morgan stanley

Analysts all in on transportation stocks; transition to services spending no threat

Transport stocks looking up, according to analysts

A couple of bullish reports this week highlight reasons to favor transportation stocks moving forward. The outlooks call for favorable freight fundamentals around demand, utilization and pricing to remain in place for the foreseeable future.

Consumer demand not likely to wane anytime soon

UBS (NYSE: UBS) transportation analyst Tom Wadewitz said he sees a “perfect storm” for freight demand, pointing to tight capacity, inventory rebuilding and a steady stream of stimulus money. “The combination of...

https://www.freightwaves.com/news/analysts-lean-in-on-transport-stocks-spending-on-services-not-a-threat

Höegh LNG To ‘Amalgamate’ With MSIP Funds

Höegh LNG Holdings Ltd. has recommended offer by Leif Höegh & Co. Ltd. and Funds managed by Morgan Stanley Infrastructure Partners through a 50/50 joint venture, Larus Holding Limited, reads the company press release.

Acquisition of outstanding shares

The offer is to acquire the remaining issued and outstanding shares of the Company not currently owned by LHC or its affiliates, representing approximately 50.4% of the shares outstanding, by way of amalgamation between Larus Limited, a subsidiary...

https://mfame.guru/hoegh-lng-to-amalgamate-with-msip-funds/

Self-driving truck technology startup TuSimple nears stock offering

Self-driving truck technology developer TuSimple expects to file a prospectus to sell public stock as soon as next week, according to published reports and people close to the situation.

The company, with offices in San Diego and Beijing, has 50 Level 4 autonomous trucks running paid freight in Southwestern states. Those trucks still have a safety driver who can assume control of the vehicle if necessary. TuSimple is partnering with Navistar International Corp. (NYSE: NAV) to sell a long-haul...

https://www.freightwaves.com/news/self-driving-truck-technology-startup-tusimple-nears-stock-offering

Uber’s shares sag on report of large sale

Uber has made several moves to tidy the balance sheet and sustain its commitment to Uber Freight

Shares of Uber Technologies (NYSE: UBER) sank 5% Friday on a report that Goldman Sachs (NYSE: GS) is looking to unload 38 million shares in a block trade.

According to a midday Seeking Alpha brief, the shares up for sale are being offered between a range of $53.90 and $56.13, a 4% discount to Thursday’s closing price at the low end of the range.

A potential seller (or sellers) was not identified but the update referenced the likely candidates could include large holders like SoftBank (OTC US:...

https://s29755.pcdn.co/news/uber-shares-sag-on-report-of-large-sale

2021 trucking outlook comes into focus

Analysts call their shots for trucking in 2021

Several analysts have published transportation outlook reports for 2021 that are calling for continued strength in the trucking markets. Some are expecting the favorable truckload fundamentals that were in place in the back half of 2020 to continue unchanged though 2021. However, others believe the TL trade has grown long in the tooth and are pivoting to a more meaningful industrial recovery, which supports an improving freight environment for less-than-truckload carriers and the railroads.

Poten...

https://s29755.pcdn.co/news/2021-trucking-outlook-comes-into-focus

Commentary: AI, machine learning generate insights on global ag for Gro Intelligence

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

In this installment of the AI in Supply Chain series (#AIinSupplyChain), we explore how Gro Intelligence, an early stage startup based in New York City, is helping companies in the global agricultural industry gain better insights and make more accurate forecasts based on the AI and machine learning models it is deploying on its data platform.

Gro Intelligence —...

https://www.freightwaves.com/news/commentary-ai-machine-learning-generate-insights-on-global-ag-for-gro-intelligence

ZIM appoints new BoD chairman

ZIM Integrated Shipping Services has announced the appointment of Yair Seroussi as the company’s chairman of the Board of Directors (BoD).

Seroussi’s nomination as a member of the ZIM board was approved in a shareholders meeting held on 15 October. He will replace Aharon Fogel, who is stepping down after serving more than six years as the chairman of the Israeli shipping company.

Yair Seroussi has served in various senior positions in both the public and private sectors. He was the chairman of...

https://container-news.com/zim-appoints-new-bod-chairman/

Επενδύσεις $50 τρις απαραίτητες για ένα καθαρότερο περιβάλλον

Καθώς ο πλανήτης εκπέμπει SOS, χρειάζονται γενναίες επενδύσεις $50 τρις σε πέντε τομείς της τεχνολογίας έως το 2050, προκειμένου να περιοριστούν οι επιβλαβείς αέριες εκπομπές και να επιτευχθούν οι στόχοι της Συμφωνίας του Παρισίου, σημειώνει σε πρόσφατη έκθεσή της η Morgan Stanley.

Για τον εκμηδενισμό των εκπομπών άνθρακα, οι αέριες εκπομπές διοξειδίου του άνθρακα θα πρέπει να μειώνονται ετησίως κατά 53,5 δις μετρικούς τόνους, όπως αναφέρεται στην έκθεση. Ο τραπεζικός κολοσσός επισημαίνει στο...

https://www.naftikachronika.gr/2019/11/01/ependyseis-50-tris-aparaitites-gia-ena-katharotero-perivallon/

+ More
Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon
By subscribing, you agree with our privacy policy and our terms of service.