Amazon.com Inc. reported fourth-quarter diluted earnings of 3 cents per share late Thursday, falling short of analysts' consensus of 17 cents per share and a long way from the $1.39-per-share level of the fourth quarter of 2021. Sales increased by 9% to $149.2 billion, exceeding analysts' expectations. Amazon said that...
The tanker shipping consolidation saga is being watched “like it’s Netflix.
Take a tanker fleet, mix in a high-stakes merger plan, a big personality or two, and season with founding-family pride. It's a tried-and-true recipe for the kind of squabbling that gives tanker shipping its colorful reputation. "Today's three-way squabble involving tanker owner Euronav (NYSE: EURN) — with Frontline (NYSE: FRO)...
Jones Logistics expands its footprint with the acquisition of Nationwide Express
Jones Logistics expands its footprint with the acquisition of Nationwide Express: Jones Logistics (JoLo) announced the acquisition of Nationwide Express on Thursday, February 2nd. Tennessee-based Nationwide Express is a dedicated carrier that transports dry van freight and hazardous materials throughout the southern United States. In addition, the company offers warehousing,...