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Market Taking A Step Back: Walmart Misses On Earnings, Apple Lowers Sales Guidance
Tuesday, February 18, 2020 - 11:14am | 2426Read More...It’s shaping up to be an ugly morning on Wall Street as two of the market’s biggest heavyweights suffered some bruises. Stock futures took a dive before the bell after Apple Inc (NASDAQ: AAPL) said quarterly revenue will likely miss guidance and Walmart’s (NYSE...
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Tuesday's Market Minute: Walmart Vs Amazon
Tuesday, February 18, 2020 - 10:11am | 287Read More...While coronavirus still dominates headlines and market worries, traders should still be watching earnings reports as the season continues this week. Walmart Inc (NYSE: WMT) released its earnings statement in the premarket today, disappointing on its comparable sales and forward guidance. The weaker...
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Walmart Earnings Ahead: Eyes On Christmas Results, Future Of Grocery
Thursday, February 13, 2020 - 5:07pm | 1415Read More...Retail earnings have been trickling out in recent weeks but will begin flooding in soon, with Walmart Inc (NYSE: WMT) among the first big-box merchants to reveal, well, what’s in the box. Contrary to popular belief, Amazon.com, Inc. (NASDAQ: AMZN) isn't a bigger...
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The Year Of Retail Reinvention? Walmart, Target, Other Retailers Prepare To Report Earnings
Monday, February 10, 2020 - 3:19pm | 2971Read More...Even with fewer days to buy holiday gifts, the healthy U.S. consumer appeared to give many retail companies a boost in the last quarter of 2019. That said, the wrapping paper might not have been smoothly spread around the industry, and some retailers probably did a lot better than others. The next...
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ATA Joins Walmart In California Sleeper Berth Rehearing Request
Tuesday, February 4, 2020 - 9:24am | 727Read More...A group of trucking interests led by the American Trucking Associations (ATA) is supporting Walmart Inc. (NYSE: WMT) in its bid to have an appeals court reconsider a decision awarding $54.6 million to former California truck drivers for time spent in a sleeper berth during layovers between trips....
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WTT?!? Weekend: The Celadon Hits Keep On Coming, Walmart Appeals California Decision, Amazon Accused Of More Abuse
Monday, January 27, 2020 - 11:54am | 670Read More...Hey hey hey, welcome to the workin' weekend! We never hesitate to jump right in and hit you with the headlines: TA Logistics claims Celadon was insolvent in late November 2019, and for fear that future access to the shared IT system would again be blocked, and the failure to remit millions of...
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Walmart Asks Court To Reconsider Jury Award To Drivers In California
Friday, January 24, 2020 - 10:03am | 487Read More...Walmart Inc. (NYSE: WMT) has asked a federal appeals court to reconsider an appellate panel's ruling that awarded $54.6 million to a class of former California truck drivers for time spent mostly on 10-hour layovers between trips. The company said faulty guidance from a lower court influenced the...
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Is Walmart Gaining On Amazon, Or Did It Never Lose The Lead?
Tuesday, January 14, 2020 - 5:43pm | 163Read More...In this week's episode of Great Quarter, Guys, brought to you by CarrierDirect, Kevin and Andrew have a special guest, Zach Strickland, in the booth to break down the retail Goliath Walmart Inc (NYSE: WMT). We also talk Trade Deal, January freight blues and answer whether Peloton is a bust. Check...
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WTT?!? Weekday Wrap: In-Cab Cameras, Walmart Driver Pay, Nuclear Verdicts, And More
Tuesday, January 14, 2020 - 1:10pm | 643Read More...We gear up this week with a man charged on Thursday with shooting a truck driver on I-269 outside Memphis, Tennessee, after an in-cab video captured the suspected killer. Violence in Mexico from organized cartels has been surging in recent weeks, with the latest incident involving a 13-year-old...
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Walmart Added 134 Stores, Four Distribution Centers In Mexico In 2019
Tuesday, January 14, 2020 - 11:50am | 450Read More...Walmart Inc.'s (NYSE: WMT) unit in Mexico reported the company opened 134 new stores in that country in 2019, its largest expansion in Mexico in six years. Walmart de Mexico y Centroamerica, or Walmex (MX:WALMEX), now runs 2,571 stores in Mexico, the largest number of stores outside the United...
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Are Walmart Drivers Paid Too Much?
Monday, January 13, 2020 - 6:09pm | 265Read More...On today's episode, Dooner and Chad are talking about a murder suspect caught with an in-cab camera, avocado truck hijackings, trucker insurance fraud, they continue the debate from FreightWaves radio on whether Walmart Inc (NYSE: WMT) drivers are paid too much, plus a deep dive on Flexport's foray...
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Americans Love 7-Eleven and Wawa More Than Walmart: Report
Monday, January 13, 2020 - 7:37am | 413Read More...Convenience stores across the United States saw a rise in revenue and the number of outlets over the last decade, CNN reported on Sunday, citing data from the National Association of Convenience Stores. What Happened According to the data, the number of sales inside the stores during the past...
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Court Upholds Ruling That Walmart Pay California Drivers $54.6 Million For Layover Time
Tuesday, January 7, 2020 - 9:53am | 518Read More...A federal appeals court panel has upheld a lower court ruling that Walmart Stores Inc. (NYSE: WMT) must abide by a $54.6 million jury award compensating a group of California-based drivers for 10-hour end-of-shift layovers, rest breaks and inspections. In a ruling issued Jan. 6, the three-judge...
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Commentary: Taming The Tsunami Of Post-Holiday E-Commerce Returns
Monday, January 6, 2020 - 3:11pm | 2105Read More...The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates. With each year and each holiday shopping season that passes, global retail ecommerce sales attain a new record. According to forecasts released in February 2019 by...
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California To Approve Autonomous Delivery Vehicles — With Or Without A Safety Driver
Friday, December 20, 2019 - 9:47am | 405Read More...The California Department of Motor Vehicles will permit applications for light-duty autonomous delivery vehicles starting January 2020, the agency announced this week. The state said it will grant permits for testing with or without a safety driver in front of the wheel. "The adoption of these...
















