Check Call: Data is everywhere

Hot Take

Image: memecrunch.com

Getting useful metrics that actually help provide an accurate picture of what is happening can be challenging. Metrics can simply be on-time rates, bounce percentages and visibility. Or they can get more in-depth with margin, revenue and service per carrier/shipper. 

Scorecards for carriers, shippers and brokers aren’t going anywhere. They’re here to stay and through some proper planning and development, you can make them work for you. 

Using the data collected...

https://www.freightwaves.com/news/check-call-data-is-everywhere

What is operating ratio?

A photograph of a train locomotive and a truck trailer.Just what is operating ratio?

Operating ratio (OR) is a way for investors to compare the financials of one company against its peers. Investors use OR to gauge whether a company is generating sufficient profits. 

The formula to calculate OR is to divide a company’s operating expenses by its revenue. Put differently, it is one minus the operating margin percentage. For example, a 20% operating margin is the equivalent of an 80% operating ratio. Operating expenses include items such as fuel,...

https://s29755.pcdn.co/news/what-is-operating-ratio

Greenbrier optimistic for back-half recovery

A photograph of two parked tank cars inside a building.

Railcar manufacturer Greenbrier (NYSE: GBX) is eyeing improving market conditions in the second half of this year, which the company hopes will boost production rates and sales levels at the end of its fiscal year 2021 and into 2022.

Greenbrier on Tuesday reported a net loss of $9.1 million, or 28 cents per share, in the second quarter of its 2021 fiscal year, compared with a net loss of $10 million, or 30 cents per share, in the first quarter of the 2021 fiscal year (see below).

Greenbrier CEO...

https://www.freightwaves.com/news/greenbrier-optimistic-for-back-half-recovery

American Airlines gets Q3 boost from cargo as yields pop

A silver American Airlines jet with flag-pained tail moves down taxiway.

American Airlines (NASDAQ: AAL) stepped up its cargo game in the third quarter on the strength of an 83.6% jump in cargo yield that helped the company’s overall results beat investors’ expectations. Cargo revenue was essentially equal to a year ago despite operating a stripped-down network.

American said Thursday it lost $2.8 billion in the third quarter, excluding special charges, compared to the year-ago period — an improvement from the $3.4 billion it lost in the second quarter as it came to...

https://s29755.pcdn.co/news/american-airlines-gets-q3-boost-from-cargo-as-yields-pop