Noted investor Dennis Gartman thinks investors should be ready to jump into shipping stocks.
Over the last decade, domestic air traffic in India has grown from 13 million people annually to an estimated 52 million in 2011, making it the fastest-growing passenger market among major economies. Yet India’s airline industry is losing money and in deep debt, with few solutions in sight.
Take the poll and let us know if you think airline service has gotten better, worse or remained the same.
When you think of aircraft, you usually imagine passenger planes, private jets or military aircraft. But what about planes that don't just carry passengers?Here are some uncommon aircraft with important functions.
Randy Tinseth, Vice President of Marketing at Boeing Commercial Airplanes says the latest glitch with the 787 Dreamliner aircraft will take days, not weeks, to fix.
Electric car company Tesla has taken the wraps off of its first SUV, The Model X. Unveiling it Thursday night at the company's design studio in southern California, Tesla CEO Elon Musk says the Model X will "redefine the upscale SUV market."
European air safety officials extended checks for Airbus A380 wing cracks to the entire superjumbo fleet on Wednesday and said the widespread defects could pose a safety risk if left unremedied.
Australia's Qantas Airways said on Wednesday it had grounded one its flagship Airbus A380 aircraft for up to a week after engineers found dozens of cracks in its wings during detailed inspections following a flight hit by turbulence.
Undeterred by the strong Aussie dollar Chinese are flocking to Australia, making up for the lack of Western tourists.
Ford Motor is demanding that rival General Motors pull a Super Bowl commercial that implies the Chevrolet Silverado pickup is more dependable than the Ford F-Series.
General Motors said Saturday that most of its 4,400 U.S. dealers have agreed to upgrade their showrooms over the next four years.
Hungary's national carrier Malev ceased operations and grounded all its flights Friday in response to an "unsustainable" financial situation.
South Korean automaker Hyundai and its affiliate Kia in January posted huge gains in the stagnant German car market, Europe's largest, official data showed on Thursday.
This one-time gauge of global economic activity has outlived its usefulness, investor Dennis Gartman said Wednesday.
A California start-up is turning car sharing into an easy way to make a few extra bucks.
UPS Q4 earnings shows revenues came in slightly lower than expected but because volume is better than expected it shows the economy is improving slightly, says Arthur Hatfield, Morgan Keegan transportation analyst.
TheStreet.com details a few stocks that could "beat the postman" as parcel and message carriers replace the bag carrier, including UPS and FedEx.
US Airways shares are higher on a report that Delta Airlines is considering buying the world's No. 5 airline, as the industry moves aggressively toward consolidation.
Vessels bought during the global commodity boom are only now being delivered, putting pressure on the European banks that financed the purchases. The New York Times reports.
Insight on how airlines are responding to the new pricing rules, with Ben Baldanza, Spirit Airlines president/CEO.