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,...
September’s nightmare appears to be a distant memory at FedEx.
Two days do not constitute a trading trend. FedEx Corp. shares, on the other hand, are rising for the second day in a row. FedEx (NYSE: FDX) shares were up nearly 6.3%, or more than $12, at the close of trading Thursday. This follows a 4.2% gain at the close...
Schneider’s outlook for 2023 is better than expected.
Schneider National, a transportation and logistics company, provided better-than-expected earnings guidance before the market opened Thursday, sending its shares higher. Schneider's outlook for 2023 anticipates steady improvement in freight markets throughout the year. Schneider (NYSE: SNDR) reported fourth-quarter adjusted earnings per share of 64 cents, which was 4 cents higher...