Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices traded up today with the

Dow Jones Industrial Average

(

^DJI

) trading up 263 points (1.6%) at 16,380 as of Friday, Oct. 17, 2014, 4:20 PM ET. The NYSE advances/declines ratio sits at 2,043 issues advancing vs. 1,068 declining with 100 unchanged.

The Transportation industry as a whole closed the day up 0.8% versus the S&P 500, which was up 1.3%. Top gainers within the Transportation industry included

Kelso Technologies

(

KIQ

), up 3.7%,

Air T

(

AIRT

), up 1.6%,

Box Ships

(

TEU

), up 9.7%,

ModusLink Global Solutions

(

MLNK

), up 2.7% and

Controladora Vuela Compania de Aviacion SAB

(

VLRS

), up 2.3%.

TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today:

Controladora Vuela Compania de Aviacion SAB

(

VLRS

) is one of the companies that pushed the Transportation industry higher today. Controladora Vuela Compania de Aviacion SAB was up $0.17 (2.3%) to $7.44 on light volume. Throughout the day, 23,213 shares of Controladora Vuela Compania de Aviacion SAB exchanged hands as compared to its average daily volume of 83,600 shares. The stock ranged in a price between $7.31-$7.48 after having opened the day at $7.31 as compared to the previous trading day's close of $7.27.

Controladora Vuela Compania de Aviacion SAB has a market cap of $755.9 million and is part of the services sector. Shares are down 46.4% year-to-date as of the close of trading on Thursday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

At the close,

Box Ships

(

TEU

) was up $0.11 (9.7%) to $1.25 on average volume. Throughout the day, 163,163 shares of Box Ships exchanged hands as compared to its average daily volume of 169,900 shares. The stock ranged in a price between $1.10-$1.30 after having opened the day at $1.17 as compared to the previous trading day's close of $1.14.

Box Ships Inc., a shipping company, is engaged in the seaborne transportation of containers worldwide. As of December 31, 2013, it had a fleet of 9 containerships with a total capacity of approximately 43,925 twenty-foot equivalent units. Box Ships has a market cap of $28.1 million and is part of the services sector. Shares are down 65.3% year-to-date as of the close of trading on Thursday. Currently there are no analysts who rate Box Ships a buy, 2 analysts rate it a sell, and none rate it a hold.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreet Ratings rates Box Ships as a

hold

. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.

Highlights from TheStreet Ratings analysis on TEU go as follows:

  • The gross profit margin for BOX SHIPS INC is rather high; currently it is at 62.90%. Regardless of TEU's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, the net profit margin of 5.24% trails the industry average.
  • The revenue fell significantly faster than the industry average of 10.9%. Since the same quarter one year prior, revenues fell by 27.3%. The declining revenue appears to have seeped down to the company's bottom line, decreasing earnings per share.
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Marine industry and the overall market on the basis of return on equity, BOX SHIPS INC underperformed against that of the industry average and is significantly less than that of the S&P 500.
  • Net operating cash flow has decreased to $5.49 million or 44.31% when compared to the same quarter last year. In addition, when comparing the cash generation rate to the industry average, the firm's growth is significantly lower.

You can view the full analysis from the report here:

Box Ships Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Air T

(

AIRT

) was another company that pushed the Transportation industry higher today. Air T was up $0.21 (1.6%) to $12.92 on light volume. Throughout the day, 4,083 shares of Air T exchanged hands as compared to its average daily volume of 13,600 shares. The stock ranged in a price between $12.71-$13.09 after having opened the day at $12.71 as compared to the previous trading day's close of $12.71.

Air T, Inc., through its subsidiaries, provides overnight air cargo, ground equipment sales, and ground support services in the United States and internationally. Air T has a market cap of $29.6 million and is part of the services sector. Shares are up 6.2% year-to-date as of the close of trading on Thursday. Currently there are no analysts who rate Air T a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates

Air T

as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

Highlights from TheStreet Ratings analysis on AIRT go as follows:

  • Despite its growing revenue, the company underperformed as compared with the industry average of 5.6%. Since the same quarter one year prior, revenues slightly increased by 2.3%. This growth in revenue does not appear to have trickled down to the company's bottom line, displayed by a decline in earnings per share.
  • AIRT's debt-to-equity ratio is very low at 0.03 and is currently below that of the industry average, implying that there has been very successful management of debt levels. To add to this, AIRT has a quick ratio of 1.83, which demonstrates the ability of the company to cover short-term liquidity needs.
  • Compared to where it was a year ago today, the stock is now trading at a higher level, regardless of the company's weak earnings results. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. In comparison to the other companies in the Air Freight & Logistics industry and the overall market, AIR T INC's return on equity is significantly below that of the industry average and is below that of the S&P 500.
  • The gross profit margin for AIR T INC is rather low; currently it is at 15.43%. It has decreased from the same quarter the previous year. Along with this, the net profit margin of 0.33% trails that of the industry average.

You can view the full analysis from the report here:

Air T Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.