Transportation
Transportation Articles
United Parcel Service, Inc. (NYSE: UPS) is joining the flow of big important companies reporting disappointing earnings. While the earnings were up 7.5% from a year ago, the 2012 guidance is...
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Japanese airlines All Nippon Airways (ANA) grounded 5 of its 11 787 Dreamliners from Boeing Co. (NYSE: BA) following tests that indicate a risk of corrosion in the plane’s Rolls-Royce engines....
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Railroad operator Genesee & Wyoming Inc. (NYSE: GWR) announced this morning that it would acquire RailAmerica Inc. (NYSE: RA) for $27.50 per share in an all-cash deal worth about $1.39 billion....
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The battle between management at bankrupt AMR and the management of US Airways (NYSE: LCC) about a possible takeover of the troubled carrier continues. Public comments by US Airways CEO Doug Parker...
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Shares of Union Pacific Corp. (NYSE: UNP) are up about 18% over the past 12 months, trailing only Canadian Pacific Railway Ltd. (NYSE: CP), up 21%, and Kansas City Southern (NYSE: KSU), up 20%....
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By the end of next week, AirlineFinancials.com is projecting the seven largest U.S. airlines will have collectively reported $2.0 billion in profits from $37.1 billion in revenue for the...
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At the close of last week’s Farnborough Air Show near London, Boeing Co. (NYSE: BA) reported that it had taken orders with a list price value of $35.6 billion. Airbus reported new orders with a...
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We reported this morning that Boeing Co. (NYSE: BA) was expected to announce an order today for 100 of its new 737 MAX aircraft from United Continental Holding Co. (NYSE: UAL) as the Farnborough Air...
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The Farnborough Air Show near London ends today, and both Boeing Co. (NYSE: BA) and European Aeronautic Defense and Space Co. (OTC: EADSY), makers of the Airbus family of planes, will tout the number...
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AMR filed for Chapter 11 more than seven months ago. Management had harbored hope that the company and its American Airlines operations could emerge as independent operations. AMR has decided to...
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Airbus, the primary rival of Boeing (NYSE: BA), will open a plant in Alabama. It may have made the decision to counter American politicians’ belief that Airbus works in the interests of its...
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Dry bulk shipper Eagle Bulk Shipping Inc. (NASDAQ: EGLE) filed a Form S-3 with the SEC this morning announcing the sale of up to 3.15 million shares of common stock priced at $2.84. Shares closed at...
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Shares of Ryder System Inc. (NYSE: R), the truck rental and leasing firm, are getting pummeled today following last night’s revisions to the company’s second quarter and full fiscal year...
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As an indicator of US economic trends, the trucking industry has been a consistent leading indicator of the direction the economy is heading. No economic downturn has ever been recorded without...
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While airline fees for checked baggage are decidedly unpopular among travelers, other factors can combine to overcome the negative impact of fees. Low-cost carriers appear to have the advantage here...
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