Just what does a cratering Baltic Dry Index mean? Frankly, it looks and acts as though it is signaling the next recession is here already rather than signaling that it ... Read Full Story »
2012 may seem like a resurgence of the banking sector is afoot, but what about the resurgence of the U.S. auto industry. The age of the consumer fleet is at ... Read Full Story »
Carnival Corporation (NYSE: CCL) is getting hammered this morning after one of its Costa cruise lines grounded and partially capsized, resulting in the loss of life and resulting in million ... Read Full Story »
Internet radio company Pandora Media Inc. (NYSE: P) has announced 23 agreements with automakers and after-market suppliers to include the company’s radio player in their product offerings. Pandora also claims ... Read Full Story »
If you took the developments of the last couple of years with the explosion of smartphones, Garmin Ltd. (NASDAQ: GRMN) might have been easy to consider road kill. Yet here ... Read Full Story »
Have you been hit or almost been hit by a car driver talking on their cellphone? Thousands of Americans have died as a result of phone-use related accidents. Thousands more ... Read Full Story »
The recent bankruptcy filing by AMR Corp. (NYSE: AMR), parent of American Airlines, has put a damper on any enthusiasm there might have been among investors for US airlines stocks. ... Read Full Story »
Cost increases and flat cargo traffic are expected to cut airline profits in half in 2012, from $6.9 billion in 2011 to $3.5 billion in 2012. Profit margin is expected ... Read Full Story »
Mike Jackson, CEO of AutoNation Inc. (NYSE: AN) was on a CNBC video this morning on the heels of news that the November sales figures were up 21% from a year ... Read Full Story »
Railroads and trucking companies have, for the most part, seen share prices rise over the past 12 months, while ocean-going shippers have taken a severe beating. Of four railroads, CSX ... Read Full Story »
The news flow around the AMR Corporation (NYSE: AMR) filing for bankruptcy is rampant. Some say it was expected and others believe it was premature. The aim to work its ... Read Full Story »
The International Air Transport Association (IATA) reports that air freight volume fell by 4.7% in October, compared with the same month a year ago. Passenger traffic increased by 3.6% ... Read Full Story »
Southwest Airlines Co. (NYSE: LUV) is now sometimes considered a discount carrier and sometimes considered a legacy carrier, but it still has among the most loyal customer base and it ... Read Full Story »
An over-supply of product leading to a steep drop in price has claimed another victim. No, this is not a story about a solar PV maker, but about shipping, where ... Read Full Story »
Transportation stocks get a lot more attention as economic bellwethers than they do as market participants. Railroads, ships, and trucks are not particularly glamorous, and the industries are so ... Read Full Story »