freight

The bank expects consensus to maintain its full-year Ebitda forecast at $3.3 billion, while monitoring weekly freight rates to gauge how credible the low end of the guidance range becomes.

Carriers have pared back new vehicle purchases as they grapple with a yearslong slump in freight demand.

Hapag-Lloyd had already narrowed its full-year earnings guidance range three months ago as it cautioned that geopolitical challenges and volatile freight rates meant that forecasts were subject to considerable uncertainty.

Carriers are pulling back on truck purchases because of a prolonged slump in freight rates.

International students typically pay full freight, and as of the fall, USC had 11,959 of them — the largest population in California and one of the biggest in the U.S.