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United States Transport And Logistics

Grafa
Transport and logistics

FedEx-led consortium to take InPost private in $9.2B deal

FedEx (NYSE:FDX) and private equity firm Advent International have teamed up to lead an all-cash takeover of InPost, valuing the European parcel-locker pioneer at approximately €7.8 billion ($9.2 billion) as the global courier giant moves to dominate the continent's last-mile delivery market.

Leia mais: FedEx-led consortium to take InPost private in $9.2B deal
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Transport and logistics

LATAM hits record $1.46B annual profit as South American giant eyes 2026 expansion

LATAM Airlines Group (NYSE:LTM) reported a robust fourth-quarter profit on Wednesday, capping a record-breaking fiscal year that saw the South American carrier solidify its post-bankruptcy recovery with a 50% surge in annual net income

Leia mais: LATAM hits record $1.46B annual profit as South American giant eyes 2026 expansion
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Transport and logistics

Norfolk Southern profits top estimates as productivity offsets merger headwinds

Norfolk Southern (NYSE:NSC) reported fourth-quarter earnings that surpassed Wall Street expectations, bolstered by significant productivity gains even as the railroad giant faces the complex financial and regulatory hurdles of its proposed $85 billion merger with Union Pacific.

Leia mais: Norfolk Southern profits top estimates as productivity offsets merger headwinds