Expeditors Announces New Share Repurchase ProgramFeb 24, 2026 8:15 AM Eastern Standard Time# Expeditors Announces New Share Repurchase ProgramShare---BELLEVUE, Wash.--([BUSINESS WIRE])-- Expeditors International of Washington, Inc. (NYSE: EXPD) today announced that on February 23, 2026, its Board of Directors authorized a new share repurchase program that permits the repurchase of up to $3 billion of the Company's common stock. The repurchase authorization will be effective upon expiration of the current au ...

In response to a question about whether industry capacity is tightening, Mullen cautioned that January is “really difficult” to use as a read-through because of post-holiday spending patterns and weather disruptions in Eastern Canada. He said the company had not yet seen evidence in Canada that capacity had tightened “in a meaningful way,” and suggested March would be a more telling period for gauging demand recovery.Looking ahead, Mullen tied the prospect of “record earnings” to an eventual rebound in the ...

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, offers 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 to nearly $8.00 per share without any fundamental business news, indicating potential manipulation [3]. - The lawsuit claims that this price increase was artificially driven by insiders or affiliates through a coordinated share dumping strategy, resulting in a subsequent collapse of the stock price by about 95% on April 2, 2025, leading to substantial losses for investors [3]. Legal Action and Investor Information - Investors who purchased Jayud securities during the Class Period have until January 20, 2026, to seek appointment as lead plaintiff representatives in the class action [2].

Core Points - Mullen Group Ltd. has completed the redemption of its 5.75% convertible unsecured subordinated debentures due November 30, 2026 on December 1, 2025 [1] - A total of $117,899,000 of the debentures were converted into common shares prior to the redemption date [2] - The company redeemed debentures in the principal amount of $7,101,000, and these debentures have been delisted from the Toronto Stock Exchange [3] Company Overview - Mullen Group is a public company with a significant presence in the transportation and logistics industries, boasting one of the largest portfolios of logistics companies in North America [4] - The company offers a wide range of services including less-than-truckload, customs brokerage, truckload, warehousing, logistics, transload, oversized, third-party logistics, and specialized hauling transportation [4] - Mullen Group also provides specialized services related to energy, mining, forestry, and construction industries in western Canada, including water management, fluid hauling, and environmental reclamation [4]

Core Insights - Lineage Inc. is expanding its U.S. operations with the construction of an automated cold-storage facility in Hutchins, Texas, expected to open in late 2027, amid a challenging financial environment due to tariff pressures [1][2][5] Group 1: Expansion Plans - The new facility in Hutchins is the first of two next-generation automated warehouses designed for a long-time customer, enhancing Lineage's capabilities in a key market [2] - The location near Union Pacific's Dallas Intermodal Terminal allows Lineage to serve both domestic and cross-border markets effectively [3] - This expansion follows a recent increase in capacity at Lineage's Hobart, Indiana facility, which is now the largest in North America, adding 188,000 square feet and 58,000 pallet positions [4] Group 2: Financial Performance - Lineage reported a third-quarter net loss of $112 million, despite a 3% year-over-year increase in consolidated revenue to $1.38 billion [6] - Physical occupancy rates were at 75.2%, slightly below the previous year but showing sequential improvement [6] - The company has adjusted its full-year 2025 guidance downward due to ongoing tariff uncertainties and high food prices affecting inventory levels [5] Group 3: Market Dynamics - Despite challenges from tariffs and inflation, consumer demand for products within Lineage's network continues to grow [7]

Core Viewpoint - Mullen Group Ltd. plans to fully redeem its outstanding 5.75% convertible unsecured subordinated debentures worth $125 million on December 1, 2025, in accordance with the indenture provisions [1][2]. Group 1: Redemption Details - The redemption price for the debentures will be 100% of the principal amount of $125 million, plus accrued and unpaid interest up to the redemption date [2]. - Mullen Group will satisfy its obligation to pay the redemption price in cash, and interest on the debentures will cease after the redemption date [2]. Group 2: Conversion Information - Debentureholders can convert their debentures into common shares until 5:00 PM MST on November 21, 2025 [3]. - In the five business days leading up to the redemption date, the trustee will not transfer or exchange any debentures, and holders wishing to convert should check with their financial institutions for specific instructions [3]. Group 3: Company Overview - Mullen Group is a public company with a significant portfolio in the transportation and logistics sectors, offering a variety of services including less-than-truckload, customs brokerage, and specialized hauling [5]. - The company provides services related to energy, mining, forestry, and construction industries in western Canada, including water management and environmental reclamation [5].

Core Viewpoint - United Parcel Service, Inc. (UPS) is currently viewed unfavorably by analysts due to concerns over its high dividend yield of 7.76%, which may indicate potential financial instability in the event of an economic slowdown [1] Company Overview - UPS provides a range of services including package and freight delivery through express, ground, and international shipping, as well as logistics, customs brokerage, distribution, and specialized healthcare supply chain solutions [1] Dividend Concerns - The high dividend yield of 7.76% is seen as a red flag, raising concerns that a significant economic slowdown could lead to a dividend cut [1] Competitive Landscape - UPS operates in a duopoly with FedEx, which is considered a trusted brand in the logistics industry [1] Investment Alternatives - While UPS has potential as an investment, certain AI stocks are suggested to offer greater upside potential and lower downside risk, particularly in the context of current market trends [1]

Core Insights - Expeditors International of Washington, Inc. is a leading global logistics and supply chain services company with a market capitalization of $16.3 billion, providing a range of services including freight forwarding, customs brokerage, and warehousing [1][2] Company Performance - The stock of Expeditors International is currently 8.7% below its 52-week high of $131.59, reached on September 30, 2024, and has gained 6.3% over the past three months, underperforming the Nasdaq Composite's 15.8% rise during the same period [3] - Year-to-date, the stock has gained 8.5% but has declined 4.4% over the past 52 weeks, while the Nasdaq Composite has seen gains of 17.2% YTD and 25.6% over the past year [4] - The stock has shown signs of recovery after a period of volatility, climbing above its 50-day moving average in May and surpassing the 200-day line by August, indicating a bullish trend [4] Market Challenges - The company has faced challenges such as weakness in freight demand, trade uncertainties, tariff risks, and margin pressures, which have negatively impacted investor sentiment [5] - Despite these challenges, Expeditors reported stronger Q2 results, with revenue rising 9% year-over-year to $2.7 billion and EPS increasing by 8% to $1.34, leading to a 2.1% increase in shares in the following trading session [6]