fuel costs

With high-sulfur fuels currently around half the price of low-sulfur options, container lines are rushing vessels to shipyards to get scrubbers fitted ahead of new International Maritime Organization (IMO) rules that become mandatory at the start of 2020. The rules state that unless some form of...

While operational efficiencies get the credit for a freight railroad's improved operating ratio, other factors, such as changes in fuel prices and increases in freight rates, play significant roles according to a research paper by a law firm representing shippers in Canada. Canadian National (NYSE...

  For fleets and shippers tired of the ever-changing and complex formulas that make up fuel surcharges and prevent transparency when it comes to the fuel cost to actually move a shipment, Genesis Fuel Corporation believes it has the solution. Earlier this year, the start-up company launched...

Deck officers on ships are trained in a number of skills, such as firefighting, emergency medicine, survival at sea and celestial navigation. Include in that meter reading. Every day, they help compile what's called a "noon report," the once-a-day report of a ship's speed,...

A bullish thesis for Delta Air Lines, Inc. (NYSE: DAL) and American Airlines Group Inc (NASDAQ: AAL) is justified after metrics in their earnings reports came in ahead of optimistic projections, according to Deutsche Bank. The Analyst Deutsche Bank's Michael Linenberg upgraded Delta Air...

Shares of Southwest Airlines Co (NYSE: LUV) have gained nearly 30 percent over the past six months. Despite the strong recent gains, Daniel McKenzie maintained a Buy rating and $57 price target on Southwest's stock. The analyst offered several catalysts that can result in earnings per share upside...

On Tuesday morning, Delta Airlines (NYSE: DAL) reported its fourth quarter results. The company announced an EPS of $0.65, beating the consensus estimate by a penny. Revenue of $9.07 billion came in $40 million higher than the consensus estimate. Delta benefited the most from higher fares and...

US Airways (NYSE: LCC) had a record second quarter, beating analyst estimates in a variety of metrics. Revenue set a single-quarter record, topping $3.8 billion, up 7.2 percent year-over-year. Earnings per share hit $1.61, beating the analyst consensus estimate of $1.53 by 8 cents. Finally, the...