Transportation
Transportation Articles
ThinkstockThe railroad industry is patting itself on the back for agreeing to a number of steps that it says will make a “safe rail network even safer.” The U.S. Department of Transportation, the...
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ThinkstockDryships Inc. (NASDAQ: DRYS) has reported its fourth quarter earnings. The drybulk and petroleum products marine transportation services provider reported a net loss of $24.4 million, or a...
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American Airlines announced on Monday that passenger traffic rose by 3.8% in January, and it now expects revenue per available seat mile to rise 2% to 4% year-over-year in the first quarter of 2014.
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Courtesy United Parcel Service Inc.According to some estimates, up to 40% of the value of world trade travels by air. Thinking about that, the factoid has the ring of truth. You don’t need a...
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YRC Worldwide is enjoying the benefits of a its union deal, although this gain likely is coming at the expenses of its peers and competitors. The company can now focus on restructuring and...
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Warren Buffett has said for years that he wants anyone to talk him out of owning an airline. That, of course, was before airlines became wildly profitable.
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The holiday season brought little joy to United Parcel Service. The package shipping company warned Friday that huge demand for late holiday shipping will cut fourth-quarter earnings below Wall...
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YRC Worldwide is a company that just cannot seem to ever get it right. The trucking company's stock has been in the penalty box this week, and shares were down 20% in Friday trading.
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There is no question that 2013 was a very good year for airline stocks. The icing on the cake was the merger between American Airlines and U.S. Airways. The new year is shaping up to be another good...
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ThinkstockA wicked cold spell in the United States has caused what now is reportedly more than 9,000 flight cancellations. Now we have word that JetBlue Airways Corp. (NASDAQ: JBLU) is suspending...
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ThinkstockAfter reporting a 10% increase in passenger revenues for the month of December on Friday morning, Delta Air Lines Co. (NYSE: DAL) raised its estimate for the company’s fourth quarter...
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In a new research report, analysts at Deutsche Bank are very positive on transportation stocks in 2014, despite a strong outperformance in the past year.
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Adrian Pingstone, via Wikimedia CommonsFedEx Corp. (NYSE: FDX) reported second-quarter fiscal 2014 results before markets opened Wednesday morning. The package delivery service reported diluted...
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ThinkstockThe decline in prices for jet fuel is the primary reason for a rise in the outlook for airline profits in 2013, according to the International Air Transport Association (IATA). Ancillary...
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ThinkstockBerkshire Hathaway Inc. (NYSE: BRK-B) is under Warren Buffett and one of its biggest bets ever was the “All In Bet on America” that Buffett made when we he acquired the Burlington...
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