The Eagle Group is a diverse group of five privately held companies that has grown from a livery company founded in 1903 in Wenatchee, Washington. Wenatchee is located on Washington state’s eastern plateau between the Cascade Mountains to the west…
From PayPal to Gr4vy. John Lunn, a leading executive with Paypal (NASDAQ: PYPL) during his time leading the company’s Developer and Start-up Relations division, has come back to the payments business with a new firm, Gr4vy. After that stint in…
Commercial driveline supplier Meritor Inc. (NYSE: MTOR) reported higher sales and earnings for its fiscal second quarter despite a tough comparison with the year-ago period. The Troy, Michigan-based company reported sales of $993 million compared to $871 million in the…
Wall Street didn’t like Clorox’s earnings report late last week. There were analyst downgrades and shares are down from where they were a week ago and down 10% from their level three months ago. The company is in a tough…
Management from ArcBest Corp. (NASDAQ: ARCB) said a “robust demand” environment has them already thinking about the 2022 capital expenditures budget during a call with analysts Tuesday. The company is looking to improve its capacity profile to capture the incremental…
This episode of Put That Coffee Down is sponsored by Surge Transportation. Surge Transportation is the fastest growing 3PL in the logistics space today. Based in Chicago and Jacksonville, they offer unrestricted access to almost all accounts, limitless territory, and…
Learn more at SONAR.FreightWaves.com
Arrival, the U.K.-based electric bus and van manufacturer, has announced a deal with global ridesharing giant Uber to develop an electric car for ride hailing in the U.K. and Europe. Uber has a similar deal with General Motors (NYSE: GM)…
By this point in the earnings cycle, the trends are firmly established with what most transportation companies experienced in their finances during the prior quarter. Expeditors International (NASDAQ: EXPD) is no different. The asset-light logistics company, which is a member…
The Daily Dash is a quick look at what’s happening in the freight ecosystem. In today’s edition, we highlight Navistar’s Class 8 truck recall, a congressional report into COVID relief loans, a potential merger and more. The High Five 1.…
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