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FedEx Corp. (NYSE:FDX) is set to report its fiscal second-quarter results on Thursday after the closing bell and analysts are expecting a decline in earnings.  What To Know: FedEx reported disappointing first-quarter results in September with adjusted earnings nearly 25% below consensus estimates....

Old Dominion Freight Line Inc (NASDAQ:ODFL) just reaffirmed its status as the gold standard in less-than-truckload (LTL) freight, according to JPMorgan analyst Brian Ossenbeck, who recently pored over insights from the 2024 Mastio Survey. Old Dominion's Playbook: The Industry's Gold Standard For 15...

Navios Maritime Partners L.P. (NYSE:NMM) shares are trading higher on Tuesday after the company reported third-quarter results. Revenue was $340.8 million, missing the consensus of $377.0 million. The company’s revenue rose 5.4%, led by the higher Time Charter...

Retailers and politicians reacted to the International Longshoremen's Association (ILA) and U.S. Maritime Alliance’s (USMX) tentative deal to end the ongoing port strike. What Happened: East Coast dockworkers went on strike Tuesday following their contract lapse with port employers. The...

The International Longshoremen's Association (ILA) initiated a strike earlier this week amid ongoing negotiations regarding wage increases and protections against automation and AI. The strike, if prolonged, could lead to supply constraints which may cause prices to rise, economists warn.These are...

The labor contract between the International Longshoremen's Association and U.S. Maritime Alliance expired overnight on Tuesday. The ILA — whose members comprise dockworkers on the East Coast — is now officially on strike. Supply chain disruptions stemming from a prolonged strike may affect...

Longshoremen are expected to drop their cargo hooks Tuesday, potentially freezing activity at some of the U.S.’s busiest ports. What Happened: According to the New York Times, a union showdown on the East and Gulf coasts with their employers could halt billions of dollars worth of goods,...

With a looming dockworkers' strike on the East and Gulf Coasts set to begin Oct. 1, major companies like Amazon.com Inc (NASDAQ:AMZN), Apple Inc (NASDAQ:AAPL), and Tesla Inc (NASDAQ:TSLA) are bracing for substantial disruptions. The strike, led by the International Longshoremen’s Association...

FedEx Corp (NYSE:FDX) could provide a look at how shipping demand is shaping up and ease analysts’ concerns about the macro environment when the company reports first-quarter financial results after market close Thursday. Earnings Estimates: Analysts expect FedEx to report first-quarter...

Port employers and the union representing East and Gulf coasts dockworkers begin a two-day meeting in New Jersey to prevent a strike that would disrupt maritime commerce along the entire U.S. Eastern Seaboard. Talks on a labor deal for six of the 10 busiest ports stopped in June when the...

Possible labor strikes at U.S. East and Gulf coast ports and Canadian railways may lead to volatility in container freight rates by causing supply-chain disruptions for the container industry and cargo owners, according to an industry expert. “With the looming strikes at Canadian railways and...

Transatlantic container shipping volumes into the U.S. are making a comeback as U.S. retailers look to replenish inventories ahead of possible strike action at U.S. ports. “There is some temptation by customers to bring in goods ahead of the labor contract expiry on Sept. 30,” Hapag-...

Shares of SFL Corporation Ltd. (NYSE:SFL) were crushed yesterday. The Hamilton, Bermuda-based company announced that it was offering $100 million of new shares. Some investors are concerned that this would dilute the value of their holdings so they sold aggressively. But the stock could be about...

Successful traders know how to recognize which price levels in a certain market are important. These are called support and resistance levels. When a stock reaches one of them there is a good chance it reverses. Traders can profit from these reversals. Successful traders also understand the concept...

A new Chinese megaport on the coast of Chancay, Peru, stands to threaten U.S. trading influence with resource-rich South America. China Ocean Shipping Group, the port’s majority owner also known as Cosco, expects to open the massive facility later this year, Bloomberg reported. The port is...