$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.

$CSX {{ '2018-01-17T20:31:04+0000' | timeago}} • Infographic

$CSX CSX Corp Earnings AlphaGraphic: Q4 2017 highlights

$CSX {{ '2018-01-17T12:49:51+0000' | timeago}} • Webcast

$CSX expects a step-down in the operating ratio every year for the next three years. The company expects CapEx to be $1.6Bil down significantly from FY17.

$CSX {{ '2018-01-17T12:34:04+0000' | timeago}} • Webcast

For FY18, $CSX expects revenue to be up slightly with merchandising intermodal services offerings much better than last year. The company expects to see "more favourable results" in the second half of the year.

$CSX {{ '2018-01-16T21:31:18+0000' | timeago}} • Announcement

Even as revenue slipped 6% to $2.86Bil, $CSX saw earnings jump almost 9 times to $4.14Bil or $4.62 per diluted share in 4Q17 from last year's $458MM or $0.49 per share. This was due to a $3.16Bil income tax benefit in the quarter.

$CAR {{ '2018-01-16T14:50:34+0000' | timeago}} • Announcement

Based on preliminary data $CAR estimates that for FY17, revenue is expected to increase to about $8.85Bil and expects pretax income to be between $205-215MM. $CAR also expects adjusted EBITDA to be within the range of $730-740MM.

$UAL {{ '2018-01-10T12:32:19+0000' | timeago}} • Announcement

United Airlines unveiled its key operating metrics for Dec. 2017. $UAL's traffic increased 2.7% while capacity spiked 3.7% compared to Dec. 2016. However, passenger load factor shrank 0.8 points vs. last year. The company now expects fourth quarter 2017 passenger unit revenues to be about flat vs. 4Q16 due to better yields and demand.

$CSX {{ '2018-01-08T21:10:07+0000' | timeago}} • Announcement

$CSX announced that Edmond L. Harris has been named executive vice president of operations, effective immediately.

$CSX {{ '2017-12-26T11:05:59+0000' | timeago}} • Announcement

$CSX named James Foote as the company’s President and CEO, effective Dec. 22, 2017. Foote was named acting CEO on Dec. 14, 2017 after Hunter Harrison was placed on medical leave. James Foote will also join the company's BoD.

$CAR {{ '2017-12-19T17:10:19+0000' | timeago}} • Announcement

$CAR said it is now the exclusive car rental partner of $HA. Under the multi-year agreement, $CAR will promote its Avis Car Rental, Budget Car Rental and Payless Car Rental brands, products and services as well as value-added offers directly to $HA's guests and members of HawaiianMiles, the carrier's frequent flyer travel rewards program.

$RRTS {{ '2017-12-18T13:18:34+0000' | timeago}} • Announcement

$RRTS received filing extensions from the NYSE, its asset-based lenders, and its preferred stock holder. This related to Form 10-K/A for 2015, and Form 10-Q/A for quarters ended March 31, 2016, June 30, 2016 and Sept. 30, 2016. This also includes Form 10-K for 2016 and Form 10-Q for quarters ended March 31, 2017, June 30, 2017 and Sept. 30, 2017.

$CSX {{ '2017-12-18T12:32:18+0000' | timeago}} • Announcement

$CSX said Hunter Harrison, President and CEO of $CSX, passed away on Dec. 16 in Wellington, Fla., due to unexpectedly severe complications from a recent illness.

$CSX {{ '2017-12-15T12:32:48+0000' | timeago}} • Announcement

$CSX announced that CEO and President E. Hunter Harrison is on medical leave due to unexpected complications from a recent illness.  Therefore, the Board of Directors named COO James M. Foote as acting CEO of the Company.

$UAL {{ '2017-12-08T15:13:54+0000' | timeago}} • Announcement

United Airlines has appointed Kate Gebo as EVP of Human Resources and Labor Relations. Gebo who is currently looking after customer service is replacing Mike Bonds who has announced his retirement in Feb. 2017. Gebo comes with two decades of experience in airline industry working at $UAL's various departments.

$UAL {{ '2017-12-08T14:41:35+0000' | timeago}} • Announcement

United Airlines reported a 5.1% spike in traffic for Nov 2017 touching 17.02Bil, but passenger load factor remained flat at 81.8%. On a YTD basis, load factor reduced 50 bps as capacity additions exceeded traffic growth. For 4Q, $UAL has raised the guidance for passenger unit revenue (PRASM) from a 1-3% decline to a fall of 2% to flat YoY.

$LUV {{ '2017-12-07T17:56:48+0000' | timeago}} • Announcement

In Nov 2017, $LUV saw a 6.5% rise in Revenue Passengers Carried of 11.4MM. Revenue passenger miles inched 3.4% up to 10.8Bil, while available seat miles improved 2.5% to 12.6Bil. Load factor rose by 0.7pts to 85.8% for the month.

$UPS {{ '2017-12-04T17:42:31+0000' | timeago}} • Announcement

Logistics provider $UPS acquires trade solutions provider Sandler & Travis Trade Advisory Services in an undisclosed financial deal. UPS added that this transaction will complement its custom brokerage and Trade Management Services. Earlier in 2017, UPS acquired Zone Solutions, which specializes in Foreign Trade Zone services.

$INT {{ '2017-12-04T12:53:38+0000' | timeago}} • Announcement

$INT's BoD declared a quarterly cash dividend of $0.06 per share. The dividend is payable on Jan. 5, 2018 to shareholders of record on Dec. 15, 2017.

$LUV {{ '2017-12-01T20:33:37+0000' | timeago}} • Announcement

Fresh from a natural-disaster prone 3Q17, the US airline industry is all set to tackle the holiday quarter. Here's a quick look at some of the noteworthy deals the major US carriers were part of. $LUV $AAL $DAL $UAL $ALK

$AAL {{ '2017-11-29T21:00:04+0000' | timeago}} • Infographic

Lower load factor and withering PRASM plague the fleet-heavy United as the US airline industry enters the year-end quarter. Though American, Delta and Southwest reported huge number of flight cancellation during 3Q17 on the Hurricane impact, all held steady on their numbers with nominal losses. $AAL $DAL $UAL $LUV $ALK

$RRTS {{ '2017-11-22T21:06:02+0000' | timeago}} • Announcement

Logistics services provider $RRTS has appointed James D Staley as Chairman of the Board. Staley has been a director since 2010 and  Lead Independent Director since 2016. He succeeds Scott D Rued and Mark DiBlasi, Chairman and Vice Chairman respectively. Earlier, Staley had served YRC Worldwide in various capacities from 2004 to 2007.

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