TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Genuine Parts Co. Q1 2009 Earnings Call Transcript Genuine Parts Co. (GPC)Q1 2009 Earnings CallApril 16, 2009 11:00 am ETComplete Story » seekingalpha.com |
Auto MPG: The Economics of CAFE The Baseline Scenario submits: By James KwakCAFE stands for Corporate Average Fuel Economy – the average fuel efficiency that is calculated annually for every manufacturer that sells cars or light trucks in the U.S. and compared to standards set by the National Highway Traffic Safety Administration, part of the Department of Transportation. (If you want to know more about how CAFE is measured, see the Appendix to this post.) Tuesday, President Obama proposed new, higher CAFE standards for models years up through 2016, by which point aggregate efficiency should reach 35.5 miles per gallon.Complete Story » seekingalpha.com |
UAL Corp. Q2 2009 Earnings Call Transcript UAL Corp. (UAUA)Q2 2009 Earnings CallJuly 21, 2009 2:00 pm ETComplete Story » seekingalpha.com |
Clunkers Program Fuels August Auto Sales Marketing Charts submits: New-vehicle retail sales in August are forecasted to cross the one-million-unit mark for the first time in the past 12 months, boosted by the government-funded Car Allowance Rebate System (CARS) program (better known as “Cash for Clunkers”), according to J.D. Power and Associates. Complete Story » seekingalpha.com |
Rally Boosts Shipping Firms Andy Wang submits: We had a big day for shipping firms today in the stock market, with SEA (Claymore-Delta Global Shipping ETF) moving up over 3%, and some shipping companies posting gigantic advances: EGLE up 16%, OCNF up 15%, GNK up 15%. So what is the real reason for the sudden optimism in this beaten-down, depressed and desolate market sector?Most traders will probably point to the Baltic Dry Index (.BDI), which has been up about 10 days in a row, as the cause. Now it is over 3700. The market considers 4000 to be a portent of the recovery of shipping rates, leading to bigger profits. The yearly high is only a bit more, near 4200. This means that rates for new contracts have almost doubled in the past couple of months. The BDI explains a lot, especially the rate at which speculator money flows into the dry bulk names, but it is as much a symptom here as the stock prices are.Complete Story » seekingalpha.com |