Air Freight & Logistics

Pre-open movers US stock futures are higher this morning, as investors are awaiting industrial production and housing data. Futures on the Dow Jones Industrial Average surged 37 points to 12,546.00 and futures on the S&P 500 stock index rose 4.40 points to 1,330.00. Nasdaq 100 futures gained 5....

Yahoo! Inc (YHOO) prized investment in Chinese Internet company Alibaba Group Holding Ltd has turned into a stock market millstone. Alibaba's recently disclosed spinoff of an online-payment unit called Alipay is raising worries about the value of Yahoo's 43 percent stake in Alibaba. Alibaba Group...

Below are the top air delivery & freight services stocks on the NASDAQ in terms of dividend yield. C.H. Robinson Worldwide Inc (NASDAQ: CHRW) has a dividend yield of 1.40%. CHRW's shares closed at $80.68 yesterday. Forward Air Corporation (NASDAQ: FWRD) has a dividend yield of 0.90%. FWRD's...

Dahlman Rose believes that there are growth opportunities ahead at Air Transport Services Group, Inc. (NASDAQ: ATSG). “The current strategic plan is to grow revenues in the leasing division and in the ACMI division through the acquisition of aircraft, mostly the B767-300,” Dahlman Rose writes. “...

In a recent report, Deutsche Bank has raised the price target on United Parcel Service (NYSE: UPS) from $90.00 to $93.00 and reiterates a Buy rating after Q1 results show productivity gains and better network optimization. In the report, Deutsche Bank said, "In addition to leveraging an improving...

Dahlman Rose raised its 2011 earnings per share estimates on Air Transport Services Group (NASDAQ: ATSG). In a research report published today, Dahlman Rose put its price target on ATSG at $12. In the report, Dahlman states, "We are estimating 2011 EPS of $0.72, growing to $0.95 in 2012. We raised...

Deutsche Bank has raised the price target on United Parcel Service (NYSE: UPS) from $90 To $93 and maintains its Buy rating.

UPS (NYSE: UPS) has activated its newly-created Logistics Action Teams to support the American Red Cross's relief efforts for victims of the recent tornadoes in the southeastern United States. Additionally, the company pledged an additional $100,000 to its original $500,000 commitment to the...

Morgan Keegan is raising its price target on shares of Expeditors International Of Washington Inc. (NASDAQ: EXPD) to $59 from $56, and it has a Market Perform rating on shares following earnings. In a note to investors, Morgan Keegan writes, "We raised our 2011 estimate to $1.88 from $1.76 per...

This morning the major stock market indexes are all coming under some selling pressure for the fourth consecutive trading day. There is one sector that is bucking the short term trend and it the highly popular transportation index. This morning the Dow Jones Transportation ETF(NYSE: IYT) is trading...

Shareowners of UPS (NYSE: UPS) today elected a Board of Directors for a one-year term and ratified the appointment of Deloitte & Touche LLP as the company's independent registered public accountants. On other matters, a substantial majority of shareowners voted to approve the compensation to...

Jefferies, which raised its PT on shares of Expeditors International of Washington Inc. (NASDAQ: EXPD), is providing some color on the stock. “EXPD reported 1Q EPS 13.5% ahead of consensus, but talked down extrapolating the quarter's strength into forward periods,” Jefferies writes. “Gross yields...

According to a recent report, J.P. Morgan is raising PT to $61.00 from $58.00 and EPS to $2.04 from $1.85 on Expeditors (NASDAQ: EXPD) after gross revenue and yields show strength in 1Q. In the report, J.P. Morgan said, "EXPD's 1Q11 EPS was significantly higher than expected driven by strong 16%...

Jefferies & Company has raised the price target on Expeditors International of Washington (NASDAQ: EXPD) from $55 to $60 and maintains its Hold rating.

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