XPO Logistics Inc
Where Do Old Dominion’s Capital Investments Stand among Peers?
Companies like Old Dominion have to make big investments in handling facilities, technology, and specialized vehicles to support business and logistics.
How Canadian Pacific’s Intermodal Traffic Trended
Canadian Pacific’s (CP) intermodal volumes have been rising for the past few weeks.
Why Old Dominion Freight Line Commands a Valuation Premium
Old Dominion announced a rise of 2.0% LTL tons in January and 3.2% in February. During the same months, its LTL shipments per day rose by over 6%.
Comparing Canadian Pacific’s Intermodal Volumes
Canadian Pacific’s intermodal volumes Although Canadian Pacific’s (CP) intermodal volumes have been marching forward for the past few weeks, in the week ended January 28, 2017, CP reported a fall of 7.5% in overall intermodal traffic. Intermodal data indicates that the fall was due to a drop in its international intermodal business, where volumes fell […]
FedEx Tax Bill: CEO Challenges New York Times’ Claims
FedEx (FDX) CEO Frederick Smith slammed the New York Times for its story about FDX’s tax bill. In a statement, Smith challenged the publisher to a debate.
What Led to the Decline in Canadian Pacific’s Intermodal Volumes?
Canadian Pacific’s intermodal volumes Although Canadian Pacific’s (CP) intermodal volumes have been marching forward for the past few quarters, for the week ended January 14, 2017, CP reported a fall of 4.5% in overall intermodal traffic. The intermodal data indicates that the fall was led by a drop in its international intermodal business, where volumes […]
How Old Dominion Freight Line Dominates the Less-Than-Truckload Industry
Old Dominion Freight Line (ODFL) is the United States’ major provider of regional, interregional, and national LTL (less-than-truckload) services.
OTPP opens new position in Alibaba Group
OTPP added a new position in Alibaba Group Holding (BABA) during the third quarter that ended in September. The position accounted for 0.09% of the fund’s total portfolio.
Fundamental Industry Trends that Investors Should Know
While air freight and logistics service operators have benefited from the recovery in the US economy, M&A has been the major growth driver for the industry in recent years.
Understanding FedEx’s Dividend Trend
In fiscal 2Q17, FedEx (FDX) paid a quarterly cash dividend of $0.4 per share, which represents a rise of 60% on a yearly basis.
Where Is UPS Making Its Next Set of Capital Investments?
For 2016, UPS has anticipated an investment of $2.8 billion in the procurement of capital assets.
Could FedEx’s Stock Buyback Drive Continue in Fiscal 2017?
FedEx paid a quarterly cash dividend of $0.15 per share in 2014, which was raised to $0.20 per share in fiscal 2015.
Who Are Old Dominion’s Biggest LTL Competitors Today?
Old Dominion’s peer group includes LTL companies that compete in the national and regional marketplace. The company also competes with some US railroads.
FedEx: A Concept that Blossomed into an Industry
FedEx achieved the distinction of being the first US company to reach $1.0 billion in revenues within the first ten years of operations without a single merger or acquisition.
FedEx Crushes Q4 Earnings Estimates, Stock Up 10%
FedEx (NYSE:FDX) stock rose 10% in pre-market trading at 6:16 AM ET today. On Tuesday, the company reported its strong results for the fourth quarter of fiscal 2020,
Can FedEx Stock Rise after Its Q3 Earnings Release?
On Tuesday, FedEx announced its earnings for the third quarter of fiscal 2020 after the market closed. The sales rose despite the coronavirus outbreak.
Argus Cautious over FedEx Near-Term Earnings Potential
Argus downgraded FedEx (FDX) over its near-term earnings potential. On Tuesday, analyst John Eade cut the stock to “hold” from “buy.”
FedEx Loses Analysts’ Confidence on Weak Earnings
FedEx (FDX) stock faced rating and target price cuts following its dismal fiscal 2020 second-quarter earnings results and its pessimistic fiscal 2020 earnings outlook.
FedEx Q2 Earnings: Trade War, Higher Costs Took a Toll
FedEx stock fell 7.2% during extended trading yesterday after the company reported lower-than-expected Q2 earnings and cut its fiscal 2020 outlook.
FedEx Q2 Earnings: What Can Investors Expect?
FedEx (FDX) will likely disappoint investors again. The company is scheduled to report its second-quarter earnings results on Tuesday.
Why FedEx Stock Fell More than 4% Yesterday
FedEx stock fell 4.4% yesterday following an earnings estimate reduction and fears that a trade deal between the US and China could be delayed.
OTPP adds new position in Grupo Aval
OTPP added a new position in AVAL during the third quarter that ended in September. The position accounted for 0.11% of the fund’s total portfolio.
OTPP establishes new position in United Technologies
OTPP added a new position in United Technologies Corp. (UTX) during the third quarter that ended in September. The position accounted for 0.13% of the fund’s total portfolio.
OTPP opens new position in XPO Logistics
OTPP added a new position in XPO Logistics Inc. (XPO) during the third quarter that ended in September. The position accounted for 0.46% of the fund’s total portfolio.
OTPP adds new position in The Priceline Group
OTPP added a new position in The Priceline Group Inc. (PCLN) during the third quarter that ended in September. The position accounted for 0.50% of the fund’s total portfolio.
Highlights of OTPP’s third quarter 13F filing
OTPP is an independent organization. It invests in pension fund assets. It administers the pensions for 307,000 active and retired teachers in Ontario.
FedEx Stock: Analysts’ Ratings and Target Prices
Back-to-back dismal quarterly performance and a downbeat outlook have kept analysts increasingly cautious about FedEx’s (FDX) growth prospects.
UPS Beats Q3 Earnings Estimate, Stock Falls on Revenue Miss
United Parcel Service (UPS) reported impressive Q3 earnings results this morning. But the stock was down today. Here’s why.
UPS: Q3 Earnings Could Rise despite Soft Global Trade
Increased freight rates, solid e-commerce growth, and efficient cost management are expected to drive United Parcel Service’s (UPS) Q3 earnings higher.
Why FedEx Inspires ‘Limited Confidence’ Says Bernstein
Another prominent Wall Street analyst cut his rating on FedEx this morning. Bernstein’s David Vernon downgraded the stock to “market perform.”
FedEx Stock Near 52-Week Low as Struggles Continue
FedEx (FDX) stock fell last Friday, approaching its 52-week low. In the previous 12 months, FDX has lost approximately 40% of its market value.
FedEx Q1 Earnings Next Week: Will It Disappoint Again?
Analysts expect FedEx (FDX) to disappoint investors again when it reports its fiscal 2020 first-quarter earnings results on September 17.
UPS Stock Soars on Q2 Earnings Beat, Impressive Outlook
UPS stock was up nearly 3% in premarket trading on July 24. The upswing came after it reported better-than-expected second-quarter results.
Why UPS’s Q2 Earnings Could Fall Year-over-Year
UPS is scheduled to report its second-quarter earnings results on July 24. Estimates suggest that things aren’t looking good for it this quarter.
United Parcel Service Updates Its 2019 Outlook
Alongside its release of its first-quarter earnings results, United Parcel Service (UPS) has updated its guidance for 2019.
UPS Slides ~6% as Q1 Earnings and Revenue Miss Estimates
Shares of United Parcel Service (UPS) opened ~6% lower today after the company announced its first-quarter earnings results.
J.B. Hunt Stock Plunged ~5% after Q1 Earnings Missed Estimates
J.B. Hunt plunged ~5% in the extended trading session on April 15 after the company reported lower-than-expected first-quarter 2019 results.
Higher Freight Rates to Drive J.B. Hunt’s First-Quarter Earnings
J.B. Hunt Transport Services (JBHT) is expected to report its first-quarter earnings results on April 15.
Why Did FedEx Cut Its Fiscal 2019 Earnings Outlook?
FedEx (FDX) slashed its fiscal 2019 earnings outlook. The ongoing global slowdown sent its third-quarter results below the expectations.
FedEx Fell ~6% after Lower Q3 Earnings and Revenues
FedEx (FDX) stock fell nearly 6% during the extended trading session on March 19 after the company reported dismal third-quarter results.
UPS Stock Soars ~5% after Its Q4 Earnings Beat Estimates
UPS stock was up ~5% in premarket trading today after it announced better-than-expected bottom line results for the fourth quarter.
UPS: e-Commerce Growth Could to Drive Its Q4 Earnings Higher
UPS is scheduled to report its fourth-quarter results on January 31. The company has an impressive record of beating earnings estimates.
FedEx to Buy Flying Cargo’s International Express Unit
FedEx (FDX) is acquiring Flying Cargo Group’s delivery and logistics business to expand its global operations.
Why XPO Logistics Inc. Is Tanking Over 17%
XPO Logistics Inc. (NYSE: XPO) is down over 17% following a report by famed short-seller Spruce Point Capital Management. Here’s what you need to know.
Why United Parcel Service’s Operating Margin Declined in Q3 2018
UPS’s operating profit declined 4.7% to $1.7 billion in the third quarter from $1.8 billion in the third quarter of 2017.
United Parcel Service Reports Q3 Earnings Beat, Stock Slips
UPS reported its Q3 2018 earnings on October 24. UPS’s Q3 earnings reached $1.73, up 19.3% from $1.45 in Q3 2017.
United Parcel Service Stock ahead of Q3 Earnings
United Parcel Service (UPS) is set to announce its Q3 earnings on October 24. On October 22, UPS stock closed at $115.64.
How Road Transportation Stocks Have Performed So Far in 2018
On a macro level, 2018 has emerged as a good year for the US road transportation sector for multiple reasons.
How Major US Road Transporter Stocks Fared in 2018
In 2017, trucks hauled 10.8 billion tons of freight, representing 70.2% of all the domestic freight tonnage in the United States.
Inside Analysts’ Recommendations on United Parcel Service
Of the 27 analysts covering United Parcel Service (UPS), six analysts (22%) have a “strong buy” recommendation on the stock.
Analyst Recommendations for EXPD after Second-Quarter Earnings
Of the 14 analysts covering EXPD stock, ten of them have recommended a “hold,” and one has recommended a “buy.”
Expeditors International Beat Q2 Estimates, Stock Zigzags
Expeditors International of Washington (EXPD) beat analysts’ adjusted EPS estimate of $0.78 by $0.01 for the second quarter.
EXPD’s Second-Quarter Earnings Beat Estimates, Stock Zigzags
Expeditors International of Washington (EXPD) reported its Q2 earnings on August 7. Adjusted EPS was $0.79, beating the $0.78 estimate.
Analysts’ Recommendations for XPO Logistics before Q2 Earnings
Currently, 20 analysts are covering XPO stock. Four (20%) of them are bullish and have rated it a “strong buy.”
Why XPO Could Beat Analysts’ Q2 2018 Earnings Estimate
For XPO, analysts estimate adjusted EPS of $0.98 in the second quarter. That’s a 63.3% growth rate YoY (year-over-year).
How XPO Logistics Stock Is Trending ahead of Q2 Earnings
XPO Logistics (XPO) is set to announce its Q2 earnings on August 1 after the market closes. On July 26, XPO stock closed at $99.26.
Navisphere: C.H. Robinson’s Technology Backbone
C.H. Robinson Worldwide’s (CHRW) Navisphere is a proprietary global technology platform that matches customer requirements with supplier capabilities to fit customers’ needs.
XPO Beat 1Q18 Estimates, but Higher Operating Costs Hurt Stock
XPO Logistics reported adjusted EPS (earnings per share) of $0.61, which surpassed analysts’ estimate of $0.51.
XPO Logistics Stock: How’s It Trending ahead of 1Q18 Earnings?
XPO Logistics (XPO) will announce its 1Q18 earnings on May 2. It has emerged as a top US transportation and logistics carrier.
A Look at XPO Logistics’ Transportation Segment
In fiscal 2017, XPO’s Transportation vertical had revenues of $9.8 billion, up 3.8% year-over-year.
How XPO’s Acquisition Strategy Has Worked for the Company
In 2013, XPO acquired National Logistics Management for $87.0 million, making XPO Logistics a leader in expedited shipments in the US.
Decoding XPO Logistics’ Intermodal and Drayage Business
XPO uses a proprietary technology called Rail Optimizer for its intermodal services.
XPO’s Last-Mile Logistics Business in North America
By the end of 2017, XPO Logistics operated 55 XPO last-mile hubs in North America and expects to grow this network to 85 hubs in 2018.
XPO Logistics: A Brief Company Overview
XPO Logistics (XPO) stock closed at $98.66 on March 27, 2018, which was lower than its 52-week high of $106.20.
Why XPO Logistics Could Be on Retail Giants’ Radar
XPO Logistics witnessed a 24% spike in e-fulfillment volume at its US contract logistics facilities during the period from Black Friday through Cyber Monday in 2017.
Will Home Depot Acquire XPO Logistics?
On December 22, 2017, Recode reported that Home Depot (HD) is looking to acquire XPO Logistics (XPO), which provides supply chain solutions around the world.
FedEx Analysts: Why They’re Recommending a ‘Buy’
Of the 29 analysts covering FedEx (FDX), eight (27.6%) have recommended a “strong buy” for the stock.
UPS Is Likely to Strengthen Its Wide Economic Moat
United Parcel Services (UPS US) earns a “wide economic moat” rating from Morningstar from efficient scale, cost advantage, and the network effect.
Will Upward Momentum in Less-than-Truckload Rates Continue?
In this article, we’ll discuss the tonnage and the rate movements in the US LTL (less-than-truckload) industry.
Will Electronic Logging Device Enforcement Affect LTL Carriers?
In this part, we’ll see whether LTL (less-than-truckload) carriers will be impacted by ELD (electronic logging device) implementation.
Which Less-than-Truckload Carrier Saw Highest Operating Cashflows?
In this article, we’ll analyze the operating cash flows of these LTL (less-than-truckload) carriers in 1H17.
How Did Operating Margins of Less-than-Truckload Carriers Stack Up?
In this article, we’ll go through the 2Q17 operating margins of the major LTL (less-than-truckload) carriers.
Why EXPD’s Operating Margins Declined in 2Q17
While EXPD’s revenues grew 13.4% in 2Q17, its operating expenses rose 16%.
Why Analysts Are Recommending a ‘Buy’ for XPO Logistics
XPO is covered by 19 analysts, who were surveyed by Thomson Reuters. Their consensus rating for XPO is 1.8, which represents a “buy.”
XPO Logistics: Logistics Segment Drives Earnings in 2Q17
XPO Logistics (XPO) generated adjusted EBITDA of $370.8 million in 2Q17 against $354.9 million in the second quarter of 2016.
XPO Logistics: Why Transportation Revenues Declined in 2Q17
XPO Logistics (XPO) witnessed a 5.2% rise in the Transportation vertical revenues, excluding divestitures.
XPO Logistics’ 2Q17 Earnings Missed Estimate
XPO Logistics (XPO), an emerging trucking giant, announced its 2Q17 earnings on August 2, 2017. It marginally missed analysts’ estimate by 0.60%.
Why YRC Worldwide’s Operating Margin Slid in 2Q17
YRC Worldwide’s (YRCW) revenues in 2Q17 rose 4.4%, whereas operating expenses rose 5.2%. Operating expenses rose at a faster pace than revenues.
What Led to YRC Worldwide’s Revenue Growth in 2Q17?
In the second quarter of 2017, YRC Worldwide (YRCW) reported revenues of $1.26 billion, a 4.4% rise from $1.2 billion in 2Q16.
Could United Parcel Service’s Revenues Rise in 2H17?
When compared with its 2Q16 revenues of $14.6 billion, UPS’s 2Q17 revenues rose 7.7%
What’s FedEx’s Capital Investment Outlook?
In 3Q17, the company incurred a capex of $1.1 billion, which represents 7.4% of the 3Q17 total revenues of ~$15.0 billion.
Why a Majority of FedEx’s Analysts Recommend Buying the Stock
Out of total 25 analysts covering FDX, 17 analysts (or 68%) have a “buy” opinion, while eight analysts (or 32%) recommend investors to “hold” FedEx shares. There were no “sell” recommendations among the Wall Street analysts.
How TNT Acquisition Is Driving FedEx’s European Growth
On May 25, 2016, FedEx (FDX) completed the 4.4 billion euro acquisition of the Netherlands-based TNT Express NV.
Will Brexit Continue to Impact XPO Logistics?
Following the United Kingdom’s decision to exit the European Union, XPO Logistic’s (XPO) stock fell 13.4% on June 24.
TNT Express Integration Prompts ‘Buy’ Recommendations for FedEx
Analysts are expecting considerable synergies with FedEx’s acquisition of TNT Express.
Why Old Dominion Lead’s the Industry in Operating Margins
Old Dominion’s tonnage levels and revenue mix are subject to seasonal trends. Its operating margins are lower in the first and fourth quarters of the year.
How Old Dominion’s Technology Tools Are Carving out a Niche Position
As technology improves a company’s bottom line and enhances shareholder value, Old Dominion banks on technology to cut costs and maximize satisfaction.
How Did Old Dominion Evolve as a Major US Trucking Company?
Old Dominion offers access, through agents or strategic alliances, to services in international locations including Canada, Mexico, Europe, and China.
The Word on the Street: Analyst Recommendations for FedEx ahead of Its Fiscal 4Q16 Results
Out of 28 analysts covering FedEx (FDX), 16 analysts, or 57%, recommend “buys” for FDX.
Will FedEx Be Able to Expand Its Operating Margins in Fiscal 4Q16?
Wall Street analysts are expecting FedEx’s operating margin to hit 11.7% in fiscal 4Q16, as compared to an actual margin of -10.9% in fiscal 4Q15.
UPS: Management’s Expectations about the Near-Term Future
UPS’s cash from operations has gone up from $5.5 billion in 2006 to $7.4 billion in 2015. Over the last ten years, the company was able to generate substantial operating cash inflows.
Why UPS’s Operating Margins Are Better than Its Peers
Despite an ~13% increase in compensation expenses since 2011, UPS was able to maintain its operating margin in the range of 12%–13%.
United Parcel Service: Key Growth Focus Areas
Recently, United Parcel Service has broadened the service offering of UPS My Choice to 15 more countries and territories in the Americas and Europe.
ORION: A Star in United Parcel Service’s Technology Crown
United Parcel Service, through 10,000 routes optimized with ORION, saves up to 1.5 million gallons of fuel per year.
United Parcel Service: Driving down Memory Lane
Founded in 1907 by teenagers Claude Ryan and Jim Casey, United Parcel Service (UPS) began in a Seattle basement with a $100 loan and a couple of bicycles. Today’s UPS relies on the pair’s core values of neatness, reliability, courtesy, and ethical practices.
Why J.B. Hunt Transport Leads the Trucking Intermodal Space
Intermodal transportation involves the movement of freight in an intermodal container using multiple transportation modes such as rail, ship, and truck. It doesn’t involve the handling of freight when the modes are changed.