Update

It’s earnings season and so loooots is happening on several fronts these days!

Here are some interesting stories sourced from the web – and mainly focused on results – that you shouldn’t have missed this week:

– “Union Pacific -3% despite notching a record operating ratio” (down 6.3% around mid-session Thursday)

– “Thor Logis lands first logistics acquisition in Spain

– “‘Considerable growth.’ Miami private equity firm to buy Capstone Logistics

– “CSX +2% after firing off more buybacks” (the earnings call transcript and presentation are, respectively, here and here)

– “BlackRock S&P 500 fund is Europe’s biggest equity ETF loser in third quarter” (sub required) 

– “MBK Partners revives $1bn sale of China’s Apex Logistics

Landstar System EPS beats by $0.20, beats on revenue (the earnings call presentation is here)

– “Canadian Pacific seeks opportunities in its land holdings

– “CN ‘cautiously optimistic’ on rail volumes

– “Oversight commission still waiting on Pentagon’s explanation of YRC loan

– “YRC has drawn about a third of its US coronavirus aid” (sub required)

– “JB Hunt Transport Services declares $0.27 dividend

– “Knight-Swift: Shippers seek early contract commitments

Thanks.

 

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