GO
Loading...

Enter multiple symbols separated by commas

Transportation Road and Rail

More

  • Old Dominion beats 2Q profit forecasts Thursday, 30 Jul 2015 | 8:33 AM ET

    THOMASVILLE, N.C. _ Old Dominion Freight Line Inc. on Thursday reported second-quarter profit of $85.6 million. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 98 cents per share. Four analysts surveyed by Zacks expected $768.5 million.

  • Con-way misses Street 2Q forecasts Wednesday, 29 Jul 2015 | 7:54 PM ET

    ANN ARBOR, Mich. _ Con-way Inc. on Wednesday reported second-quarter profit of $44 million. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 80 cents per share. Con-way shares have decreased 21 percent since the beginning of the year.

  • C.H. Robinson tops 2Q profit forecasts Tuesday, 28 Jul 2015 | 4:33 PM ET

    EDEN PRAIRIE, Minn. _ C.H. Robinson Worldwide Inc. on Tuesday reported second-quarter net income of $137.2 million. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of 87 cents per share. Nine analysts surveyed by Zacks expected $3.68 billion.

  • Swift Transportation meets 2Q profit forecasts Monday, 27 Jul 2015 | 4:07 PM ET

    PHOENIX _ Swift Transportation Co. on Monday reported second-quarter profit of $51 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was also for earnings of 37 cents per share. Swift Transportation shares have declined 25 percent since the beginning of the year.

  • OMAHA, Neb.— Norfolk Southern's 23 percent drop in second-quarter profit follows the same story line as other railroads seeing a sharp decline in coal shipments. Norfolk Southern posted $433 million net income, or $1.41 per share. Norfolk Southern's revenue decreased 11 percent to $2.71 billion because coal volume fell 21 percent and total volume declined 2...

  • NEWARK, N.J.— Power problems caused delays for Amtrak trains running between Washington, D.C. and Boston and for commuter lines into New York City on Friday, leaving thousands of riders livid and transit officials apologizing for the fourth such problem in a week. Amtrak was restricted to operating three trains at a time through the Hudson River Tunnel into New...

  • *Farmers, taxi drivers, ferry workers show law-breaking pays. PARIS, July 24- Less than a year since France abandoned its "ecotax" on truckers after protesters destroyed the equipment built to collect it, similar strongarm tactics look to be working for the nation's farmers, cab drivers and ferry workers. Ferry workers who have repeatedly blocked the Channel...

  • Universal Truckload beats 2Q profit forecasts Thursday, 23 Jul 2015 | 6:21 PM ET

    WARREN, Mich. _ Universal Truckload Services Inc. on Thursday reported second-quarter net income of $13.3 million. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 43 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • CHICAGO, July 23- Union Pacific Corp, a railroad contending with declining coal, energy-related and agricultural freight volumes, sees some signs that consumer demand for cars and other big-ticket items will help boost business, its top executive said on Thursday. Earlier on Thursday, Omaha, Nebraska- based Union Pacific, the largest U.S. railroad, reported a...

  • P.A.M. Transportation posts 2Q profit Thursday, 23 Jul 2015 | 10:48 AM ET

    TONTITOWN, Ark. _ P.A.M. Transportation Services Inc. on Thursday reported second-quarter earnings of $7 million. On a per-share basis, the Tontitown, Arkansas- based company said it had profit of 94 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • OMAHA, Neb.— A sharp decline in coal shipments drove down Union Pacific's second-quarter profit by 7 percent, and executives predicted that the railroad would fall short of expectations for the year because the challenging conditions will continue. Union Pacific Corp. said coal volume dropped 26 percent in the second quarter, and demand for that fuel is likely...

  • Republicans eliminated the proposal from a multi-year surface transportation bill, after coming under pressure from the Obama administration and Democratic lawmakers, whose support they need for passage of the legislation, Senate aides said on Wednesday. In late June, the Republican-controlled Senate Commerce Committee voted to repeal the requirement...

  • Republicans eliminated the proposal from a multi-year surface transportation bill, after coming under pressure from the Obama administration and Democratic lawmakers, whose support they need for passage of the legislation, Senate aides said on Wednesday. In late June, the Republican-controlled Senate Commerce Committee voted to repeal the requirement...

  • Knight Transportation beats 2Q profit forecasts Wednesday, 22 Jul 2015 | 9:09 AM ET

    PHOENIX _ Knight Transportation Inc. on Wednesday reported second-quarter profit of $27.6 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of 37 cents per share. Knight Transportation shares have declined 17 percent since the beginning of the year.

  • CHICAGO, July 14- No. 3 U.S. railroad CSX Corp on Tuesday reported a higher quarterly net profit, beating forecasts as productivity gains and lower fuel prices offset a drop in coal volumes that took a bite out of revenue. But CSX received a boost from a fuel bill of $263 million for the quarter, 37 percent lower than the $416 is paid out in the second quarter of 2014. The...

  • WASHINGTON, July 14- Billionaire investor Warren Buffett is set to be a chief beneficiary of a bid by Senate Republicans to weaken new regulations to improve train safety in the $2.8 billion crude-by-rail industry, a key cog in the development of the vast North American shale oil fields. On Wednesday, the panel will decide whether to send the measure to the full...

  • BARRANCABERMEJA, Colombia, July 9- The hulking backhoe dredges up rocks and silt from the shallows of the muddy Magdalena River in the first laborious step to transform the waterway into an engine of economic growth. By clearing logjams, the aim is to allow big cargo barges to steam up 900 km from the Caribbean coast to Puerto Salgar, close to the capital Bogota.

  • HOUSTON, July 1- Union Pacific Corp will impose a $1,200 per-car surcharge on oil shippers that move crude in older railcars, the company told customers this week, becoming at least the second U.S. railroad to charge extra amid widespread safety concerns. Union Pacific said it changed its tariff in response to stronger U.S. rules for handling flammable liquids...

  • DHL: New China-Europe rail service is good news Thursday, 25 Jun 2015 | 12:46 AM ET
    DHL: New China-Europe rail service is good news

    Kelvin Leung, CEO, Asia Pacific at DHL Global Forwarding, says the company's third rail service from China to Europe offers customers with a cheaper and faster option.

  • WASHINGTON, June 24- U.S. commuter and freight railroads may be forced to suspend service or face daily fines beginning Jan. 1, unless Congress extends its year-end deadline for implementing new safety technology, lawmakers were told on Wednesday. The National Transportation Safety Board estimated that more than 245 people have died and 4,260 have been...