Navios Maritime Partners L.P. Q3 2009 Earnings Call Transcript
Navios Maritime Partners L.P. (NMM) Q3 2009 Earnings Call Transcript October 29, 2009 8:00 am ETComplete Story » seekingalpha.com |
Geely Optimistic About Volvo Acquisition
Zacks.com submits: China-based Zhejiang Geely Holding Group is optimistic about its acquisition of Swedish brand Volvo from Ford Motor Co. (F). Geely is close to acquiring Volvo in early 2010, with strong support from the Chinese Government.Geely is eager to tap China's high-growth auto market by acquiring modern, innovative technologies from the Swedish brand to upgrade its car lineup. The automaker expects robust growth for China's auto industry in 2010. In this situation, upgrading the product lineup would no doubt land the automaker in a favorable market position.Complete Story » seekingalpha.com |
Will New Fuel Economy Standards Make Stop-Start Engine Technology Standard Equipment?
John Petersen submits: On April 1st the National Highway Traffic Safety Administration [NHTSA] and the Environmental Protection Agency [EPA] announced a joint final rule establishing fuel economy standards for all light duty vehicles sold in the United States. Since the existing standards don't apply to light trucks, I used vehicle sales forecasts from the Energy Information Administration's "Annual Energy Outlook 2010" to estimate a current baseline fuel economy of 19.6 mpg. The new rules will be phased in over a five-year period beginning with the 2012 Model Year and are certain to drive rapid evolution in the auto industry. The following table summarizes the new fuel economy standards: Model Year Passenger Cars (mpg) Light Trucks (mpg) Combined Fleet (mpg) 2010(1) 27.5 23.5 2011(1) 30.2 24.1 2012(2) 33.3 25.4 29.7 2013(2) 34.2 26.0 30.5 2014(2) 34.9 26.6 31.3 2015(2) 36.2 27.5 32.6 2016(2) 37.8 28.8 34.1 (1) Source: Wikipedia Corporate Average Fuel Economy (2) Source: NHTSA CAFE-GHG Fact SheetComplete Story » seekingalpha.com |
Modine Manufacturing Company F4Q10 (Qtr End 03/31/10) Earnings Call Transcript
Modine Manufacturing Company (MOD)F4Q10 (Qtr End 03/31/10) Earnings CallJune 3, 2010 11:00 am ETComplete Story » seekingalpha.com |
Transportation Sector Defies Slowdown ... for Now
Streetwise Blog submits: The global economic rebound has been anaemic, but it is providing just enough juice for growth in the transportation market. The International Air Transport Association predicts a $8.9 billion (U.S.) net profit in 2010 on the back of stronger demand and better yields. North American railway carload volumes have also risen 12% year-over-year in 2010. Canadian National Railway’s (CNI) volume is up 14% and Canadian Pacific Railway’s (CP) is up 9%.Complete Story » seekingalpha.com |