Flying From New York to Singapore for $20,000
For anyone who wants to figure out how airlines make their money, a look at first-class air prices should be enough.
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Newest first · Page 35Is Southwest Now the Best Airline for Investors?
Southwest Airlines is now the best airline for investors. At least that is the take from Stifel after the firm upgraded the stock of the super-regional airline to Buy from Hold.
Southwest, American Airlines Passenger Traffic Gains Altitude
Passenger travel was up in May, according to Southwest Airlines and American Airlines, which includes the results of US airways.
Cowen Raises Price Targets on Top Railroad Stocks to Buy
A new research report from Cowen points out that the top railroad stocks' load factors have been tremendous, diesel fuel prices are high, but stable, and the horrible weather of the first quarter is…
The Mysterious Rise Behind NewLead Shipping
NewLead Holdings jumped from a penny stock last Thursday when the dry bulk shipping company enacted a one-for-50 reverse stock split so its shares would meet the minimum requirement for a listing on the…
Southwest Delivers Dividend Hike and New Share Buyback Plan
Southwest Airlines has decided to return even more capital back to its shareholders. The discount airline's board of directors has approved a higher dividend and a new share repurchase program.
Will Airlines Perform Better in Warmer Weather?
ThinkstockAirline stocks are having another very good year so far in 2014, after a better-than-solid 2013. Since the beginning of the year, airline stocks are up about 30%, and there does not appear to…
CSX Train Derails and Catches Fire in Virginia
city of lynchburgCSX Corp. (NYSE: CSX) has just found itself on the bad end of a potentially serious public relations event. Hopefully the only damage is non-bodily. A train that has been reportedly owned…
FedEx Chops Forecast as Earnings Struggle With Weather, Fuel Costs
FedEx reported disappointing fiscal third-quarter 2014 results before markets opened Wednesday morning. The package delivery services provider also lowered its EPS forecast for the full year.
Rail Traffic Jam Could Take Months to Clear, Hurt Earnings
ThinkstockRecent 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% in past few months,…
United Has Seen 22,500 Flight Cancellations Already in 2014, Guess About Guidance
ThinkstockAirline 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 – a very rough start.…
Is This Really a Solution to Rail Tank Car Explosions?
ThinkstockThe 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 of Transportation, the Federal…
Making Heads or Tails of Dryships Earnings Release
ThinkstockDryships 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 per share, versus a…
American Airlines Traffic Boosts Stock to New High
American Airlines announced on Monday that passenger traffic rose by 3.8% in January, and it now expects revenue per available seat mile to rise 2% to 4% year-over-year in the first quarter of 2014.
Air Cargo Weakness Threatens Airline Revenues
Courtesy United Parcel Service Inc.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…