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June S&P 500 E-Mini futures (ESM26) are up +0.79%, and June Nasdaq 100 E-Mini futures (NQM26) are up +1.21% this morning as investors stepped in to buy the dip after the swift end to the latest round of U.S. strikes against Iran fueled expectations that talks over a peace deal will resume.

A number of stocks fell in the afternoon session after the CPI report showed 4.2% annual inflation, the highest in three years, with markets fully pricing a December Fed rate hike.

Bell Asset Management has exited its position in Old Dominion Freight Line (NasdaqGS:ODFL). The fund cited downside risk linked to the conflict in Iran and concerns about valuation after a strong share price rally. This move highlights growing investor focus on geopolitical risk and pricing in the transportation sector. Old Dominion Freight Line is a major less than truckload carrier, so its business is closely tied to freight volumes, supply chains, and industrial activity. When a fund...

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -1.62%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.87%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.98%. June E-mini S&P futures (ESM26 ) fell -1.62%, and June E-mini Nasdaq futures...

Amazon.com muscled into the less-than-truckload (LTL) freight business on Wednesday, driving S&P 500 members FedEx Freight and Old Dominion Freight Lines into a pothole. However, the freight stocks bounced back off early lows as investors saw a relatively modest near-term threat.

The S&P 500 Index ($SPX ) (SPY ) today is down -0.61%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.88%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.80%. June E-mini S&P futures (ESM26 ) are down -0.71%, and June E-mini Nasdaq futures...

Amazon com is at it again, roiling an industry’s shares with its plans to build new businesses. The tech giant said it would open up its less-than-truckload, or LTL, shipping business to any customer. Amazon already had been offering LTL services to partners shipping to Amazon warehouses.

Old Dominion, Saia, and XPO each fell 5% or more after Amazon opened its less-than-truckload service to all U.S. businesses

The S&P 500 Index ($SPX ) (SPY ) today is down -0.28%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.38%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.28%. June E-mini S&P futures (ESM26 ) are down -0.25%, and June E-mini Nasdaq futures...

Investing.com -- Shares of several trucking companies fell sharply on Tuesday after Amazon announced the U.S. expansion of its less-than-truckload freight service to any destination and any business size, rattling investors in the transportation and logistics sector.

(Bloomberg) -- Shares of several large trucking companies plunged on Wednesday after Amazon.com Inc. announced an expansion of its shipping service that has already shaken the transportation and logistics sector and unsettled investors.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Launches Strikes Against Iran After Helicopter Shot DownUS Strikes Iran After Helicopter Downed, Testing Peace TalksStocks Pare Tech-Led Drop as Rotation Gains Speed: Markets W

Amazon Broadens Freight Offering Across the United StatesShares of Saia (NASDAQ:SAIA), Old Dominion Freight Line (NASDAQ:ODFL) and FedEx Freight (NYSE:FDXF) came under pressure in premarket trading after Amazon (NASDAQ:AMZN) unveiled a significant expansion of its less-than-truckload (LTL) freight business. Saia and Old Dominion shares fell approximately 7%, while FedEx Freight declined around 6%, as investors assessed the competitive implications of Amazon’s move deeper into the freight transpo

Old Dominion Freight has rallied the industrials sector, and analysts remain somewhat optimistic about the stock’s outlook.

The stocks featured in this article have all approached their 52-week highs. When these price levels hit, it typically signals strong business execution, positive market sentiment, or significant industry tailwinds.

Bell Global Equities Fund, managed by Bell Asset Management, released its latest investor update, available for download. March saw heightened volatility due to the Middle East conflict, with the MSCI World ex Australia Index falling 2.5% and the Bell Global Equities Fund (Wholesale class) declining 3.1%. The portfolio’s underweight in Energy was the primary headwind to relative […]

FedEx Freight bucked the market trend on Friday, making it one of the best-performing stocks in the S&P 500 on a tough day for the market. Shares of the company, which spun out of FedEx on June 1, gained 6.4% on Friday, closing at $167.84, while the and fell 2.6% and 4.2%. FedEx Freight is likely avoiding the drawdown because shares are very new.

ODFL's May LTL revenue per day rose 12.3% as revenue per hundredweight climbed, though shipments and tons per day fell.

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Jim Cramer says newly public FedEx Freight could become a “true winner” as Wall Street bets the trucking giant’s spinoff from FedEx will finally unlock the premium valuation.

Old Dominion Freight Line’s May operating results saw a meaningful improvement from April, as less-than-truckload demand appears to be firming. The post Old Dominion’s May update shows an improving LTL market appeared first on FreightWaves.

As North America's largest pure-play LTL carrier, the newly spun-off company faces a shrunken market, skeptical analysts and a long road to its own margin targets.

FedEx Freight began trading as an independent company this week, but analysts say stronger margins and operating performance are needed before they become more bullish on the stock.

Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. They are also bound to benefit from a friendlier regulatory environment with the Trump administration, and this excitement has led to a six-month gain of 19.5% for the sector - higher than the S&P 500’s 11% return.

Instead, FedEx’s spinoff—FedEx Freight trades under the symbol FDXF—is complete. FedEx was at $333 in late-morning trading, down about 1% from its Friday close north of $411. FedEx Freight shares were trading for $164, up about 2.5% from its late Friday price of about $160.

Old Dominion (ODFL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

The long-awaited spinoff of FedEx Freight is just about done, and shares of the newly independent less-than-truckload business start trading on Monday, June 1. Old Dominion Freight Line and XPO are LTL shippers. The reason for FedEx’s separation of its LTL business is relatively obvious.

Shares of freight carrier Old Dominion (NASDAQ:ODFL) jumped 2.8% in the afternoon session after WTI crude oil fell 4.7% to $92.94, providing direct margin relief to trucking, rail, and logistics companies that spend a sizable percentage of operating costs on fuel.

With ODFL's shares moving north, we assess the current positioning of the stock to determine if it's a good investment at this juncture.

Expensive stocks typically earn their valuations through superior growth rates that other companies simply can’t match. The flip side though is that these lofty expectations make them particularly susceptible to drawdowns when market sentiment shifts.