Transportation

Allegiant Travel (NASDAQ:ALGT) had its price target lowered to $65.00 by analysts at Susquehanna

Allegiant Travel (NASDAQ:ALGT) had its price target lowered to $65.00 by analysts at Susquehanna

Allegiant Travel (NASDAQ:ALGT – Free Report) had their target price reduced by Susquehanna from $76.00 to $65.00 in a research report on Tuesday, Benzinga reports. They currently have a neutral rating on the transportation company’s stock. A number of other analysts have also commented on ALGT. Barclays reduced their target price on shares of Allegiant …

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Freight railroads must maintain crews of 2 people, according to a new federal rule that has been in place for 2 years

Freight railroads must maintain crews of 2 people, according to a new federal rule that has been in place for 2 years

Major freight railroads will have to maintain two-man crews on most routes under a new federal rule that was finalized Tuesday in a milestone in organized labor’s long fight to preserve the practice. The Department of Transportation’s Federal Railroad Administration released details of the rule the Tuesday morning after work on it for two years. …

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How the Coast Guard is launching ships into Baltimore Harbor to clean up the bridge

How the Coast Guard is launching ships into Baltimore Harbor to clean up the bridge

Commercial ships can now return to the Baltimore Harbor Ship Channel to remove debris from the collapsed Francis Scott Key Bridge. The Coast Guard approves each vessel on a case-by-case basis with strict vessel restrictions. It remains unclear how long it will be before the Port of Baltimore reopens to container traffic, and ocean carriers …

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Allegiant Travel (NASDAQ:ALGT) short interest rose 11.2% in March

Allegiant Travel (NASDAQ:ALGT) short interest rose 11.2% in March

Allegiant Travel ( NASDAQ:ALGT – Get a Free Report ) was the target of a large rally in short interest during the month of March. As of March 15th, there was short interest totaling 765,500 shares, up 11.2% from the February 29th total of 688,200 shares. Currently, 5.1% of the company’s shares are sold short. …

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The world’s largest shipping company has transferred the port cargo problem to American companies

The world’s largest shipping company has transferred the port cargo problem to American companies

MSC, the world’s largest ocean carrier, has joined the list of ocean carriers suspending the delivery of diverted out-of-port containers to shipping customers as a result of the container ship incident off the Port of Baltimore that led to the tragic bridge collapse. With the Port of Baltimore closed indefinitely, the ruling places the burden …

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The world’s largest shipping company has transferred the port cargo problem to American companies

The world’s largest shipping company has transferred the port cargo problem to American companies

MSC, the world’s largest ocean carrier, has joined the list of ocean carriers suspending the delivery of diverted out-of-port containers to shipping customers as a result of the container ship incident off the Port of Baltimore that led to the tragic bridge collapse. With the Port of Baltimore closed indefinitely, the ruling places the burden …

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Zacks Research Equities analysts raise earnings estimates for Allegiant Travel (NASDAQ:ALGT)

Zacks Research Equities analysts raise earnings estimates for Allegiant Travel (NASDAQ:ALGT)

Allegiant Travel (NASDAQ:ALGT – Free Report ) – Zacks Research boosted their Q1 2025 earnings per share (EPS) estimates for shares of Allegiant Travel in a report issued on Thursday, March 21st. Zacks Research analyst M. Basu now forecasts that the transportation company will post earnings of $2.20 per share for the quarter, up from …

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New and used car prices are cooling.  Here’s what car buyers can expect

New and used car prices are cooling. Here’s what car buyers can expect

Masks | Masks | Getty Images But new cars are still expensive; prices are nearly 14% higher than February 2021. Incentives such as rebates and discounts are slowly returning as inventories rise for most automakers, but prices may never return to pre-pandemic levels, experts predict. “The bad news is that we will never go back …

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How (and when) Chinese cars could impact the US market

How (and when) Chinese cars could impact the US market

Over the weekend, former President Donald Trump predicted a “bloodbath” for the US auto industry if he loses the presidential election this November. He addressed Chinese President Xi Jinping directly at a campaign rally in Ohio, promising to double tariffs on Chinese cars entering the US if elected. what you should Know There are currently …

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How (and when) Chinese cars could impact the US market

How (and when) Chinese cars could impact the US market

Over the weekend, former President Donald Trump predicted a “bloodbath” for the US auto industry if he loses the presidential election this November. He addressed Chinese President Xi Jinping directly at a campaign rally in Ohio, promising to double tariffs on Chinese cars entering the US if elected. what you should Know There are currently …

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