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Highway Holdings Returns To Profit Despite Customer Loss

BenzingaJul 21, 2026, 6:52 PMLekha Gupta

Highway Holdings shares surged after reporting higher revenue, improved earnings and a return to operating profitability in fiscal Q1 2027.

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benzinga
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Jul 21, 2026, 6:52 PM
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Jul 21, 2026, 6:52 PM
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  1. Globenewswire IncJul 28, 2026, 1:52 PMNot Specified

    Q2 2026 Freight Fraud Index: Half of All Incidents Now Tied to Communication Based Attacks

    Highway released its Q2 2026 Freight Fraud Index showing a significant increase in communication-based fraud attacks, with 784,201 blocked fraudulent emails (48.5% QoQ increase), 109,995 spoofed phone calls (53.2% QoQ increase), and a 282% surge in impersonation attempts targeting Highway itself. The data reveals fraudsters are shifting from creating fake identities to exploiting existing trust through compromised inboxes and account takeovers. Ownership change fraud rose to 25.6% of reported thefts despite a 40.9% drop in ownership discrepancy alerts.

    Read original at globenewswire-inc