Transportation

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. ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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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 ...
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Southwest_At_Burbank

Could Canada Be the Next Growth Market for Southwest Airlines?

Southwest Airlines Co. (NYSE: LUV) has been a changing carrier in recent years. It has resisted the urge to bilk its customers with endless fees, it has acquired AirTran, it ...
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United Airlines

Why Credit Suisse Sees Clear Skies Ahead for Airlines

The U.S. airline sector has undergone key changes since in the past decade. Airlines had a hard time remaining profitable throughout the whims of a business cycle, and new airline ...
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$5

Frontier’s $15 Fares and Airline Profits

Former American Airlines Group Inc. (NASDAQ: AAL) CEO Bob Crandall used to say that the airline industry was the only one in which the worst-run companies set prices. If so, ...
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air travel

Dubai Airports to Spend $32 Billion on Expansion

Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the United Arab Emirates and Ruler of Dubai, made an endorsement in the amount of $32 billion for the ...
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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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Southwest_At_Burbank

Southwest Posts Worst On-Time Arrival Record

According to statistics from the U.S. Department of Transportation’s Air Travel Consumer Report, Southwest Airlines (NYSE: LUV) posted the worst record among major airlines for on-time arrivals in June at 66.8%. Hawaiian ...
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United Airlines

United Is America’s Worst Airline

U.S. airlines are among the lowest-rated industries in the country when it comes to customer satisfaction. According a survey completed earlier this year by the American Customer Satisfaction Index (ACSI), ...
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air travel

J.P. Morgan’s Huge Upward Revisions on Airline Price Targets

The airline passenger is the perfect captive audience. If you want to travel somewhere, and the airline that serves you and your area has a multitude of extra costs, like ...
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