Inc. , a leading global provider of Machine-to-Machine and Internet of Things communication solutions, to equip its 90,000-plus intermodal and over-the-road trailing fleets with end-to-end tracking and monitoring. ORBCOMM will provide J.B. Hunt a comprehensive telematics solution that gives visibility to the location and status for multiple classes of trailing equipment.
Category: Trucking
5 Key Conclusions for United Parcel Service Investors From FedEx Corporation Earnings
Here’s a look at five things from the earnings presentation that give clues to what UPS will report in its next earnings. Both companies have had issues dealing with peak demand during Christmas, most notably with UPSin the winters of 2013 and 2014.
FedEx Profit Disappoints as Ground-Delivery Spending Rises
FedEx Corp.’s second-quarter profit fell short of analysts’ estimates as the operator of the world’s biggest air-freight carrier boosted investment in a complementary business: ground delivery. Operating income fell 12 percent in the ground operation as spending on network expansion fueled a rise in costs, FedEx said in a statement Tuesday.