Airlines See Only Limited Relief From Federal ProgramÂ
Ten U.S. airlines have agreed to terms with the Treasury Department to accept assistance from the $25 billion fund designated to keep airline employees working through the end of September.
Transportation
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Why CSX Stock Looks Good Even If the Market Goes South
Yet, as the global economy picks up and China starts shipping again, railroads will get busier. CSX stock may be positioned to reap some of the benefits of the pandemic down the line.
Is Amazon Getting Out of the Shipping Business?
Amazon is reportedly shutting down a delivery service that picks up goods from a seller's location and delivers them to customers. This doesn't necessarily mean that the e-commerce giant is giving up on last-mile…
Traffic Deaths Likely to Drop Sharply as People Remain Home
Cities and states have started to report that traffic accident rates have dropped in the past month, as people remain home.
Why America May Not Need 4 Big Airlines
The number of people who travel by air on a given day has dropped by as much as 80%. That begs the question of whether the United States needs four big carriers.
Consumer Rights Group Protests Airline Practices
Airline employees have complained about safety conditions on the few flights that still serve American cities. A consumer group has protested current practices and offers suggestions for how carriers and passengers can travel more…
CSX Stock May Benefit From the Greater Need for Shipping
Ironically, the destruction that the spread of coronavirus has brought to the economy has created the need to move even more things by rail, truck and air. CSX is in one of the few…
Why Is Qatar Airways Still Advertising?
Qatar Airways must be an exception to an industry so badly gutted as it continues to run an aggressive ad campaign.
FedEx Surges Despite ‘Uncertain’ Guidance
FedEx reported fiscal third-quarter financial results after markets closed Tuesday. The company missed on profit expectations but beat on revenues. Investors seemed happy.
What to Expect When FedEx Reports After the Close
FedEx is scheduled to release its fiscal third-quarter financial results after the markets close on Tuesday. With more and more people practicing social distancing and even quarantining, the shipping industry could clean up.
Is It Time for CSX Stock to Get Back on Track?
CSX was one of the worst-performing railroads in 2019, and with market uncertainty at an all-time high, the future for the stock is a little hazy.
Coronavirus Impact on Airlines Has Warren Buffett Down $2.7 Billion Year to Date
24/7 Wall St. has reviewed the latest stakes held by Team Buffett in the airlines to see just how bad the damage has been since the end of 2019.
How Each Airline Is Withstanding the Coronavirus Destroying Travel Demand
24/7 Wall St. has tracked the incredible drop in the airline stocks as things have gone from bad to worse.
For CSX Stock, Things Could Get Worse
Once China's manufacturing capacity comes back, goods will begin flowing around the globe again. At least that's what CSX investors seem to be counting on.
COVID-19 Could Cripple Airlines With $113 Billion Revenue Loss
An airline industry group reports that under a worst-case scenario of a COVID-19 spread, the airlines could suffer a tremendous loss in revenue this year.