Core Insights - Wabtec Corporation has completed the acquisition of Evident's Inspection Technologies division for $1.78 billion, enhancing its Digital Intelligence business and expanding its market reach [1][10]. Financial Details - The acquisition was financed through cash on hand, newly issued term notes, term loans, and short-term borrowing [2]. - The purchase price represents an estimated multiple of 12.0x projected 2025 EBITDA, adjusted for transaction costs, anticipated tax benefits, and projected cost synergies of $25 million [3]. Strategic Impact - The acquisition is expected to generate immediate shareholder value with a high single-digit revenue growth outlook and accretive adjusted earnings before interest and taxes margins [5]. - Wabtec's total addressable market is expected to double from nearly $8 billion to $16 billion, significantly enhancing growth opportunities [6]. Operational Enhancements - The deal strengthens Wabtec's product portfolio by integrating advanced automated inspection capabilities, enhancing predictive maintenance capabilities through advanced analytics, sensors, and AI technology [7]. - The acquisition aligns with Wabtec's long-term vision to lead in innovation within the rail, mining, and industrial sectors [4]. Market Performance - Wabtec currently holds a Zacks Rank 2 (Buy) and has seen its shares gain 10.4% year-to-date, outperforming the Zacks Transportation - Equipment and Leasing industry and the S&P 500 [8].

Group 1 - COSCO SHIPPING Holdings Co., Ltd. Unsponsored ADR (CICOY) is part of the Transportation sector, which includes 122 companies and ranks 4 in the Zacks Sector Rank [2] - CICOY currently holds a Zacks Rank of 2 (Buy), indicating a positive earnings outlook based on earnings estimates and revisions [3] - The Zacks Consensus Estimate for CICOY's full-year earnings has increased by 17.6% in the past quarter, reflecting improved analyst sentiment [4] Group 2 - CICOY has returned 7.7% year-to-date, outperforming the average loss of 3.7% in the Transportation group [4] - CICOY belongs to the Transportation - Shipping industry, which consists of 38 companies and ranks 31 in the Zacks Industry Rank; this industry has seen a loss of about 5.6% this year [6] - Another outperforming stock in the Transportation sector is Central Japan Railway Co. (CJPRY), which is up 19.7% year-to-date and has a Zacks Rank of 1 (Strong Buy) [5][7]

Investor Presentation NYSE: KEX May 2025 Forward Looking Statements Non-GAAP Financial Measures Statements contained in this presentation with respect to the future are forward-looking statements. These statements reflect management's reasonable judgment with respect to future events. Forward-looking statements involve risks and uncertainties. Actual results could differ materially from those anticipated as a result of various factors, including adverse economic conditions, industry competition and other co ...

Mexico’s highways are seeing a robbery attempt every 50 minutes. As cargo theft climbs, the pressure is mounting on President Claudia Sheinbaum’s government https://t.co/5h97rWWkir ...

In the latest close session, American Airlines (AAL) was up +2.67% at $11.52. This change outpaced the S&P 500's 0.11% loss on the day. On the other hand, the Dow registered a gain of 0.91%, and the technology-centric Nasdaq decreased by 0.82%. The world's largest airline's stock has dropped by 1.41% in the past month, falling short of the Transportation sector's gain of 2.26% and the S&P 500's gain of 5.17%.Analysts and investors alike will be keeping a close eye on the performance of American Airlines in ...

MONTERREY, Mexico, July 01, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today the closing of its divestiture, previously disclosed on October 10, 2024, of certain of its logistics operations doing business as Solistica, to Grupo Traxión, S.A.B. de C.V. (BMV: TRAXIONA), a leading transportation and logistics company based in Mexico. The transaction includes FEMSA’s transportation management operations in Mexico, ...

For those looking to find strong Transportation stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Knot Offshore (KNOP) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Transportation peers, we might be able to answer that question.Knot Offshore is one of 122 individual stocks in the Transportation sector. Collectively, these companies sit at #4 in the Zacks Sector Rank. The Zacks Sector Rank gau ...

New premium chauffeur service brings seamless, high-touch luxury to every leg of the journey DENVER, July 01, 2025 (GLOBE NEWSWIRE) -- Inspirato Incorporated (Nasdaq: ISPO), the premier luxury vacation club and property technology company, today announces a new partnership with Savoya, a global leader in premium ground transportation. The collaboration is designed to elevate the Inspirato experience from the moment members step out their front door, providing exclusive access to Savoya's network of elite ch ...

Acquisitions and Divestitures - Kinder Morgan acquired Northeast Transport & Storage Assets for $1225 million[8], with ~41 bcf of FERC-certificated storage capacity and ~3 bcfd of aggregate transportation pipeline capacity[11] - The company acquired Kinetrex Energy for $310 million[12], which includes 1 operational landfill-RNG facility with ~04 bcf capacity and expects 3 landfill-RNG facilities operational by 2022 end with total capacity of 35 bcf[17] Financial Performance and Projections - The company's 2021 forecast EBITDA is $79 billion[23] - The company has a $2 billion share buyback program with over $14 billion of program capacity remaining[23] - The company's 2021 expected Net Debt / Adjusted EBITDA is 40x[25] Market Position and Strategy - The company moves ~40% of US natural gas consumption & exports[19] - The company's stable cash flows are with ~72% take-or-pay or hedged earnings[26],[79] - The company has a $13 billion project backlog with ~64% allocated to natural gas projects[25],[83] Energy Transition and Renewables - The company's CO2 transport capacity is ~15 bcfd with ~1500 miles of CO2 pipelines[18] - The company handled nearly 260 mbbld of ethanol, biodiesel, & renewable diesel in 2020[69]

Company Overview - Joby Aviation, Inc. (JOBY) shares increased by 11.8% to $10.55 in the last trading session, with a notable trading volume, and have gained 20.7% over the past four weeks [1][2] - The company has completed a series of test flights in Dubai, aiming to revolutionize travel and reduce traffic congestion in the region [2] Financial Performance - Joby Aviation is expected to report a quarterly loss of $0.19 per share, reflecting a year-over-year decline of 5.6% [2] - Revenue for the upcoming quarter is projected to be $0.05 million, which is a significant increase of 66.7% compared to the same quarter last year [2] Earnings Estimates and Stock Performance - The consensus EPS estimate for Joby Aviation has remained unchanged over the last 30 days, indicating a lack of earnings estimate revisions [4] - Historical data suggests that stock prices typically do not continue to rise without trends in earnings estimate revisions, highlighting the importance of monitoring JOBY's future performance [3][4] Industry Context - Joby Aviation is part of the Zacks Transportation - Airline industry, which includes other companies like Surf Air Mobility Inc. (SRFM) [5] - Surf Air Mobility Inc. shares rose by 12.8% to $3.69, with a 40.3% return over the past month, and it currently holds a Zacks Rank of 2 (Buy) [5][6]