May flowers wither on the vine

By

This week’s FreightWaves Supply Chain Pricing Power Index: 25 (Shippers) Last week’s FreightWaves Supply Chain Pricing Power Index: 25 (Shippers) Three-month FreightWaves Supply Chain Pricing Power Index Outlook: 25 (Shippers) The FreightWaves Supply Chain Pricing Power Index uses the analytics and data in FreightWaves SONAR to analyze the market and estimate the negotiating power for…

Air Canada’s cargo sales sink 40% in 1st quarter

By

Air Canada on Friday reported first-quarter results that included a 40% drop in cargo revenue to CA$238 million ($177 million), primarily driven by less throughput in the Pacific market after the airline returned planes to passenger service that were temporarily deployed for cargo-only purposes during the pandemic. Air Canada’s (OTCUS: ACDVF) cargo sales were also…

J.B. Hunt’s debt rating continues long run in solid investment-grade territory

By

J.B. Hunt is continuing its remarkable run of having an investment-grade corporate debt rating that hasn’t budged in almost 10 years, following a report issued by Moody’s Investors Service. Moody’s this week issued an affirmation of its J.B. Hunt (NASDAQ: JBHT) rating at Baa1. That rating has been in place since 2014 and is considered…

Was Gordon Lightfoot’s song about the Edmund Fitzgerald accurate?

By

FreightWaves Classics is sponsored by Old Dominion Freight Line — Helping the World Keep Promises. Learn more here. In the wake of the death of musician Gordon Lightfoot and his famous folk song, “The Wreck of the Edmund Fitzgerald,” FreightWaves Classics is taking a look back at the wreck itself and the historical accuracy of the…