$UTIW (UTi Worldwide Inc.)

$UTIW {{ '2016-01-21T17:38:47+0000' | timeago}} • Announcement

$UTIW said that it had received the final antitrust clearance approval in South Africa for its previously announced acquisition by DSV A/S. Upon closing of the transaction, each ordinary share of $UTIW will be converted into the right to receive a cash payment of $7.10, without interest. The merger is expected to close on Jan. 22, 2016.

$UAL {{ '2017-07-20T15:22:46+0000' | timeago}} • Announcement

Terri Fariello has been named $UAL's SVP, Government Affairs. Based in Washington, D.C., she will lead the company's federal, state and local government engagement. Fariello comes from $XOM, where she served as VP of its Washington, DC office.

$UAL {{ '2017-07-19T22:46:15+0000' | timeago}} • Webcast

$UAL reported that it is progressing on the Latin American partnerships. Earlier in Jan., United said that it was working with Avianca Holdings and Avianca Brasil to enhance and deepen commercial and strategic ties, without mentioning terms. $UAL added that it hopes to announce something in this regard in the near future.

$UAL {{ '2017-07-19T22:11:44+0000' | timeago}} • Webcast

For 2017, $UAL lifted its CapEx guidance to $4.6-4.8Bil, up $400MM at the midpoint than the prior guidance. This increase was due to higher non-aircraft CapEx, more free delivery deposits and used aircraft transaction. Also, $UAL plans to invest $200-300MM more than forecasted earlier this year in IT, ground service equipment and facilities.

$CHRW {{ '2017-07-19T20:37:59+0000' | timeago}} • Announcement

$CHRW's revenue from North American Surface Transportation for 2Q17 increased 10.3% from last year, driven by volume increases in all services. Global Forwarding revenue climbed 48.2% on volume increases, including those from APC. However, Robinson Fresh revenue slid 0.5%.

$CHRW {{ '2017-07-19T20:34:09+0000' | timeago}} • Announcement

$CHRW reported a dip in 2Q17 earnings due to truckload margin compression as well as higher purchased transportation costs. Net income fell to $111.07MM or $0.78 per share from $143.1MM or $1.00 per share last year. Revenue grew to $3.71Bil from $3.3Bil, on volume growth across all of its transportation services.

$UAL {{ '2017-07-19T16:28:21+0000' | timeago}} • Infographic

$UAL United Continental Holdings Earnings AlphaGraphics: Q2 2017 highlights

$CSX {{ '2017-07-19T14:58:36+0000' | timeago}} • Webcast

$CSX said it is in the process of rebuilding the management team by filling the vacancies. The company has begun the search for experienced persons as part of the initiative.

$CSX {{ '2017-07-19T14:36:53+0000' | timeago}} • Webcast

$CSX sees significant sequential improvement in productivity in the second half of 2017. The main focus of the company in the remainder of the year would be to ensure reliability in train transit times, while taking initiatives to minimize cost and improve pricing.

$NSC {{ '2017-07-19T13:27:51+0000' | timeago}} • Announcement

$NSC plans to consolidate its Central Division headquarters operations in Knoxville into three surrounding divisions, effective on or about Nov. 1, 2017. Dispatching responsibilities will be divided among operating divisions headquartered in Birmingham, Ala., Decatur, Ill., and Fort Wayne, Ind. This will affect about 50 employees.

$CSX {{ '2017-07-19T13:13:17+0000' | timeago}} • Webcast

Railroad company $CSX said train operations will increase sequentially in the coming quarters. The company expects to transport 30MM tonnes of commodities in the remainder of the year. The positive consumer sentiment indicates further growth in operations in 3Q17. Meanwhile, automobile shipments will be impacted by softening production.

$UAL {{ '2017-07-18T22:04:43+0000' | timeago}} • Announcement

$UAL, which was in news for dragging down a passenger from a packed flight in April, implemented the majority of ten changes announced at the end of April. The airlines reduced the amount of overbooking, and it saw a 79% decrease in involuntary denied boardings in May YoY and an 88% decrease in June YoY.

$UAL {{ '2017-07-18T21:54:33+0000' | timeago}} • Announcement

For 3Q17, $UAL expects its consolidated passenger revenue per available seat mile (PRASM) to be between 12.51 and 12.77 cents, representing down 1% to up 1%. Cargo and other revenue is estimated to be $1.295-1.395Bil. Third quarter capacity is set to be around 4% in 3Q17. The capacity is targeted between 2.5% and 3.5% for FY17.

$UAL {{ '2017-07-18T21:44:47+0000' | timeago}} • Announcement

$UAL, which competes with its rivals $DAL and $AAL, reported a higher profit in 2Q17. Net income flew high at $818MM, a spike of 39% and diluted EPS surged 49.4% to $2.66. Revenue climbed 6.4% to $10Bil and non-GAAP EPS increased 5.4% to $2.75. Consolidated passenger revenue per available seat mile (PRASM) was up 2.1% in the recently ended quarter.

$CSX {{ '2017-07-18T21:41:12+0000' | timeago}} • Infographic

$CSX Corp. Earnings AlphaGraphics: Q2 2017 highlights

$CSX {{ '2017-07-18T20:29:55+0000' | timeago}} • Webcast

$CSX continues to expect its EPS to grow around 25%, off the 2016-reported base of $1.81, in fiscal 2017. Operating ratio is forecast to be in the mid-60s. The company estimates its free cash flow before dividends to be around $1.5Bil during the year.  In 2Q17, the BoD authorized an additional $500MM for the current share repurchase program.

$CSX {{ '2017-07-18T20:21:24+0000' | timeago}} • Webcast

Railroad company $CSX reported a 2Q17 profit of $510MM or $0.55 per share, higher than $445MM or $0.47 per share recorded last year. Non-GAAP income, excluding restructuring charges, was $0.64 per share. Revenues advanced 8% YoY in 2Q17. The growth was driven mainly by coal-related gains, better pricing and volume, and increased fuel recovery.

$CAR {{ '2017-07-17T13:54:53+0000' | timeago}} • Announcement

Car Rental operator $CAR said it has integrated $AMZN’s voice platform Alexa to allow travelers to book and manage car rental reservations with ease.  Avis is the first car rental company to offer the service.

$FDX {{ '2017-07-17T13:54:15+0000' | timeago}} • Announcement

$FDX reaffirmed its commitment to improve the operating income at the FedEx Express Group by $1.2-1.5Bil in FY20 versus FY17, assuming moderate economic growth and current accounting and tax rules.

$FDX {{ '2017-07-17T13:53:52+0000' | timeago}} • Announcement

$FDX filed its Form 10-K for FY17 with the SEC containing additional information regarding the June 2017 Petya cyberattack on its TNT Express operations. $FDX has experienced revenue loss due to decreased volumes at TNT and incremental costs due to the implementation of contingency and remediation plans. $FDX has no insurance covering this attack.

$R {{ '2017-07-14T20:44:47+0000' | timeago}} • Announcement

$R has declared a regular quarterly cash dividend of $0.46 per share on its common stock. The dividend is payable on September 15, 2017, to shareholders of record on August 21, 2017.

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