$UTIW (UTi Worldwide Inc.)

$UTIW {{ '2016-01-14T20:19:14+0000' | timeago}} • Announcement

Supply chain services company $UTIW said its shareholders have voted to adopt the previously announced merger agreement providing for the acquisition of $UTIW by DSV A/S. Upon completion of the transaction, each ordinary share of $UTIW will convert into the right to receive a cash payment of $7.10 without interest.

$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.

$ALGT {{ '2018-01-12T12:52:26+0000' | timeago}} • Announcement

Airline company $ALGT said its passenger traffic increased 11% annually to 978MM in December 2017. Available seat miles, a measure of carrying capacity, rose 9% to about 1.2Bil during the month. Overall load factor for the month was 82%, up 1.4 points compared to December 2016. In 4Q17, traffic and capacity grew 13% and 11%, respectively.

$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.

$ALGT {{ '2017-12-20T13:46:32+0000' | timeago}} • Announcement

$ALGT announced that Scott Allard has resigned his position as EVP and Chief Information Officer. Allard will depart his position with $ALGT on December 31. Robert Wilson, SVP, Information Systems, will act as Interim Chief Information Officer until a successor is selected.

$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.

$ALGT {{ '2017-12-08T13:07:30+0000' | timeago}} • Announcement

$ALGT expects available seat miles growth of 8% and YoY departures growth of 5% for December 2017. For 4Q17, capacity is expected to grow 10-12% while departures are expected to grow 9-11%. For 1Q18, capacity is expected to grow 10-14% while departures are expected to grow 8-12%.

$ALGT {{ '2017-12-08T13:07:13+0000' | timeago}} • Announcement

$ALGT reported preliminary passenger traffic results for November 2017. Revenue passenger miles increased 12.8% to 879MM from November 2016. Available seat miles rose 10.6% to 1.07Bil while load factor grew 1.6 points to 81.5% from the prior-year period.

$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

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