Hub Group’s Post

🚚📉 Tough times in the transport sector... Phil Yeager CEO of Hub Group, just gave us a real-talk update on their latest earnings call. The takeaway? It's a rough ride out there in the transportation world. 💡 Q1 wasn't too kind to Hub Group, with revenues dropping 13% to just under a billion bucks. Net income took a serious hit too, plummeting 56% to $27 million. There's a silver lining, though... earnings per share beat the odds at 44 cents, edging out predictions. But it’s not all doom and gloom. Customers are getting savvy, prioritizing value and cost, which could signal a shift in how decisions are made industry-wide. However, the pace of capacity reduction isn’t keeping up, leaving the market unsettled. 🔗 Read more at FreightWaves: https://lnkd.in/eMdc8JfE 🔍 Diving into Hub Group's situation gives us a snapshot of broader industry trends; like the impact of excess capacity and how companies are adapting. Even the big players are feeling the squeeze, showing that no one's safe in this tight market. #logistics #transportation #earningsreport #hubgroup #markettrends #strategicplanning #businessinsights

Corpay, previously Fleetcor Technologies, has reduced its full-year earnings forecast for 2024, citing high interest rates and unfavorable foreign exchange rates, according to CEO Ron Clarke. “Both of these macro factors unfortunately will depress our current rest of year,” Clarke said during a call with analysts Wednesday after the market closed. “Additionally, we’re expecting our lodging clients’ softness to hang around longer, thereby reducing our full-year lodging revenue forecast.” Corpay posted a first-quarter year-over-year (y/y) revenue increase of 4% to $935.25 million and quarterly earnings per share of $4.10, an 8% y/y increase. The company missed Wall Street’s revenue estimates of $936.3 million but beat analysts’ estimated EPS of $4.08. By Noi Mahoney   #transportes #aduanas #transportación #customs #customsrequirements #logistics #supplychain #logística #freight #logisticsnews #customsnews

MSC strikes bolt-on deal in logistics (Maritime Group, to be integrated into Medlog https://lnkd.in/dvJ97b_7) that – given prevailing multiples in the space – should stamp on the target an enterprise value (EV) of about £400m (base case; EV = equity value given net debt balances). That would imply a ~1x trailing multiple for sales (end of 2023 reported revenues: £404m). Based on year-end 2023 reported Ebit of £20m, implied take-out Ebit multiple is around 20x, based on the aforementioned assumptions

Shares of mass transit operator – BTS Group Plc (BTS), dropped by nearly 6% in early trade today after the company announced that it was not going to pay dividends for its 2023 operations and that the company was also looking to raise capital by issuing up to 650 million new shares (nearly 5% of the existing paid-up capital base). BTS also reported a net loss of 5.24 billion Baht, with a bulk of it coming from its subsidiary Kerry Express (Thailand) Plc (KEX) which recorded a net loss of 4.36 billion Baht for Q1 2024. #thailand #investing #stockmarket #masstransit #economy #rail #earnings 

❗️Navigating Small-Cap Enterprises 📊 Cantaloupe (CTLP) offers digital payment services and related software, providing comprehensive technological solutions for the automated retail market, vending machines, micro markets, and smart refrigerators. The company's product is an integrated service for payment processing, logistics, and back-office management. In February, Cantaloupe acquired the company CHEQ and plans to expand its capabilities, providing sales systems for sports and entertainment venues. Analysts expect the CHEQ acquisition to be a significant growth point for Cantaloupe and predict that by the end of the year its revenue will increase by 12.7% to $275 million, and earnings per share will reach $0.15. The FactSet consensus for CTLP stock is $10.70. Learn more about investment strategies on the American stock market: https://lnkd.in/e7PZN7rm #AtraniCapital #investment #stockmarket #stockbroker #makemoney #exchange #ipo #join_ipo_deals_and_make_money #atranicapital #momentum #etf #portfolio #UHNWI #HNWI #analytics #financial #investmentportfolio #hedgefund #financialadvisor #familyoffice

Handelsbanken Capital Markets acts as advisor to the owners of First Cargo Sweden in the sale to BHS Logistics   On January 3, First Cargo Sweden AB announced that BHS Logistics, a Danish transport company offering road, water and air transport solutions, has acquired the company.   First Cargo is a Swedish forwarding agent focused on road transports in Europe from own offices and terminal hubs in Gothenburg, Malmö and Madrid. The company has more than 30 employees and provides courier and express transport, controlling a total fleet of around 70 vehicles. In 2022, First Cargo reported revenue of SEK 422 million with an operating profit (EBITDA) of SEK 43 million.   The combined company will have a broader network, a larger customer base and will benefit from economies of scale. This creates a solid foundation for BHS Logistics to capitalize from the expected growth in commerce between the Nordic countries and First Cargo’s key markets in Spain, Italy and Portugal in the coming years.   Handelsbanken Capital Markets has acted as sole financial advisor to the owners of First Cargo Sweden in connection with the transaction.

Freightos reported a 11 percent increase in revenue at $5.7 million for the second quarter of 2024 compared to $5.1 million in Q22023 on strong growth of air cargo digital bookings and revenue from SaaS solutions. “Our robust second quarter performance underscores the growing strength and adoption of our platform in the international freight market," says Zvi Schreiber, CEO, Freightos. "The acquisition of Shipsta marks a significant milestone in our journey to digitalise freight booking and procurement, by expanding our footprint in global freight tenders. Building on our first quarter momentum, we've continued to focus on high-value initiatives and strategic expansion. As we move forward, we remain committed to driving innovation and capturing the vast opportunities in the air and ocean freight markets, positioning us for sustained growth and value creation in this hugely important industry.” ✈️ Follow STAT Times for the latest updates in air cargo and aviation.✅🌍 Ran Shalev, #Freightos #Shipsta #logistics #EBITDA #revenue #cargorevenue 👉 𝐓𝐨 𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞: https://lnkd.in/evXtJ9-y

When we think about enhancing efficiency and streamlining communication, it's easy to overlook the inbox as a powerful tool. You should challenge that notion. Imagine a world where distribution lists, redundant emails, and the chaos of multiple responses are a thing of the past. Envision an inbox that tracks reply times and workloads and manages customer quote requests with precision by pulling rates and measuring win/loss ratio, AND tells you how many you didn't quote at all. Think of a system that meticulously analyzes each email, safeguards against fraud and double brokers, and integrates with your TMS for real-time tracking updates. This isn't just about efficiency; it's about revolutionizing the way we value TIME and communication. This eliminates at least 5 tabs in your browser #IYKYK Wait.....we have that all in one place. 🎤

A year from now you may wish you had started today! Leading The Ground Transportation Pack: Universal Logistics (NASDAQ:ULH) Q1 Earnings 🚀 Don't let the Fear of Missing Out hold you back, take action now! 🙌 💼 Universal Logistics (NASDAQ:ULH) has emerged as a dominant player in the ground transportation industry, delivering exceptional performance in the first quarter of the year. With its solid financials and strategic growth plans, it's time to consider investing in this sector-leading company. ✨ Q1 Revenue Growth: Universal Logistics reported impressive revenue growth of XX% in Q1 compared to the previous year, showcasing the company's ability to capitalize on the growing demand for ground transportation services. This upward trajectory is a promising sign for long-term investors seeking stability and consistent returns. 📈 Strong Earnings: The company's earnings per share (EPS) exceeded market expectations by a significant margin, demonstrating the management's focus on operational efficiency and cost control. Universal Logistics saw an increase of XX% in EPS, showcasing their financial prowess and dedication to maximizing shareholder value. ⚙️ Robust Operations: Universal Logistics' efficient operations and well-maintained fleet have contributed to their success. With a focus on continuous improvement and leveraging technology to optimize their logistics processes, the company is well-positioned to sustain growth and outperform industry peers. 💼 Strategic Focus: Universal Logistics has been actively expanding its service offerings and customer base to diversify revenue streams. Through strategic acquisitions and partnerships, the company has successfully expanded into new markets, enhancing its competitive advantage and positioning itself for future growth. Invest in Universal Logistics today to capitalize on the ground transportation industry's potential and secure your financial future! #hsa #investing #healthcare #health #family #wellness 🌟

Premier Roadlines’ shares had a strong start on the NSE (https://buff.ly/2Ri533y) SME platform today, opening at ₹8 - New Post: Premier Roadlines Zooms on Debut, Up 30% on NSE SME https://buff.ly/3UJmmqU #marketnewsviews #investorinterest #logisticsipo #nsesme #premierroadlines #stockmarketnews