transportation

Navios Maritime Partners L.P. (NYSE:NMM) shares are trading higher on Tuesday after the company reported third-quarter results. Revenue was $340.8 million, missing the consensus of $377.0 million. The company’s revenue rose 5.4%, led by the higher Time Charter...

Package delivery company United Parcel Services, Inc. (NYSE:UPS) could provide a look at how it fares with competitor FedEx Corp (NYSE:FDX) when the company reports third-quarter financial results before market open Thursday. Earnings Estimates: Analysts expect UPS to report third-quarter revenue...

CSX Corporation (NASDAQ:CSX) shares are trading lower after the railroad company reported its third-quarter financial results after Wednesday's closing bell. Here's a look at the key figures from the quarter. The Details: CSX reported quarterly GAAP earnings of 46 cents per share, which missed the...

Retailers and politicians reacted to the International Longshoremen's Association (ILA) and U.S. Maritime Alliance’s (USMX) tentative deal to end the ongoing port strike. What Happened: East Coast dockworkers went on strike Tuesday following their contract lapse with port employers. The...

Longshoremen are expected to drop their cargo hooks Tuesday, potentially freezing activity at some of the U.S.’s busiest ports. What Happened: According to the New York Times, a union showdown on the East and Gulf coasts with their employers could halt billions of dollars worth of goods,...

Port employers and the union representing East and Gulf coasts dockworkers begin a two-day meeting in New Jersey to prevent a strike that would disrupt maritime commerce along the entire U.S. Eastern Seaboard. Talks on a labor deal for six of the 10 busiest ports stopped in June when the...

Possible labor strikes at U.S. East and Gulf coast ports and Canadian railways may lead to volatility in container freight rates by causing supply-chain disruptions for the container industry and cargo owners, according to an industry expert. “With the looming strikes at Canadian railways and...

CSX Corporation (NASDAQ:CSX) shares are up after the company reported its second-quarter financial results Monday. Here's a look at the details from the report.  The Details: CSX reported quarterly earnings of 49 cents per share on revenue of $3.7 billion, slightly below the analyst consensus...

Norfolk Southern Corp (NYSE:NSC) shares are trading higher in Thursday’s after-hours session on the heels of the company’s second-quarter financial results. Here’s a rundown of the report. What Happened: Norfolk Southern reported railway operating revenue of $3 billion, up 2% year...

As April comes to a close, it’s time to compile the rankings for the top-performing sector and industry exchange-traded funds of the month. Taking a broader look at the stock market, the S&P 500 Index, represented by the SPDR S&P 500 ETF Trust (NYSE:SPY), finished April on a downturn...

CSX Corp (NASDAQ:CSX) shares have been in focus after U.S. Sen. Tommy Tuberville‘s latest regulatory filing. CSX also reported its first-quarter results on Wednesday, which came amid an exciting earnings season. Here are some key analyst takeaways from the release. BofA Securities On CSX Analyst...

United Parcel Service, Inc. (NYSE:UPS) shares are trading higher in sympathy with FedEx Corp (NYSE:FDX), which rose after reporting third-quarter results Thursday after the bell.  The Details: FedEx reported quarterly earnings of $3.86 per share which beat the analyst consensus estimate of $3....

Uber Technologies, Inc. (NYSE: UBER), a prominent ride-hailing company, is set to join the S&P 500 index later this month, as announced by S&P Dow Jones Indices on Friday.  Uber, Jabil Inc (NYSE: JBL) and Builders FirstSource Inc. (NYSE:...

Saia Inc (NASDAQ: SAIA) reported third-quarter FY23 revenue growth of 6.2% year-over-year to $775.1 million, beating the consensus of $745.98 million. Diluted earnings per share for the quarter were $3.67 compared to $3.67 in the third quarter of 2022.  The operating income...

J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) shares are trading lower in Tuesday's after-hours session on the heels of the company's third-quarter earnings report. Here are the details. What To Know: J.B. Hunt Transport Services reported quarterly earnings of $1.80 per share, a 29...