In the ninth week of 2017, BNSF Railway’s (BRK-B) overall intermodal traffic fell slightly by 2.5% on a YoY (year-over-year) basis to 94,000 plus containers and trailers.
In the week ended March 4, 2017, UNP’s overall railcar volumes grew 4.1% YoY (year-over-year) to ~96,000 units.
In the week ended March 4, 2017, Union Pacific (UNP) hauled ~96,000 containers and trailers as compared to 92,000 plus units in the same week of 2016.
In the week ended March 4, 2017, CSX’s (CSX) overall railcar volumes rose 2.5% YoY (year-over-year).
In the week ended March 4, 2017, CSX’s (CSX) total intermodal traffic dropped 3.2%.
In the week ended March 4, 2017, NSC’s overall railcar volumes rose marginally by 0.14%.
Norfolk Southern’s (NSC) total intermodal traffic rose 2.7% in the week ended March 4, 2017.
During the ninth week of 2017, US rail traffic (BRK-B) rose a marginal ~2% YoY (year-over-year) to nearly 522,000 railcars as compared to over 512,000 railcars in the week ended March 5, 2016.
Looking at the yearly performance, Alcoa generated free cash flows of -$715 million in 2016. We don’t have comparable free cash flows for previous periods.
Southwest Airlines (LUV) reported its operational performance on March 10, 2017. Due to its unit revenue guidance cut, its stock price fell 0.85% on the same day.
Of the 17 analysts tracking Southwest Airlines (LUV), six analysts have a “strong buy” recommendation on the stock, and another six analysts have a “buy” recommendation. The remaining five analysts have a “hold” rating.
In February 2017, Southwest Airlines’s (LUV) traffic growth closely matched its capacity growth, and its utilization was flat at 79%.
Despite slowing demand, Southwest Airlines (LUV) still has an edge over legacy carriers.
In February 2017, Southwest Airlines’s (LUV) capacity grew 1.2% year-over-year to 11.0 billion miles. This is significantly lower than the previous month’s 6.2% YoY growth.
The Institute for Supply Management’s manufacturing PMI (or purchasing manager’s index) rose from 56 in January 2017 to 57.7 in February.
General Electric’s (GE) projected benefit obligation (or PBO) calculation takes into account the average years of service, salary growth, and the discount rate.
In June 2015, General Electric (GE) negotiated new four-year collective bargaining agreements with most of its US unions.
Under a defined contribution plan, the employer contributes a fixed amount to the fund on behalf of the employee.
General Electric’s (GE) total projected benefit obligations stood at $71.5 billion on December 31, 2016, compared with $68.7 billion on December 31, 2015.
Spirit Airlines (SAVE) reported its February traffic numbers on March 8, 2017. Since then, the stock has gained 0.21%.