EBITDA loss at Uber Freight widens, as revenue down from 2023 and Q3
Uber Freight’s fourth-quarter earnings continued to show deterioration both from a year ago and sequentially from the third quarter.Gross bookings of $1.273 b...
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Hapag-Lloyd 2024 profit navigates disruptions
Ocean carrier Hapag-Lloyd sailed past supply chain disruptions in announcing preliminary full-year financial results for 2024.The German company said based on p...
CN profits dip after fourth-quarter port and weather disruptions
MONTREAL — Canadian National experienced a series of shocks to the system last year, and the fourth quarter was no exception: Profits and revenue declined...
ONE achieves higher earnings amid stable volumes
Singapore-based container line Ocean Network Express (ONE) has released its financial results for the third quarter of the company’s FY2024, covering the peri...
CPKC sees higher Q4 profits, forecasts continued growth despite trade concerns
CALGARY, Alberta — Canadian Pacific Kansas City (NASDAQ: CP) reported higher fourth-quarter profits and revenue as the railway’s merger-related synergie...
First look: CPKC Q4 earnings improve
Canadian Pacific Kansas City said fourth-quarter revenues increased to $3.9 billion from $3.8 billion a year ago, as diluted earnings per share increased to $1....
Rising risks to inland waterways: Climate resilience needed
The previous year was the hottest on record globally, with reinsurer Swiss Re reporting natural catastrophe losses exceeding US$100 billion for the fifth consec...
CSX Q4 profits sink on lower coal and fuel revenue, hurricane-related costs
CSX revenue and profits declined in the fourth quarter as growth in merchandise and intermodal traffic was not enough to overcome sharp declines in coal and fue...
A disconnect: EBITDA at Triumph Payments is all-time high, but Triumph Financial’s stock plummets on earnings
Various metrics released in the quarterly earnings of trucking-focused bank Triumph Financial showed a company that had a strong fourth quarter by some operatio...
SITC to report significant financial growth amid higher box volumes
Hong Kong-based box line SITC has issued a positive profit alert for 2024, according to preliminary figures.The unaudited profit attributable to the company’s...
First look: CSX profit falls in Q4
CSX Corp. today reported fourth-quarter 2024 operating income of $1.11 billion that fell compared to $1.32 billion in the prior year period. Revenue totaled $3....
Union Pacific profit up 7% in Q4, forecasts similar growth in 2025
Union Pacific reported 2024 fourth quarter net income of $1.8 billion, up from $1.7 billion a year ago, as higher rail freight volumes drove record profits.The ...