Transportation

FedEx Plane

FedEx Chops Forecast as Earnings Struggle With Weather, Fuel Costs

FedEx Corp. (NYSE: FDX) reported fiscal third-quarter 2014 results before markets opened Wednesday. The package delivery services provider reported diluted earnings per share (EPS) of $1.23 on revenues of $11.3 ...
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Railroad Oil Tank Cars

Rail Traffic Jam Could Take Months to Clear, Hurt Earnings

Recent bad weather, a surge in crude shipments and a record grain crop have combined to create a jam in cargo delivered by rail. Train speeds have dropped around 9% ...
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airplane

United Has Seen 22,500 Flight Cancellations Already in 2014, Guess About Guidance

Airline stocks have soared higher and higher. The age of consolidation is allowing the airlines to charge whatever they want, but 2014 is getting off to a rough start - ...
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Railroad Oil Tank Cars

Is This Really a Solution to Rail Tank Car Explosions?

The railroad industry is patting itself on the back for agreeing to a number of steps that it says will make a “safe rail network even safer.” The U.S. Department ...
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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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airplane

American Airlines Traffic Boosts Stock to New High

The world's largest airline as measured by traffic announced on Monday that passenger traffic rose by 3.8% in January. Based on one month of actual data and two months of ...
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UPS plane

Air Cargo Weakness Threatens Airline Revenues

According to some estimates, up to 40% of the value of world trade travels by air. Thinking about that, the factoid has the ring of truth. You don’t need a ...
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sunset empy road

YRC Pact Likely Bad for Competitors

YRC Worldwide Inc. (NASDAQ: YRCW) is enjoying the benefits of its union deal, although what is not discussed as much is that this gain is likely coming at the expenses ...
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737 MAX 8 artwork SWA Southwest Airlines

Earnings in the Air: Southwest vs. United

Warren Buffett has said for years that he wants anyone to talk him out of owning an airline. That, of course, was before airlines became wildly profitable and before consolidation ...
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shipping boxes

UPS Woes Partly a Worry for FedEx, Amazon Plays Its Role

The holiday season brought little joy to United Parcel Service Inc. (NYSE: UPS). The package shipping company warned Friday that huge demand for late holiday shipping will cut fourth-quarter earnings ...
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Trucks

Is YRC Worldwide Doomed?

YRC Worldwide Inc. (NASDAQ: YRCW) is a company with a stock that just cannot seem to ever get it right. Despite having more than quadrupled from its lows of last ...
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Airplane, dusk

A Value Opportunity Arises in Airline Stocks

There is no question that 2013 was a very good year for airline stocks, and the new year is shaping up to be another. The major U.S. carriers were able ...
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airplane

JetBlue Smashed as Flight Cancellations Build

A wicked cold spell in the United States has caused what now is reportedly more than 9,000 flight cancellations. Now we have word that JetBlue Airways Corp. (NASDAQ: JBLU) is ...
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airplane

Delta’s December Revenues Show Big Jump, Outlook Improves for Q4

After reporting a 10% increase in passenger revenues for the month of December on Friday morning, Delta Air Lines Co. (NYSE: DAL) raised its estimate for the company’s fourth quarter ...
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Railroad

Deutsche Bank Raises Price Targets on Top Transport Stocks to Buy for 2014

Generally during any secular bull market, the industrial stocks that are classified as transports are a leading indicator and usually a leading sector. Transports often give market strategists a glimpse ...
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