Transportation
Transportation Articles
CSX CEO says the rail company has responded well to the pandemic slump and aims to take market share from the trucking industry.
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United Airlines plans to raise $5 billion in new debt using its frequent flyer rewards as collateral. By the end of September the company expects to have about $17 billion in liquidity.
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CSX has been able to cut expenses more than the pandemic has cut revenue, while modernizing and improving fuel efficiency.
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24/7 Wall St. screened the BofA Securities airline stock universe looking for Buy-rated companies that make sense for investors now. These three are solid ideas for long-term growth investors.
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CSX had good first quarter numbers. The reopening of the economy and signs of strength in the labor market point to a solid second quarter.
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American Airlines will lay off 5,000 people. The airline has been crippled by the sharp decline in travel.
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Any supply-side relief for the U.S. rail industry is likely to come as an afterthought because politicians will go for the high-visibility parts of the economy first.
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Latin America's largest airline filed for bankruptcy protection late Monday. Its shares did not trade at all during Tuesday's regular session.
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Before the COVID-19 pandemic brought the U.S. economy almost to a halt, CSX was expecting 2020 to be a great year. But now that shipments have been drastically cut, the company is using the situation...
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Monitoring freight and rail traffic is one of the primary means of knowing what is happening inside the economy. The situation looks dire.
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With solid financials and a likely shift to domestic manufacturing in some sectors, CSX is well placed to benefit from coronavirus recovery.
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Norwegian Cruise Line stock saw a handy gain on Wednesday after the company announced that it had secured more liquidity to help keep it afloat through the next 12 months.
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The U.S. Department of Transportation has allowed certain smaller airline carriers to suspend services to some cities.
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Southwest Airlines posted a first-quarter loss Tuesday morning due to the impact of the COVID-19 pandemic. The company expects the second-quarter to be worse.
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The coronavirus pandemic has all but brought the U.S. and global economies to a halt. The effects of stay at home orders ripple through the supply chain and hit transportation companies especially...
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