KeyBanc
The XPO-GXO spinoff saga: `See you at the crossroads’
Brad Jacobs hasn’t been denied much during what has been one of the most accomplished business careers of the past 40 years. What Jacobs has wanted, he’s taken, judging by his founding of five billion-dollar businesses, three of which became very successful publicly traded companies.
Yet what has eluded Jacobs in the 10 years since he founded XPO Logistics Inc. (NYSE:XPO), one of those billion-dollar babies, is having his company mentioned in the same breath as Old Dominion Freight Line Inc....
https://www.freightwaves.com/news/the-xpo-gxo-spinoff-saga-see-you-at-the-crossroads
Drilling Deep: Diesel in the wake of Colonial; KeyBanc’s Fowler on Q1
On this week’s Drilling Deep, host John Kingston talks about how diesel markets fared during the shutdown of the Colonial Pipeline.
There was so much focus on gasoline supplies, gasoline lines and the hoarding that created those issues that it raises the question: How did diesel do during this unprecedented time?
Also on this week’s podcast, Kingston is joined by Todd Fowler of KeyBanc. Fowler sits in on Drilling Deep every other quarter to talk about what earnings said about the state of the...
https://www.freightwaves.com/news/drilling-deep-diesel-in-the-wake-of-colonial-keybancs-fowler-on-q1
Weather upends ArcBest’s quick start to 2021
Logistics provider ArcBest Corp. (NASDAQ: ARCB) announced in its annual 10-k filing with the Securities and Exchange Commission that severe winter weather has impacted first-quarter results.
The company’s asset-based segment, which includes less-than-truckload operations, saw a strong start to 2021, with January revenue per day increasing 10.7% year-over-year as tonnage moved 6.6% higher. However, winter storms during February resulted in a reversal in tonnage trends.
Quarter-to-date through late...
https://s29755.pcdn.co/news/february-weather-reverses-arcbests-strong-january-tonnage-growth
The Daily Dash: Earnings insight; Hyliion declines revenue for its early products
The Daily Dash is a quick look at what is happening in the freight ecosystem. In today’s edition, Todd Fowler, lead transportation analyst at KeyBanc, talks third-quarter earnings. Plus, Hyliion is not recording any revenue from its propulsion system and Wall Street is OK with that, and carriers continue to dominate as retail peak hits.
Inside the numbersThird-quarter earnings are in, and the trucking sector performed quite well. Todd Fowler, lead transportation analyst at KeyBanc, shares some...