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Zacks News
Gol Linhas (GOL) Gross Sales Rise, Revenues Dip for November
by Zacks Equity Research
Gol Linhas (GOL) boosts capacity to a peak of 369 daily flights in November with a 5% month-over-month increase in demand.
Spirit Airlines (SAVE) Expects Q4 Load Factor at Around 70%
by Zacks Equity Research
Spirit Airlines (SAVE) expects fuel cost per gallon to be $1.31 for the December quarter, much lower than the year-ago reading of $2.10.
Old Dominion (ODFL) Posts November Update for LTL Segment
by Zacks Equity Research
Old Dominion's (ODFL) LTL tons per day increased 6.3% year over year in November.
American Airlines (AAL) Sees Demand Slowdown Amid COVID-19 Spike
by Zacks Equity Research
Due to slowdown in demand and slightly higher fuel prices, American Airlines (AAL) anticipates fourth-quarter cash burn at the high end of the guided range.
Zacks.com featured highlights include: Landstar System, ResMed, Masco Corp and Artisan Partners Asset Management
by Zacks Equity Research
Zacks.com featured highlights include: Landstar System, ResMed, Masco Corp and Artisan Partners Asset Management
Gol Linhas (GOL) November Traffic Plunges, Load Factor Rises
by Zacks Equity Research
With capacity contraction outweighing traffic plunge, load factor moves up 3.7 percentage points year over year for Gol Linhas (GOL).
4 GARP Stocks for a Winning Portfolio
by Zacks Equity Research
Growth at a reasonable price or GARP strategy helps investors gain exposure to stocks that have impressive prospects and are trading at a discount.
FedEx (FDX) to Buy ShopRunner, Boost E-commerce Capabilities
by Zacks Equity Research
The buyout of ShopRunner by FedEx (FDX) is expected to materialise by Dec 31, 2020.
Canadian Pacific (CP) Sets Record For November Grain Movement
by Zacks Equity Research
Canadian Pacific (CP) achieves monthly record in November. It records second-best-ever month for shipping by moving 2.96 million metric tonnes of Canadian grain.
Here's Why United Airlines (UAL) Shares Lost 48.6% YTD
by Zacks Equity Research
Low air travel demand and recent spike in coronavirus cases are hurting United Airlines' (UAL) top line.
JetBlue (JBLU) Lowers Expectations for Q4 Revenues & Cash Burn
by Zacks Equity Research
Amid volatile booking trends, JetBlue (JBLU) anticipates a larger decline in revenues and an increase in cash burn in Q4 compared with its previous expectation.
LSTR vs. ODFL: Which Stock Should Value Investors Buy Now?
by Zacks Equity Research
LSTR vs. ODFL: Which Stock Is the Better Value Option?
Southwest (LUV) Gains 42% in Six Months Despite Coronavirus Woes
by Zacks Equity Research
Southwest (LUV) is gaining on the back of low fuel prices, cost-cutting measures and a sound liquidity position among other factors.
Freight Scene is Picking Up: 3 Transportation Stocks in Focus
by Maharathi Basu
The solid readings from October's Cass Freight Shipments Index report are indicative of an improving freight scenario. This rosy picture bodes well for the likes of Knight-Swift (KNX), Landstar System (LSTR) and Norfolk Southern (NSC).
J.B. Hunt (JBHT) Announces Several Major Leadership Changes
by Zacks Equity Research
Among several other managerial changes, J.B. Hunt (JBHT) appointed John Kuhlow as its executive vice president and chief financial officer.
United Airlines (UAL) to Offer Houston Customers COVID-19 Tests
by Zacks Equity Research
United Airlines (UAL) ramps up coronavirus testing efforts by planning to launch testing option for customers traveling from Houston, TX to select destinations in Latin America and the Caribbean.
Landstar (LSTR) Shares Rise 15.1% in 6 Months: Here's Why
by Zacks Equity Research
Gradual recovery in freight scenario & shareholder-friendly moves bode well for the Landstar (LSTR) stock.
Cost Cuts & Better Freight Conditions Aid Knight-Swift (KNX)
by Zacks Equity Research
Knight-Swift (KNX) stock is benefitting from efficient cost-control measures and enhanced safety procedures.
Copa Holdings' (CPA) October Traffic Drops 88% Amid Coronavirus
by Zacks Equity Research
With traffic declining more than the amount of capacity contraction, Copa Holdings' (CPA) load factor slips 1510 basis points in October.
Allegiant Travel (ALGT) to Expand Domestic Services in 2021
by Zacks Equity Research
Allegiant Travel (ALGT) aims for a major service expansion in 2021, offering customers wider connectivity to Southern California and the Pacific Northwest.
The Zacks Analyst Blog Highlights: ArcBest Corp, KnightSwift Transportation, Landstar System, P.A.M. Transportation Services and Forward Air Corp
by Zacks Equity Research
The Zacks Analyst Blog Highlights: ArcBest Corp, KnightSwift Transportation, Landstar System, P.A.M. Transportation Services and Forward Air Corp
Trucking Stocks Are Still Hot: Grab These 5 Today
by Sejuti Banerjea
Trucking stocks are still worth picking up for their solid growth prospects and attractive valuations.
Spirit Airlines' (SAVE) Orlando International Flights to Resume
by Zacks Equity Research
With uptick in air-travel demand, Spirit Airlines (SAVE) plans to resume six nonstop international services from Orlando, FL in December.
Southwest (LUV) Sees Slowdown in Revenue Trends, Shares Fall
by Zacks Equity Research
Amid a spike in coronavirus cases, Southwest (LUV) has experienced a deceleration in revenue trends for November and December in recent weeks.
Allegiant Travel (ALGT) Posts Dismal October Traffic Data
by Zacks Equity Research
Scheduled load factor at Allegiant Travel (ALGT) declines to 63.1% in October from 83.1% a year ago.