FedEx Corporation (NYSE: FDX) has announced two initiatives and the more important issue to long-term shareholders was almost lost in the shuffle. The first initiative is a plane retirement announcement, but the better news…
Delta Air Lines Co. (NYSE: DAL) reported May traffic numbers this morning and the results have been dragging down sector stocks. Here’s the root of the problem: While lower than recent guidance by one…
The International Air Transport Association (IATA) today released traffic data for April showing that total passenger demand rose 6.1% year-over-year, with international traffic up 7.4% and domestic traffic up 3.9%. Freight traffic slowed by…
When Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-B)(NYSE: BRK-A) made the acquisition of Burlington Northern Santa Fe, the speculation was that more rail mergers could be expected. After all, if Warren Buffett likes…
Canadian Pacific Railway Ltd. (NYSE: CP) announced this morning the resignation of Fred Green, President and CEO of the company following a 34-year career at the railroad. In its announcement the railroad’s chairman said,…
Airlines as a group had their best on time arrival performance in the first quarter since the Transportation Department began to collect data in 1995. The news was particularly good for customers of the…
YRC Worldwide Inc. (NASDAQ: YRCW) gets the dubious honor of having The Lamest Headline of the Day! This one looks as though it was brought to you right from the Department of Who Frigging’ Cares. To…
FedEx Corp. (NYSE: FDX) announced this morning that it has signed an agreement to acquire French express transportation company TATEX. The acquisition is subject to regulatory approvals and no details were given on the…
The past year has not been particularly kind to rail car makers. That may be changing, with FreightCar America Inc.’s (NASDAQ: RAIL) first quarter earnings report out this morning. Despite lower rail traffic due…
The problem of small cracks in the wings of the Airbus A380 have been well-publicized and led to the company being named to our list of the nine most damaged brands in the US.…
One of the press’ favorite business stories this week is about Spirit Airline’s plan to charge as much as $100 for big carry on bags. The airline sets its ticket prices so low that…
Two of the US’s largest airlines reported earnings today, Delta Air Lines Inc. (NYSE: DAL) and US Airways Group Inc. (NYSE: LCC), and both showed a profit thanks to mark-to-market gains on fuel hedges.…
Aircraft maker Boeing Co. (NYSE: BA) reported first quarter earnings this morning that handily beat expectations for EPS and revenues. EPS came in at $1.22 on revenue of $19.4 billion, compared with consensus estimates…
If any of the major US railroads needed a good quarter, it was Canadian Pacific Railway Ltd. (NYSE: CP). The company has been fighting a running battle with activist investor William Ackman for over…
US railroads have suffered from the warm winter with falling volume on coal transportation, but rising prices for gasoline and diesel fuel have bumped up container (intermodal) traffic and taken much of the sting…