Air Freight & Logistics

JP Morgan has lowered the price target on Expeditors (NASDAQ: EXPD) from $61 to $58 and maintains its Neutral rating.

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Friday's trading session (listed from highest total volume to lowest): 1) Melco Crown Entertainment (NASDAQ:...

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Thursday's trading session (listed from highest total volume to lowest): 1) Shares of Level 3 Communications hit...

We've seen a recent string of better than expected economic reports for June, and it looks as if the economic slowdown we saw in April and May may have been just a soft patch, and nothing more. The Japanese earthquake and tsunami caused more devastation than anyone gave it credit for, and it...

UPS Freight (NYSE: UPS) today announced a general rate increase averaging 6.9 percent covering non-contractual shipments in the United States, Canada and Mexico.

Morgan Stanley reiterated its Overweight rating on FedEx (NYSE: FDX). On Thursday, FedEx closed the day at $94.85.

Boo! Was that a ghost, or was that just some soft patch talk scaring you during a nightmare? The economic data hasn't been exactly rosy over the last month, and as a result, investors have gotten spooked and have chosen to chainsaw their equity positions. Since late April, nervous investors had...

Is it really summer earnings season already? It seems like just yesterday we were navigating all the numbers and steering our portfolios into profitable waters. Yet, here we are! Alcoa (NYSE: AA) has been batting lead-off in New York seemingly since Bernie Williams was in diapers, and that's not...

Piper Jaffray reiterated its Overweight rating on United Parcel Service (NYSE: UPS). At the same time, Piper Jaffray left its price target on the company's stock unchanged at $91. On Wednesday, United Parcel lost 0.1% of its value to close the day at $71.98.

Pre-open movers US stock futures are slightly lower this morning. Greek Parliament is scheduled to vote Wednesday on the EUR28.4 billion, five-year austerity package. Futures on the Dow Jones Industrial Average dropped 17 points to 11,973.00 and futures on the S&P 500 stock index fell 2.60...

UPS (NYSE: UPS) and Merck (NYSE: MRK), today announced that the companies have significantly broadened their existing distribution and logistics agreement to include aspects of Merck's global supply chain around the world. UPS currently manages the distribution, warehousing and transportation of...

UTi Worldwide (Nasdaq: UTIW) today announced that it has successfully issued $150 million of senior unsecured guaranteed notes, amended and extended two of its existing letter of credit facilities and entered into a new revolving credit facility. The company also announced that it has amended and...

Robert W. Baird has upgraded Expeditors International (NASDAQ: EXPD) from Neutral to Outperform with a $60 price target.

Analysts at HSBC upgraded BHP Billiton Limited (NYSE: BHP) from “neutral” to “overweight.” BHP's shares closed at $88.61 on Friday. BHP's PEG ratio is 0.93. Analysts at Goldman Sachs upgraded ConAgra Foods Inc (NYSE: CAG) from “neutral” to “buy.” CAG's shares closed at $25.20 on Friday. ConAgra's...

Piper Jaffray has a Neutral rating and a $24 price target on shares of UTI Worldwide Inc. (NASDAQ: UTIW). In a note to clients, Piper Jaffray writes, "We attended UTIW's Investor Day hosted in New York City yesterday where management provided incremental detail on its long term strategic "Client...