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Transportation News

Thu, Apr 25th, 2019
Cubic to Discuss Mobility as a Service at MaaS 2019 Melbourne

SAN DIEGO , April 25, 2019 /PRNewswire/ --  Cubic Corporation  today announced that its Cubic Transportation Systems  (CTS) business division's Vice President and Global Chief Technology...

CUB : 56.62 (+0.80%)
Tanker stocks rally in 2019 on hopes of impending rate recovery

After languishing for years, tanker stocks are rising in 2019. Investors are seeking to get in early on the belief that the turnaround in rates is nigh. They’ve been wrong before — will their bets...

Dana Partners with Nordresa, Inc. to Integrate Spicer® Electrified™ e-Axle on Isuzu® N-Series Chassis

LONG BEACH, Calif. , April 25, 2019 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that it will partner with Nordresa to integrate its Spicer ®  Electrified™ eS9000r e-Axle...

DAN : 20.13 (-0.79%)
Dana and Motiv Power Systems Collaborate on Integration of All-Electric Spicer® Electrified™ e-Axle on Ford® Super Duty® F-550 Chassis

LONG BEACH, Calif. , April 25, 2019 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) and Motiv Power Systems today announced a collaboration to integrate Dana's Spicer ®  Electrified™ eS9000r...

DAN : 20.13 (-0.79%)
Dana Expands TM4® SUMO™ Electric Powertrain Offerings into Commercial-Vehicle, Light-Duty Platforms

LONG BEACH, Calif. , April 25, 2019 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today the launch of its newest direct-drive electric powertrain, the TM4 ® SUMO ™ LD.  The...

DAN : 20.13 (-0.79%)
Southwest Reports First Quarter Profit

DALLAS , April 25, 2019 /PRNewswire/ --  Southwest Airlines Co. (NYSE: LUV) (the "Company") today reported its first quarter 2019 results:

LUV : 52.93 (+0.27%)
Dana and Motiv Power Systems Collaborate on Integration of All-Electric Spicer® ElectrifiedTM e-Axle on Ford® Super Duty® F-550 Chassis

LONG BEACH, Calif. , April 25, 2019 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) and Motiv Power Systems today announced a collaboration to integrate Dana's Spicer® ElectrifiedTM eS9000r e-Axle...

DAN : 20.13 (-0.79%)
Port Report: Thanks to Belt and Road, Ceva Logistics bullish on Eurasia's rail service

Despite its takeover by ocean carrier, Swiss freight forwarder keeping it multi-modal with introduction of rail service from China to Europe.

Interim Report, 1 January-31 March 2019 - Concordia Maritime AB

GÖTEBORG, Sweden , April 25, 2019 /PRNewswire/ --

China faces debt fears ahead of construction forum

BEIJING (AP) — China's finance minister tried Thursday to dispel complaints its Belt and Road infrastructure-building initiative leaves developing countries with too much debt, promising "sustainable...

Meritor to electrify Port of Long Beach tractors

The project  is part of the $50 million grant the Port of Long Beach received from the California Air Resources Board’s Zero and Near Zero Emission Freight Facility (ZANZEFF) program.

Rush Enterprises posts strong revenue, net gains thanks to strong truck sales, aftermarket business

Rush Enterprises (NASDAQ:RUSHA) reported strong first quarter 2019 revenues of nearly $1.34 billion on April 24, up 8.7 percent from $1.24 billion compared with the previous year.

RUSHA : 45.19 (+1.14%)
Mullen’s trucking and logistics business hits first quarter record

Canadian firm’s transportation segment shines as oil services shows signs of recovery.

MTL : 2.05 (-2.84%)
Landstar System sees first quarter results ahead of expectations

Landstar System, Inc. reported first quarter earnings per share (EPS) of $1.58, compared to the consensus estimate of $1.51 and $0.21 higher than the 2018 first quarter.

LSTR : 114.26 (+1.87%)
Tesla misses analysts’ forecasts, loses $2.90 per share in first quarter

Tesla (NASDAQ: TSLA) badly missed analysts’ earnings estimates for the first quarter of 2019. The company reported an adjusted loss per share of $2.90, much worse than analysts’ estimated loss per...

TSLA : 258.66 (-1.99%)
Trinity's operating income grows while overall net profit shrinks

Despite higher operating income, Trinity Industries’ (NYSE: TRN) first quarter 2019 net profit fell 24 percent to $30.6 million from $40.2 million in the first quarter of 2018. TRN consists of three...

Safety trends revealed in new U.S. domestic ship data

Forty ships detained in 2018 as federal inspectors begin exposing U.S.-flag safety data.

Copa Holdings S.A. Files Annual Report Form 20-F

PANAMA CITY , April 24, 2019 /PRNewswire/ -- Copa Holdings, S.A. (NYSE: CPA) has filed its annual report on Form 20-F for the fiscal year ended December 31, 2018 with the U.S. Securities and...

CPA : 79.62 (-0.69%)
Kenworth expanding Chillicothe plant by nearly 25 percent with $140M paint facility addition

Kenworth will increase the size its Chillicothe, Ohio, manufacturing plant by nearly 25 percent once a new paint facility comes online in early 2021, the company said at a groundbreaking for the $140-million,...

Forward Air posts record first quarter in various metrics, though operating income lags

Operating income hurt by bad winter weather, higher-self insurance costs.

FWRD : 68.00 (+1.01%)

Chart of the Day

Cree Inc (CREE)

The Barchart Chart of the Day belongs to the semi conductor company Cree(CREE). I found the stock by using Barchart to sort it's Top Stocks to Own list first by the most frequent number of new highs in the last month, then I used the the Flipcha...
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