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Todd Maiden on Muck Rack

Todd Maiden

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Richmond
As seen in: FreightWaves, Yahoo Finance, Flipboard, Yahoo, Benzinga, Zero Hedge, Oilprice.com, NewsBreak, Yahoo Tech, American Shipper, Currently and
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Articles

ArcBest announces layoffs, closing 10 LTL terminals Original

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By Todd Maiden Verified
| FreightWaves Verified
ArcBest announced a restructuring Thursday that will reduce its workforce by approximately 2%. It will also consolidate some less-than-truckload terminals, shedding roughly 1% of the doors from its network. The Fort Smith, Arkansas-based transportation and logistics provider has over 14,000 employees.
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Prologis seeing demand bump for logistics warehouses Original

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By Todd Maiden Verified
| FreightWaves Verified
Logistics warehouse operator Prologis said it continues to take market share and outpace the broader market in its key metrics. The real estate investment trust’s second quarter was better than expected as it inked a record number of leases. An improving rental market pushed the company to raise its full-year outlook. Prologis (NYSE: PLD) reported second-quarter consolidated revenue of $2.43 billion, which was 11% higher year over year and better than the $2.16 billion consensus estimate.
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Prologis ups earnings outlook amid record lease signings Original

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By Todd Maiden Verified
| FreightWaves Verified
Logistics warehouse operator Prologis reported another quarter of record lease signings, prompting it to raise earnings guidance for a second time this year. The San Francisco-based real estate investment trust’s second-quarter results came in ahead of analysts’ forecasts Thursday before the market opened. Prologis (NYSE: PLD) reported consolidated revenue of $2.43 billion, which was 11% higher year over year and ahead of a $2.16 billion consensus estimate.
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