TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Rising Car Sales Are Another 'V' Sign for the Economy Calafia Beach Pundit submits: Several months have passed since the Cash for Clunkers program caused a temporary surge in sales, which was then followed by a slump. The dust has settled, and what we now see is that car sales have jumped 20% since hitting a low last February. We see the same pattern in the Manheim index of used car prices, which has risen 20% since last December's low. These sure look like genuine, V-shaped recoveries to me.Complete Story » seekingalpha.com |
Hedge Fund Plural Investments Likes Railroads and Healthcare Market Folly submits:(This post is part of our series on tracking hedge fund portfolios. If you're unfamiliar with tracking investments they disclose via SEC filings, check out our series preface on hedge fund 13F filings.)This is the first we've covered Matthew Grossman's hedge fund Plural Investments so here's some background. Grossman founded Plural Investments in 2008 with $900 million after previously serving as the Chief Investment Officer of CR Intrinsic (of Steven Cohen's SAC Capital). Prior to that, Grossman was an energy analyst with Julian Robertson's Tiger Management. Needless to say, he has quite the resume when it comes to prominent fund managers.Complete Story » seekingalpha.com |
Greek Crisis Not Affecting Shipping Index Calafia Beach Pundit submits: Shipping activity continues to impress on the upside. TheHarpex indexof shipping costs (an index which focuses exclusively on container ships and is thus largely independent of the commodities market) is now up 45% from its all-time lows of late last year. How can concerns over a possible Greek default manage to derail the strong global economic momentum reflected in this index? I think the market is just suffering from another case of the heebie-jeebies.Complete Story » seekingalpha.com |
Lessons From the Icelandic Volcano Eruption While airlines may have to cover some costs, in general, travelers should rely on their own wits if ever caught up in a travel meltdown. travel.nytimes.com |
China’s Growth Leads to Problems Down the Road A nation on a building binge has plans to unclog the highways, but it may take years. nytimes.com |