Transportation

money

Why Is JetBlue Offering $52 Fares?

JetBlue Airways Corp. (NASDAQ: JBLU) has fares from New York's JFK to Boston for as little as $52 one way. The deal is extraordinary, because ticket prices for shuttles between ...
Read Full Story »
United Jet

United Airlines Earnings Beat Estimates, but Outlook Worries Investors

United Continental Holdings Inc. (NYSE: UAL) reported fourth-quarter and full-year 2016 results after markets closed Tuesday afternoon. The airline reported adjusted quarterly earnings per share (EPS) of $1.78 on revenues of ...
Read Full Story »
departures

Ft. Lauderdale Airport by the Numbers

The state of Florida's number one industry is tourism, and tourism depends on airports to bring in all those half-frozen northerners for a few days (or more) of thawing out. ...
Read Full Story »
Exporting

2016 Air Cargo Improves, but Trump a Wild Card for 2017

Air cargo volume increased by 6.9% year over year in November, on top of a 6.2% increase posted in October, according to data reported Wednesday by WorldACD Market Data. While ...
Read Full Story »
trucks

Amazon’s ‘Uber for Trucks’ May Disrupt Trucking Well Before Automation Does

By Kashif, Investment Analyst at PrivCo, a private company financial intelligence platform The trucking business in the United States is big. According to the Federal Motor Carrier Safety Administration’s (FMCSA) ...
Read Full Story »
airplane seats

What Fliers Want Is Legroom

Poll a large number of fliers about what they want in an airline, and the answer will be legroom. Airline seats have shrunk for years, at least in coach. Travelers ...
Read Full Story »
jet sunrise

Merrill Lynch Raises Price Targets on 5 Top Airlines to Buy for 2017

If any industry has had the proverbial ups and downs this year is has been the airline sub-sector of the transports, and with good reason. Pricing pressure and over-expansion pinned ...
Read Full Story »
reprimand

SEC Settles Charges With United Airlines

The U.S. Securities and Exchange Commission (SEC) recently announced that United Continental Holdings Inc. (NYSE: UAL) has agreed to pay $2.4 million to settle charges in a case where shareholders ...
Read Full Story »
dockside

Costamare Prices Secondary Offering

Costamare Inc. (NYSE: CMRE) shares dropped on Wednesday after the company announced the pricing of its secondary offering. The company intends to offer 12 million shares at $6 apiece, with ...
Read Full Story »
stormy seas

Should DryShips Be a Trump Stock or Something Else Entirely?

It is no secret that many stocks and many sectors have risen sharply after the surprising victory of Donald Trump to be the next president of the United States. Many ...
Read Full Story »
departures

How Investors Can Interpret Warren Buffett Being Bullish on Airlines After Years of Hatred

If you have followed the stocks being sold by Warren Buffett and his team at Berkshire Hathaway Inc. (NYSE: BRK-A) for years, the one thing you will know is that ...
Read Full Story »
Pothole Patch

12 US Cities With the Roughest Roads

Just about the only thing that Democratic presidential nominee Hillary Clinton and Republican candidate Donald Trump agree on is that the nation's infrastructure is crumbling and that something must be ...
Read Full Story »
commercial airline

Intrepid Aviation Gets Closer to IPO

Intrepid Aviation has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). No pricing details were given in the filing. ...
Read Full Story »
coal train

Union Pacific Falls on Sliding Freight Revenues

When Union Pacific Corp. (NYSE: UNP) released its third-quarter earnings report before the markets opened on Thursday, it said that it had $1.36 in earnings per share (EPS) and $5.2 ...
Read Full Story »
american-airlines

American Airlines Earnings Jump on Tax Treatment

American Airlines Group Inc. (NASDAQ: AAL) reported third-quarter 2016 earnings before markets opened Thursday. The airline posted adjusted diluted earnings per share (EPS) of $2.80 on revenues of $10.59 billion. ...
Read Full Story »