Will Ryanair Stock Gains, Strong Estimates Help it Fly?
Key Points Ireland’s Ryanair posted impressive price gains in October and may be climbing out of a base. Ryanair’s CEO forecasts a strong rebound in travel. Other airlines provided strong…
East Coast Retail Diesel Prices Moving Significantly Higher Than Overall US Hikes
East Coast retail diesel prices are soaring relative to the rest of the country, propelled by inventories in the region that are almost half of what they normally should be…
7 Trucking Stocks to Sell as the Shipping Boom Goes Bust
It’s time to be realistic about this transportation industry Waning demand and macro headwinds mean it’s time to consider trucking stocks to sell. Daseke (DSKE): Revenue trends have been declining for…
Canadian Pacific anticipates growth opportunities post-merger
Grain, intermodal and potash to support Q4 activity Canadian Pacific is eager to secure new business and expand existing opportunities as it gears up for a potential merger with Kansas…
Climate Regulations Are About to Disrupt the Shipping Industry
There’s been a lot of strain on global supply chains in recent years. From the Covid-19 pandemic to Russia’s recent invasion of Ukraine, More Than Shipping has covered the disruptions…
United Parcel Service: Solid Q3 Report, But Freight Headwinds May Grow Dramatically In 2023
Summary United Parcel Service reported a mixed Q3 report, generally taken well by investors. The company expects its profit margins and sales to remain elevated over the coming quarters despite…
Ranking the 7 Top Airline Stocks to Buy From Best to Worst
Here’s an objective view of the air transportation sector These are the top airline stocks to buy, from the most compelling to the least. American Airlines (AAL): Relevant fundamentals and great…
Union Pacific: Not A Buy Despite Recent Correction
Summary Union Pacific stock has corrected after good Q3 22 results as guidance disappointed. UNP stock’s valuations are cheap, but I see trouble ahead. I am on the sidelines for…
UPS hikes 2023 GRI by 6.9%, matching FedEx
In a move that caught virtually no one by surprise, UPS Inc. said late Friday that it would raise its 2023 published or tariff rates by 6.9%, matching the increase announced…
A Stock Analysis Of J.B. Hunt Transport Services Inc.’S (JBHT)
J.B. Hunt Transport Services Inc. (NASDAQ:JBHT) price on Friday, October 21, rose 3.01% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $165.32.…