Latest news with #freightforwarding
Yahoo
04-08-2025
- Business
- Yahoo
Expeditors Earnings: What To Look For From EXPD
Logistics and freight forwarding company Expeditors (NYSE:EXPD) will be reporting earnings this Tuesday before market hours. Here's what you need to know. Expeditors beat analysts' revenue expectations by 3.6% last quarter, reporting revenues of $2.67 billion, up 20.8% year on year. It was a stunning quarter for the company, with a solid beat of analysts' EBITDA estimates and an impressive beat of analysts' adjusted operating income estimates. Is Expeditors a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Expeditors's revenue to be flat year on year at $2.43 billion, slowing from the 8.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.25 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Expeditors has missed Wall Street's revenue estimates four times over the last two years. Looking at Expeditors's peers in the air freight and logistics segment, some have already reported their Q2 results, giving us a hint as to what we can expect. C.H. Robinson Worldwide's revenues decreased 7.7% year on year, missing analysts' expectations by 0.6%, and FedEx reported flat revenue, topping estimates by 1.9%. C.H. Robinson Worldwide traded up 18.1% following the results while FedEx was down 3.2%. Read our full analysis of C.H. Robinson Worldwide's results here and FedEx's results here. Investors in the air freight and logistics segment have had steady hands going into earnings, with share prices flat over the last month. Expeditors is down 1.3% during the same time and is heading into earnings with an average analyst price target of $110.33 (compared to the current share price of $114.65). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Independent Singapore
23-07-2025
- Business
- Independent Singapore
SingPost completes S$177.9M sale of entire freight forwarding business
FB screengrab/ SingPost SINGAPORE: Singapore Post Limited (SingPost) has divested its entire freight forwarding business conducted through Famous Holdings Pte Ltd (FHPL) and Rotterdam Harbour Holding B.V. (RHH) for around S$177.9 million, according to the company's media release on Tuesday (July 22). The sale was carried out in two parts to separate buyers. The first was sold to DP World Logistics FZE for about US$97.7 million (S$125.5 million), while the other was sold to a consortium that includes some of Famous Holdings' minority shareholders for around €35.7 million (S$52.4 million). SingPost said the deal resulted in a gain of about S$10.5 million and freed up S$104 million in cash for the company. SingPost's chairman Simon Israel said the move is part of the company's strategy, announced in March 2024, to divest non-core assets and recycle capital. 'Following a comprehensive international sale process to explore various options for Famous Holdings, the Board concluded that selling the business in two parts would secure the highest possible valuation,' he added. SingPost said the proceeds will contribute to the company's cash balance, which shall be determined by the board based on the company's funding needs. The sale follows SingPost's divestment of its Australian logistics business, Freight Management Holdings (FMH), to private equity firm Pacific Equity Partners for about S$845 million in March. /TISG Read also: Singapore customers can now drop off FedEx parcels at any SingPost POPStop counter and POPStop@Tampines MRT () => { const trigger = if ('IntersectionObserver' in window && trigger) { const observer = new IntersectionObserver((entries, observer) => { => { if ( { lazyLoader(); // You should define lazyLoader() elsewhere or inline here // Run once } }); }, { rootMargin: '800px', threshold: 0.1 }); } else { // Fallback setTimeout(lazyLoader, 3000); } });
Gulf Business
18-07-2025
- Business
- Gulf Business
Dubai South unveils flexible logistics facilities for growing businesses
Located in the freight forwarding zone, the facilities offer excellent proximity to key transport hubs, including Al Maktoum International Airport and Jebel Ali Port. Tenants will also benefit from direct access to the UAE's road network, enabling seamless connectivity for efficient logistics and operations. The development is expected to be completed and handed over to tenants by the first quarter of 2026. Dubai South's Logistics District Each unit is air-conditioned, accessible at ground level, and offers flexible layouts to accommodate different operational requirements. The spaces are designed with sustainability in mind and allow for easy fit-out customisation. On-site retail outlets and amenities further enhance convenience for tenants and their staff. The new development is aimed at a broad spectrum of clients, including SMEs, logistics companies, e-commerce firms, traders, and businesses that require secure and strategically positioned premises to support international trade. Units are available in two sizes—2,152 sq. ft. and 3,767 sq. ft.—and offer scalable configurations to suit businesses as they expand. All units are temperature-controlled to maintain optimal conditions for stored goods. Read: Commenting on the launch, Mohsen Ahmad, CEO of the Logistics District at Dubai South, said: 'At Dubai South, we are committed to empowering businesses with innovative, flexible, and sustainable solutions that drive growth and operational efficiency. The launch of our new multiuser facilities underscores our commitment to supporting SMEs by providing strategically located, state-of-the-art infrastructure that meets the evolving demands of the regional and global markets. We continuously strive to create an ecosystem that fosters SME growth by offering tailored solutions, strategic connectivity, and a business-friendly environment.' Dubai South's Logistics District forms a key part of the UAE's infrastructure network. It offers direct access to Jebel Ali Port through a bonded logistics corridor and includes multiple specialised zones. These include cargo terminals at Al Maktoum International Airport, EZDubai—a dedicated e-commerce free zone—and the Contract Logistics Zone.
Yahoo
17-07-2025
- Business
- Yahoo
What to Expect From Expeditors International's Q2 2025 Earnings Report
With a market cap of $15.5 billion, Expeditors International of Washington, Inc. (EXPD) is a leading global logistics provider offering air and ocean freight forwarding, customs brokerage, and supply chain solutions. The company serves a wide range of industries across the Americas, Asia, Europe, and the Middle East through its extensive network of subsidiaries. The Bellevue, Washington-based company is expected to release its fiscal Q2 2025 earnings results before the market opens on Tuesday, Aug. 5. Ahead of this event, analysts project Expeditors to report an EPS of $1.24, matching the figure from the year‑ago quarter. The company has exceeded or met Wall Street's bottom-line estimates in the last four quarters. In Q1 2025, EXPD surpassed the consensus EPS estimate by 13.1%. More News from Barchart Dear Google Stock Fans, Mark Your Calendars for July 23 Dear UnitedHealth Stock Fans, Mark Your Calendars for July 29 Peter Thiel Is Betting Big on This Ethereum Treasury Stock. Should You Buy Shares Now? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For fiscal 2025, analysts forecast the logistics services provider to report EPS of $5.38, down nearly 6% from $5.72 in fiscal 2024. However, EPS is expected to grow 2.4% year-over-year to $5.51 in fiscal 2026. Over the past 52 weeks, EXPD stock has decreased 6.2%, underperforming the broader S&P 500 Index's ($SPX) 12.2% return and the Industrial Select Sector SPDR Fund's (XLI) 19.4% gain over the same period. Despite reporting better-than-expected Q1 2025 EPS of $1.47 and revenue of $2.7 billion, shares of Expeditors International fell 5% on May 6. The company's air freight tonnage rose 9% and ocean container volume increased 8%, largely driven by one-time demand spikes as businesses pulled forward shipments ahead of potential tariff hikes. The management warned of ongoing volatility in air capacity and rates, and noted the industry is facing unprecedented regulatory unpredictability. Analysts' consensus view on Expeditors' stock is moderately bearish, with an overall "Moderate Sell" rating. Among 15 analysts covering the stock, eight suggest a "Hold," one gives a "Moderate Sell," and six provide a "Strong Sell" rating. As of writing, the stock is trading above the average analyst price target of $109.71. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
16-07-2025
- Business
- Yahoo
The 19th Global Freight Forwarders Conference Concludes Successfully in Dubai
DUBAI, United Arab Emirates, July 15, 2025 (GLOBE NEWSWIRE) -- The 19th Global Freight Forwarders Conference hosted by JCtrans was successfully held in Dubai, bringing together 1,237 logistics professionals and 752 leading enterprises from 74 countries and regions. This three-day event marked a significant milestone for the global freight forwarding industry, opening new avenues for international Ceremony: Shaping a Prosperous Future for Global Logistics At the opening ceremony, Leon Li, Chief Operating Officer of JCtrans, delivered a keynote speech highlighting the surging value of the Middle Eastern logistics market, now estimated at $27.8 billion and projected to reach $39.2 billion within five years with a compound annual growth rate of 7.1%. He reaffirmed JCtrans's mission to help global freight forwarding companies achieve sustained profitability and emphasized its vision to become 'the most trustworthy international logistics trading platform.' JCtrans remains committed to integrity and global partnership, striving to create a more connected and prosperous logistics ecosystem. Keynote Sharing: Insight and Innovation Go Hand in Hand During the presentation segment, JCtrans senior executives Crystal Zheng, Zuocai Wei, Yorick Zhu, and Alice Zhang shared deep insights on business opportunity matching, risk mitigation, payment solutions, and global branding strategies. Crystal Zheng, Senior Vice President of JCtrans Membership and Event, revealed that JCtrans now serves over 11,000 paid members across 179 countries, with an annual renewal rate of 86%. Through its AI-powered inquiry system, the platform facilitates more than 2.2 million business matches per year. Enhanced member store functionality and a new 'Inquiry Hit List' further boost visibility and lead conversion. Zuocai Wei, Senior Specialist of Cooperation Risk Protection, introduced JCtrans's upgraded risk management system. In the past year alone, the platform helped members avoid over 2,200 potential risks, resolved 84% of disputes, and recovered approximately $185 million in claims. With tools like real-time Risk Alerts and Credit Assurance Orders, JCtrans ensures safer and more reliable cross-border transactions. To tackle payment challenges in the freight forwarding industry, JCtrans launched JC Pay, a settlement solution offering real-time transactions with zero fees. Yorick Zhu, Vice President of Membership, stated that JC Pay has facilitated over $400 million in annual settlements and helped members save millions in banking fees. JCtrans will soon launch JC Verified, a business capability certification service designed to build trust and promote high-quality collaboration across borders. Alice Zhang, Head of Office of the CEO, highlighted JCtrans's expanding global presence. The reservation system for the upcoming 2025 Shanghai Conference is now open, and planning for the 2026 Thailand Conference is already underway. JCtrans will also participate in the India International Cargo Show, the country's largest logistics exhibition. Additionally, platform enhancements such as booth reservation, exclusive training sessions, and improved digital storefronts are helping members connect with new clients more efficiently. One-on-One Meetings: Building Practical Partnerships At the heart of the conference were the one-on-one business meetings, providing a direct communication bridge for participants. These face-to-face interactions helped numerous companies reach initial cooperation agreements, laying the foundation for future business expansion. JCtrans's intelligent matching mechanism significantly improved the efficiency and success rate of these engagements. Networking Events: Celebrating Connection and Vision JCtrans also hosted a welcome cocktail reception and a gala dinner to express gratitude to its partners. These gatherings provided valuable networking opportunities, strengthened friendships, and fostered trust, paving the way for deeper long-term cooperation among global attendees. The success of the JCtrans Dubai Conference underscores the platform's leadership in the global logistics sector and its commitment to building a truly borderless and collaborative logistics community. As preparations unfold for the upcoming events in Shanghai and Thailand, JCtrans will continue working hand in hand with its members to shape a brighter future for the industry and contribute to the seamless flow of global trade. Contact Info:Name: Oliver LiuEmail: liurunze@ JCtrans Co., Disclaimer: This content is provided by the JCtrans Co., Ltd.. The statements, views, and opinions expressed in this column are solely those of the content provider. The information shared in this press release is not a solicitation for investment, nor is it intended as investment, financial, or trading advice. It is strongly recommended that you conduct thorough research and consult with a professional financial advisor before making any investment or trading decisions. Please conduct your own research and invest at your own risk. A photo accompanying this announcement is available at in to access your portfolio
