Transportation & Logistics Archives

DRYS Stock Jumps 32%: SPII Holdings Acquiring DryShips

DryShips, Inc. (NASDAQ:DRYS) is making headlines this morning. Why? Because DRYS stock is up nearly 40% after the Athens, Greece-based company said it’ll be acquired by SPII Holdings. Here’s what we know. DRYS Stock Goes ... [Read]

Penny Stocks to Watch: Analysts Turn Bullish on Costamare Inc.

Feb 1 Maria Ohle

Penny stocks in the shipping industry may not appear to be the most exciting, however, they can return some of the biggest dividends to investors. Costamare Inc. (NYSE:CMRE) is one of the world’s leading owners ... [Read]

Car-sharing Service Getaround Raises $300 Million in Funding

Aug 21 Maria Ohle

Online car-sharing service Getaround, which allows drivers to rent their vehicles to people they’ve never met, continues its steady growth after a new round of funding. The company — founded in 2009 by Sam Zaid, ... [Read]

Is USA Truck Offering a Selling Opportunity?

Jul 18 Siraj Sarwar

USA Truck, Inc. (NASDAQ:USAK) shares spiked 135% in the last twelve months due to traders’ confidence in its potential to generate sustainable growth over the long-term. Value investors, on the other hand, are wondering whether ... [Read]

Air Transport Services Group Stock Set to Extend the Upside Trend

Mar 1 Siraj Sarwar

Air Transport Services Group (NASDAQ:ATSG) shares jumped sharply in the last five years. This is supported by solid growth in the companies revenue and earnings. ATSG shares rose 52% in the last twelve months, extending ... [Read]

DryShip Shares Higher on Dividends and Buybacks, Stock up 30%

Feb 7 Siraj Sarwar

The announcement of dividend and share buybacks enhanced the share price of DryShip Inc (NASDAQ:DRYS) more than 20% in today’s trade. DRYS share price has had the most shocking 52-week trading range of $0.93 – $5,685.39. ... [Read]

USA Truck: Huge Calls and Solid Financial Outlook Moves Shares Higher

Feb 5 Siraj Sarwar

USA Truck Inc. (NASDAQ:USAK) stunned investors with stronger than expected numbers for the final quarter. The share price of USA Truck soared as much as 21% after the earnings announcement. However, analysts believe the price ... [Read]

Matson Shares Soar, Dividends Are Also Safe

Jan 29 Siraj Sarwar

Matson Inc. (NYSE:MATX) shares soar significantly by 21% in Monday’s trade. The stock soared on higher volumes, as there was no report to support the today’s rally. MATX stock share volume increased to 828,995 shares, ... [Read]