Transportation

78480119

TSA Finds 50 Firearms at Airports in One Week

The Transportation Safety Administration reported that officials who examine luggage seized 50 firearms last week. It is a wonder that anyone believes he or she can get a gun onto ...
Read Full Story »
Cars on a lot

Will China’s eHi IPO Make a Splash?

eHi Car Services Ltd. (NYSE: EHIC) has announced that its initial public offering (IPO) of 10 million American depositary shares (ADSs) are expected to enter the market Tuesday morning. Each ...
Read Full Story »
virginjet

Virgin America IPO Ready for Takeoff

Virgin America Inc. (NASDAQ: VA) set its price as $23 for its initial public offering (IPO) Friday morning. The proposed maximum offering price per share was $24, from a range ...
Read Full Story »
Bombardier C100

Have Airline Stocks Rallied Too Much on Lower Oil Prices?

Falling oil prices over the past month have made a huge contribution to the major airliners’ stock prices. The impact of lower oil prices and the continued strong consumer demand ...
Read Full Story »
Airbus A321neo

Intrepid Aviation Files for IPO

Intrepid Aviation Ltd. has filed an S-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 ...
Read Full Story »
Southwest_At_Burbank

Airlines to Make $49.9 Billion on Customer Fees

Aside from the cost of a ticket, airlines passengers are bedeviled by all sorts of fees. These include charges for food, baggage, better legroom and pillows and blankets. Airlines claim ...
Read Full Story »
Virgin Routes

Virgin America Sets IPO Terms

Virgin America Inc. filed its amended S-1 form with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO), and the filing effectively sets the terms. The ...
Read Full Story »
United Airlines

Airlines Earnings Trends: JetBlue, Southwest, United Continental

Earnings season is in full swing and Thursday morning brought three of the major airline earnings reports: Southwest Airlines Co. (NYSE: LUV), JetBlue Airways Corp. (NASDAQ: JBLU) and United Continental ...
Read Full Story »
Trucks

What CSX and J.B. Hunt Earnings Say About the Economy

In what can be seen as a positive sign for the wider economy, CSX Corp. (NYSE: CSX) and J.B. Hunt Transport Services Inc. (NASDAQ: JBHT) have both reported better-than-expected earnings. ...
Read Full Story »
air travel

3 Airline Stocks to Buy That Can Beat Earnings Expectations

If any industry benefits from falling oil prices it is the airlines. In fact, jet fuel accounted for almost 35% of one major airline's spending last year. With prices dropping ...
Read Full Story »
DryShips Image

DryShips Faces Pressure on Note Offering and Analyst Call

DryShips Inc. (NASDAQ: DRYS) faced some turbulent weather in the market on Monday. It has seen its shares drop by as much as almost 20% to a 52-week low, following ...
Read Full Story »
coal train

Canadian Pacific and CSX: Another Mega Merger Easy to Fund

Canadian Pacific Railway Ltd. (NYSE: CP) approached CSX Corp. (NYSE: CSX) about a merger or takeover, depending how a deal might be structured. According to Bloomberg, the U.S. company turned ...
Read Full Story »
American airlines

American Airlines Traffic Not Weak Enough to Drive More Selling

American Airlines Group Inc. (NASDAQ: AAL) has released its traffic report for September. The load factor was down 1.5 points to 80.0%. The total capacity for this month was up ...
Read Full Story »
shanghai

eHi Car Services Files for IPO

eHi Car Services Ltd. filed an 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 ...
Read Full Story »
493567327

Why PEOPLExpress Closed

In an era in which almost all U.S. airlines flourish, a new one, PEOPLExpress, could not make it. The company announced it has suspended service. Like many business enterprises that halt ...
Read Full Story »