Freight agents work as independent contractors and manage the flow of goods. The work they perform is crucial to ensuring businesses have the items they need to remain operational since Read more
Tag: freight
A Typical Day in the Life of a Freight Broker
Freight brokers act as intermediaries by arranging for the transportation of cargo between shippers and motor carriers. The freight broker then receives a commission for his or her matchmaking skills. Read more
Shipping giant A.P. Moeller-Maersk says it’s clear that freight rates have peaked
Shipping giant A.P. Moeller-Maersk on Wednesday said it’s clear that freight rates have peaked as it produced another surge in third-quarter profit. The company MAERSK.B, -6.13% AMKBY, +1.53% said its Read more
Shipping giant A.P. Moeller-Maersk says it’s clear that freight rates have peaked
Shipping giant A.P. Moeller-Maersk on Wednesday said it’s clear that freight rates have peaked as it produced another surge in third-quarter profit. The company MAERSK.B, -5.48% AMKBY, +1.53% said its Read more
The Ratings Game: After rail strike averted, chance for ‘freight recession’ should still spook investors, analysts say
Railroad operators CSX Corp. and Norfolk Southern Corp. were hit a downgrade from Susquehanna on Wednesday, with analysts citing bigger profit risk to rails operating in the eastern U.S., lingering Read more
Stocks to Watch: FedEx, Jabil, Red Hat are stocks to watch
Among the companies whose shares are expected to see active trade in Wednesday’s session are FedEx, Jabil Circuit, and Red Hat.