TOP 100 TRANSPORTATION AND LOGISTICS SITES
| |||
|
| |||
| |||
|
| |||
| U.S. Auto Sector Seems to Be Bottoming FP Trading Desk submits: The inventory correction may have gone far enough. The sharper 6.1% contraction in U.S. GDP in the fourth quarter of 2008 was far higher than expected, but actually raises the prospects for recovery later this year. Industry de-stocking will eventually lead to a production rebound and a rise in economic output that could benefit the beleaguered auto sector.Falling demand in the U.S. has been met with an even bigger collapse in production leading to a rundown in stocks to the tune of $104-billion in the first quarter of 2008 and accounting for nearly half of the decline in output. Despite the lean inventory situation, the inventory-to-sales ratio declined steadily between June 2008 and February 2009 before falling slightly in March.Complete Story » seekingalpha.com |
Susan Helper: The Hidden Risk in Losing GM Tom Lindmark submits:This is an interesting article from Susan Helper, an economist at Case Western Reserve University. It appeared in the WSJ Real Time Economics blog. I’m not sure whether Ms. Helper is making a case for [[GM]] and its prospects for survival or suggesting they are difficult at best but she does raise some interesting points regarding the complexity of automobile manufacturing. She points out that one of GM’s chronic problems has been its inability to manufacture cars that the public wants to buy. She puts this down to a lack of capability and questions whether all of the cost cutting is going to further erode it. It’s a question she leaves unanswered but the rest of the article gives one something to think about.Complete Story » seekingalpha.com |
TRW Automotive Holdings Corp. Q2 2009 Earnings Call Transcript TRW Automotive Holdings Corp. (TRW)Q2 2009 Earnings CallAugust 4, 2009; 8:00 am ETComplete Story » seekingalpha.com |
GM's New Chevy Caprice Police Car to Join Precincts Across the Country TheCarConnection.com submits: By Viknesh VijayenthiranAn all-new Chevrolet Caprice Police Patrol Vehicle (PPV) will join the ranks of law enforcement departments across North America in 2011. General Motors (GMGMQ.PK) confirmed the news Monday at the annual International Association of Chiefs of Police convention, in Denver, Colorado.Complete Story » seekingalpha.com |
FedEx Reports Jump in Package Deliveries The Good News Economist submits: FedEx (FDX) reported Thursday that it shipped 1,000,000 more packages than expected on Monday -- which it anticipates will be its peak shipping day this holiday. The firm reported that this year's busiest day is up 17% from its busiest day last year.FedEx CEO, Fred Smith further observed that their business has now observed a significant "turning point," and that the company will resume some normal human resources benefits that it had suspended for employees in 2009.Complete Story » seekingalpha.com |