Universal Logistics Hldgs Azioni (NASDAQ: ULH)

Ultime notizie per Universal Logistics Hldgs (NASDAQ:ULH) Azioni

Universal Logistics Hldgs

Universal Logistics Holdings Inc is an asset-light provider of customized transportation and logistics solutions throughout the United States, and in Mexico, Canada and Colombia. It offers services such as truckload, brokerage, intermodal, dedicated, and value-added services. The company reports into four segments namely trucking, intermodal, company-managed brokerage, and contract logistics. The majority of the revenue is earned from the contract logistics segment.

Universal Logistics Holdings, Inc. - Common Stock

Universal Logistics Holdings Inc

Truist Securities analyst Scot Ciccarelli maintains Best Buy Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) with a Hold and lowers the price target from $107 to $95.

News

Price Target

Analyst Ratings

Truist Securities Maintains Hold on Best Buy Co, Lowers Price Target to $95

Guidance

Global

Bank Of America's Mexico CEO Says Company Expects To Double Revenue And Client Volume In Mexico In 5 Years

Truist Securities analyst William Stein maintains Analog Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) with a Hold and lowers the price target from $233 to $227.

Truist Securities Maintains Hold on Analog Devices, Lowers Price Target to $227

Scotiabank analyst Ovais Habib upgrades Orla Mining (TSX:<a class="ticker" href="https://www.benzinga.com/stock/OLA#TSX">OLA</a>) from Sector Perform to Sector Outperform and raises the price target from C$6 to C$7.75.

Upgrades

TSX:OLA

Scotiabank Upgrades Orla Mining to Sector Outperform, Raises Price Target to C$7.75

Needham analyst James Ricchiuti maintains Symbotic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYM#NASDAQ">SYM</a>) with a Buy and lowers the price target from $46 to $35.

Needham Maintains Buy on Symbotic, Lowers Price Target to $35

Keybanc analyst Ken Newman downgrades Symbotic (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYM#NASDAQ">SYM</a>) from Overweight to Sector Weight.

Downgrades

Keybanc Downgrades Symbotic to Sector Weight

JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) CEO <a href="https://www.benzinga.com/general/politics/24/10/41192406/jamie-dimon-rejects-trump-endorsement-claim-casting-doubt-on-treasury-rumors">Jamie Dimon</a> is optimistic about President-elect Donald Trump's plans to cut back on regulations and he says <a href="https://www.benzinga.com/24/11/42029764/global-banks-jp-morgan-goldman-sachs-add-to-bitcoin-ethere-etf-positions-in-q3-morgan-stanley-increases-microstrategy-stake-to-16b">Wall Street bankers</a> are thrilled. In a recent talk during the APEC CEO Summit in Peru, Dimon said that the industry is <a href="https://www.benzinga.com/content/42151857/top-3-financial-stocks-set-to-gain-from-looser-regulations">hopeful that Trump's win will result in less red tape</a>, allowing banks to do more of what they do best: lend money.
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"A lot of bankers, they're like dancing in the street because they've had successive years and years of regulations, a lot of which stymied credit," Dimon said. His point is that all the rules implemented over the past years have made it harder for banks to lend money, impacting businesses and the overall economy.
<h2 class="wp-block-heading">Regulations That Hold Banks Back</h2>
Dimon explained that banks in the U.S. used to lend out $100 for every $100 in deposits they held. But now, with all the restrictions, they only lend about $65 for every $100 in deposits. He feels that tougher laws have made it difficult for banks to perform their functions and that reducing these rules could help.
"If that's what you want, if for some reason the regulators think they're geniuses and that's the best way to run the banking system, so be it," Dimon said. He also pointed out that regulators likely didn't anticipate the negative effect that their rules would have on credit and lending.
See Also: The global games market is projected to generate $272B by the end of the year —<a href="https://www.benzinga.com/money/gameflip"> for $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market.</a>
<h2 class="wp-block-heading">Why Banking Regulations Are Important</h2>
Banking regulations were put in place primarily to ensure the stability and safety of the financial system, protect consumers and prevent reckless behavior that could lead to economic crises. After the 2008 financial crisis, regulations were tightened to reduce the risks banks could take with their lending and investment practices. These rules are crucial in maintaining trust in the banking sector, preventing <a href="https://www.benzinga.com/personal-finance/24/11/41949050/bill-gates-warned-the-u-s-will-experience-another-2008-style-financial-crisis-he-cant-predict-when-but-says-this-is-a-certainty">another financial meltdown</a> and ensuring that banks operate responsibly without jeopardizing the broader economy.
Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing —<a href="https://www.benzinga.com/money/boxabl"> you can become an investor for $0.80 per share today.</a>
<h2 class="wp-block-heading">Hope for Change</h2>
Dimon applauded Trump's intentions to streamline government and reduce the regulatory burden, highlighting that the right changes could help bankers and many industries. "You could talk to any industry and they'll give you examples of regulations that could be reduced to make it easier for them to do business while keeping the country safe," Dimon added.
Trump has already started putting together a team to tackle these issues. He recently announced that Tesla CEO Elon Musk and pharma entrepreneur Vivek Ramaswamy would lead the Department of Government Efficiency (DOGE), a new task force focused on <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42035165/coinbase-ceo-brian-armstrong-says-doge-department-is-a-once-in-a-lifetime-opprtunity-advocates-abolishing-individual-income-tax">cutting down excessive regulations</a>. The goal is to reduce wasteful government spending and restructure federal agencies.
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</ul>

Startups

Jamie Dimon Says Trump's Plans To Loosen Regulations Have Bankers 'Dancing In The Street'

When the Drug Enforcement Administration <a href="https://www.benzinga.com/markets/cannabis/23/07/33156524/dea-turns-50-unveiling-the-ineffectiveness-of-the-ongoing-war-on-drugs-now-what">marked its 50th anniversary </a>last year, it had spent over $1 trillion partly to enforce Richard Nixon's 1970 Controlled Substances Act, the cornerstone of his <a href="https://www.benzinga.com/topic/war-on-drugs">War on Drugs</a>, which is widely viewed as a failure.
Now, doesn't this sound like the type of government agency President-elect Donald Trump's new Department of Government Efficiency&nbsp;(DOGE) might want to take a closer look at? The DOGE <a href="https://www.benzinga.com/news/global/24/11/41927289/trump-appoints-elon-musk-and-vivek-ramaswamy-to-lead-doge-targeting-bureaucracy-and-65-trillion-federal-spending-we-will-not-go-gently">initiative</a>, co-led by Elon Musk and Vivek Ramaswamy, is meant to focus on dismantling bureaucracy, reducing regulations and cutting wasteful expenditures.
Both Musk and Ramaswamy have publicly acknowledged they are in favor of legalizing cannabis. In fact, so has <a href="https://www.benzinga.com/markets/cannabis/24/10/41370277/donald-trump-appears-in-florida-cannabis-legalization-campaign-ad-discussing-his-support-for-leg">Trump for that matter</a>.
Read Also: <a href="https://www.benzinga.com/24/11/42173101/dea-denies-allegations-of-unlawful-talks-with-anti-marijuana-group">DEA Denies Allegations Of Colluding With Anti-Marijuana Group While Involved In Cannabis Rescheduling Process</a>
Meanwhile, the DEA, health officials and interested cannabis advocates are taking part in at times contentious <a href="https://www.benzinga.com/topic/cannabis-rescheduling" target="_blank" rel="noreferrer noopener">marijuana rescheduling pre-hearings</a> this week with the formal meeting scheduled to begin Dec. 2. The hearings stem from <a href="https://www.benzinga.com/markets/cannabis/23/08/34126690/hhs-secretary-confirms-it-is-recommending-cannabis-be-rescheduled-per-bidens-directive">President Joe Biden&#8216;s August 2023 directive</a> to downgrade the status of cannabis in the Controlled Substances Act (CSA).
The CSA, signed by Nixon in 1970, classifies drugs and sets criminal penalties for their use, possession and distribution.
While he was at it, Nixon launched the War on Drugs, which actually turned out to be an assault on anti-Vietnam-war protestors and the Black community.
How do we know that, you might ask? Someone who helped Nixon pull the project together named names.
<h2 class="wp-block-heading">John Ehrlichman Spills The Beans</h2>
"The Nixon campaign in 1968, and the Nixon White House after that, had two enemies: the antiwar left and black people," Nixon's top adviser, John Ehrlichman told the writer Dan Baum in a 1994 interview that Baum later used in a Harper's Magazine <a href="https://harpers.org/archive/2016/04/legalize-it-all/">article</a>. 
&#8220;We knew we couldn't make it illegal to be either against the war or blacks, but by getting the public to associate the hippies with marijuana and blacks with heroin, and then criminalizing both heavily, we could disrupt those communities,&#8221; said Ehrlichman who died in 1999. 
&#8220;We could arrest their leaders, raid their homes, break up their meetings, and vilify them night after night on the evening news. Did we know we were lying about the drugs? Of course, we did."
<h2 class="wp-block-heading">DEA&#8217;s Changing Attitude </h2>
The DEA&#8217;s focus, having shifted from its strident anti-marijuana goals, now includes among other things <a href="https://www.benzinga.com/markets/cannabis/24/01/36707665/dea-seizes-largest-amount-of-fentanyl-in-its-history-386m-lethal-doses-enough-to-kill-every-amer">stemming the flow </a>of fentanyl into the U.S.
Nevertheless, Musk and Ramaswamy, with scientific research confirming the health benefits of cannabis and the fact that it&#8217;s legal in some form in 40 states, it might be the moment to cut back on an agency that <a href="https://www.gao.gov/products/gao-23-105508">continues to spend</a> billions on punitive actions against a substance both you and <a href="https://www.benzinga.com/markets/cannabis/24/03/37964845/9-out-of-10-americans-support-some-form-of-legal-cannabis-pew-research-center-finds">nearly 80% of the U.S. population</a> either partake in or believe should be legal. What do you say, gentlemen?
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</ul>
Photo: Shutterstock.

Cannabis

Government

Politics

Legal

Opinion

Exclusives

Elon Musk, Vivek Ramaswamy: Here's An Agency You Might Want To Cut Back On And Save $40 Billion A Year

TD Cowen analyst Daniel Bergman maintains MetLife (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MET#NYSE">MET</a>) with a Buy and raises the price target from $97 to $99.

TD Cowen Maintains Buy on MetLife, Raises Price Target to $99

Amphenol's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APH#NYSE">APH</a>) short percent of float has risen 29.81% since its last report. The company recently reported that it has 14.23 million shares sold short, which is 1.35% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.06 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Amphenol Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732725921_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Amphenol has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Amphenol's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Amphenol's peer group average for short interest as a percentage of float is 3.90%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

Trading Ideas

Looking Into Amphenol's Recent Short Interest

Select Medical Hldgs's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEM#NYSE">SEM</a>) short percent of float has fallen 11.22% since its last report. The company recently reported that it has 1.79 million shares sold short, which is 2.69% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.15 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Select Medical Hldgs Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732725917_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Select Medical Hldgs has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Select Medical Hldgs's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Select Medical Hldgs's peer group average for short interest as a percentage of float is 4.11%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

(SEM) - Analyzing Select Medical Hldgs's Short Interest

Summit Materials's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SUM#NYSE">SUM</a>) short percent of float has fallen 14.2% since its last report. The company recently reported that it has 3.19 million shares sold short, which is 2.96% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.07 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Summit Materials Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732725911_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Summit Materials has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.
<h3>Comparing Summit Materials's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Summit Materials's peer group average for short interest as a percentage of float is 2.28%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Looking Into Summit Materials's Recent Short Interest

Raymond James analyst Sean McCutcheon initiates coverage on enGene Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENGN#NASDAQ">ENGN</a>) with a Outperform rating and announces Price Target of $23.

Initiation

ENGN

Raymond James Initiates Coverage On enGene Holdings with Outperform Rating, Announces Price Target of $23

Following a private artificial intelligence discussion at Capitol Hill last year,&nbsp;Palantir Technologies Inc&nbsp;(NYSE:&nbsp;<a href="https://www.benzinga.com/stock/pltr#NYSE">PLTR</a>) CEO&nbsp;Alex Karp&nbsp;publicly discussed the&nbsp;<a href="https://www.benzinga.com/news/23/09/34505513/leading-ai-companies-get-serious-about-managing-risks">potential dangers of AI</a>.
What Happened:&nbsp;In a September 2023 interview on CNBC&#8217;s &#8220;Squawk On The Street,&#8221; Karp called on other tech companies to work with the government on their AI initiatives.
&#8220;The Silicon Valley motto has been &#8216;I get rich, you get nothing,&#8217; and they obviously often have extended that to the U.S. government,&#8221; Karp said.&nbsp;
Palantir was embarrassing other people in AI when it came to working with the government, Karp said slyly. The company was involved in talking with legislators and helping them understand that way too few dollars are <a href="https://www.benzinga.com/topic/ai">being spent on AI.</a>
The Palantir chief noted&nbsp;Palantir was one of the only companies since the 1950s that has produced government products which&nbsp;are commercially in high demand.
The overarching discussion at a recent closed meeting with senators involved figuring out how to advance AI while simultaneously mitigating risks, Karp explained.&nbsp;
&#8220;What happens if&nbsp;generative AI becomes so powerful that in fact, it is a risk to humankind?&nbsp;That is a real issue,&#8221; he said.
Furthermore, we [the U.S.] must make sure our adversaries, namely Russia and China, don&#8217;t develop tools that are vastly superior to ours and change the world order, he added.&nbsp;
Karp suggested&nbsp;the discussions were very productive. It&#8217;s easier to get people to &#8220;go naked&#8221; in private because you can say what you believe without facing public scrutiny, he said.&nbsp;
&#8220;There was a super heterogeneous group of people there from union leaders to tech leaders. Among tech leaders you have kind of more corporate-y people, then you have the freak show,&#8221; Karp said referring to himself.&nbsp;
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/42200429/elon-musk-is-responsible-for-palantir-stock-rally-jim-cramer-says">Elon Musk Is Responsible For Palantir Stock Rally, Jim Cramer Says</a>
Why It Matters:&nbsp;Karp sat next to&nbsp;Tesla Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO&nbsp;Elon Musk&nbsp;at the&nbsp;closed-door U.S. Senate discussion&nbsp;on&nbsp;regulating AI.
He told CNBC that he and Musk discussed the future of AI and its potential risks to humanity. He was unwilling to share Musk&#8217;s comments, but he shared what he told Musk.&nbsp;
&#8220;There&#8217;s&nbsp;those that think AI is safe and&nbsp;those that think it&#8217;s dangerous. I&#8217;m in the third camp which is it is dangerous and if we don&#8217;t actually&nbsp;work on it, our adversaries will and we will lose all of our human rights — that was my position,&#8221; Karp said.&nbsp;
In an excerpt from Musk&#8217;s biography, author&nbsp;Walter Isaacson&nbsp;revealed that in a&nbsp;<a href="https://www.benzinga.com/news/23/09/34328862/inside-elon-musks-secret-life-biography-reveals-ai-worries-photo-of-twins-ignites-family-drama">secretive meeting between him and the billionaire</a>,&nbsp;Musk pondered what could be done to make AI safe, including actions that could be taken to &#8220;assure that human consciousness survives.&#8221;
&#8220;Musk somberly speculated about the window of opportunity for building a sustainable human colony on Mars before an AI apocalypse destroyed earthly civilization,&#8221; Isaacson wrote.&nbsp;
The Tesla CEO&nbsp;<a href="https://www.benzinga.com/news/23/07/33202228/elon-musk-quietly-launches-xai-amid-bid-to-decode-universe">launched X.ai</a> with the goal of understanding the &#8220;true nature of the universe.&#8221; Musk has openly&nbsp;<a href="https://www.benzinga.com/news/23/09/34659019/elon-musks-caution-for-openai-googles-gemini-ai-musk-and-zuckerbergs-truce-top-ai-stories-this-week">expressed his concerns</a>&nbsp;about the future of AI several times, including in various posts on the X platform.&nbsp;
Karp said that he shares the same opinions both privately and publicly.
&#8220;There&#8217;s a real risk here, but the upside is that America will outperform all other Western countries because we produce the technology, we have&nbsp;legal structures that allow us to implement it and we have the best talent and we are the most innovative,&#8221; Karp said.
Read Next: 
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<li><a href="https://www.benzinga.com/markets/24/11/42179988/dan-ives-defends-75-palantir-target-amid-ai-revolution-and-revenue-surge-haters-will-continue-to-hate">Dan Ives Defends $75 Palantir Target Amid AI Revolution And Revenue Surge: &#8216;Haters Will Continue To Hate&#8217;&nbsp;</a></li>
</ul>
Photo: <a href="https://www.flickr.com/photos/worldeconomicforum/" target="_blank" rel="noreferrer noopener">World Economic Forum</a> on Flickr and Shutterstock.
Some elements of this story were previously reported by Benzinga and it has been updated.

Tech

General

PLTR

TSLA

'It Is Dangerous': Palantir Chief Alex Karp, Elon Musk Sound Alarm On AI — Is Anyone Listening?

Piper Sandler analyst Crispin Love maintains Virtus Inv (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRTS#NYSE">VRTS</a>) with a Overweight and raises the price target from $264 to $274.

VRTS

Piper Sandler Maintains Overweight on Virtus Inv, Raises Price Target to $274

VCIG

VCI Global Shares Halted On Circuit Breaker To The Upside, Stock Now Up 269.3%

Greenway Greenhouse Cannabis Corporation (CSE:<a class="ticker" href="https://www.benzinga.com/stock/GWAY#CSE">GWAY</a>) (OTCQB:<a class="ticker" href="https://www.benzinga.com/stock/GWAYF#OTCQB">GWAYF</a>) reported on Wednesday its second-quarter interim financial statements for the three months ended Sept. 30, 2024.
The Canadian cultivator of high-quality greenhouse cannabis reported a 52% year-over-year increase in revenue to CA$1.8 million ($1.3 million). Moreover, for the first half of the fiscal year, Greenway&#8217;s net revenue increased by 78% compared to the same period in 2023.
CEO Jamie D&#8217;Alimonte highlighted the company&#8217;s revenue growth, product performance and ongoing commitment to quality cannabis production in a press release issued Wednesday.
&#8220;We have also seen our MillRite brand maintain itself as the #2 ranked pre-roll in its size category, while achieving the #2 Indica and Sativa pre-roll in the size category over the same time," D&#8217;Alimonte said. "Quarter over quarter, we have seen the total number of units sold increase by over 70%. Our plan to deliver high-quality, affordable products to Ontario users is working. I look forward to introducing additional SKUs in the New Year.&#8221; Despite reporting a net loss, the company emphasized its strong market position and ongoing improvements as drivers of long-term growth.
Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/08/40604376/greenway-cannabis-co-doubles-q1-net-revenue-yoy-highest-adjusted-ebitda-results-to-date">Greenway Cannabis Co. Doubles Q1 Net Revenue YoY, Highest Adjusted EBITDA Results To Date</a>
<h3 class="wp-block-heading">Q2 Financial Highlights</h3>
<ul>
<li>Gross loss of CA$88,955, down from a gross profit of CA$80,972 in the prior year, reflecting increased production costs and pricing pressures.</li>
<li>Loss and comprehensive loss totaled roughly CA$1 million, up from CA$662,213 loss and comprehensive loss in the same quarter of last year.</li>
<li>Net cash provided by operating activities of CA$743,731 compared to cash used of CA$664,171 in the same quarter of the previous year.</li>
<li>Adjusted EBITDA came in negative at CA$253,010, compared to an adjusted EBITDA loss of CA$ $112,221 in the prior year's period.</li>
</ul>
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Earnings

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Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) shares are trading lower after the company reported worse-than-expected 2025 fiscal-year third-quarter sales results on Tuesday <a href="https://www.benzinga.com//node/42201885">after the bell</a>.
The Details: Dell stock dropped approximately 6.5% following its earnings report on Tuesday and continues to decline on Wednesday morning. The earnings report included sales of $24.37 billion, missing analyst estimates of $24.65 billion but representing a 10% year-over-year increase.
The company broke down its sales further, reporting $11.4 billion from its Infrastructure Solutions Group (ISG) and $12.1 billion from its Client Services Group (CSG). In addition, the company reported adjusted earnings per share of $2.15, beating analyst estimates of $2.05.
&#8220;We continued to build on our AI leadership and momentum, delivering combined ISG and CSG revenue of&nbsp;$23.5 billion, up&nbsp;13%&nbsp;year over year,&#8221; said&nbsp;Yvonne McGill, CFO of Dell. 
&#8220;Our continued focus on profitability resulted in EPS growth that outpaced revenue growth, and we again delivered strong cash performance.&#8221;
On a note, Goldman Sachs remained positive about Dell&#8217;s long-term outlook, citing strong AI server demand and opportunities from a delayed PC refresh cycle expected to materialize in 2025. Goldman highlighted strong AI orders of $3.6 billion, contributing to a $4.5 billion backlog in AI servers.
However, Goldman Sachs acknowledged some short-term challenges, including weaker demand for PCs and a delayed recovery in the PC refresh cycle. The firm also noted that while AI server demand remains strong, Blackwell server shipments could face headwinds from component availability, potentially impacting next quarter's results.
Related Link: <a href="https://www.benzinga.com/insights/options/24/11/42217772/a-closer-look-at-gamestops-options-market-dynamics">A Closer Look at GameStop&#8217;s Options Market Dynamics</a>
DELL Price Action: At the time of publication, Dell stock is trading 12.9% lower at $123.48, according to data from <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>.
Image: Photo via Shutterstock

Movers

DELL

What's Going On With Dell Shares Wednesday?

Piper Sandler analyst Harsh Kumar maintains Analog Devices (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADI#NASDAQ">ADI</a>) with a Neutral and lowers the price target from $235 to $220.

Piper Sandler Maintains Neutral on Analog Devices, Lowers Price Target to $220

Flora Growth Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FLGC#NASDAQ">FLGC</a>) confirmed Tuesday it renewed its sales orders for the Czech Republic and Slovakia through Just Brands UK&#8217;s customer Mirfa s.r.o.
Flora's four-year partnership with Mirfa is valued at a total demand of approximately $500,000 annually. The Florida-based cannabis operator has been supplying Mirfa with JustCBD branded products, including gummies, tinctures and oils.
&#8220;Our long-standing relationships in Europe are a testament to the strength of collaboration and mutual trust," said Clifford Starke, chairman and chief executive officer. "Over the past four years, this partnership has been a part of our European strategy, allowing us to bring premium products to customers in the Czech Republic and Slovakia. We are proud of the value this relationship continues to deliver, both in terms of revenue and brand recognition.&#8221;
The collaboration has established Flora as a supplier in the Czech and Slovakian markets, utilizing its product innovation and compliance expertise alongside Just Brands UK&#8217;s distribution network to deliver products to consumers.
The Czech Republic and Slovakia are among Europe&#8217;s emerging cannabis markets, with increasing consumer acceptance and regulatory progress driving growth opportunities for innovative companies. According to Statista, the Czech CBD market reached $34 million in 2024.
Mirfa is a Czech company specializing in CBD-infused products designed to enhance the well-being of both humans and pets. Its offerings include CBD gummies aimed at improving sleep, reducing stress and alleviating pain, as well as CBD treats formulated to promote calmness and comfort in dogs.
Read Also: <a href="https://www.benzinga.com/news/earnings/24/11/42009295/flora-growth-quarterly-revenue-falls-28-yoy-encouraged-by-president-elect-trump-and-the-potential-of-cannabis-reform">Flora Growth Quarterly Revenue Falls 28% YoY As Expenses Rise</a>
Get Benzinga's exclusive analysis and the top news about the cannabis industry and markets daily in your inbox for free. Subscribe to our newsletter <a href="https://newsletteremail.benzinga.com/subscribe" target="_blank" rel="noreferrer noopener">here</a>. If you're serious about the business, you can't afford to miss out.
<h2 class="wp-block-heading">Flora Growth And International Markets</h2>
Renewed sales orders with Mirfa come on the heels of the company's <a href="https://www.benzinga.com/markets/cannabis/24/11/41720393/flora-growth-inks-medical-marijuana-supply-agreement-with-curaleaf">medical marijuana supply agreement</a> with Curaleaf Holdings (OTCQX:<a class="ticker" href="https://www.benzinga.com/stock/CURLF#OTCQX">CURLF</a>)&#8217;s subsidiary Northern Green Canada, Inc. Under the agreement, Northern Green will supply Flora with medicinal cannabis products that Flora will distribute in the German market.
In October, Flora also signed a <a href="https://www.benzinga.com/markets/cannabis/24/10/41332773/flora-growth-teams-up-with-cannabis-giant-canopy-to-enter-94m-australian-medical-marijuana-marke">distribution agreement</a> with Canopy Growth Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGC#NASDAQ">CGC</a>) for the distribution of Canopy's Storz &amp; Bickel medical line of vaporizers in Australia. Flora&#8217;s subsidiary Australian Vaporizers will be in charge of distribution.
<h2 class="wp-block-heading">Price Action</h2>
Flora Growth shares closed Tuesday market session 2.65% higher at $1.55 per share.
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CURALEAF HLDGS INC by Curaleaf Hldgs Inc.

CURLF

FLGC

Flora Growth Taps Europe's CBD Boom With $500K Czech-Slovak Partnership Renewal

With the e-commerce boom and tech advancements, the logistics sector is flourishing. Amid this, watching fundamentally stable logistics stocks FedEx (FDX), Universal Logistics (ULH), and Radiant Logistics (RLGT) could be a wise move. Keep reading… With evolving consumer preferences, rapid adoption of advanced technologies like AI, IoT, and cloud computing, and an e-commerce boom have positioned the logistics market to witness robust expansion.
Given this backdrop, it could be wise to keep track of logistics stocks like FedEx Corporation (<a href="https://stocknews.com/stock/FDX/">FDX</a>), Universal Logistics Holdings, Inc. (<a href="https://stocknews.com/stock/ULH/">ULH</a>), and Radiant Logistics, Inc. (<a href="https://stocknews.com/stock/RLGT/">RLGT</a>) in light of the e-commerce boom.
The global logistics market is recovering strongly from the repercussions of the COVID-19 pandemic. In the previous year, the <a href="https://www.statista.com/statistics/943517/logistics-industry-global-cagr/">global logistics industry reached a market size</a> of nearly $9.41 trillion. The market is further expected to exceed $14.08 trillion by 2028, broadening the logistics industry scale.
Additionally, with easier access to the internet, convenience, and changing consumer preferences, the e-commerce market has been rapidly growing. The number of users in the <a href="https://www.statista.com/statistics/273957/number-of-digital-buyers-in-the-united-states/">U.S. e-commerce market</a> has been growing each year and is projected to grow continuously from 2024 to 2029, resulting in a total of 60 million users, indicating an increase of 21.9%.
E-commerce logistics is one of the country's fastest-growing industries, surpassing the staggering $1 trillion mark for the first time in 2022. The market continues to grow with rapid technological advancements for integrating logistics through automation. The U.S. e-commerce logistics market is projected to reach $198.39 billion by 2029, growing at a <a href="https://www.mordorintelligence.com/industry-reports/united-states-ecommerce-logistics-market">CAGR of 8.9%</a>.
Besides, new and advanced technologies, including Robotic Process Automation (RPA), cloud computing, and Artificial Intelligence (AI), are replacing weak links and altering the supply chain software market, leading to rapidly changing <a href="https://www.selecthub.com/supply-chain-management/supply-chain-management-future-trends/">supply chain trends</a>. At this time, trends like supply chain as a service (SCaaS), Blockchain, and Cloud SCM solutions are likely to prevail.
Considering these encouraging trends, let's delve deeper into the fundamentals of top <a href="https://stocknews.com/category/air-freight-shipping/">Air Freight &amp; Shipping Services</a> stocks, beginning with number 3.
Stock #3: FedEx Corporation (<a href="https://stocknews.com/stock/FDX/">FDX</a>)
FDX provides transportation, e-commerce, and business services internationally. The company operates through FedEx Express; FedEx Ground; FedEx Freight; and FedEx Services segments. It offers express transportation, small-package ground delivery, freight transportation services, and time-critical transportation services.
On September 18, FDX launched fdx.com, which is available to FedEx customers in the United States. It is a data-driven commerce platform with powerful FedEx network insights that connect the entire customer journey. The platform will help FDX's customers to grow demand, increase conversion, optimize fulfillment, and streamline returns.
On September 5, FDX announced a strategic alliance and investment with Nimble, an AI robotics and autonomous e-commerce fulfillment technology company, to scale FedEx Fulfillment with their fully autonomous 3PL model. The strategic investment in Nimble will expand FDX's e-commerce footprint and scale FedEx Fulfillment offerings across North America.
FDX reported a total revenue of $21.58 billion during the fiscal first quarter that ended August 31, 2024, and its adjusted operating income was $1.21 billion. The company's <a href="https://www.investopedia.com/terms/n/netincome.asp">net income</a> and EPS amounted to $892 million and $3.60 for the quarter, respectively.
Furthermore, as of August 31, 2024, the company's cash and cash equivalents and total assets stood at $5.94 billion and $86.71 billion, respectively.
Analysts expect FDX's revenue for the second quarter (ending November 2024) to increase marginally year-over-year to $22.17 billion, and its EPS for the same quarter is expected to grow 1.6% year-over-year to $4.05.
Shares of FDX have surged 5.8% over the past nine months to close the last trading session at $266.93.
FDX's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its outlook. FDX has a B grade for Quality. It is ranked #4 out of 16 <a href="https://stocknews.com/category/air-freight-shipping/">Air Freight &amp; Shipping Services</a> industry stocks. The POWR Ratings are calculated by considering 118 different factors, with each factor weighted to an optimal degree.
In addition to the POWR Ratings we've stated above, we also have other FDX ratings for Sentiment, Growth, Momentum, Stability, and Value. Get all FDX ratings <a href="https://stocknews.com/stock/FDX/">here</a>.
Stock #2: Universal Logistics Holdings, Inc. (<a href="https://stocknews.com/stock/ULH/">ULH</a>)
ULH offers transportation and logistics solutions internationally. The company provides truckload services, domestic and international freight forwarding, and customs brokerage services.
On September 30, ULH announced its acquisition of Parsec, LLC, Parsec Intermodal of Canada ULC, and OB Leasing, LLC, a market-leading provider of terminal management services to the Class I, regional, and short-line railroads across North America for a total transaction cash purchase price of $193.6 million.
During the fiscal second quarter that ended June 29, 2024, ULH's total operating revenues increased 12% year-over-year to $462.16 million. Its EBITDA grew 51.9% from the year-ago value to $84.81 million. The company's net income came in at $30.73 million and $1.17 per share, up 30.4% and 30% from the prior year's quarter, respectively.
Street expects ULH's revenue for the third quarter (ending September 2024) to increase 10.1% year-over-year to $463.70 million. Its EPS for the same quarter is expected to grow 34.1% year-over-year to $1.18. Also, the company has topped the consensus revenue estimates in all of the four trailing quarters, which is impressive.
The stock gained 46.3% over the past nine months to close the last trading session at $41.71.
ULH's POWR ratings reflect its solid fundamentals. It has a B grade for Value, Momentum, Growth, Stability, and Sentiment. It is ranked #3 in the Air Freight &amp; Shipping Services industry.
Beyond what is stated above, we've also rated ULH for Quality. Get all ULH ratings <a href="https://stocknews.com/stock/ULH/">here</a>.
Stock #1: Radiant Logistics, Inc. (<a href="https://stocknews.com/stock/RLGT/">RLGT</a>)
RLGT provides technology-enabled global transportation and value-added logistics solutions. It offers domestic, international air, and ocean freight forwarding services and freight brokerage services, including truckload and intermodal services. In addition, the company also provides logistics and supply chain services.
On October 2, RLGT announced the acquisition of operations of Focus Logistics, Inc., a Michigan-based, privately held company with operations in Romulus, Michigan, that has operated under the company's Service By Air brand since 2006. With this acquisition, RLGT continues to provide and ensure the success of its customers and employees.
For the fiscal fourth quarter that ended on June 30, 2024, RLGT's revenues came in at $802.47 million. Its adjusted gross profit came in at $236.52 million. Net income attributable to RLGT and adjusted EBITDA were reported to be $23.35 million and 28.68 million, respectively.
Analysts expect RLGT's revenue for the quarter ending September 2024 to increase 2% year-over-year to $215,03 million. Moreover, its revenues for the quarter ending December 2024 are expected to rise 6.8% year-over-year to $214.84 million.
The stock has gained 18.8% over the past six months to close the last trading session at $6.31.
RLGT's positive outlook is reflected in its POWR Ratings. It has an overall rating of B, equating to a Buy in our proprietary rating system.
It has B grades for Sentiment, Value, and Growth. It has topped the 14 stocks in the Air Freight &amp; Shipping Services industry.
To see RLGT's Momentum, Stability, and Quality ratings, <a href="https://stocknews.com/stock/RLGT/">click here</a>.
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>

<hr />
FDX shares were trading at $263.47 per share on Thursday afternoon, down $3.46 (-1.30%). Year-to-date, FDX has gained 5.77%, versus a 20.36% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Anushka Dutta</h2> <img src='https:/wp-content/uploads/2021/08/Anushka-Dutta_Headshot_3.jpg' style="float:left; padding:5px;width:125px;">Anushka is an analyst whose interest in understanding the impact of broader economic changes on financial markets motivated her to pursue a career in investment research.<a href="https://stocknews.com/authors/?author=anushka-dutta">More...</a>The post <a href=https://stocknews.com/news/fdx-ulh-rlgt-3-logistics-stocks-to-watch-for-the-e-commerce-boom/>3 Logistics Stocks to Watch for the E-Commerce Boom</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Logistics Stocks to Watch for the E-Commerce Boom

As more consumers turn to online shopping, logistics companies are stepping up to meet the demand for faster, more efficient deliveries. With that in mind, investing in top-rated logistics stocks like United Parcel Service (UPS), Universal Logistics Holdings (ULH), and Radiant Logistics (RLGT) could be beneficial. Read on… E-commerce is booming, and with just a few clicks, people can now shop from the comfort of their homes, leading to a significant shift in buying patterns. While this has undoubtedly transformed how we shop, it has also brought massive changes to the logistics sector.
Given this backdrop, it could be wise to scoop up the shares of logistics companies like United Parcel Service, Inc. (<a href="https://stocknews.com/stock/UPS/">UPS</a>), Universal Logistics Holdings, Inc. (<a href="https://stocknews.com/stock/ULH/">ULH</a>), and Radiant Logistics, Inc. (<a href="https://stocknews.com/stock/RLGT/">RLGT</a>), all of which are benefiting from the e-commerce boom.
As people increasingly rely on online shopping for convenience, the logistics industry is racing to keep up, transforming how goods are stored, transported, and delivered. Global e-commerce sales are projected to <a href="https://www.mordorintelligence.com/industry-reports/global-ecommerce-market">hit $8.80 trillion</a> by the end of 2024, and this market is expected to grow further, reaching $8.81 trillion by 2029 at a steady annual growth rate of 15.8%.
Moreover, the growing demand for faster shipping options, like same-day and on-demand deliveries, is fueling a surge in the transportation sector and reshaping logistics operations. In 2023, the global logistics industry was valued at <a href="https://www.statista.com/statistics/943517/logistics-industry-global-cagr/">around $9.41 trillion</a>, and by 2028, it is expected to surpass $14.08 trillion, expanding the sector's reach even further.
From robotic automation to artificial intelligence and cloud computing, these innovations are streamlining supply chains and enabling companies to meet the fast-evolving needs of e-commerce. Meanwhile, the global air freight services market is expected to hit $223.43 billion by 2031, growing at a <a href="https://www.coherentmarketinsights.com/industry-reports/air-freight-services-market">CAGR of 5.8%</a>.
Considering these encouraging trends, let's examine the fundamentals of the top <a href="https://stocknews.com/category/air-freight-shipping/">Air Freight &amp; Shipping Services</a> stocks, starting with #3.
Stock #3: United Parcel Service, Inc. (<a href="https://stocknews.com/stock/UPS/">UPS</a>)
As a leading package delivery and logistics company, UPS provides a wide range of services, including transportation, distribution, contract logistics, ocean and airfreight, customs brokerage, and insurance services. It operates through two segments: U.S. Domestic Package and International Package.
On September 10, UPS announced its plan to acquire Frigo-Trans and its sister company BPL, both prominent healthcare logistics providers based in Germany. This acquisition is expected to significantly enhance UPS' capabilities in temperature-sensitive and time-critical logistics across Europe, serving the growing needs of its healthcare customers.
The company's EVP and President of International Healthcare and Supply Chain Solutions, Kate Gutmann, believes the acquisition will help meet growing demands for cold and frozen supply chains driven by pharmaceutical innovation.
UPS' revenue for the second quarter that ended June 30, 2024, amounted to $21.82 billion, while its revenue from Supply Chain Solutions increased 2.6% year-over-year to $3.33 billion. Its operating profit came in at $1.94 billion for the same period. In addition, the company's <a href="https://www.investopedia.com/terms/n/netincome.asp">net income</a> and EPS amounted to $1.41 billion and $1.65 per share, respectively.
Looking ahead to the full year, UPS has updated its guidance. It expects consolidated revenue to reach approximately $93 billion and an adjusted operating margin of around 9.4%.
The consensus revenue estimate of $22.13 billion for the fiscal third quarter (ended September 2024) represents a 5.1% increase year-over-year. The consensus EPS estimate of $1.62 for the same quarter indicates a 3.4% growth from the previous year. The company has an impressive earnings surprise history; it surpassed the consensus EPS estimates in three of the trailing four quarters.
The stock has gained 2.9% over the past three months to close the last trading session at $131.41.
UPS' <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this outlook. The stock has a B grade for Quality. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
Among 16 stocks in the <a href="https://stocknews.com/category/air-freight-shipping/">Air Freight &amp; Shipping Services</a> industry, it is ranked #7. Beyond what we stated above, we also have UPS ratings for Growth, Value, Momentum, Stability, and Sentiment. Get all UPS ratings <a href="https://stocknews.com/stock/UPS/">here</a>.
Stock #2: Universal Logistics Holdings, Inc. (<a href="https://stocknews.com/stock/ULH/">ULH</a>)
ULH offers logistics and transportation solutions. It provides truckload services, domestic and international freight forwarding, and final mile and ground expedited services. The company serves the automotive, steel, oil and gas, alternative energy, manufacturing industries, and other transportation companies.
On October 2, ULH announced the grand opening of a new Intermodal terminal in Tacoma, WA, strategically positioned to enhance operational efficiency and customer convenience. With direct access to key industrial hubs like Sumner/Kent, Puyallup/Spanaway, Olympia/Lacey, and major highways, the terminal aims to reduce transit times and streamline operations, boosting service effectiveness.
On September 30, the company acquired Parsec (Parsec, LLC, Parsec Intermodal of Canada ULC, and OB Leasing, LLC), a leading rail terminal operator in North America. Parsec offers terminal management services to Class I, regional, and short-line railroads, specializing in time-sensitive container handling. This acquisition is expected to enhance ULH's presence in the rail terminal space and boost the company's contract logistics segment revenue to over $1 billion annually.
For the second quarter that ended June 29, 2024, ULH's total operating revenues increased 12% year-over-year to $462.16 million. Its income from operations grew 29.4% from the year-ago value to $47.10 million. The company's net income and EPS stood at $30.73 million and $1.17, representing an increase of 30.4% and 30% year-over-year, respectively. Also, its EBITDA rose 51.9% from the prior-year quarter to $84.81 million.
Street expects ULH's revenue for the third quarter (ended September 30, 2024) to increase 10.1% year-over-year to $463.70 million. Its EPS for the about-to-be-reported quarter is expected to register a 34.1% growth from the prior year, settling at $1.18. Moreover, it surpassed the revenue estimates in each of its trailing four quarters, which is promising.
Over the past year, the stock has gained 79.8%, closing the last trading session at $42.37.
ULH's stance is apparent in its POWR Ratings. It has a B grade for Growth, Value, Stability, and Sentiment. Out of 16 stocks in the Air Freight &amp; Shipping Services industry, it is ranked #4. <a href="https://stocknews.com/stock/ULH/">Click here</a> to see ULH's ratings for Momentum and Quality.
Stock #1: Radiant Logistics, Inc. (<a href="https://stocknews.com/stock/RLGT/">RLGT</a>)
RLGT is a third-party logistics company that provides technology-enabled global transportation and value-added logistics solutions. It offers domestic, international air, and ocean freight forwarding services, freight brokerage services, including truckload and intermodal services, and logistics and supply chain services.
On October 2, RLGT acquired the operations of Focus Logistics, a Michigan-based company that has been operating under Radiant's Service By Air brand since 2006. Post-acquisition, Focus will transition to the Radiant brand and merge with the company's existing operations in the Detroit area. CEO Bohn Crain stated that the acquisition is an example of the company's strategy to partner with logistics entrepreneurs and provide them with a built-in exit strategy.
In the fourth quarter of fiscal 2024, which ended on June 30, RLGT's revenues amounted to $206.03 million, while its income from operations increased 27.6% year-over-year to $4.88 million. The company's adjusted net income stood at $7.02 million and $0.14 per share, indicating an increase of 8.6% and 7.7% from the prior year, respectively. Also, its adjusted EBITDA grew 74.3% from the year-ago value to $9.08 million.
Analysts expect RLGT's revenue for the first quarter (ended September 2024) to increase 2% from the prior year to $215.03 million, while its EPS is estimated at $0.10. Moreover, for the fiscal year 2025, its revenue and EPS are projected to reach $874.98 million and $0.42, respectively.
RLGT's shares have gained 36.5% over the past six months to close the last trading session at $6.69.
It's no surprise that RLGT has an overall rating of B, which equates to Buy in our proprietary rating system. It has an A grade for Sentiment and a B for Growth and Value. Within the same industry, it is ranked first.
In addition to the POWR Ratings we've stated above, we also have RLGT's ratings for Momentum, Stability, and Quality. Get all RLGT ratings <a href="https://stocknews.com/stock/RLGT/">here</a>.
What To Do Next?
43 year investment veteran, Steve Reitmeister, has just released his 2024 market outlook along with trading plan and top 11 picks for the year ahead.
<a href="https://report.stocknews.com/sign-up/stock-market-outlook-2024/?formplacement=artbotad_smo24_rep">2024 Stock Market Outlook &gt;</a>

<hr />
UPS shares rose $6.59 (+5.01%) in premarket trading Thursday. Year-to-date, UPS has declined -13.46%, versus a 22.75% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Shweta Kumari</h2> <img src='https:/wp-content/uploads/2022/03/Shweta-Kumari_Image-2.jpg' style="float:left; padding:5px;width:125px;">Shweta's profound interest in financial research and quantitative analysis led her to pursue a career as an investment analyst. She uses her knowledge to help retail investors make educated investment decisions.<a href="https://stocknews.com/authors/?author=shweta-kumari">More...</a>The post <a href=https://stocknews.com/news/ups-ulh-rlgt-3-top-rated-logistics-stocks-benefiting-from-e-commerce-boom/>3 Top-Rated Logistics Stocks Benefiting From E-Commerce Boom</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Top-Rated Logistics Stocks Benefiting From E-Commerce Boom

Reports Q3 revenue $426.8M vs. $421.5M last year. "Universal's diverse service offerings continue to be a strategic advantage, consistently driving...

Universal Logistics reports Q3 EPS $1.01 vs. 88c last year

Universal Logistics declares $0.105 dividend

Universal Logistics ( ($ULH) ) has issued an update. Universal Logistics Holdings reported a strong third quarter in 2024, with net income rising t...

Universal Logistics Reports Strong Q3 2024 Earnings Growth

Universal Logistics Holdings, Inc. (ULH) Q3 2024 Earnings Call Transcript

Stifel Nicolaus analyst J. Bruce Chan maintained a Hold rating on Universal Logistics (ULH – Research Report) yesterday and set a price target of $...

Stifel Nicolaus Keeps Their Hold Rating on Universal Logistics (ULH)

Transportation stocks rip election gains. Will tariff and trade battles ruin the party?

ALGT

ARCB

CHRW

HUBG

ODFL

PTSI

RLGT

SAIA

SAVE

ULCC

WERN

Press Releases

Universal Logistics Holdings to Report First Quarter 2024 Earnings on Thursday, April 25, 2024

Universal Logistics Holdings, Inc. Named a 2023 Supplier of the Year by General Motors

Dividends

Universal Logistics Holdings Reports First Quarter 2024 Financial Results; Declares Dividend

Universal Logistics Holdings to Report Second Quarter 2024 Earnings on Thursday, July 25, 2024

Universal Logistics Holdings Reports Second Quarter 2024 Financial Results; Declares Dividend

Universal Logistics Holdings, Inc. Unveils Electric Vehicles into its Intermodal Fleet for Sustainable Logistics in Southern California

Universal Logistics Holdings Acquires Parsec, a Market-Leading Rail Terminal Operator

Universal Logistics Holdings, Inc. Announces New Intermodal Terminal near Tacoma, WA

Universal Logistics Holdings to Report Third Quarter 2024 Earnings on Thursday, October 24, 2024

Universal Logistics Holdings Reports Third Quarter 2024 Financial Results; Declares Dividend

ArcBest

Armlogi Holding

Covenant Logistics Group, Inc. Class A Common Stock

Covenant Logistics Gr

Heartland Express

J.B. Hunt Transport Services, Inc. - Common Stock

JB Hunt Transport Servs

Knight-Swift Transportation Holdings Inc.

Knight-Swift

Landstar System

Marten Transport

Old Dominion Freight Line, Inc. - Common Stock

Old Dominion Freight Line

Proficient Auto Logistics, Inc. - Common Stock

Proficient Auto Logistics

PAMT

Primega Group Holdings Limited - Ordinary Shares

Primega Group Holdings

Ryder System

Saia

Schneider National

U-Haul Holding

U-Haul Holding Company Series N Non-Voting Common Stock

Werner Enterprises

MingZhu Logistics Holdings Limited - Ordinary Shares

MingZhu Logistics Hldgs

Full Truck Alliance Co. Ltd. American Depositary Shares (each representing 20 Class A Ordinary Shares)

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Universal Logistics Hldgs

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