CH Robinson Worldwide Inc

Loaded containers stacked on top of a cargo ship sailing in a canal on Janvier 20, 2017 in Suez Canal, Red sea, Egypt. Camille Delbos | Corbis News | Getty ImagesSo far, shippers have diverted about more than $30 billion worth of cargo away from the Red Sea as they face the threat of attacks from Houthi militants in Yemen.Carriers are re-routing vessels as a direct result of 15 strikes in the Middle Eastern body of water since the start of the Israel-Hamas war in October.At the moment, there are 57 container vessels…

Pavlo Gonchar | LightRocket | Getty ImagesCheck out the companies making headlines before the bell:DraftKings — DraftKings shares surged more than 8% after the sports betting company posted fourth-quarter results that beat expectations. The company reported a loss of 53 cents per share on revenue of $855 million. Analysts polled by Refinitiv had anticipated a loss of 59 cents per share on revenue of $800 million.DoorDash — The online food delivery company gained more than 5% after posting fourth-quarter revenue of $1.82…

Rafael Henrique | Sopa Images | Lightrocket | Getty ImagesCheck out the companies making headlines in after-hour trading.Meta — The Facebook parent jumped 17% after the company announced a $40 billion stock buyback when reporting quarterly results. Meta beat analysts' estimates for fourth-quarter revenue, according to Refinitiv. Meta also said it lost $13.7 billion in 2022 in the business unit responsible for the metaverse. Google parent Alphabet added 3.7%, while Amazon gained 2%.related investing newsAlign Technology —…

CNBC's Jim Cramer on Tuesday said that investors should consider adding J.M. Smucker stock to their shopping lists."Even though this market's had a real good run, and I think the bear is more or less dead outside of tech, I still think you need some downside protection because this is a tricky moment," he said.related investing newsNordson, C.H. Robinson and J.M. Smucker qualified for the S&P 500 Dividend Aristocrats and will be added to the index on Feb. 1, the S&P Dow Jones Indices said earlier this month.The…

CNBC's Jim Cramer on Thursday said that inflation could finally be cooling off as the freight industry's pandemic boom wanes."We caught a real break today with a much lower-than-expected consumer price index number, and a huge part of that came down to how much it costs to get goods to the consumer," he said. "Why would the Fed need to keep tightening ever harder if the root cause of inflation, moving stuff from place to place, is finally going in the right direction?" he added.Stocks saw their biggest rally since 2020 on…

EQT Corp: "I'm going bullish, because I believe in natural gas."Frontier Group Holdings Inc: "I'm not going to go against an airline when people seem to want to travel more than they want to talk with people. So, let's stay with it."Jim Cramer's Guide to InvestingClick here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest smarter. EQT Corp: "I'm going bullish, because I believe in natural gas."Frontier Group Holdings Inc: "I'm not going to go against an airline when…

Trucks at the entrance to the Port of Oakland in Oakland, California, US, on Thursday, July 14, 2022. Truckers servicing some of the US's busiest ports are staging protests as state-level labor rules that change their employment status begin to go into effect, creating another choke point in stressed US supply chains.David Paul Morris | Bloomberg | Getty ImagesU.S. trucking CEOs expect to maintain pricing power even with volumes softening in the second half of 2022 as retailers, manufacturers and consumers adjust to…