Adrian Pingstone, via Wikimedia CommonsPackage delivery service FedEx Corp. (NYSE: FDX) said on Wednesday that it expects a 13% increase in global shipments during its busiest week of the year. That would be from…
ThinkstockNavigator Holdings Ltd. has joined the list of companies looking to capture the interest of a strong market for initial public offerings. The company filed its IPO paperwork (F1) with the Securities and Exchange…
ThinkstockThe controversial and pending merger of AMR Corp. (OTC Markets: AAMRQ) and US Airways Group, Inc. (NYSE: LCC) is looking more and more likely again. What has happened under the government shutdown is that…
ThinkstockDryShips Inc. (NASDAQ: DRYS) has been addicted to raising capital via share sales in the past, and shares are facing real pressure on Monday based on yet another stock offering. The shipping player announced…
ThinkstockAirline stocks have been a frustrating mistress over the past 25 years. Investors became accustomed to airlines and their frequent trips to bankruptcy, and then often to the airline graveyard, where Eastern, TWA, Pan…
ThinkstockAirlines hit hard by rising fuel costs have adopted many of the same countermeasures that drivers hit with higher fuel costs use: fewer trips and more efficient vehicles. The main difference is scale. An…
ThinkstockThe proposed merger to create the largest airline is running into trouble. Reports were out that AMR Corp. (AAMRQ) is facing an unexpected regulatory situation regarding its merger (takeover of, actually) with U.S. Airways…
Tesla Motors blogElon Musk’s much talked about Hyperloop has been released in its infancy, and this already seems to be one of those projects that is likely to get lost in the shuffle. Unless Musk…
ThinkstockThe 2012 State of the Climate report released by the American Meteorological Society (AMS) indicates that “Conditions in the Arctic were a major story of 2012.” Ice in the region is melting at an…
ThinkstockThe airlines sector in transportation has done very well in this recovery. It turns out that lowering capacity, merging rivals, increasing airfares, and upping the charges for just about every aspect of what customers…
ThinkstockThree tanker cars filled with ethanol are leaking the fuel from a CSX Corp. (NYSE: CSX) train that derailed at the Port of Tampa. Fifteen cars are off the track and firefighters are using…
Courtesy United Parcel Service Inc.United Parcel Service Inc. (NYSE: UPS) cut its second-quarter and full-year earnings guidance this morning, citing overcapacity in the air freight market, a slowing U.S. economy and customers who are…
ThinkstockTransportation stocks are typically leading indicators for the economy and the stock market. They did well in the first half of the year, outperforming the S&P 500 by almost 4%, despite the fact that…
ThinkstockA Swiss International Air Lines plane landed at New York’s JFK airport last night with a delivery of cash for the Federal Reserve Bank of New York. The plane was supposed to be carrying…
ThinkstockShip Finance International Ltd. (NYSE: SFL) is seeing shares take it on the chin on Tuesday morning after news that the company is planning to sell some 8 million shares in a secondary offering.…