Transportation
Transportation Articles
The Commerce Department released the most recent data on the highly volatile Durable Goods Report. The April reading showed a gain of +2.9% versus a Dow Jones estimate of only +2.2% expected. The...
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By Robert Herbst AirlineFinancials.com estimates the nine largest US passenger airlines will end the 2nd quarter with over $1.4 billion in profits. This could increase to $1.8 billion if fuel prices...
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The Eyjafjallajokull volcano erupted off and on from 1821 to 1823, the last time it was active. So, it should come as no surprise that the eruption in early April which effectively cut air travel in...
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The ash problems aloft over Europe created by an Iceland volcano worsened as the cloud from the eruption began to wander. When the same volcano erupted early in the 19th Century, it belched ash...
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It is easy to say that JetBlue’s (NASDAQ: JBLU) $10 two-day ticket promotion is simply a gimmick to celebrate the carriers 10th anniversary, but it has dropped other fares to $44. The pricing will...
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After the Continental Airlines, Inc. (NYSE:CAL) merger announcement with UAL Corporation (NASDAQ: UAUA) , something interesting happened in the sector. Suddenly the valuations seemed too high. ...
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Maybe it is the Iceland volcanic ash clouds, maybe it was the market, but more likely than not it was the state of airline mergers that crushed airlines today. Continental Airlines, Inc. (NYSE:...
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The Eyjafjallajokull volcano in Iceland began to erupt again, grounding flights in the northern UK. And there are fears that the nearby Katla volcano may be unstable. Airports around Europe may be...
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By Robert Herbst And so it goes after years of trying, United Airlines (NASDAQ: UAUA) finally found a competing airline to say “yes.” Big “deals” usually mean there is a consequence to doing...
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By Robert Herbst How about it is the only consistently profitable US airline for the last 29 consecutive quarters? Allegiant (ALGT), based out of Las Vegas, labels themselves as: “A leisure travel...
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By Robert Herbst After only $99 million profit on $10.4 billion in revenues last year, the best Southwest NYSE: LUV) could do for the recent 1st quarter was a paltry $11 million profit ($24 million...
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US Airways breaks off merger talks with UAL Corp. (Updated from MarketWatch at 10.50 AM EST) The IATA, the airline industry’s trade association which has over 220 members, reported that carriers...
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The cost of the Iceland volcanic eruption to airlines has reached $1.7 billion and it has risen at a rate of $400 million from April 17 to 19 period. Some of Europe’s largest airlines may be in...
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DryShips Inc. (NASDAQ: DRYS) is back at the trough for more capital. The Greek shipping and marine transport company announced after the close that it has commenced a public offering of $150...
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Shipping, transportation, and logistics… all winners in the economic recovery. An article titled “Can Logistics Stocks Carry the Load for Investors?” by Morningstar’s Keith Schoonmaker...
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