DEUTSCHE BANK

Should we stay or should we go?

The baseball legend Yogi Berra once said that “when you get to the fork in the road, take it.” The analogy is far from perfect, but that may be the situation that Brad Jacobs eventually finds himself in.

With word out over the weekend that XPO Logistics, Inc. (NYSE:XPO), the company Jacobs founded less than a decade ago, had put out feelers for its European supply chain business, the debate has begun over the best way for Jacobs and his board to maximize shareholder value. Should XPO sell the...

https://www.freightwaves.com/news/should-we-stay-or-should-we-go

‘Parcels are back!’ FedEx blows away fiscal first-quarter estimates

FedEx Corp. (NYSE:FDX) posted fiscal 2021 first-quarter results that exploded past analyst estimates, sending shares soaring in after-hours trading Tuesday.

The Memphis, Tennessee-based company posted diluted earnings per share of $4.72 on a GAAP basis and $4.87 a share on an adjusted, non-GAAP basis. In its fiscal 2020 first quarter, diluted EPS came in at $2.84 on a GAAP basis and $3.05 on a non-GAAP basis. The company’s first quarter ended Aug. 31.

Revenue jumped to $19.3 billion from $17...

https://www.freightwaves.com/news/parcels-are-back-fedex-blows-away-fiscal-first-quarter-estimates

Analysts continue to raise the bar for trucking companies

Old Dominion double next to truckload rig on highway

Another equity research analyst has pulled up earnings estimates for trucking companies. Citing recent conversations with management teams from several transportation companies, Deutsche Bank (NYSE: DB) analyst Amit Mehrotra raised his earnings per share (EPS) forecasts for the rest of 2020 and all of 2021 on the carriers he follows.

“The bottom line is we expect Transportation results to be very strong across the board, with likely more to come over the course of the next several quarters,”...

https://s29755.pcdn.co/news/analysts-continue-to-raise-outlooks-for-trucking-companies

Geofencing data: Less-than-truckload boost carries into June

Old Dominion and UPS Freight trucks at facility

Less-than-truckload (LTL) volumes continued to improve throughout May and into the first week of June, said Deutsche Bank (NYSE: DB) analyst Amit Mehrotra in a note to clients.

He reported that in the first week of June, LTL activity levels improved 7% versus the average levels seen in May and were up 8% compared to the last week of May. Mehrotra believes that Old Dominion Freight Line (NASDAQ: ODFL) and SAIA (NASDAQ: SAIA) outperformed the average increase and UPS (NYSE: UPS) and YRC Worldwide (

https://s29755.pcdn.co/news/geofencing-data-less-than-truckload-boost-carries-into-june

Deutsche Bank sees some winners as earnings season approaches

Werner truck on highway

In a report to clients, Deutsche Bank (NYSE: DB) analyst Amit Mehrotra views the outlook for transportation equities as “favorable” heading into the second quarter earnings season.

He said transportation demand bottomed in late April with a slow but steady recovery since. Citing recent conversations with management teams at a dozen transportation companies and a sequentially improving demand backdrop, Mehrotra initiated favorable “catalyst calls” on Werner Enterprises (NASDAQ: WERN), XPO...

https://s29755.pcdn.co/news/deutsche-bank-sees-some-winners-as-earnings-season-approaches

Tech tracking: FourKites unveils dynamic ETA product for LTL shipments

FourKites launches ETA solution for LTL shipping

While Amazon (NASDAQ: AMZN) and its shipping partners like UPS (NYSE: UPS) and FedEx (NYSE: FDX) are able to tell customers where their package is at all times, the reality for most less-than-truckload (LTL) shipping is somewhat more complex. Multiple stops, drops and pickups, along with traffic and last-minute schedule changes impact the ability to provide narrow delivery windows for LTL customers.

Citing a data science breakthrough and the large volume of data from loads within its system,...

https://s29755.pcdn.co/news/tech-tracking-fourkites-unveils-dynamic-eta-product-for-ltl-shipments

April the bottom for less-than-truckload?

Old Dominion triple on highway

Old Dominion Freight Line (NASDAQ: ODFL) reported a 16.2% year-over-year decline in revenue per day during May as tonnage declined 12.1% and revenue per hundredweight, or yield, moved lower.

The less-than-truckload (LTL) carrier reported the May tonnage decline was the combination of a 16.7% decline in shipments, partially offset by a 5.4% increase in weight per shipment.

So far through the second quarter of 2020, revenue per hundredweight is down 4.7% year-over-year, 1.4% lower excluding fuel...

https://s29755.pcdn.co/news/april-the-bottom-for-less-than-truckload

Q&A: Why Amit Mehrotra is still (very) bullish on transport stocks

amit mehrotra

COVID-19 is a game-changer for every link in the transport chain, from cargo ships to trucks, trains and air freighters. Amit Mehrotra, the managing director of air freight, surface transportation and shipping at Deutsche Bank (NYSE: DB), is one of the rare professionals who covers the entire gamut.

During a lengthy interview with FreightWaves on Monday, Mehrotra opined on coronavirus consequences for the world’s supply chains and explained why he believes some transport companies will see stock...

https://www.freightwaves.com/news/qa-why-amit-mehrotra-is-still-very-bullish-on-transport-stocks

Η «ιαπωνοποίηση» απειλεί την Ευρωζώνη

Από την ίδια παγίδα της παρατεταμένης αναιμικής ανάπτυξης και του χαμηλού πληθωρισμού όπου έχει πέσει η οικονομία της Ιαπωνίας απειλείται και η οικονομία της Ευρωζώνης.

Σε έρευνα που δημοσιεύει η Deutsche Bank σημειώνεται ότι η οικονομία της Ευρωζώνης βρίσκεται αντιμέτωπη με μια μακρά περίοδο ταυτόχρονης χαμηλής ανάπτυξης και πληθωρισμού ή, αλλιώς, «ιαπωνοποίηση».

Ο Chief Investment Officer της γερμανικής τράπεζας, Markus Mueller, αναφέρει σχετικά ότι «καθώς οι υφιστάμενες στρατηγικές επιλογές...

https://www.naftikachronika.gr/2020/02/01/i-iaponopoiisi-apeilei-tin-evrozoni/

Σε μαζικές απολύσεις προχωρά η Deutsche Bank

Την μείωση του προσωπικού της κατά 18.000 θέσεις εργασίας ανακοίνωσε πρόσφατα η Deutsche Bank στο πλαίσιο της μεγάλης αναδιοργάνωσης της τράπεζας.

Σκοπός της γερμανικής τράπεζας είναι να μειώσει το ανθρώπινο δυναμικό της στους 74.000 εργαζομένους έως το 2022 με το συνολικό κόστος αναδιοργάνωσης να εκτιμάται ότι θα ανέλθει στα 7,4 δις ευρώ για τα επόμενα τρία χρόνια.

Σύμφωνα με διεθνή μέσα, η Deustche Bank, παρά το γεγονός ότι δεν έχει γνωστοποιήσει την γεωγραφική κατανομή των περικοπών, είναι...

https://www.naftikachronika.gr/2019/07/10/se-mazikes-apolyseis-prochora-i-deutsche-bank/

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