shipping

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Americans Rate Postal Service Highest, VA Lowest

The U.S. Postal Service (USPS) has lost billions of dollars. However, it does deliver the mail to every American, usually on time, at its motto suggests: Neither snow nor rain ...
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shipping boxes

Target Offers Free Shipping on Almost Everything

Target Corp. (NYSE: TGT) has taken the "free shipping" trend of e-commerce to a whole new level. Between now and the end of December, it will offer "free shipping" on ...
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oil rig

Ocean Rig Partners Files for IPO — From DryShips

Ocean Rig Partners L.P. filed its F-1 form with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO). No terms were given for the offering, but ...
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2015ChevySS

Chevy Pushes 24-Hour Online Buying Service

Chevy thinks it can sell more cars and light trucks if consumers can buy them 24 hours a day. Whether the nocturnal crowd can help boost sales is too early ...
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Oil Tanker

Frontline Tankers May Restructure

This has not been a good week for Norwegian shipping magnate John Fredriksen. On Wednesday Seadrill Ltd. (NYSE: SDRL), the Fredriksen-controlled offshore drilling firm, posted a solid beat on earnings, ...
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tanker

Very Mixed Analyst Bag on Shipping and Tankers

Canaccord Genuity has issued a very mixed report on the tanker and shipping companies that move energy products around the globe. 24/7 Wall St. gave the coverage of these and ...
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shipping boxes

UPS: Bigger Boxes Mean Higher Prices

The one-size, one-price strategy employed off and on by the U.S. Postal Service, United Parcel Service Inc. (NYSE: UPS) and FedEx Corp. (NYSE: FDX) has come to an end. The ...
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Trucks

Old Dominion Freight Line Delivers Good News for Investors

Since reporting Q1 earnings last month, less-than-truckload weight (LTL) trucker Old Dominion Freight Line (NASDAQ: ODFL) shares have stomped the gas, and rushed ahead 12% already. This week, the company ...
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Dry Bulk Ship

The Mysterious Rise Behind NewLead Shipping

NewLead Holdings Ltd. (NASDAQ: NEWL) jumped from a penny stock last Thursday when the dry bulk shipping company enacted a one-for-50 reverse stock split so that the company's shares would ...
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Amazon.com logo

Amazon’s Sunday Delivery an Effort to Retain Sales

Residents of 15 more U.S. cities are now eligible for Sunday delivery of their orders from Amazon.com Inc. (NASDAQ: AMZN). The company launched the service last November in New York ...
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Bulk ship

Making Heads or Tails of Dryships Earnings Release

Dryships Inc. (NASDAQ: DRYS) has reported its fourth quarter earnings. The drybulk and petroleum products marine transportation services provider reported a net loss of $24.4 million, or a -$0.06 loss ...
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Oil Tanker

Kinder Morgan Goes Big Into Marine Tankers With Nearly $1 Billion Purchase

Kinder Morgan Energy Partners L.P. (NYSE: KMP) announced on Monday that it has entered into an agreement to acquire American Petroleum Tankers (APT) and State Class Tankers (SCT) for nearly ...
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WMT strike Black Friday 2012

Walmart’s “$10 Or Less” Item Black Friday Sale

If discounts are the stuff of Black Friday's allure, then Walmart (NYSE: WMT) has set enough products which sell for $10 or less to draw nearly every shopper. In the ...
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Amazon.com logo

Amazon’s $1 Item Black Friday Sale

While J.C. Penney (NYSE: JCP) and Walmart (NYSE: WMT) have run ads in newspapers and online around the country to get shoppers through their doors in a desperate attempt to take ...
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USPS Sorting Center

When Will People Stop Using Mail As First Class Postage Price Rises

The United States Postal Service made two announcement recently. First, it announced a $5 billion annual loss. It also said the price of a first class stamp would rise from $.46 ...
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