shipping stocks

The Middle East trade may be entering a new phase. Oil prices have retreated sharply this week as signs of progress in U.S.-Iran talks eased some fears of a broader regional disruption. The United States Oil Fund (NYSE:USO), one of the most widely followed proxies for crude oil prices, has fallen...

A Truth Social post from President Donald Trump may have handed tanker investors a new storyline. Trump accusing Iran of acting in bad faith during negotiations and calling an alleged drone attack on Indian ships leaving the Strait of Hormuz “totally unacceptable. The comments come as the...

Shipping stocks are quietly staging a comeback — and the underlying supply-demand setup suggests this cycle may have staying power. The Baltic Dry Index, a key benchmark for global shipping rates, has risen more than 60% from its 2023 lows, according to Baltic Exchange data, signaling a significant...

Logistics and transportation giant FedEx Corporation (NYSE:FDX) could provide a snapshot of the sector’s performance when it reports fourth-quarter financial results after the market closes on Tuesday. Here's a look at the earnings estimates, what experts are saying ahead of the report, and...

FedEx Corp (NYSE:FDX) could provide a look at how shipping demand is shaping up and ease analysts’ concerns about the macro environment when the company reports first-quarter financial results after market close Thursday. Earnings Estimates: Analysts expect FedEx to report first-quarter...

An earnings report from United Parcel Service (NYSE:UPS) is a key item to watch this week, according to market strategist Jay Woods, who spoke to Benzinga about the multiple companies reporting earnings. What Happened: Several large-cap companies will report earnings for the week, including two...

Logistics company FedEx Corporation (NYSE:FDX) reported fourth-quarter financial results after the market close Tuesday. Here are the key highlights for investors. What Happened: FedEx reported fourth-quarter revenue of $22.1 billion, which beat a Street consensus estimate of $22.06 billion,...

The escalation over the Red Sea continues to impact shipping for major companies and industries around the world after a U.S.-controlled tanker transporting oil Thursday morning was seized. What Happened: Continued attacks on shipping vessels in the Red Sea will impact one of the largest automotive...

Shipping and logistics company FedEx Corp (NYSE:FDX) is set to report second-quarter financial results after market close Tuesday, Dec. 19. Here's a look at the earnings estimates, what analysts are saying and key items for investors to watch. Earnings Estimates: FedEx is expected to report second-...

Shipping stocks are soaring Monday, led by a 56-percent gain by TOP SHIPS Inc (NASDAQ: TOPS). Here’s a look at what may be driving the big gains. What Happened The Trump Administration on Oct. 17 announced the U.S. would be withdrawing from the Universal Postal Union, a treaty among 192...

On a split adjusted basis, shares of Diana Containerships Inc (NASDAQ: DCIX) have lost 99.8 percent since the start of 2017. But the stock soared higher by more than 100 percent on Monday, repeating Friday's triple-digit percentage gain on no relevant news. Diana Containerships' stock at...

DryShips Inc. (NASDAQ: DRYS) is the nano-cap drybulk carrier and offshore supporter that gained notoriety in 2016 for a 1,500 percent run in mere weeks. However, its reputation is turning, as the stock has seen shares plummet 95 percent since the start of 2017, likely due to investors' increasing...

Shipping stocks were trading notably higher on Friday on minimal news. The only notable news release that would affect the group was a press release by Diana Shipping Inc. (NYSE: DSX), in which the global shipping company specializing in the ownership of dry bulk vessels entered into a time charter...

DryShips Inc. (NASDAQ: DRYS), a tiny nano-cap owner of drybulk carriers and offshore support vessels, made headlines shortly after the U.S. presidential election when the stock soared from under $5 per share to above $100 per share. Following a whopping 1,500 percent return in just a few days,...

Shipping companies have seen extreme volatility over the past few days on little to no news. But on Thursday, the group was able to dissect an earnings report from Diana Shipping Inc. (NYSE: DSX). Diana Shipping reported a third-quarter loss of $0.35 per share on revenue of $27.1 million. Wall...