Transportation
Transportation Articles
The CEO and director general of the International Air Transport Association (IATA) told the group’s annual meeting in Beijing that the industry is “fragile … with serious downside risks.” The...
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Jon OggFedEx Corp. (NYSE: FDX) announced this morning that it would raise shipping rates at its FedEx Freight subsidiary by 6.9% beginning in July. The change affects shipments between the US and...
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The global airline industry is no where close to recovery according to the head of its largest trade association. “Oil prices are high, although moderating somewhat from recent peaks. The European...
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The airline industry was looking like it was all set for recovery just last week. Despite the economic softness, three different analysts were talking up the sector. It turns out that at least...
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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...
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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...
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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...
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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...
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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...
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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...
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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’...
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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...
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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...
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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. Now the problems seem...
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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 large fees are...
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