infrastructure projects once they transition from planning to execution [5][22]. Segment Highlights - The 42 business units within Mullen Group's portfolio are expected to outperform last year's results, particularly after accounting for acquisitions made in 2025 [5]. - Specific revenue and adjusted OIBDA targets for various segments include: - Less-Than-Truckload: $800 million revenue, $140 million OIBDA - Logistics & Warehousing: $840 million revenue, $145 million OIBDA - Specialized & Industrial: $450 million revenue, $85 million OIBDA - U.S. & International Logistics: $230 million revenue, $15 million OIBDA [7]. Financial Priorities - The company plans to prioritize margin over market share, focusing on generating cash in excess of operating needs [8][10]. - Expected cash commitments for 2026 include approximately $50 million for interest payments, $50 million for cash taxes, $55 million for lease payments, $85 million for capital expenditures, and $80 million for dividends [10][22]. Investment Strategy - Mullen Group intends to invest $85 million in new operating assets and pursue strategic acquisitions to enhance profitability and expand its network [11][12]. - The focus will be on integrating robotics and improving data management tools to drive productivity [12].

Core Viewpoint - Mullen Group Ltd. is set to release its 2025 Year-End and Fourth Quarter earnings results on February 12, 2026, at 6:00 a.m. ET, followed by a conference call at 10:00 a.m. ET [1] Group 1: Company Overview - Mullen Group is a public company with a significant history of acquiring firms in the transportation and logistics sectors [2] - The company boasts one of the largest portfolios of logistics companies in North America, offering a variety of services including less-than-truckload, customs brokerage, truckload, warehousing, logistics, transload, oversized, third-party logistics, and specialized hauling transportation [2] - Mullen Group also provides specialized services related to energy, mining, forestry, and construction industries in western Canada, such as water management, fluid hauling, and environmental reclamation [2] Group 2: Stock Information - Mullen Group is listed on the Toronto Stock Exchange under the symbol "MTL" [3] - Additional information can be accessed on the company's website or its issuer profile on SEDAR+ [3] Group 3: Contact Information - Key executives include Mr. Murray K. Mullen (Chair, Senior Executive Officer and President), Mr. Richard J. Maloney (Senior Operating Officer), Mr. Carson P. Urlacher (Senior Financial Officer), and Ms. Joanna K. Scott (Senior Corporate Officer) [4] - The corporate office is located at 121A – 31 Southridge Drive, Okotoks, Alberta, Canada T1S 2N3, with a contact telephone number of 403-995-5200 [4]

In a move that signals a growing emphasis on its logistics business, A.P. Moller-Maersk on Tuesday confirmed the appointment of Ditlev Blicher as the new regional president for North America as of Jan. 1. Blicher had worked as Maersk’s regional president for Asia Pacific since 2023. Ditlev Blicher (Photo: Maersk) The appointment was part of a reorganizing of leadership announced earlier this month by Maersk (MAERSK-.CO), when it tabbed longtime Kuehne & Nagel executive Robert Erni as chief financial off ...

Core Insights - Neace Ventures' acquisition of J&J Transportation Consultants and Thoroughbred Transportation signifies a larger trend in the logistics industry towards growth through acquisition rather than organic expansion [1][2] - The deal has resulted in a significant increase in Talon Logistics' capacity and service offerings, enhancing its competitive position in key markets [3][4] Company Strategy - The acquisitions are aligned with Talon Logistics' strategy to provide comprehensive logistics solutions, integrating new capabilities such as cross-docking, warehousing, and multi-stop delivery [3][4] - Neace Ventures aims to absorb established players to expand its network and service offerings, reflecting a shift in the logistics market towards more integrated solutions [4][5] Market Context - The logistics industry is experiencing a demand for more reliable, end-to-end solutions, driven by shippers seeking integrated services [4] - The potential for growth in the logistics sector is underscored by the significant wealth controlled by Baby Boomers, with private businesses representing a substantial portion of this wealth [4]

Core Viewpoint - Mullen Group Ltd. has successfully completed the redemption of its 5.75% convertible unsecured subordinated debentures, which were due on November 30, 2026, on December 1, 2025, marking a significant financial maneuver for the company [1][3]. Redemption Details - On October 21, 2025, Mullen Group issued a notice to redeem the outstanding debentures at their principal amount plus accrued interest, with a conversion option available until November 21, 2025 [2]. - A total of $117,899,000 of the debentures were converted into common shares prior to the redemption [2]. - On the redemption date, holders who did not convert received $1,000 per debenture, which included their principal and accrued interest, with Mullen Group redeeming a total of $7,101,000 in principal amount [3]. Company Overview - Mullen Group is a public company with a strong history in acquiring transportation and logistics companies, boasting one of the largest logistics portfolios in North America [4]. - The company offers a diverse range of services including less-than-truckload, customs brokerage, truckload, warehousing, logistics, and specialized hauling, particularly in sectors like energy, mining, forestry, and construction [4].

Core Insights - ArcBest's asset-light segment reported mixed Q3 results, with productivity improvements countered by a weakening freight market [1] Group 1: Performance Metrics - The asset-light segment achieved record shipments per day, with shipments per person per day increasing by 33% year over year, the highest in its history [2] - Selling, general, and administrative expenses decreased by 13%, while cost per shipment improved by 1% year over year [2] - Despite efficiency gains, revenue per shipment fell nearly 11% due to sluggish housing market and manufacturing softness, leading to an 8% year-over-year revenue decline to $356 million [3] Group 2: Future Outlook - ArcBest anticipates an operating loss of $1 million to $3 million in Q4 for its asset-light business due to ongoing weak market conditions [3] - The company noted a softness in October, aligning with trends reported by peers, and indicated that the decline from Q3 to Q4 has been below normal expectations [4] - Investments in automation and digital tools are expected to help the company manage more shipments with fewer resources, aiming to preserve margins and scale rapidly once demand rebounds [4][5] Group 3: Overall Financial Performance - Overall Q3 revenue for ArcBest slipped by 1.4% year over year, while the asset-based business, primarily ABF Freight System, reported revenue growth exceeding 2% [5]

Core Insights - DP World, controlled by the Dubai government, reported a significant revenue increase of 20% year-on-year in the Americas, contributing to a global revenue of $11.24 billion in the first half of 2025 [1] - The company is expanding its logistics operations in North America, particularly in Canada, with a new container terminal at the Port of Montreal that will enhance capacity by 1.15 million TEUs annually [2] - DP World is focusing on building resilience in supply chains through collaboration with customers and leveraging technology, including AI, to adapt to changing market conditions [5][6] Financial Performance - The Americas region's contribution to DP World's global revenue reached $11.24 billion in H1 2025, marking a 20% increase compared to the previous year [1] Expansion and Operations - DP World operates multiple terminals in Canada, including Vanterm and Centerm at the Port of Vancouver, and is the sole operator at the Port of Prince Rupert, enhancing its North American logistics network [3] - The company has established a logistics presence in the U.S. with services such as forwarding, contract logistics, and warehousing across four locations [7] Supply Chain Resilience - DP World is actively collaborating with customers to provide tailored solutions amid supply chain disruptions caused by various global events [5][6] - The company is adapting its logistics strategies to meet the demands of high-tech, retail, and automotive sectors, focusing on quick market access and delivery speed [17][21] Technological Integration - DP World is investing in technology and automation to improve logistics efficiency and predictability, aiming to enhance customer service and reduce delivery times [13][15] - The company is exploring AI applications to manage supply chain fluctuations and optimize pricing strategies [13][14] Strategic Partnerships - DP World is open to partnerships with other logistics providers to enhance service offerings and meet diverse customer needs [18][19] - The company has made several acquisitions to strengthen its logistics capabilities, including the purchase of Syncreon and Unique Logistics [19][20] Infrastructure Development - DP World has developed 'pop-up warehouses' in strategic locations to quickly respond to demand surges, demonstrating its commitment to flexible logistics solutions [22][23]

Q3 2025 Financial Highlights - XPO's adjusted EBITDA reached $342 million, a 6% increase year-over-year[8] - Adjusted diluted EPS was $1.07, up 11% year-over-year[8] - North American LTL adjusted operating income increased to $217 million, a 10% increase year-over-year[8] - North American LTL adjusted EBITDA was $308 million, up 9% year-over-year[8] North American LTL Performance & Strategy - North American LTL revenue totaled $1.26 billion[10] - North American LTL adjusted operating ratio improved to 82.7%, a 150 bps improvement year-over-year[8, 10] - The company aims for a revenue CAGR of 6% to 8% and an adjusted EBITDA CAGR of 11% to 13% for LTL from 2021-2027[13] - The company expects at least 600 bps improvement in adjusted operating ratio for LTL from 2021-2027[13] - Linehaul miles outsourced to third-party carriers decreased by 770 bps year-over-year[8, 46] - LTL yield, excluding fuel, increased by 5.9% year-over-year[8, 42] 2025 Outlook - The company anticipates total gross capex between $600 million and $700 million for the full year 2025[53]