YRC Pact Likely Bad for Competitors
YRC Worldwide is enjoying the benefits of a its union deal, although this gain likely is coming at the expenses of its peers and competitors. The company can now focus on restructuring and refinancing…
YRC Worldwide is enjoying the benefits of a its union deal, although this gain likely is coming at the expenses of its peers and competitors. The company can now focus on restructuring and refinancing…
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.
The holiday season brought little joy to United Parcel Service. The package shipping company warned Friday that huge demand for late holiday shipping will cut fourth-quarter earnings below Wall Street estimates.
YRC Worldwide is a company that just cannot seem to ever get it right. The trucking company's stock has been in the penalty box this week, and shares were down 20% in Friday trading.
There is no question that 2013 was a very good year for airline stocks. The icing on the cake was the merger between American Airlines and U.S. Airways. The new year is shaping up…
ThinkstockA 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 suspending operations on Monday…
ThinkstockAfter 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 operating margin from 5.5%…
In a new research report, analysts at Deutsche Bank are very positive on transportation stocks in 2014, despite a strong outperformance in the past year.
Adrian Pingstone, via Wikimedia CommonsFedEx Corp. (NYSE: FDX) reported second-quarter fiscal 2014 results before markets opened Wednesday morning. The package delivery service reported diluted earnings per share (EPS) of $1.57 on revenues of $11.4 billion.…
ThinkstockThe decline in prices for jet fuel is the primary reason for a rise in the outlook for airline profits in 2013, according to the International Air Transport Association (IATA). Ancillary revenues, the IATA’s…
ThinkstockBerkshire Hathaway Inc. (NYSE: BRK-B) is under Warren Buffett and one of its biggest bets ever was the “All In Bet on America” that Buffett made when we he acquired the Burlington Northern Santa…
courtesy of American AirlinesThe closing of the merger between American Airlines and U.S. Airways closed Monday morning and a new company, American Airlines Group Inc. (NASDAQ: AAL) has emerged and begun trading. This is…
Now that the U.S. Department of Justice has approved the proposed merger between U.S. Airways Group Inc. (NYSE: LCC) and AMR Corp. (AAMRQ), the two companies got down to the serious business of choosing…
ThinkstockThe merger to create the world’s largest airline, which had been stalled by a lawsuit filed by the U.S. Department of Justice, has reached a settlement Tuesday and the news has lifted all airline…
ThinkstockA 90-car train operated by a subsidiary of Genesee & Wyoming Inc. (NYSE: GWR) delivering crude oil from North Dakota to Florida continues to burn Saturday after 20 cars and 2 engines derailed in…