TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| United Airlines: September Traffic Down Zacks.com submits: Wednesday, United Airlines, a wholly owned subsidiary of UAL Corp. (UAUA) announced preliminary mainline traffic results for September. The company reported mainline passenger load factor of 81.2%. Total scheduled mainline revenue passenger miles (RPMs) decreased 1.1% on a capacity decrease of 3.7% in scheduled mainline available seat miles (ASMs) compared with the same period in 2008. The airline has been threatened by volatile oil prices, increased competition, increasing maintenance expenses and a disgruntled workforce. During the second quarter, the company initiated a fleet modernization review to replace its older fleet types. This process could present a unique opportunity for the company to improve its cost structure and fleet strategy.Complete Story » seekingalpha.com |
Auto Sales: Another V-Shaped Recovery Calafia Beach Pundit submits: Just by eyeballing this chart you can see that there has been a huge rebound in auto sales since they hit bottom last February. Sales had fallen so far for so long that "pent-up demand" almost had to show up at some point. The catalyst for the sales upturn was not the "cash for clunkers" program, it was simply a) time, which heals all wounds, even the economic ones, and b) a return of consumer confidence driven by the growing realization that the world was not coming to an end as so many had thought at the end of last year.Complete Story » seekingalpha.com |
Does Burlington Northern Belong in Berkshire’s Utility Segment? Ravi Nagarajan submits:The Burlington Northern Santa Fe acquisition was the largest in Berkshire Hathaway’s (BRK.A) history, and many shareholders naturally assumed that Berkshire would create a new “Railroad” operating segment for financial reporting purposes. It came as somewhat of a surprise to learn that BNSF would be incorporated into Berkshire’s existing "Regulated Utilities" segment.Certain followers of developments at Berkshire, such as Alice Schroeder, have criticized the decision due to concerns over reduced transparency. While there may be some overlap between the nature of business at a regulated utility and a railroad, does combining these two very different operations make sense?Complete Story » seekingalpha.com |
Copart: Salvage Auto Business Fuels Continuous EPS Growth George Fisher submits: Copart (CPRT - $35.97) is the leading automobile auctioneer in the US, selling over one million cars a year. CPRT provides services for the processing and salvage of damaged vehicles, mainly for insurance companies. Using the internet and physical on-site storage services, Copart’s salvage buyers are licensed dismantlers, rebuilders and used car dealers. CPRT has operations in the US, Canada and England.Ever wonder what happens to that shiny, brand new car you total on the way home from the auto dealer? The insurance company pays your claim and “disposes” of the car. The insurance company contacts Copart and they auction the car off to the highest bidder, retaining a percentage of the revenues as a fee. In addition to damaged cars, CPRT also provides used car auction services to banks, repossessers, and auto dealersComplete Story » seekingalpha.com |
Volkswagen AG H1 2010 (January-June) Earnings Call Transcript Volkswagen AG (VLKAF.PK) H1 2010 (January-June) Earnings Call July 29, 2010 2:00 pm ETComplete Story » seekingalpha.com |