Air Freight & Logistics

Morgan Keegan is out with its report today on UTI Worldwide (NASDAQ: UTIW), lowering its PT to $18 from $22. In its report, Morgan Keegan writes, "We prefer to remain on the sidelines of shares of UTIW until we see sustained net revenue growth out-performance relative to growth in operating...

Morgan Keegan has lowered the price target on UTi Worldwide (NASDAQ: UTIW) from $22 to $18 and maintains its Market Perform rating.

Jefferies has published a research report on Expeditors International of Washington (NASDAQ: EXPD). In the report, Jefferies wrote, "This morning before the market open, EXPD released an 8-K with answers to investor questions. Many investors will recall that EXPD used to file similar 8-Ks on a...

Below are the top air delivery & freight services stocks on the NASDAQ in terms of dividend yield. C.H. Robinson Worldwide Inc (NASDAQ: CHRW) has a dividend yield of 1.70%. CHRW's shares closed at $67.47 yesterday. Expeditors International of Washington Inc (NASDAQ: EXPD) has a dividend yield...

UPS (NYSE: UPS) has appointed Jim Barber, a 26-year UPS veteran, its new president of the UPS Europe Region with responsibility for Europe, the Middle East and Africa. Barber, 51, most recently served as the chief operations officer of the Europe Region and succeeds the retiring Wolfgang Flick as...

UPS (NYSE: UPS) has appointed Jim Barber, a 26-year UPS veteran, its new president of the UPS Europe Region with responsibility for Europe, the Middle East and Africa. Barber, 51, most recently served as the chief operations officer of the Europe Region and succeeds the retiring Wolfgang Flick as...

J.P. Morgan Chase & Co. is out with a research report on FedEx (NYSE: FDX) and is lowering its price target to $105 from $116, but it still has an Overweight rating on shares. In a note to clients, J.P. Morgan Chase & Co. writes, "Although freight data points do not yet indicate a sharp...

JP Morgan has lowered the price target on FedEx (NYSE: FDX) from $116 to $105 and maintains its Overweight rating.

This morning, the Dow Jones Transportation Index is trading higher by 1.02 percent. The iShares Dow Jones Transportation Average (NYSE: IYT) is trading higher by 0.84 cents to $83.59 a share. Often when the transportation index trades higher it is a sign of economic strength and expansion. It is...

FedEx Trade Networks, a subsidiary of FedEx Corp. (NYSE: FDX) today announced its expanded global presence with three new freight forwarding offices in Europe and Asia. The new offices in Munich, Germany; Bucharest, Romania; and Chengdu, China represent the latest step in the company's ongoing...