Transportation
Transportation Articles
DryShips, Inc. (NASDAQ: DRYS) has been one of the day trader’s dreamboat stocks, and no pun is intended. You can hardly go a day where there is not a $1.00 change in either direction. Now this...
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Burlington Northern Santa Fe Corp. (NYSE: BNI) is set to report earnings today, and this comes just a day after competitor CSX Corp. (NYSE: CSX) earnings missed analyst expectations after a resort...
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The airline industry keeps drawing the short straw. A year ago, the carriers were being pounded by high jet fuel price due to rocketing crude. Now the price of oil is down by 75%, and the cost of...
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The business of trucking and transporting goods has not been a stellar for quite some time. In 2007 to 2008, the sector was hurt by escalating gas prices and an inability to pass on fuel...
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There has been one shipping company which has been largely immune to the woes of the shipping sector and the global economy. That is Nordic American Tanker Shipping Ltd. (NYSE: NAT). It has been...
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Burlington Northern Santa Fe Corp. (NYSE: BNI) does not have a new shareholder. But Warren Buffet’s Berkshire Hathaway Inc. (NYSE: BRK-A) did increase the size of the stake held in Burlington...
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Jet fuel prices dropped in November as did passenger traffic. Just this last summer, people were flying but the cost of fuel was pushing big carriers toward bankruptcy. Fuel prices were such an issue...
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With oil prices dropping, the cost of jet fuel is down by more than 50%. That makes the rush to merge airlines which accelerated earlier this year look like an idea whose time came and then went....
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______________________________________________________________Airline Industry 2009 Recovery – MAYBE – By Robert Herbst Only weeks ago due to the unprecedented rise in fuel costs, analysts were ...
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Southwest Airlines Co. (NYSE: LUV) has announced its first efforts to go cross-border to our closest neighbor to the south. The discount airline carrier intends to build a codeshare partnership with...
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One of the recurring themes found in the history of the airline industry is the ability of carriers to go into Chapter 11 often emerging with little debt and fewer employees. Aloha Air, ATA, and...
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It is no secret that shipping stocks have been horrible performers of late. In fact, they have made the dismal performance seen at some trucking companies look like trucking was a blue chip...
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AMR Corporation (NYSE: AMR) has posted a net profit of $45 million for the third quarter, which generated earnings at $0.17 EPS. Be advised that this gain does include sale gains and other items. ...
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There was an interesting Form 4 filed today with the SEC. Warren Buffett’s Berkshire Hathaway (NYSE: BRK-A) has artificially added to his holdings of Burlington Northern Santa Fe Corp. (NYSE:...
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If you were against airline mergers, you might be preaching to the deaf now. Northwest Airlines Corporation (NYSE: NWA) has voted in favor its merger with Delta Air Lines (NYSE: DAL). Delta has...
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