Data by Industry within the Transportation Sector
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Marketcap |
Revenues (TTM) |
Net Income (TTM) |
Employees |
| Industry |
(Millions) |
(Millions) |
(Millions) |
Number |
| Transport & Logistics Industry |
$ 270,083 |
$ 254,302 |
$ 14,232 |
1,093,395 |
| Airline Industry |
$ 138,917 |
$ 277,072 |
$ 8,772 |
612,760 |
| Special Transportation Services Industry |
$ 42,657 |
$ 21,383 |
$ 109 |
57,068 |
| Railroads Industry |
$ 358,931 |
$ 79,964 |
$ 16,608 |
142,291 |
| Marine Transportation Industry |
$ 67,684 |
$ 67,724 |
$ 6,399 |
131,901 |
| Total Transportation Sector |
$ 878,273 |
$ 700,446 |
$ 46,120 |
2,037,415 |
Recent News from Transportation Sector |
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Product Service News
In a strategic move amidst navigating the turbulent waters of global shipping, Castor Maritime Inc. (NASDAQ: CTRM), a diversified global shipping and energy company based in Limassol, Cyprus, has announced the sale of two Panamax bulk carriers the M/V Magic Eclipse and M/V Magic Callisto for a combined total of $28 million. This significant decision, unfo...
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Financing Agreement
Aviation Resilience: Grupo Aeroportuario del Pacifico Navigates Financial Realities and Encouraging Passenger GrowthIn an impressive demonstration of strategic financial management, Grupo Aeroportuario del Pacfico, S.A.B. de C.V. (GAP) has successfully refinanced its credit facility with Banco Nacional de México, S.A. (Citibanamex) to the tune of $40 mill...
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Announcement
HAMILTON, BERMUDA - DHT Holdings, Inc. (NYSE: DHT), a prominent player in the oil tanker industry, has recently underscored its commitment to strategic corporate governance and financial optimization through a series of significant actions. These initiatives include the filing of its 2024 annual report on Form 20-F with the U.S. Securities and Exchange Co...
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Partnership
Diana Shipping Inc. Enters Strategic Partnership Amid Market ChallengesIn a significant move reflecting its commitment to growth and innovation within the maritime sector, Diana Shipping Inc. has announced its strategic partnership in two new 7,500 cbm semi-refrigerated LPG newbuildings. This development marks a bold step for the company as it aims to en...
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Business Update
In recent announcements, Old Dominion Freight Line, Inc. (NASDAQ: ODFL) revealed significant operating metrics for February 2025, reflecting a challenging landscape for less-than-truckload (LTL) services. The data not only underscores the company s hurdles but also sheds light on broader trends affecting its corporate client base across diverse sectors. ...
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Merger and Acquisition
London, March 17, 2025 ? Navigator Holdings Ltd. (Navigator Gas) (NYSE: NVGS), the owner and operator of the world?s largest fleet of handysize liquefied gas carriers, has just announced a significant milestone in its growth strategy. Today, the company completed the final acquisition in a series of three handysize ethylene carriers, reinforcing its commi...
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Stock Market Announcement
Globus Maritime Limited Files 2024 Annual Report and Continues Positive Market MomentumGLYFADA, Greece, March 14, 2025 Globus Maritime Limited (Globus, the Company, we, or our) (NASDAQ: GLBS), a prominent player in the dry bulk shipping sector, has announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024. This ...
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Product Service News
In a promising sign for the aviation sector, Grupo Aeroportuario del Pacifico, S.A.B. de C.V. (GAP), announced a 1.6% increase in passenger traffic for February 2025 compared to the same month in 2024. This growth follows a reported decline of 0.8% in passenger traffic during October 2024 compared to October 2023, reflecting a volatile but hopeful traject...
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Dividend
Navigating Financial Waters: Global Ship Lease Declares Sturdy Dividend Amid Rising Ocean Freight DemandIn a move that reflects the robust dynamics of the maritime shipping industry, Global Ship Lease, Inc. (NYSE:GSL), a leading player in the containership charter sector, has declared a notable cash dividend of $0.546875 per depositary share for its Serie...
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Dividend
Hub Group Declares Quarterly Dividend, Showcasing Financial Strength Amid Expanding Payout RatioOAK BROOK, Ill., March 5, 2025 Demonstrating financial confidence and a commitment to returning value to shareholders, Hub Group, Inc. (Nasdaq: HUBG) announced today that its Board of Directors declared a quarterly cash dividend of $0.125 per share on the com...
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Management Announcement
Saia, Inc. Sees Solid Growth in LTL Sector and Makes Waves in NASCAR PartnershipIn the dynamic landscape of logistics and transportation, Saia, Inc. (Nasdaq: SAIA) is carving out an impressive trajectory as one of the leading providers. Recent reports on the company s first-quarter performance for 2025 reflect a notable uptick in LTL (less-than-truckload)...
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Management Announcement
The Union Advantage: CSX s Growth Amidst Negotiation Success and Shareholder ValueIn recent months, CSX Corporation, a key player in the North American transportation sector, has made significant strides in enhancing both its operational strategy and shareholder value. Central to these developments is the ratification of a collective bargaining agreement...
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Merger and Acquisition
Breaking News: CN and Iowa Northern Railway officially join operationsMONTREAL, March 3, 2025 ? In a landmark move for North American rail logistics, Canadian National Railway Company (CN) and Iowa Northern Railway Company officially merged operations on March 1, 2025. This strategic alignment, authorized previously by the U.S. Surface Transportation Boar...
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Shares
Toro Corp. Announces Strategic Spin-Off: Examining the Handysize Tanker Division s Future Spinning Off the Handysize Tanker BusinessIn a significant strategic maneuver, Toro Corp. (NASDAQ: TORO), a leading company in international energy transportation services, has announced its decision to spin off its Handysize tanker business. This move follows a rec...
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Management Announcement
TFI International Stays True to Its Canadian Roots Amid Unprecedented Growth and Shareholder Confidence In a pivotal decision that echoes the sentiments of its shareholders, TFI International Inc. (NYSE and TSX: TFII) has announced it will continue to operate as a Canadian corporation, abandoning plans to re-domicile to the United States?a move initially...
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Business Update
In a vivid reflection of the electric vehicle (EV) industry s burgeoning challenges, ChargePoint Holdings Inc. is grappling with a significant non-compliance notice from the New York Stock Exchange (NYSE). The company was informed on February 19, 2025, that its share price has dipped below the NYSE s required threshold, an omen of potential financial turb...
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Business Update
In a move that underscores the volatility in the electric vehicle (EV) sector, ChargePoint (NYSE: CHPT), a prominent provider of charging solutions, has received a notice of non-compliance from the New York Stock Exchange (NYSE). The notice, dated February 19, 2025, was issued due to ChargePoint s stock closing average dipping below the $1.00 threshold ov...
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Merger and Acquisition
Navigator Gas Embarks on a New Journey: Expansion Through Strategic Acquisition Amid Record ReturnsOn February 19, 2025, Navigator Holdings Ltd. (NYSE: NVGS), renowned as the operator of the world s largest fleet of handysize liquefied gas carriers, announced a significant milestone in its growth trajectory. The company has officially completed the acquis...
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Announcement
Driving Forward: CN s Commitment to Progress and Community ResilienceIn a significant move that underscores Canadian National Railway s (CN) commitment to both its workforce and the broader community, the company recently celebrated the formal ratification of a new four-year collective agreement with the International Brotherhood of Electrical Workers (I...
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Dividend
Global Ship Lease, Inc. Declares Robust Dividend Amid Market FluctuationsATHENS, Greece As market trends signal a volatile year ahead, maritime industry stakeholders are keenly observing companies that can navigate the high seas with resilience. On February 12, 2025, Global Ship Lease, Inc. (NYSE:GSL), a prominent name in containership charter ownership, ...
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Dividend
CSX Corporation Announces Dividend Increase Amid Labor Deal Ratification and Mixed Market PerformanceJACKSONVILLE, Fla., February 12, 2025 CSX Corporation (NASDAQ: CSX), a leading transportation services company, has announced an eight percent increase in its quarterly dividend, as approved by the Board of Directors. This development reflects the ongoing ...
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Shares
Sun Country Airlines Holdings, Inc., a distinctive player in the mid-tier airline market, has announced a strategic financial move by initiating a secondary public offering of its common stock alongside a concurrent share repurchase program. This development marks a significant moment for shareholders and comes on the heels of promising expansion activiti...
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Shares
Canadian National Railway Company Assures Shareholders with Strategic Moves in 2025On January 30, 2025, Canadian National Railway Company (CNR) (TSX: CNR; NYSE: CNI) made...
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Merger and Acquisition
Seanergy Maritime Expands Fleet with Two Japanese Ships: One Newcastlemax Vessel and One Capesize VesselGLYFADA, Greece, Jan. 28, 2025 ? Seanergy Maritime Holdings Corp. (NASDAQ: SHIP), a prominent player in the global shipping industry, has recently announced a strategic move to bolster its fleet through two definitive agreements with unaffiliated third...
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Business Update
Dorian LPG Ltd. Navigates Market Turbulence with Strategic Dividend DeclarationIn a climate of volatile market conditions, Dorian LPG Ltd. (NYSE: LPG) has made waves by announcing an irregular cash dividend of $0.70 per share, returning approximately $30 million to its shareholders. This strategic move was approved by the company s Board of Directors, of...
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Partnership
In an exciting development for motorsport enthusiasts and the racing industry alike, Joe Gibbs Racing (JGR) has announced a multi-year partnership with Saia LTL Freight. This strategic collaboration designates Saia LTL Freight as the primary sponsor for Ty Gibbs and the No. 54 Toyota Camry XSE in the upcoming 2025 NASCAR Cup Series season. The partnership...
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Business Update
Dorian LPG Ltd. Announces Irregular Cash Dividend Amid Challenging Market Conditions Dorian LPG Ltd. (NYSE: LPG), a leading player in the liquefied petroleum gas (LPG) industry, has made a significant move by declaring an irregular cash dividend of $0.70 per share, returning approximately $30 million of capital to its shareholders. This announcement comes...
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Announcement
DHT Holdings, Inc. to Announce Fourth Quarter 2024 Results Amidst Market Underperformance DHT Holdings, Inc., a prominent player in the maritime logistics sector, has set February 5, 2025, as the date to reveal its financial results for the fourth quarter of 2024. As stakeholders prepare for this announcement, there is notable scrutiny on the company s re...
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Product Service News
In a recent announcement, OceanPal Inc., a notable player in the global shipping arena, confirmed the sale of its vessel, the M/V Salt Lake City, for $16.1 million. This transaction, set for completion by February 20, 2025, underscores the company s ongoing strategy to optimize its asset portfolio even as financial challenges loom on the horizon. The vess...
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Business Update
JetBlue Navigates New Revenue Streams and Payment Solutions Amid Cost Challenges In a significant move demonstrating its adaptability to the changing landscape of digital payments, JetBlue Airways has announced that it will become the first airline to accept Venmo as a payment option for online bookings. This strategic decision aligns with JetBlue s missi...
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