NewsnReleases

Financial news, corporate announcements, analysts’ reports

Freight

  • C.H. Robinson profit jumps 68% as cost cuts offset freight slowdown

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    EDEN PRAIRIE Logistics giant C.H. Robinson Worldwide Inc. reported a sharp increase in third-quarter profit, crediting its strategic overhaul for allowing it to gain market share and improve efficiency even as the freight industry remains in a prolonged slump. The company said that net income surged 67.6% to $163 million, or $1.34 per share,…

  • PAMT Corp reports wider Q2 loss amid revenue decline

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    TONTITOWN: PAMT Corp (NASDAQ: PAMT) announced a consolidated net loss of $9.6 million for the second quarter ended June 30, 2025, significantly wider than the $2.9 million loss reported in the same period last year. The company reported a diluted and basic loss per share of $0.46, compared to a loss per share of…

  • DFDS opens new unaccompanied freight route between Calais and Sheerness

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    COPENHAGEN: DFDS A/S is opening a new route between Calais and Sheerness in response to increasing demand for additional ferry capacity for unaccompanied freight (trailers) between France and the UK, a news release said. The first departure is planned for 1 June 2021. The new route will have one daily round trip operating 7…

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