Transportation

Chopped CSX Outlook Weighs on All Railroad Stocks

Posted: July 17, 2019 at 11:15 am

Not only did CSX Corp. (NASDAQ: CSX) miss analysts' second-quarter estimates for earnings and revenues late Tuesday, the nation's third-largest railroad also cut its revenue outlook for the year by ...
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Are United Airlines Earnings Enough for Investors?

Posted: July 16, 2019 at 4:33 pm

United Airlines Holdings Inc. (NASDAQ: UAL) released second-quarter financial results after markets closed Tuesday. The company said that it had $4.21 in earnings per share (EPS) and $11.4 billion in ...
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American to Cancel 115 Flights a Day Due to Boeing 737 Max

Posted: July 15, 2019 at 6:10 am

The Boeing 737 Max 8 could be grounded into 2020. Several airlines that own or lease many of the planes will suffer more than others. American Airlines Group Inc. (NASDAQ: ...
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Transportation Worries as Credit Suisse Downgrades Major Trucking Companies

Posted: July 11, 2019 at 10:55 am

Some investors believe that the transportation sector has to be healthy for the stock market to remain strong. After all, it's those trucks, trains and planes that move all the ...
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What to Expect When Delta Air Lines Reports Thursday

Posted: July 10, 2019 at 4:00 pm

Delta Air Lines, Inc. (NYSE: DAL) is scheduled to release second quarter financial results before markets open Thursday. The consensus estimates are calling for $2.25 in earnings per share (EPS) ...
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Why Delta Could Fly All Airline Stocks Higher in a Sector Breakout

Posted: July 8, 2019 at 1:55 pm

With the stock market close to all-time highs, some investors are wondering whether they should lock in their gains or step into some aspects of the market that have not ...
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Despite 737 MAX Grounding, US Airlines May Not Be Suffering

Posted: July 3, 2019 at 1:00 pm

Since the Boeing Co. (NYSE: BA) 737 MAX was grounded worldwide in March, U.S. airlines have been canceling flights that had been scheduled on Boeing's newest single-aisle jet. Those cancellations ...
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Flying Is a Dirty Business

Posted: July 2, 2019 at 9:02 pm

The longest nonstop airline flight in the Lower 48 states is a 2,780-mile journey between Seattle and Miami. One 5,440-mile round-trip between those two cities coughs up more than 3,500 ...
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Genesee & Wyoming Acquisition Boosts Rail Stocks

Posted: July 1, 2019 at 11:20 am

For nearly 80 years since its founding in 1899, the Genesee & Wyoming Railroad's sole asset was a 14-mile stretch of track in western New York. Since 1977, the company, ...
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Flying This Summer? This Is Where You’re Likely to Be on Time

Posted: June 27, 2019 at 10:45 am

The airline industry data company OAG has just released its annual report on airline and airport on-time performance -- and the news isn’t good for passengers flying around the U.S. ...
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Should FedEx Get More Credit for Its Q4 Earnings?

Posted: June 26, 2019 at 11:10 am

When FedEx Corp. (NYSE: FDX) released its fiscal fourth-quarter results after the markets closed on Tuesday, the delivery giant said that it had $5.01 in earnings per share (EPS) and ...
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As If China Weren’t a Big Enough Headache, FedEx Picks a Fight With the US Government

Posted: June 25, 2019 at 10:00 am

Package shipper FedEx Corp. (NYSE: FDX) on Monday filed a lawsuit in U.S. District Court seeking an injunction against the U.S. Department of Commerce related to the department's requirement that ...
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What to Expect When FedEx Reports Tuesday

Posted: June 24, 2019 at 11:10 am

FedEx Corp. (NYSE: FDX) is scheduled to release its fiscal fourth-quarter financial results after the markets close on Tuesday. The consensus forecast calls for $4.93 per share in earnings and ...
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Domestic Flights Expected to Boom Over the Next 20 Years, but Mostly in One Country

Posted: June 18, 2019 at 9:12 am

In most developed nations, airports are stacked with airplanes that carry hundreds of millions of people each year. Growth in air travel will drive a need for new planes. An ...
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Airlines Driving Transportation ETFs in Rare Price Hike Cheer

Posted: June 13, 2019 at 4:05 pm

Some investors believe that the transportation stocks have to do well for the stock market to do well. After all, if people and goods are not being transported around the ...
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