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Posts related to ‘Transports’

When Will Low Oil Help Airlines Out? (UAL, DAL, LCC, LUV, JBLU)

Posted: May 23, 2012 at 2:53 pm

Oil is tanking behind Europe, commodity inventories are up, and refineries are running at very high historic levels.  And guess what, airplanes are full, fares are up, carriers are passing ...
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RailAmerica, Another Buffett-Type Buyout Possibility

Posted: May 22, 2012 at 1:53 pm

When Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-B)(NYSE: BRK-A) made the acquisition of Burlington Northern Santa Fe, the speculation was that more rail mergers could be expected.  After all, ...
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New Board at Canadian Pacific Wastes No Time

Posted: May 18, 2012 at 9:11 am

The 16-member board of directors of Canadian Pacific Railway Ltd. (NYSE: CP) today includes 7 new members nominated by William Ackman and his hedge fund, Pershing Square Capital Management. The ...
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Ackman Gets His Way at Canadian Pacific

Posted: May 17, 2012 at 8:47 am

Canadian Pacific Railway Ltd. (NYSE: CP) announced this morning the resignation of Fred Green, President and CEO of the company following a 34-year career at the railroad. In its announcement ...
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The Lamest Headline of the Day: YRC Worldwide

Posted: May 11, 2012 at 2:32 pm

YRC Worldwide Inc. (NASDAQ: YRCW) gets the dubious honor of having The Lamest Headline of the Day!  This one looks as though it was brought to you right from the Department of ...
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FedEx Acquires French Company, Still Lags UPS (FDX, UPS)

Posted: May 10, 2012 at 9:11 am

FedEx Corp. (NYSE: FDX) announced this morning that it has signed an agreement to acquire French express transportation company TATEX. The acquisition is subject to regulatory approvals and no details ...
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Rail Car Maker Doubles EPS Estimate (RAIL, ARII, GBX, CSX, UNP, CP)

Posted: May 8, 2012 at 10:20 am

The past year has not been particularly kind to rail car makers. That may be changing, with FreightCar America Inc.’s (NASDAQ: RAIL) first quarter earnings report out this morning. Despite ...
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Falling Oil Puts Airline Sector Up In First Class (UAL, DAL, LCC, LUV)

Posted: May 4, 2012 at 1:19 pm

Is the economy so weak that the summer and rest of 2012 will be punishing on the airline industry?  Apparently not.  Have you been to an airport and flown lately?  ...
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Sell In May And Go Away? A 2012 Primer (BAC, JPM, GE, AA, CAT, MSFT, INTC, AAPL, XOM, CVX, DD)

Posted: April 26, 2012 at 7:08 am

It is that time of year again.  It is time to ponder the theory of pricing in a summer slowdown, whether it actually happens or not.  In short, is time ...
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Airlines Post Gains on Fuel Hedges, Revenues Up Too (DAL, LCC, LUV, AAMRQ, UAL, JBLU, FAA)

Posted: April 25, 2012 at 1:24 pm

Two of the US’s largest airlines reported earnings today, Delta Air Lines Inc. (NYSE: DAL) and US Airways Group Inc. (NYSE: LCC), and both showed a profit thanks to mark-to-market ...
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Boeing Earnings Surge, Forecast Rises (BA, GD, NOC, LMT, RTN)

Posted: April 25, 2012 at 10:02 am

Aircraft maker Boeing Co. (NYSE: BA) reported first quarter earnings this morning that handily beat expectations for EPS and revenues. EPS came in at $1.22 on revenue of $19.4 billion, ...
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Canadian Pacific Railroad Hopes to Stare Down Ackman with Strong Performance (CP, CSX, UP)

Posted: April 20, 2012 at 9:14 am

If any of the major US railroads needed a good quarter, it was Canadian Pacific Railway Ltd. (NYSE: CP). The company has been fighting a running battle with activist investor ...
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CSX Kicks Off Railroad Earnings with a Bang (CNI, CP, CSX, KSU, NSC, UNP)

Posted: April 18, 2012 at 10:41 am

US railroads have suffered from the warm winter with falling volume on coal transportation, but rising prices for gasoline and diesel fuel have bumped up container (intermodal) traffic and taken ...
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Railroad Traffic Continues Decline on Lack of Coal Shipments (GWR, CSX, UNP, NSC, KSU)

Posted: April 13, 2012 at 8:10 am

Genesee & Wyoming Inc. (NYSE: GWR) this morning released its traffic volume report for March and for the first quarter of 2012. The news is not good, but it’s also ...
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No Credit Upgrade For Warren Buffett’s BNSF Rail Outfit (BRK-B)

Posted: March 30, 2012 at 2:07 pm

Berkshire Hathaway Inc. (NYSE: BRK-B) may have been hoping that a review of the credit ratings of its Burlington Northern Santa Fe railroad unit would be given a credit upgrade.  ...
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