Shipping & Transportation

USA Truck: Controlling the road

USA Truck Inc. (Nasdaq:USAK) is loaded with profits despite this year’s surge in diesel fuel prices and a slowing economy. | Nasdaq: USAK |Comment

Forward Air: In it for the long haul

Despite the economic doldrums and sky-high fuel costs, Forward Air is moving forward as it hauls out a plan that includes organic growth and acquisitions. | Nasdaq: FWRD |Comment

OceanFreight pens $46 million charter contract

Global provider of seaborne transportation OceanFreight Inc. (Nasdaq:OCNF) announced ahead of the opening today it inked a time charter deal for Panamax dry bulk carrier, M/V Augusta, at a gross... | Nasdaq: OCNF |Comment

USA Truck jumps 25% on better-than-expected Q2 earnings

USA Truck Inc. (Nasdaq:USAK) is up more than 25% today after announcing better-than-expected second-quarter earnings. | Nasdaq: USAK |Comment

Marten Transport gains 13% as the crude prices fall from record highs

Marten Transport Ltd. (Nasdaq:MRTN) is up more than 13% today as the price of crude oil falls from record highs. | Nasdaq: MRTN |Comment

Frozen Food Express drops 10% on rising fuel costs

Frozen Food Express Industries Inc. (Nasdaq:FFEX) fell 11% on Wednesday as the price of crude oil moved to more than $142 per barrel. | Nasdaq: FFEX |Comment

IPO Watch: Navios Maritime Acquisition

Navios Maritime Acquisition (NYSE:NNA.U) is set to go public this week. | NYSE: NNA.U |1 Comment

The Andersons shares up 15% in pre-market on revised FY08 earnings guidance

The Andersons, Inc. (Nasdaq:ANDE) shares were up 15% in pre-market trading after the company raised its guidance late Thursday for fiscal year 2008 to a gain between $4.40 per share and $4.80 per... | Nasdaq: ANDE |Comment

IPO Watch: Safe Bulkers

To get cargo from place to place, shippers use dry-bulk ships, and Safe Bulkers (NYSE:SB) is one of the fleet operators they call. | NYSE: SB |1 Comment

Sector Watch: Shipping container stocks

While a weak dollar is bad news to some, it creates profitable possibilities for others. Case in point: shipping container fleet owners CAI International (NYSE:CAP) and Textainer Group Holdings... | NYSE: CAP |Comment

Greenbrier Cos. CEO optimistic about railroad business

The Greenbrier Cos. (NYSE:GBX) CEO William Furman said the markets in the rail industry “continue to be weak” but he remains optimistic about prospects for the firm, which supplies... | NYSE: GBX |Comment

Star Bulk Carriers: Sailing ahead on a comparative advantage

See why Athens-based Star Bulk Carriers Corp. (Nasdaq: SBLK), a major transporter of iron ore, coal, grains, bauxite, fertilizers and steel products, has a comparative advantage over many other... SBLK |Comment

Paragon Shipping (PRGN): Beyond the sea

When Paragon Shipping Inc. (Nasdaq: PRGN) became a public company last August, investors who didn’t set sail with the initial offering priced at $16 might have figured that they had missed the... PRGN |Comment

The Greenbrier Companies dips after missing Q1 profit estimates

The Greenbrier Companies (NYSE: GBX) shares are declining after the supplier of railroad freight car equipment reported first-quarter earnings below analysts’ projections. For the three months... GBX |Comment

Euroseas Ltd.: Come sail away

Not only does Euroseas Ltd. (Nasdaq: ESEA), an international seaborne transportation services company specializing in drybulk cargoes, move commodity goods across the open waters, it moves them... ESEA |2 Comments

Covenant Transportation Group upwardly revises Q4 guidance

Truckload transportation company Covenant Transportation Group, Inc. (Nasdaq: CVTI) provided an update for its fourth quarter, stating that it expects financial results to “exceed internal... CVTI |Comment

Top Tankers Inc.: A top value play

Calling all value investors. You might be interested in a little Greek international shipping company called Top Tankers Inc. (Nasdaq: TOPT). Aside from operating in, drybulk, what could be the... TOPT |Comment

U.S. Shipping Partners soars on dividend announcement

U.S. Shipping Partners L.P. (NYSE: USS) shares are up after the provider of long-haul marine transportation services announced that it expects to pay a $0.45 dividend for each common share at the... USS |Comment

Double Hull Tankers, Inc. reports Q3 results in line with analysts' estimates

Shares of Double Hull Tankers, Inc. (NYSE: DHT) are jumping in pre-market trading after the owner and operator of a fleet of double-hull tankers on international routes today reported third-quarter... DHT |Comment

CFO: ABX Air on track to achieve FY07 markup goals

ABX Air, Inc. (Nasdaq: ABXA) CFO Quint Turner said the airline cargo transporter was on track to achieve “nearly 100%” of its incremental markup goals at the end of the third quarter. Turner... ABXA |Comment

Rural/Metro soars on Q4 revenue beat

Rural/Metro Corp. (Nasdaq: RURL) shares are higher after the provider of emergency medical transportation reported fourth-quarter revenue above analyst expectations. For the three months ended... RURL |Comment

TravelCenters of America swings to 3Q loss, falls to 52-week low

Shares of truck stop operator TravelCenters of America LLC (AMEX: TA) have shifted into reverse and hit a new 52-week low on news before the start of trading of a third-quarter loss. TA |Comment

American Railcar Industries derails after missing Q3 estimates

American Railcar Industries, Inc. (Nasdaq: ARII) shares are derailing after the St. Charles, Mo.-based company reported third-quarter revenue of $139.9 million, below analyst estimates of $173.9... ARII |Comment

Vitran Corporation falls to new 52-week low on Q3 profit drop

Shares of freight transportation company Vitran Corporation Inc. (Nasdaq: VTNC) have found a new 52-week low on news before the opening that third-quarter profit declined and missed Wall Street’s... VTNC |Comment

Quintana Maritime to explore strategic options

Shares of Quintana Maritime Ltd. (Nasdaq: QMAR) jumped to a new 52 week high after the drybulk shipper announced that it has decided to evaluate strategic alternatives. QMAR |Comment

U.S. Xpress Enterprises downgraded to "hold" on valuation

U.S. Xpress Enterprises (Nasdaq: XPRSA) was downgraded today by Stifel Nicolaus to a “hold” rating from “buy” based on valuation and lack of upside. XPRSA |Comment

Paragon Shipping Inc. sails to 52-week high, buys vessels

Shares of Paragon Shipping Inc. (Nasdaq: PRGN) have sailed to a new 52-week high on news before the start of trading that the Greek sea transportation company will acquire two new carriers. PRGN |Comment

SMF Energy CEO: Working hard to overcome industry economics

SMF Energy Corp. (Nasdaq: FUEL) CEO Richard Gathright said the company has been lowering debt and improving corporate infrastructure, but has been hurt by the higher price of fuel. The petroleum... FUEL |Comment

Pacer International: Keeping pace

While the stocks of many companies in transportation and logistics have failed to gain much traction in recent months, this small cap is far from being a train wreck throughout the sector. PACR |Comment

Target Logistics Q4 profit down

Target Logistics, Inc. (AMEX: TLG), a freight logistics provider, announced before the opening that its fourth-quarter net income was $0.42 million, or $0.02 per share, missing analyst projections... TLG |Comment

FreeSeas swings to profit in Q2

Shares of FreeSeas Inc. (Nasdaq: FREE) are gaining ground in pre-market trading this morning after the provider of seaborne transportation for drybulk cargoes reported Monday night that it swung to... FREE |Comment

Rural/Metro misses Nasdaq filing deadline

Rural/Metro Corp. (Nasdaq: RURL), a medical transportation company, announced before the opening bell that it missed the filing deadline for its fiscal 2007 report to correct accounting mistakes.... RURL |Comment

U.S. Xpress Enterprises Inc. upgraded to “buy”

Shares of truckload carrier U.S. Xpress Enterprises Inc. (Nasdaq: XPRSA) rose today after Stifel Nicolaus upgraded the stock to a rating of “buy” from “hold.” XPRSA |Comment

TBS International Ltd. sinks as investors lock in profits

Shares of shipping company TBS International Ltd. (Nasdaq:TBSI) are sinking today as investors lock in gains after the stock’s long run up and in the midst of the broader market sell off,... TBSI |Comment

Waste Industries cites productivity gains in collection lines in Q2

During an afternoon conference call, Waste Industries USA, Inc. (Nasdaq: WWIN) CFO Steve Grissom said productivity gains in its collection lines and greater waste internalization in the Atlanta... WWIN |Comment

MC Shipping higher on news of buyout offer

Shares of MC Shipping Inc. (AMEX: MCX) have sailed into positive territory on news the operator of second-hand vessels is being purchased by a private-equity affiliate of investment bank Bear,... BSC |Comment

Top Monday percentage gainers: Graham Corp., MC Shipping Inc., GPC Biotech AG

Graham Corp. (AMEX: GHM), MC Shipping Inc. (AMEX: MCX) and GPC Biotech AG (Nasdaq: GPCB) are among the biggest percentage gainers in Monday's trading among companies with market capitalizations... GHM |Comment

Top Friday small-cap percentage gainers: Targacept Inc., Covenant Transportation Group Inc., Building Materials Holding Corp.

Targacept , Inc. (Nasdaq: TRGT), Covenant Transportation Group, Inc. (Nasdaq: CVTI) and Building Materials Holding Corp. (NYSE: BLG) are among the biggest percentage gainers in Friday's trading... TRGT |Comment

Biggest Tuesday small-cap percentage losers: PLX Technology Inc., Accredited Home Lenders Holding Co., Marten Transport Ltd

PLX Technology, Inc. (Nasdaq: PLXT), Accredited Home Lenders Holding Co. (Nasdaq: LEND) and Marten Transport, Ltd (Nasdaq: MRTN) are the biggest percentage losers in Tuesday's trading among... PLXT |Comment

Saia Inc. says acquisitions and improved margins will power trucker’s growth

During a morning conference call, Saia, Inc. (Nasdaq: SAIA) CEO Rick O’Dell said the trucking company’s recent acquisitions will power future growth in a challenging economic environment. In... SAIA |Comment

Tuesday small-cap pre-market volume leaders: Neurochem Inc., The Topps Company Inc., Ultra Clean Holdings, Inc.

Neurochem Inc. (Nasdaq: NRMX), The Topps Company, Inc. (Nasdaq: TOPP) and Ultra Clean Holdings, Inc. (Nasdaq: UCTT) are among the most actively traded companies in Tuesday pre-market trading among... NRMX |Comment

Friday pre-market small-cap volume leaders: Packeteer Inc., Local.com Corp., Avici Systems Inc.

Packeteer, Inc. (NASDAQ: PKTR), Local.com Corp. (Nasdaq: LOCM) and Avici Systems Inc. (Nasdaq: AVCI) were among the most actively traded companies in Friday pre-market trading among those with... PKTR |Comment

Marten Transport: Top up the tank

The trucking industry is a drag. Hauling tonnages are down, diesel fuel prices are up and good drivers have been hard to find. Contrary outlooks are what makes a market, though, and the bad times... MRTN |Comment

USA Truck, Inc. Q2 results beat estimates

Shares of USA Truck, Inc. (Nasdaq: USAK) traded up today after the dry van truckload carrier said second quarter results decreased from a year ago, but beat analysts’ expectations. USAK |Comment

AMCON Distributing Co. posts higher Q3 net income on lower revenue

Wholesale consumer products distributor AMCON Distributing Co. (AMEX: DIT) posted third-quarter net income of $1 million, or $1.29 earnings per share, compared with $0.24 million net income, or... DIT |Comment

Top Thursday small-cap percentage gainers: Avici Systems Inc., AMCON Distributing Co., Core Molding Technologies Inc.

Avici Systems Inc. (Nasdaq: AVCI), AMCON Distributing Co. (AMEX: DIT) and Core Molding Technologies, Inc. (AMEX: CMT) were among the biggest percentage gainers in Thursday's trading among companies... AVCI |Comment

USA Truck, Inc. Q2 results beat estimates

Dry van truckload carrier USA Truck, Inc. (Nasdaq: USAK) announced second quarter results above analysts’ expectations Thursday before the bell. USAK |Comment

Odyssey Marine rises as ship is released

It's smooth sailing for shares Odyssey Marine Exploration, Inc. (Nasdaq: OMEX) following news that a ship belonging to the Tampa, Fla.-based deep water recovery company has been cleared for... OMEX |Comment

Russell left behind as other indices rise

The Russell 2000 has not joined the Dow in positive territory on news of upbeat manufacturing data. PNTR |Comment

Ocean Bio-Chem soars on Q2 sales

Shares of Ocean Bio-Chem, Inc. (Nasdaq: OBCI) soared 81% or $1.40 to $3.13 after the manufacturer of maintenance and care products for boats, recreational vehicles, automobiles, motorcycles and... OBCI |Comment

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