Company earnings
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Mesa Airlines envisions operating 10 DHL cargo jets by 2022
Mesa Airlines flies small regional jets on small routes for mainline carriers. Now it’s stepping up a size to the Boeing 737 so it can…
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Covenant’s restructuring leads to sharp but better-than-projected decline
Total charges were more than $30 million as part of strategic shift
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Workhorse losses grow as stock surges, production ramps up
Workhorse Group lost a lot of money on paper because new borrowing was tied to its exploding stock price. But it has the cash on…
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BNSF’s Q2 net earnings fall, but operating ratio improves
The COVID-19 pandemic dented BNSF’s profits and lowered rail volumes in the second quarter.
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Hopes for shipping M&A face reality check
M&A is being blocked by weak share pricing among buyers and lack of desperation among sellers.
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Freighters to the rescue: Korean Air posts Q2 profit
Korean Air is a unicorn among passenger airlines. It made a profit in the second quarter, a remarkable feat given the depressed state of the…
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Cold storage sees choppy Q2; Americold says business ‘stable’
Cold storage facility operator Americold Realty Trust’s second quarter was slightly below expectations on choppy demand and increased COVID costs.
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How are tankers coping with floating-storage hangover?
Euronav and Scorpio Tankers highlight attractive fundamentals after floating storage wraps up.
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Daseke shares up 20%; restructuring progress seen in Q2 report
Shares of Daseke surge 20% as the company’s overhaul appears to be ahead of schedule. Second quarter results were better than expectations.
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Atlas Air capitalizes on transport shortages for big Q2 profit gain
Atlas Air Worldwide’s big cargo planes have been in flying full tilt since the novel coronavirus metastasized in March. Combine that with high rates and…
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