TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Behind Buffett's Rail Bet The scales are tipping away from America's highways. Here's why. forbes.com |
Genuine Parts Company Q4 2009 Earnings Call Transcript Genuine Parts Company (GPC)Q4 2009 Earnings CallFebruary 16, 2010 11:00 am ETComplete Story » seekingalpha.com |
Dark Cloud Over Europe: Time to Short Airlines David White submits:A dark cloud hangs over Europe, but you can profit from it. Airlines were over bought before the Eyjafjallajokull volcano started erupting. They have been a hot sector as fiscal statistics have been on the upswing. Now they may be just over inflated junk. Many of the big ones have not been profitable in the last two years: UAUA, AMR, and CAL. They are hugely indebted. UAUA, AMR, and CAL have debt to capital ratios (MRQ) of 149.04%, 142.51%, and 91.39% respectively. With the problems the volcano ash is causing in Europe these ratios will go up -- ugh. Preliminary estimates say this is costing the airline industry $200M/day. UAUA, AMR, and CAL all have significant European routes. Most of those have been shut down by the volcanic ash from Eyjafjallajokull. Some may think this is just a one time event. They may think that it will not have any lasting effect on the airlines. They have neglected to study their history. When Eyjafjallajokull last erupted in 1821, the eruptions went on for a year. They could well do the same this year. The earthquake activity recently would tend to support the idea that this is an “active” year for seismic events. At the very least we are in for 3+ months of “fear” from the consumer (of air travel to Europe). This may ruin the travel season. Who wants to go breathe noxious air in Europe? Who wants to see famous gardens that are now coated with ash? The ash may cause business travelers to rethink their plans. Why pay for those hefty business class tickets when you can use video conferencing without risking noxious air or a possible crash? Too many will think this way.Complete Story » seekingalpha.com |
Hexcel Corporation Q2 2010 Earnings Call Transcript Hexcel Corporation (HXL)Q2 2010 Earnings CallJuly 27, 2010 10:00 am ETComplete Story » seekingalpha.com |
Why Detroit's Cars Are Outshining Japan's Rick Newman submits:It's cute. Fun. Green, even. Honda's (HMC) new CR-Z is the first hybrid sports car to hit America, with frisky handling, modish looks, and mileage in the mid-30s. In a market cluttered with me-too imitators, it's a genuine original. But get out your camera if you spot one: They're likely to be scarce on American roads. Even though it's derived from Honda's popular Fit subcompact, the CR-Z is an innovation without much of a market. Since it's a two-seater, the CR-Z will only appeal to singletons or families with at least one other car. It has less power than competing sports cars and gets lower mileage than other hybrids, prompting some critics to wonder, what's the point? The CR-Z is not a bad car. But there's something missing here — it lacks a certain Honda joy." For Honda, such faint praise is a damning indictment.Complete Story » seekingalpha.com |