SPDR® S&P Transportation ETF
Where FedEx Stock Could Be Heading
FedEx (FDX) has fallen significantly over the last year, and the trend is likely to continue for the stock as its fiscal 2020 earnings outlook fell short of analysts’ expectations. As of its June 25 closing price of $155.98, the stock has lost 33.5% of its value in the past year.
Union Pacific’s Rail Traffic Plunged in Week 18
Union Pacific’s (UNP) rail traffic fell 2.9% YoY (year-over-year) in Week 18, which ended on May 4.
Analyzing Canadian National’s Rail Traffic in Week 12
In Week 12, Canadian National Railway’s (CNI) total traffic volume fell 2.2% YoY (year-over-year) to 115,404 railcars from 117,990.
Analyzing Canadian Pacific’s Rail Traffic in Week 10
Canadian Pacific Railway registered a 7.7% YoY decline in its total rail traffic in week 10. The company carried 48,329 railcars during the week.
Norfolk Southern: Weak Carload Performance in Week 7
Norfolk Southern’s (NSC) rail freight traffic fell 3.4% YoY (year-over-year) in week 7. The company hauled 147,531 railcars during week 7.
NSC Had the Worst Traffic Performance among Peers in Week 5
Norfolk Southern’s (NSC) rail freight traffic plunged 11.9% YoY (year-over-year) in the fifth week of 2019, the most among all Class I railroad companies.
Weak Carload Performance Hurt Norfolk Southern’s Rail Traffic
After registering strong double-digit rail traffic volume growth in Week 3, Norfolk Southern reported a massive plunge in Week 4 of 2019.
Weak Intermodal Growth Slows CP’s Total Traffic Growth
Due to weak intermodal traffic, Canadian Pacific Railway’s (CP) total rail traffic growth was much lower than rival Canadian National Railway’s (CNI) in Week 3.
Norfolk Southern’s Rail Traffic Uptrend Continues
In Week 3, Norfolk Southern’s (NSC) rail traffic volumes rose 10.5% YoY (year-over-year) to 153,801 units from 139,185, driven primarily by robust growth in carloads and intermodal units.
Norfolk Southern’s Rail Traffic Uptrend Continued in Week 2
Norfolk Southern reported an 8.3% YoY increase in its rail traffic volumes in Week 2 driven primarily by robust growth in carloads and intermodal units.
Norfolk Southern Was Top Traffic Volume Gainer in First Week
Norfolk Southern (NSC) reported the highest traffic volume growth among all of the Class I railroads (XTN) for the first week of 2019.
Union Pacific Rose 6.6% in After-Market Trading on January 7
On January 7, Union Pacific shares rose 6.7% in after-market trading and touched $147.75. Union Pacific stock closed at $138.65.
How Have FedEx Shares Performed in 2018?
So far, 2018 hasn’t gone well for FedEx (FDX). The stock, which rose 34% in 2017, has fallen ~26% YTD (year-to-date).
UNP’s Intermodal Traffic Growth Was the Highest among Its Peers
Union Pacific’s (UNP) rail traffic volumes increased 5.7% YoY (year-over-year) to 183,346 units in Week 49.
Wall Street Expects Double-Digit Price Surge in AAL Stock
American Airlines (AAL) has received a consensus “buy” rating from analysts polled by Reuters.
United Parcel Service Reports Q3 Earnings Beat, Stock Slips
UPS reported its Q3 2018 earnings on October 24. UPS’s Q3 earnings reached $1.73, up 19.3% from $1.45 in Q3 2017.
Ryder System Missed Earnings but Beat Revenues, Stock Down 7%
Today, Ryder System (R) released its Q3 2018 earnings before the opening bell. Ryder’s Q3 adjusted EPS jumped 23.3% year-over-year.
UNP Rises 1.5% on Pricing Gains, Higher Volumes in Q3 2018
Union Pacific (UNP) announced its third-quarter earnings results before the market opened on October 25.
United Parcel Service Stock ahead of Q3 Earnings
United Parcel Service (UPS) is set to announce its Q3 earnings on October 24. On October 22, UPS stock closed at $115.64.
Kansas City Southern: Lowest Gainer in Week 41 Rail Traffic
In Week 41, Kansas City Southern (KSU) posted a 2.4% YoY (year-over-year) decline in carload traffic.
Canadian Pacific Railway Reports Solid Third Quarter, Stock Down 3%
On October 18, Canadian Pacific Railway (CP) announced its third-quarter earnings, reporting adjusted EPS of 4.12 Canadian dollars.
Carload Growth Placed CSX’s Rail Traffic Gains Second Last Week
In Week 40, Eastern US major railroad company CSX (CSX) saw 6.6% YoY (year-over-year) carload traffic growth.
A Summary of Kansas City Southern’s Rail Traffic in Week 39
Kansas City Southern (KSU), the smallest US class I railroad, reported a marginal loss of 0.7% YoY (year-over-year) in carload traffic in week 39.
Which Railroad Saw the Highest Revenue Growth in Q2?
Freight volumes and pricing gains determine a railroad’s revenue growth.
How Road Transportation Stocks Have Performed So Far in 2018
On a macro level, 2018 has emerged as a good year for the US road transportation sector for multiple reasons.
Union Pacific Hops on Precision Scheduled Railroading Bandwagon
Union Pacific’s new operating plan follows the principles of precision scheduled railroading.
Canadian Pacific Railway’s Dividend Yield, Buyback Programs
Based on the adjusted EPS of 7.87 Canadian dollars in the last four quarters, Canadian Pacific’s dividend payout was at 33% as of September 21.
Labor Costs Impacted FedEx’s Q1 2019 Earnings, Stock Fell 2.8%
FedEx (FDX) announced its first-quarter earnings after the market closed on September 17. FedEx missed analysts’ adjusted EPS estimate by 9%.
Driver Shortage for Truckload Carriers and Q2 Employee Costs
The LTL (less-than-truckload) companies were nearly immune to the acute driver shortage faced by the US trucking industry until 2017.
How Major US Road Transporter Stocks Fared in 2018
In 2017, trucks hauled 10.8 billion tons of freight, representing 70.2% of all the domestic freight tonnage in the United States.
A Summary of Canadian Pacific Railway’s Week 34 Rail Traffic
In Week 34, Canadian Pacific Railway (CP) witnessed a 3.5% YoY (year-over-year) carload traffic gain.
Why Higher Crude Oil Prices Are a Concern for US Trucking
The EIA anticipates Brent spot prices will average $72 per barrel in 2018 and $71 per barrel in 2019.
Trump Talks Trade with Mexico: Truckers Optimistic
The US trucking industry is keeping a close eye on President Trump’s trade agreement with Mexico since there’s so much at stake.
C.H. Robinson Worldwide’s Q3 Dividend and Its History
C.H. Robinson Worldwide (CHRW) declared a quarterly cash dividend of $0.46 per share on August 9, maintaining its 25-year payout streak.
Will KSU Stock Continue to Rise due to US-Mexico Trade Deal?
On August 27, President Trump stated that the United States and Mexico had reached an agreement to alter key aspects of the North American Free Trade Agreement.
Do Analysts Favor CSX over Other Railroad Companies?
Analysts have had their eyes on CSX since the railroad started on its rail operational turnaround journey.
Does CSX Stock Have Further Upside in 2018?
CSX (CSX) stock was the shining star among the major railroad stocks last year.
Genesee & Wyoming’s Rail Traffic Growth Compared to Its Peers
On August 13, Genesee & Wyoming (GWR), the largest short line rail operator in the United States, released its rail freight data for July.
Do KSU’s Free Cash Flow Levels Indicate a Dividend Rise in 2018?
Most major railroad companies (XTN) have raised their quarterly dividends per share in 2018.
CSX Tops Week 32’s Rail Traffic Gains, Signaling a Comeback
CSX’s intermodal volume rose 0.8% YoY to over 57,200 trailers and containers in Week 32, compared to ~56,700 in the same period last year.
Commodities that Led CSX’s Rail Freight Volume Growth in Week 30
Eastern US railroad giant CSX Corporation (CSX) reported 6.1% year-over-year carload traffic growth in Week 30.
CSX Stock Hovers over All-Time High on New Operating Model Gains
In the second quarter, CSX’s adjusted EPS of $1.01 exceeded analysts’ estimate of $0.87 by a wide margin of 17%.
EXPD’s Second-Quarter Earnings Beat Estimates, Stock Zigzags
Expeditors International of Washington (EXPD) reported its Q2 earnings on August 7. Adjusted EPS was $0.79, beating the $0.78 estimate.
Could United Parcel Service’s Revenues Grow in H2 2018?
United Parcel Service (UPS) expects its B2C volumes to outpace its B2B volumes for the rest of 2018.
Inside Union Pacific’s Railcar Traffic Volume Trends in Week 29
Western US major rail carrier Union Pacific (UNP) recorded a 2.2% YoY (year-over-year) rise in carload traffic in Week 29.
Why XPO Could Beat Analysts’ Q2 2018 Earnings Estimate
For XPO, analysts estimate adjusted EPS of $0.98 in the second quarter. That’s a 63.3% growth rate YoY (year-over-year).
How XPO Logistics Stock Is Trending ahead of Q2 Earnings
XPO Logistics (XPO) is set to announce its Q2 earnings on August 1 after the market closes. On July 26, XPO stock closed at $99.26.
Landstar System’s Blockbuster Q2 Results Send Stock Upward
Integrated transportation management solution provider Landstar System (LSTR) announced its Q2 2018 earnings on July 25 after markets closed.
Volume and Pricing Gains in Q2 Boost Norfolk Southern by 2%
Eastern US rail freight company Norfolk Southern (NSC) announced its second-quarter results today.
Is CSX the New Industry Leader in Operating Margins?
CSX’s second-quarter operating results benefited from a $37.0 million gain due to the sale of real estate.
CSX Delivers Record Q2 2018 Results—Stock at an All-Time High
CSX reported its Q2 earnings on July 17, beating the adjusted EPS estimate of $0.87 by ~17%. CSX posted adjusted EPS of $1.01, up ~58% YoY.
Kansas City Southern Beats Q2 Earnings, Lowers Volume Guidance
Kansas City Southern (KSU) posted its Q2 results today before the market opened. KSU opened at $107.25, down 1.1% from $108.45 on July 19.
Union Pacific Beats Q2 Expectations, Margin Concerns Punish Stock
Union Pacific (UNP), the number one US rail carrier company, announced its second-quarter earnings today before the market opened.
J.B. Hunt Transport’s ICS Segment’s Revenue Growth
J.B. Hunt Transport Services’ (JBHT) ICS (Integrated Capacity Solutions) segment reported blockbuster growth in the second quarter.
Labor Issues Impact CP Railway’s Q2 Earnings, but Stock Up 1.7%
Canada’s number two rail freight carrier, Canadian Pacific Railway, announced its second-quarter earnings on July 18 after the market closed.
Kansas City Southern: Lowest Volume Gainer in Week 27
Mixed gains in rail traffic volume continue for the smallest US Class I railroad, Kansas City Southern (KSU), in 2018.
Deal or No Deal: Brexit Uncertainty Is Good for Gold
After almost two years, the uncertainty related to Brexit could again come in as a support for gold and other precious metals.
Comparing C.H. Robinson’s and Peers’ Valuation
C.H. Robinson Worldwide (CHRW) is concentrating on the growth of its transportation and logistics businesses through a combination of organic growth and strategic acquisitions.
Navisphere: C.H. Robinson’s Technology Backbone
C.H. Robinson Worldwide’s (CHRW) Navisphere is a proprietary global technology platform that matches customer requirements with supplier capabilities to fit customers’ needs.
C.H. Robinson: Down Memory Lane
C.H. Robinson Worldwide (CHRW) is a 113-year-old transportation and logistics service company.
Which Railroad Had the Highest Capex-to-Revenue Ratio in Q1 2018?
The smallest Class I railroad, Kansas City Southern (KSU), has the highest capex-to-revenue ratio of 19% in the first quarter.
Comparing CSX’s Rail Traffic with the Industry in Week 24
In Week 24, Eastern US rail carrier CSX (CSX) witnessed a 2.2% YoY (year-over-year) rise in carload traffic.
American Airlines Provides an Update on PSA Airlines
American Airlines has canceled ~2,500 flights since June 14 due to a computer glitch that disrupted crew scheduling. The issue surfaced in Dayton, Ohio.
Why the Dow Jones Industrial Index Dropped General Electric
On June 19, the S&P Dow Jones Indexes issued a press release stating that Walgreens Boots Alliance (WBA) would replace General Electric (GE) in the Dow Jones Industrial Average (DJIA).
Delta Air Lines: Analysts Have a ‘Buy’ Rating
Since the beginning of 2017, 18 analysts have been actively tracking Delta Air Lines (DAL). All of the analysts have a “buy” rating.
FedEx Raised Its Quarterly Dividend 30%
FedEx (FDX) announced a 30% increase in its quarterly cash dividend on June 11. The quarterly cash dividend of $0.65 per share is payable on July 9.
Analyzing Genesee & Wyoming’s North American Traffic in May
North American operations form a sizable share of Genesee & Wyoming’s (GWR) overall revenues.
Why Genesee & Wyoming Stock Rose Last Month
In recent years, Genesee & Wyoming has consolidated its position in the industry through numerous acquisitions of small railroads.
Commodities That Drove KSU’s Volumes Higher in Week 23
The smallest Class I US railroad, Kansas City Southern (KSU), saw its carload traffic rise 3.8% YoY (year-over-year) in Week 23.
Union Pacific versus BNSF: A Snapshot of Week 22 Rail Traffic
Omaha-headquartered Union Pacific (UNP) is a western US railroad giant, competing with BNSF Railway (BRK.B).
Key Trends Likely to Drive XPO’s Transportation Business in 2018
In this article, we’ll look at the factors that are likely to drive growth for XPO Logistics’ (XPO) transportation business.
Will a Strike Halt Canadian Pacific Railway’s Growth Engine?
Canadian Pacific Railway’s (CP) workers have some wage- and fatigue-related issues with the company.
How Canadian Pacific Railway Stock Has Trended in 2018
Among all Class I railroad companies, Canadian Pacific Railway was the only one to be highly optimistic in its 2018 outlook, and the company maintains that outlook.
Which Commodities Brought down KSU’s Carloads in Week 20
The smallest US Class I railroad, Kansas City Southern (KSU), saw its carload traffic fall 1.4% YoY (year-over-year) in Week 20 (ended May 19).
How Have Major US Truckload Carrier Stocks Trended in 2018?
The US truckload segment is highly fragmented. The segment is expected to witness a lot of merger and acquisitions in upcoming quarters.
General Electric’s CEO Seals Transportation’s Fate with Wabtec
On May 21, General Electric (GE) entered into a definitive agreement with Wabtec (WAB) to merge with GE’s Transportation segment.
GWR’s First-Quarter Earnings Beat Estimates
Genesee & Wyoming beat analysts’ revenue estimate by 0.4% in the first quarter.
Union Pacific to Miss 2019 Operating Margin Target, Stock Dives
The United States’ number-one rail freight carrier, Union Pacific, announced its 1Q18 earnings today.
Will C.H. Robinson Worldwide Beat Revenues in 1Q18?
Analysts polled by Thomson Reuters estimate that C.H. Robinson Worldwide (CHRW) will report revenues of $3.8 billion in 1Q18.
2018 Is ‘Promising,’ Says Norfolk Southern, Ups Stock Buyback
Eastern United States rail freight giant Norfolk Southern (NSC) announced its Q1 2018 earnings today.
Canadian National Railway’s Freight Volume Trends in Week 13
Canadian National Railway’s carload traffic in Week 13 Canadian National Railway (CNI), Canada’s largest rail freight carrier, saw its carload traffic rise 5.6% YoY (year-over-year) in Week 13 of 2018, to 64,500 railcars (excluding intermodal) from 61,100. In contrast, Canadian Pacific Railway’s (CP) carload traffic fell 2.2%. Canadian National’s carload volumes rose more than Canadian railroads overall in Week […]
A Look at XPO Logistics’ Transportation Segment
In fiscal 2017, XPO’s Transportation vertical had revenues of $9.8 billion, up 3.8% year-over-year.
Are US Railroad Stocks Meant for Dividend Investors?
Transportation stocks are in focus due to beneficial provisions in the Tax Cuts and Jobs Act.
How Canadian Pacific Railway’s Volumes Compare
In the week ended March 17, 2018, or Week 11, Canadian Pacific Railway’s (CP) carload traffic rose 6.9%.
Will Coal Drive the Railroad Stocks Going Forward?
Coal accounted for 31.6% of the total tons originated by the US Class I railroads in 2016.
Analysts’ Views on FedEx, Pre-3Q18 Earnings Release
FedEx (FDX) has a mean rating of 1.9 from analysts, indicating “buy.”
How Have Canadian Pacific Railway’s Returns Been So Far in 2018?
Canadian Pacific Railway (CP) has been the only Class I railroad (XTN) company to be highly optimistic about 2018.
Canadian Pacific Declares a 1Q18 Dividend: A Look Back
On February 15, 2018, Canadian Pacific Railway announced a cash dividend of 0.56 Canadian dollars per share on its outstanding equity stock.
Inside Genesee & Wyoming’s UK-Europe Segment Revenues in 4Q17
In this part of the series, we’ll assess Genesee & Wyoming’s (GWR) 4Q17 UK-Europe segment’s performance.
Genesee & Wyoming and Analysts’ Revenue Estimate for 4Q17
In the fourth quarter 2017, Genesee & Wyoming reported 802,500 carloads, a rise of 4.7% from 766,500 units in 4Q16.
Old Dominion Freight Line Beat 4Q17 Earnings Estimates
Old Dominion announced its 4Q17 earnings on February 8, 2018. The company surpassed analysts’ adjusted diluted EPS estimates by 6.5%.
Commodities that Pulled Down CSX’s Carloads in Week 4
In the week ended January 27, 2018, CSX lost around 2,000 carloads compared with the week ended January 28, 2017.
Werner Enterprises Beats Earnings Estimates, Falls 5.1%
On January 29, 2018, Omaha-headquartered truckload carrier Werner Enterprises (WERN) announced its 4Q17 and 2017 results.
Did Canadian National Railway Beat Analyst Revenue Estimates in 4Q17?
In 4Q17, Canadian National Railway (CNI) posted revenue of 3.28 billion Canadian dollars compared with 3.21 billion Canadian dollars in the corresponding quarter of 2016.
Does Canadian Pacific Command a Premium Valuation after 4Q17?
Compared to all the major US railroad companies, Canadian Pacific’s management appears much more confident in terms of the company’s business growth outlook.
Did Canadian Pacific Railway’s Operating Margin Expand in 4Q17?
In 4Q17, Canadian Pacific Railway’s (CP) operating margin expanded slightly by 10 basis points to 43.9% compared to 43.8% in the corresponding quarter of 2016.
A Look at CSX’s Freight Volumes in Week 2
CSX’s freight volumes in Week 2 of 2018 Eastern US rail giant CSX (CSX) also reported a sharp decline in carload traffic in the week ended January 13, 2018. That week, its carload traffic fell 12% to ~60,000 units from ~68,300 carloads in the week ended January 14, 2017. Weekly freight data reveals that CSX may be losing shipments […]
A Summary of Union Pacific’s Railcar Traffic in Week 2
Union Pacific’s railcar traffic Omaha-headquartered Union Pacific (UNP) saw its carload traffic rise 3.4% in the week ended January 13, 2018. The company moved ~91,000 carloads that week, compared with ~87,800 carloads in the week ended January 14, 2017. Union Pacific saw a higher railcar traffic rise than rival BNSF Railway (BRK-B) in the second week of 2018. Union […]
How Norfolk Southern Stock Has Trended ahead of Its 4Q17 Earnings
Norfolk Southern (NSC) plans to announce its 4Q17 earnings on January 24, 2018. NSC has returned 6.3% since the beginning of the year.
American Airlines: Short Interest after Its 3Q17 Earnings
As of December 29, 2017, American Airlines’ short interest as a percentage of outstanding shares stood at 4.0%.