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After the US markets closed today, CH Robinson reported financial results for the quarter ended December 31, 2020, highlighting the following Q4’20 key metrics: – Gross profits increased 10.5 percent to $636.1 million – Adjusted gross profits(1) increased 10.7 percent to $640.6 million – Income from operations increased 51.2 percent to $206.8 million – Adjusted operating...


Ding! THE WALL STREET JOURNAL REPORTS: Pharma giant expects to ship half the doses it had originally planned after finding raw materials in early production didn’t meet its standards Pfizer Inc. expects to ship half of the Covid-19 vaccines it originally planned for this year because of supply-chain problems, but still expects to roll out more...


PRESS RELEASE  XPO Logistics Announces Plan to Spin Off Logistics Segment to Its Shareholders Separation of logistics and transportation businesses would create two pure-play industry powerhouses XPO Logistics, Inc. (NYSE: XPO) (”XPO”) today announced that its board of directors has unanimously approved a plan to pursue a spin-off of 100% of its logistics segment...


THE HEISENBERG writes: Right, but when? That’s the question the whole world wants answered when it comes to the vaccination push. The last several weeks have delivered plenty in the way of encouraging data on Covid-19 vaccines, contributing to a powerful pro-cyclical rotation across assets, even as the US long-end refuses to join in on...


PRESS RELEASE  US 11/24/20 Atlanta, GA – Enhanced capability allows UPS Healthcare to produce 1,200 lbs. of dry ice per hour in the U.S. and Canada. – UPS Healthcare is collaborating with Stirling Ultracold to supply portable freezers for storage of vaccines at a range of -20°C to -80° – Services are in response to complex, urgent...


The Commercial Appeal reports: FedEx plans to house small technology hubs at locations throughout its network that will better handle its computing needs, its chief information officer says, with the first being installed in Memphis inside an air-transport container. The team-up with Dell Technologies and data center company Switch will support FedEx’s growing technological requirements for its highly...


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