50 Top Transportation Stocks List
This page shows information about the 50 largest transportation stocks including United Parcel Service, Union Pacific, Canadian National Railway, and Canadian Pacific Railway. Learn more about transportation stocks. 1 –…
Shipping line Zim gets hammered by high spot-rate exposure
Zim, the world’s 10th-largest container line operator, has sunk into the red as its boom-era contract coverage has crumbled under the weight of falling spot rates. The Israel-based ocean carrier…
Why Canada’s two big railways are livid over Justin Trudeau’s attempt to force competition
Ottawa is trying to curb the market power of Canada’s two major railways, setting the stage for a nasty public battle in the Prairies. The railways have launched an aggressive…
An unusually terrible freight market may get a lot worse
“It’s the worst freight market since the Great Financial Crisis.” This statement is commonly heard on our channel checks among carrier and broker executives and often repeated on social media.…
XPO drives to top industrial gainer of week, Mexican airport operators among losers
The Industrial Select Sector (XLI) was among the six, out of the 11 S&P 500 sectors, which closed the week in green (+0.78%). However, the SPDR S&P 500 Trust ETF…
‘Freight recession’ snares J.B. Hunt in Q1
Mid-50% intermodal bid compliance an ‘all-time low’ A falloff in container imports into the nation’s West Coast along with weaker domestic trucking volumes pushed J.B. Hunt Transport Services’ first-quarter results…
FedEx stock gains as analysts applaud simplified business structure
FedEx Corporation (NYSE:FDX) added to gains on Thursday as analysts took a positive view of the company’s cost savings plans laid out on Wednesday. The transportation giant outlined plans to…
UPS May Be Boring, But The Dividend Growth Is Immense
Summary A shipping company may seem stale or boring in a world where technological advances continuously grab headlines. Artificial intelligence (AI), Metaverse, Web3, and Quantum Computing are some of the…
CSX: On Track For Solid Dividend Growth
Summary Investment thesis CSX (NASDAQ:CSX) displays little in terms of top-line growth but has demonstrated an ability to increase efficiency in operations resulting in improved profit and cash flow margins.…
Trucking stocks rev higher after mega merger between Knight-Swift and U.S. Xpress
The trucking sector is on watch on Tuesday after a mega-deal was announced with Knight-Swift Transportation (NYSE:KNX) acquiring U.S. Xpress (USX) for a hefty premium. The $808M deal will go…
FedEx stock flies higher as cost-saving efforts bear fruit
FedEx Corporation (NYSE:FDX) shares gained sharply in Thursday’s extended trading after posting far stronger than expected profits in its fiscal third quarter. For Q3, the Memphis-based transportation company posted $3.41…