Yellow Corporation ($YELL) is the parent holding company of less-than-truckload (LTL) carrier brands including Holland, New Penn, Reddaway, and YRC Freight with operations in 70 countries after 99 years in business. It is the third largest LTL carrier by revenue...
The recession that’s taking hold in the U.S. and Europe is deepening amid a likely escalation of NATO’s proxy war (Twitter thread) with Russia in Ukraine. A sanction-induced energy shortage and subsequent liquidity crisis spawned by a strengthening dollar that the...
December 19 was not a happy day for FedEx shareholders. After an unsettling earnings report in which the company raised concerns over its flagging international business and lowered its profit outlook, FedEx was on pace for its worst day in a decade, with the stock...
Earlier this week, the European Commission — the ruling agency governing transactions affecting the euro zone — made a critical decision that ultimately may be seen as an affront to free-market capitalism. A dual announcement made by express delivery...