Transportation

What are the implications of FreeSeas Inc's (NASDAQ:FREE) NASDAQ delisting, and subsequent OTC registration?   At market open on Friday, FreeSeas Inc (NASDAQ:FREE), a Greek shipping company, traded for a little over $1.67 a share. By market close, the company traded at $1.15 a share – a more than 35% decline across...

If Trump is to carry through with his word, and his promise to raise employment in the US (although it's currently at pretty high levels, so he's going to have to work hard to do it) then the engineering industry should see a boom across the coming three to...

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Rand Logistics Inc. (NASDAQ:RLOG) reported that Baird Brent D has picked up 1,000,000 of common stock as of 2017-04-03. The acquisition brings the aggregate amount owned by Baird Brent D to a total of 1,000,000 representing...

Caterpillar Inc. (NYSE:CAT) shares closed 0.87% lower to $78.20 on Monday, possibly as traders booked profits ahead of the earnings release. The company has a market cap of $45.58 billion at 583.38 million shares outstanding. Shares have been trading in a 52-week range of $56.36 to $81.38 so the...

In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Roadrunner Transportation Systems Inc. (NYSE:RRTS) reported that Elliott Associates, L.p. has picked up 1,059,356 of common stock as of 2017-04-03. The acquisition brings the aggregate amount owned by Elliott Associates, L.p. to a total of...