Matt Batteh appointed as CFO of Saia
PRESS RELEASE Batteh Named Saia’s Chief Financial Officer JOHNS CREEK, Ga., May 14, 2024 (GLOBE NEWSWIRE) — Saia, Inc. (Nasdaq: SAIA), a ...
GM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEALR: WEAKENING AMZN: LIFESTYLE BATTLEKNIN: EXPANDED NETWORK OF CROSS-DECK FACILITIES
GM: GAUGING RISKGXO: NEW BOT PARTNERWMT: CAPEX IN CHECKWMT: CFO ON AUTOMATION WMT: SPOTLIGHT ON AUTOMATIONHD: PRESSURE BUILDSFWRD: REVISED EBITDA MAERSK: TESTING ONE-MONTH HIGHFDX: UP UP AND AWAYRXO: COYOTE DEAL TAILWINDDSV: NEW REFI DEALR: WEAKENING AMZN: LIFESTYLE BATTLEKNIN: EXPANDED NETWORK OF CROSS-DECK FACILITIES
Saia yesterday disclosed strong Q2 LTL operating data – click here for more.
Its stock surged +6.67% to $429.33 yesterday, 4 June, the second-best performer in our demo portfolio behind a reinvigorated Forward Air (+8.36%).
(After a period of weakness, it’s now flattish for the year.)
Notably, Saia was one of the stock opportunities flagged by analysts at UBS at the end of last week… for more, please read: ‘Bargain basement hunting back on vogue’.
Chaos now rules the container shipping market, says Yang Ming CFO
US Logistics Solutions files for liquidation, with significant job losses
Maersk sets new chartering record with deal for $150,000 a day
Forwarders 'being squeezed' as spot and contract rates move further apart
More ships and more containers needed for 'feverish' box shipping sector
MSC and CMA CGM roll out new shuttle services as intra-Asia rates soar
Demand for air freight 'perking up', but this puts pressure on capacity
Idle containership fleet dips to pandemic era lows as carriers hunt tonnage
Comment on this article