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Zacks News
JetBlue Sees Uptick in Revenue & Booking Trends, Shares Up
by Zacks Equity Research
JetBlue (JBLU) anticipates average daily cash burn to be at the low end of the guided range of $7-$9 million for the third quarter, thanks to improving travel demand among other factors.
Alaska Airlines to Add 5 New Services for Winter Travel
by Zacks Equity Research
Alaska Air's (ALK) subsidiary Alaska Airlines plans to add two and three new services from Los Angeles and Palm Springs respectively, starting Dec 17, 2020.
American Airlines (AAL) Prepares for Boeing 737 MAX's Return
by Zacks Equity Research
American Airlines (AAL) plans to begin training pilots on the grounded Boeing 737 MAX aircraft in November. All of the airline's B737 pilots are expected to be trained on the MAX by next January.
Why Is JB Hunt (JBHT) Up 3.5% Since Last Earnings Report?
by Zacks Equity Research
JB Hunt (JBHT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
ZTO Express (ZTO) Q2 Earnings Miss Estimates, Increase Y/Y
by Zacks Equity Research
Increase in parcel volumes amid the COVID-19 crisis drives ZTO Express' (ZTO) June-end financials.
Air Lease (AL) Q2 Earnings Beat Estimates, Increase Y/Y
by Zacks Equity Research
Increase in rental flight equipment revenues aids Air Lease (AL) June-end financials.
Transport ETFs Gain Despite Soft Q2 Earnings
by Sweta Killa
The second-quarter earnings are painting a dismal picture for the transportation sector.
SkyWest (SKYW) Q2 Loss Wider Than Expected, Load Factor Tanks
by Zacks Equity Research
COVID-19 induced drop in air travel demand hurts SkyWest's (SKYW) June-end financials. Load factor tanks 4950 bps.
Schneider's (SNDR) Q2 Earnings Top Estimates, Sales Miss
by Zacks Equity Research
Dismal performance of the Truckload unit hurts Schneider's (SNDR) June-end financials.
Kirby (KEX) Q2 Earnings In Line, Down Y/Y on Low Revenues
by Zacks Equity Research
Kirby's (KEX) Q2 results are hurt by weak revenues at the marine transportation, and distribution and services segments due to coronavirus-induced weak economic conditions.
Allegiant Travel (ALGT) Posts Wider-Than-Expected Q2 Loss
by Zacks Equity Research
COVID-19 induced drop in air travel demand hurts Allegiant Travels' (ALGT) June-end financials. Load factor tanks 3270 bps.
Old Dominion's (ODFL) Q2 Earnings Top Estimates, Decline Y/Y
by Zacks Equity Research
Dismal performance of the Less-Than-Truckload Services unit dents Old Dominion's (ODFL) Q2 results. Lower expenses, however, offer some relief.
UPS Q2 Earnings Beat, Up Y/Y on Robust Rise in Volumes
by Zacks Equity Research
UPS Q2 results benefit from higher residential delivery volumes, thanks to coronavirus confining people to their homes, rise in healthcare shipments and solid outbound demand from Asia.
Werner's (WERN) Earnings Beat Estimates in Q2, Sales Miss
by Zacks Equity Research
Decrease in segmental revenues hurt Werner's (WERN) June end financials.
Ryder (R) Posts Q2 Loss, Revenues Drop Y/Y on Coronavirus Woes
by Zacks Equity Research
Ryder's (R) Q2 results reflect lower commercial rental demand and reduced automotive activity in Supply Chain Solutions unit, thanks to coronavirus.
Norfolk Southern (NSC) Q2 Earnings Beat, Decline 43% Y/Y
by Zacks Equity Research
Weak volumes due to coronavirus-induced economic downturn weigh on Norfolk Southern's (NSC) Q2 results.
Hawaiian Holdings' (HA) Loss Wider Than Estimates in Q2
by Zacks Equity Research
COVID-19 pandemic led drop in air travel demands hurts Hawaiian Holdings' (HA) June end financials. Load factor tanks 6390 bps.
C.H. Robinson (CHRW) Q2 Earnings Top Estimates, Decline Y/Y
by Zacks Equity Research
C.H. Robinson's (CHRW) Q2 results are hurt by low revenues due to weak pricing in truckload and LTL services.
Wabtec (WAB) Q2 Earnings Beat Estimates, Posts 2020 Guidance
by Zacks Equity Research
COVID-19 induced lower sales and unfavourable foreign currency translations hurt Wabtec's (WAB) Q2 results.
Triton's (TRTN) Q2 Earnings Miss Estimates, Decline Y/Y
by Zacks Equity Research
Lower volumes of container transport stemming from the COVID-19 pandemic hurt Triton's (TRTN) second-quarter 2020 results.
Knight-Swift (KNX) Q2 Earnings Beat, Revenues Decline Y/Y
by Zacks Equity Research
Knight-Swift's (KNX) Q2 performance reflects coronavirus-induced freight softness. Revenues decline across all three segments.
Landstar (LSTR) Beats on Q2 Earnings & Revenues, Ups Dividend
by Zacks Equity Research
Although Landstar (LSTR) surpasses Q2 earnings and revenue estimates, its performance is hurt by coronavirus-induced weak freight demand. The company rewards its shareholders with 13.5% dividend hike.
Trinity's (TRN) Q2 Earnings Miss Estimates, Decline Y/Y
by Zacks Equity Research
COVID-19 induced lower fleet utilization and reduced sales of railcars hurt Trinity's (TRN) second-quarter 2020 earnings.
Union Pacific (UNP) Beats on Q2 Earnings, Posts Dim Outlook
by Zacks Equity Research
Low volumes and deteriorating operating ratio hurt Union Pacific (UNP) second-quarter 2020 results. Nevertheless, drop in operating expenses are a positive.
Canadian Pacific (CP) Q2 Earnings Beat Estimates, Down Y/Y
by Zacks Equity Research
Low freight revenues due to COVID-19 hurt Canadian Pacific's (CP) second-quarter 2020 results. Low costs however, provide are a positive.