Air Freight & Logistics

Goldman Sachs has removed United Parcel Service (NYSE: UPS) from the Americas Buy List but maintains its Buy rating.

FedEx Freight, a subsidiary of FedEx Corp. (NYSE: FDX), will implement a 6.75% general rate increase effective Sept. 6, 2011. This rate increase applies to FedEx Freight shipments within the contiguous U.S., between the contiguous U.S. and Canada, and within Canada. The rate for cross-border...

Stifel Nicolaus has upgraded the following companies: Canadian National Railway (NYSE: CNI) from Hold to Buy, $88 PT Hub Group (NASDAQ: HUBG) from Hold to Buy, $40 PT JB Hunt Transport Services (NASDAQ: JBHT) from Hold to Buy, $52 PT PennantPark Investment Corporation (NASDAQ: PNNT) from Hold...

According to Goldman Sachs, Atlas Air Worldwide Holdings (NASDAQ: AAWW) reported 2Q11 EPS of $0.90 vs. recently lowered GS/consensus $0.86/$0.82. Goldman Sachs said that given delayed 8F deliveries in 2011 and weaker Commercial charter rates/margins (macro) offset by higher military block hours (...

J.P. Morgan has lowered it price target from $58 to $48 on Expeditors (NASDAQ: EXPD) following low numbers from the company in 2Q11. According to J.P. Morgan, “EXPD's downside 2Q11 EPS showed the impact from weak international airfreight trends and a significant deceleration in ocean container...

Goldman Sachs has lowered the price target on Atlas Air Worldwide (NASDAQ: AAWW) from $72 to $65 and maintains its Neutral rating.

JP Morgan has lowered the price target on Expeditors (NASDAQ: EXPD) from $58 to $48 and maintains its Neutral rating.

The important and highly followed transportation index is once again declining this morning. The iShares Dow Jones Transportation ETF (NYSE: IYT) is trading lower by $1.50 to $90.86 a share. The IYT has declined by over $10.00 since making a 52 week high on July 7, 2011. Many traders and investor...

Below are the top small-cap metal fabrication stocks on the NYSE and the NASDAQ in terms of earnings estimate for the next year. The earnings estimate for Mueller Industries Inc (NYSE: MLI) for the next year ending December, 2012 is $3.25 per share. MLI's PEG ratio is 1.11. Chart Industries Inc (...

U.S. Treasuries have always been seen as a "safe" investment, backed by the full faith, and credit of the U.S. government." Yet with worries about the debt ceiling, and the possibility of a downgrade of U.S. debt, we have seen the continued move down in yields on U.S. Treasury debt. Many market...

Expeditors International of Washington (NASDAQ: EXPD) releases its next round of earnings this Tuesday, August 2, 2011. Get the latest predictions in Benzinga's essential guide to the company's second quarter earnings report. Earnings and Revenue: Analysts are looking ahead to a positive EPS...

Price: $19.89Forward P/E: 8.2Earnings Growth: 74%Projected Sales Growth: 12%Market Cap: $235 million Why It's Featured: Strong demand for products; exceptional earnings growth; remarkable ROE. Danger Zones: Highly leveraged; sensitive to economic cycle. Park-Ohio Holdings Corp. (NASDAQ: PKOH),...

The S&P 500 (SPX) took a major hit in Wednesday's trading session, finishing down 27.05 points, or 2.03%, from Tuesday's close to 1304.89. The selling began just after the opening bell, and the index extended its losses throughout the session, closing near the low of the day (1303.49), as...

Senator Harry Reid's (D-NV) plan that came out earlier this week was SUPPOSED to cut the deficit by $2.7 trillion over the next decade. Well results are back from the Congressional Budget Office. Turns out that Reid is lying, and his cuts are nowhere near what he claims. The CBO says that the...

Credit Suisse is out with a Neutral rating and a $88 price target on UPS Inc. (NYSE: UPS) after it reported earnings yesterday. In a note to clients, Credit Suisse writes, "Slight Beat Relative to Consensus: UPS' adjusted EPS were $1.05/shr in the second quarter, slightly beating consensus ($1.04...