Shares of logistics and freight-related companies are trading lower as ICE Brent crude prices reach over $100 per barrel for the first time since late July. Diesel prices are on track to set a new record high for 2026, which will cut into margins for a sector that depends on the fuel.

JP Morgan Initiates Coverage On FedEx Freight Hldg Co with Overweight Rating, Announces Price Target of $160

JP Morgan analyst Brian Ossenbeck initiates coverage on FedEx Freight Hldg Co (NYSE:FDXF) with a Overweight rating and announces Price Target of $160.

8-K filing — FedEx Freight Holding Company, Inc. (FDXF)

Filed: 2026-09-02 AccNo: 0001104659-26-104793 Size: 188 KB Item 8.01: Other Events

Shares of logistics and freight-related companies are trading lower as oil prices rise after the U.S. and Iran exchanged blows, driving concerns about higher fuel costs and broader inflationary pressures.

Shares of logistics and freight-related companies are trading lower after President Trump said in a social media post that tariffs on cars, trucks, automotive parts and steel from Canada will be increased to 50% from January 1, 2027. The tariffs are likely to curtail the profitability of lucrative U.S.-Canada cross-border logistics routes.

J.B. Hunt Transport, LPL Financial And More On CNBC’s ‘Final Trades’

Experts on CNBC's Halftime Report recommend Roundhill Memory ETF, iShares U.S. Healthcare ETF, and J.B. Hunt Transport.

Pinterest, Destiny Tech100 And Other Big Stocks Moving Lower In Monday’s Pre-Market Session

U.S. stock futures were lower this morning, with the Dow futures falling around 0.2% on Monday. Shares of Pinterest, Inc. (NYSE:PINS) fell sharply in pre-market trading following the announcement that CFO Julia Brau