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Posts related to ‘Transports’

Railroad Stocks Falter on Coal Outlook (NSC, UNP, CSX, KSU, KOL)

Earlier this week, CSX Corp. (NYSE: CSX) reported quarterly results that were more or less in line with estimates, but the mix of shipments was not what the railroader was ...
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UPS Earnings Just Good Enough

United Parcel Service Inc. (NYSE: UPS) reported third-quarter 2012 results before markets opened this morning. For the quarter, the package delivery company posted adjusted diluted earnings per share (EPS) of ...
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Overseas Shipholding Could Hit the Rocks

Oil and petroleum products shipper Overseas Shipholding Group Inc. (NYSE: OSG) filed a document with the Securities and Exchange Commission this morning indicating that the company is “evaluating its strategic ...
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Navistar Continues on Path with Cummins

Navistar International Corp. (NYSE: NAV) is still in trouble after it had to cancel its big engine initiative. While that blunder may have cost billions of dollars when all was ...
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CSX Results Mixed on Weak Coal Shipments

CSX Corp. (NYSE: CSX) reported fiscal third quarter results before markets opened this morning. For the quarter, the railroad operator posted diluted earnings per share (EPS) of $0.44 on revenues ...
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No Surprises in J.B. Hunt Earnings

J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) reported fiscal third-quarter results after markets closed today. For the quarter, the trucking and transport company posted diluted earnings per share (EPS) of ...
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UPS European Merger Not Affected by CEO Departure (UPS, FDX)

The $6.8 billion merger between United Parcel Service Inc. (NYSE: UPS) and TNT Express is still expected to be completed by early 2013, despite the announcement today that the CEO ...
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Woeful FedEx Outlook Comes True

        FedEx Corp. (NYSE: FDX) this morning reported first fiscal quarter earnings per share (EPS) of $1.45 on revenue of $10.79 billion. In the same period a ...
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FedEx to Offer Employees Buyout Incentives (FDX, UPS)

The slowdown in global economic growth is taking a toll on FedEx Corp. (NYSE: FDX) and the company today announced a move to try to cut expenses. The company will ...
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Plains All American Pipeline Adds to Rail Capacity

Pipeline MLP Plains All American Pipeline LP (NYSE: PAA) will build a new crude oil rail facility in Tampa, Colo., to receive and transport up to 68,000 barrels per day ...
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Airline Earnings Flying High, Real High (JBLU, LCC, DAL)

With so much interest in airlines of late, we have some reports to evaluate today. Lower fuel prices and full planes may be helping the trend, but the potential AMR ...
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First Renewable Cellulosic Gasoline Closer to Market Now in 2012

KiOR, Inc. (NASDAQ: KIOR) is now one step closer to bringing its renewable fuel to market.  The renewable fuels company announced that it has been granted Part 79 registration for ...
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More Macro Headwinds as UPS Joins Earnings Warning Confession Booth (UPS, FDX)

United Parcel Service, Inc. (NYSE: UPS) is joining the flow of big important companies reporting disappointing earnings. While the earnings were up 7.5% from a year ago, the 2012 guidance ...
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Boeing Dreamliner Grounded in Japan

Japanese airlines All Nippon Airways (ANA) grounded 5 of its 11 787 Dreamliners from Boeing Co. (NYSE: BA) following tests that indicate a risk of corrosion in the plane’s Rolls-Royce ...
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U.S. Railroad Merger All About Size

Railroad operator Genesee & Wyoming Inc. (NYSE: GWR) announced this morning that it would acquire RailAmerica Inc. (NYSE: RA) for $27.50 per share in an all-cash deal worth about $1.39 ...
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