Ticker name:AIRTAIR T INC
Country: US-Sector: Industrials, Industry: Integrated Freight & Logistics
Air T, Inc. operates as a diversified company, offering an array of services across the United States and globally. Its primary business activities encompass rapid air cargo transportation, the manufacturing and sale of specialized ground support equipment, comprehensive solutions for commercial aircraft, engines, and parts, and services for printing equipment maintenance. The company's Overnight Air Cargo division specializes in expedited air freight delivery. As of March 31, 2022, this segment utilized a fleet of 72 aircraft, which were dry-leased for operations with FedEx. Through its Ground Equipment Sales segment, Air T, Inc. designs, produces, distributes, and maintains various types of specialized machinery. This includes aircraft de-icing units, elevated work platforms (scissor lifts), decontamination systems for both military and civilian use, flight-line tow tractors, and glycol recovery vehicles, among other unique equipment. Its broad customer base includes passenger and cargo airlines, ground handling companies, the United States Air Force, airport authorities, and industrial enterprises. The Commercial Aircraft, Engines and Parts segment provides an exhaustive suite of services related to commercial aviation assets. These offerings span commercial aircraft trading, leasing arrangements, and extensive parts solutions. Specific services include aircraft storage, maintenance during storage periods, and aircraft disassembly for component recovery (part-out services). Furthermore, this segment handles the sale, exchange, procurement, consignment programs, and overhaul/repair of aircraft components. Its expertise extends to instrumentation, avionics, and a variety of electrical accessories suitable for civilian, military transport, regional/commuter, business/commercial jet, and turboprop aircraft. The division also specializes in composite aircraft structures, providing both repair and support services for them. Air T, Inc. was established in 1980 and is headquartered in Denver, North Carolina.
- CEO: Nicholas John Swenson
- IPO: Apr 24, 1984
- Website:airt.net (open a new tab)
Market Cap 72M
Last close 26.6$
Key metrics
Largest 20 companies In Integrated Freight & Logistics
| # Position | Ticker | Company Name | Market Cap | Last Price | Action |
|---|---|---|---|---|---|
| 1 | UPS | UNITED PARCEL SERVICE INC | 96B | 113.15$ | |
| 2 | FDX | FEDEX CORP | 73B | 306.22$ | |
| 3 | JBHT | HUNT J B TRANSPORT SERVICES INC | 27B | 290.61$ | |
| 4 | XPO | XPO, Inc. | 25B | 210.61$ | |
| 5 | CHRW | C. H. ROBINSON WORLDWIDE, INC. | 24B | 205.8$ | |
| 6 | EXPD | EXPEDITORS INTERNATIONAL OF WASHINGTON INC | 23B | 177.37$ | |
| 7 | FDXF | FedEx Freight Holding Company, Inc. | 18B | 150.14$ | |
| 8 | LSTR | LANDSTAR SYSTEM INC | 7.2B | 211.17$ | |
| 9 | GXO | GXO Logistics, Inc. | 6.1B | 52.8$ | |
| 10 | HUBG | Hub Group, Inc. | 3.1B | 50.32$ | |
| 11 | PBI | PITNEY BOWES INC /DE/ | 2.5B | 18.51$ | |
| 12 | CYRX | Cryoport, Inc. | 792M | 15.71$ | |
| 13 | FWRD | FORWARD AIR CORP | 417M | 13.2$ | |
| 14 | RLGT | RADIANT LOGISTICS, INC | 414M | 8.85$ | |
| 15 | PAL | Proficient Auto Logistics, Inc | 196M | 7.04$ | |
| 16 | AIRT | AIR T INC | 72M | 26.6$ | |
| 17 | SFWL | SHENGFENG DEVELOPMENT Ltd | 66M | 0.8$ | |
| 18 | CRGO | Freightos Ltd | 63M | 1.21$ | |
| 19 | NCEW | New Century Logistics (BVI) Ltd | 54M | 17$ | |
| 20 | PSIG | PS International Group Ltd. | 18M | 1.2$ |