Trips and monthly active platform consumers growth accelerated to 25% and 15% year-over-year, respectively Gross Bookings grew 21% year-over-year and 20% year-over-year on a constant currency basis Net income of $221 million; Income from operations of $394 million; Adjusted EBITDA margin at all-time high Operating cash flow of $966 million; Free cash flow of $905 […]
BOSTON–(BUSINESS WIRE)–SES AI Corporation (NYSE: SES), headquartered in Boston, a global leader in the development and manufacturing of high-performance lithium-metal (Li-Metal) rechargeable batteries for electric vehicles (EVs) and other applications, today announced its business and financial results for the third- quarter of 2023, which ended September 30. The Company posted a Letter to Our Shareholders […]
Full-truckload brokerage volume increased 13 percent year-over-year and less-than-truckload volume increased 55 percent year-over-year Momentum in RXO’s brokerage business accelerated as the quarter progressed; set multiple brokerage records in the quarter including total volume, quarterly loads per day and monthly loads per day Companywide gross margin of 17.7 percent; brokerage gross margin of 15.1 percent […]
HOUSTON–(BUSINESS WIRE)–TrueTMS, a modern SaaS-based transportation management system designed for small fleet owners, and freight matching platform 123Loadboard announce a partnership that allows TrueTMS users to access 123Loadboard’s freight marketplace to find and book more loads to strengthen their operations. TrueTMS carrier members can search, place bids, experience seamless book-now loads for their equipment, and […]
HOUSTON–(BUSINESS WIRE)–WM (NYSE: WM) today announced the declaration of a quarterly cash dividend of $0.70 per share payable Dec. 15, 2023, to stockholders of record on Dec. 1, 2023. ABOUT WM WM (WM.com) is North America’s leading provider of comprehensive environmental solutions. Previously known as Waste Management and based in Houston, Texas, WM is driven […]
Expands Vehicle Payments for Businesses and Consumers ATLANTA–(BUSINESS WIRE)–FLEETCOR Technologies, Inc. (NYSE: FLT), a leading global business payments company, today announced the acquisition of PayByPhone, a global provider of digital parking payment solutions. The acquisition expands FLEETCOR’s vehicle payment solution set for both its fleet customers and consumers. “We are delighted to announce the PayByPhone […]
OMAHA, Neb.–(BUSINESS WIRE)–Werner Enterprises (Nasdaq: WERN), a premier transportation and logistics provider, announces today that Michelle D. Greene was appointed to the Company’s Board of Directors (the “Board”) at the November 6, 2023 Board meeting. Greene will fill the seat that was held by Kenneth M. Bird, ED.D., who retired from the Board effective November […]