According to its executives during an earnings call to discuss the railway's third-quarter 2022 financial results, Canadian Pacific is eager to secure new business and expand existing opportunities as it prepares for a potential merger with Kansas City Southern in 2023. CP (NYSE: CP) and KCS shareholders approved the $31...
Cross-border shipping is now worry-free.
The prospect of lucrative foreign investment, balanced against concerns about crime, is unusually shaping Mexico's future. On the other hand, nearshoring and an influx of manufacturing have improved Mexico's economic prospects. According to Forbes, Mexico received $11.9 billion in foreign direct investment in the first quarter of 2021, the most...
Forward Air will expand further in 2023 as the macro environment cools.
Forward Air, an asset-light transportation provider, continues to outperform and exceed expectations. Even as the freight economy cools, the company's forecast for the fourth quarter and 2023 calls for continued revenue growth and stable margins. Forward (NASDAQ: FWRD) reported third-quarter earnings per share of $1.93, 3 cents higher than the...