TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| The Real Reason the Big Three Are Failing Ryan Avent submits: Dani Rodrik features a guest post by Robert Lawrence today, who tells me something I didn’t know: Although we call the big three automobile companies they have basically specialized in building trucks. This left them utterly unable to respond when high gas prices shifted the market towards hybrids and more fuel efficient cars.Complete Story » seekingalpha.com |
Business Jet Market Showing Signs of Stabilization FP Trading Desk submits: The number of business jets available for sale on the market appears to have stabilized over the past two months, albeit at record high levels, according to David Strauss, UBS analyst.He estimates 3,057 business jets were available for sale at the end of May – 2,878 used and 179 new aircraft - roughly in line with the previous month.Complete Story » seekingalpha.com |
Latest on Hybrids: Toyota Yaris for U.S. TheCarConnection.com submits: By Viknesh VijayenthiranHonda (HMC) has confirmed that it will build a hybrid version of its Fit subcompact next year, so it's only fit (excuse the pun) that Toyota (TM) launches its own gasoline-electric version of its own Yaris. According to latest reports coming out of Japan, Toyota plans to launch a new hybrid model that is cheaper and more fuel efficient than the Toyota Prius, and it could be on sale as early as 2011.Complete Story » seekingalpha.com |
RailAmerica Begins Trading Zacks.com submits: Following the closure of its initial public offering (IPO), RailAmerica (RA) has started trading under the ticker symbol “RA” on New York Stock Exchange since Tuesday. RailAmerica, which filed for IPO in late July, had offered 10.5 million primary shares and 11.5 million secondary shares priced at $15 per share last week. It had expected them to price for between $16 and $18. The company intends to use the proceeds of $144 million from issuing 10.5 million primary shares for paying off debt and other corporate purposes.Complete Story » seekingalpha.com |
Rail Data: Trends Positive, Recovery Weak The Pragmatic Capitalist submits: The most recent rail freight data continues to reflect the positive upward trend in economic growth, however, yeah over year growth remains mixed. Total carloads were down 1.5% year over year and down 17.9% compared to 2007. Intermodal traffic was up 1.8% year over year, but down 7.9% versus 2007. The breadth continues to strengthen as 13 of the 19 commodity groups now show year over year growth. Grains, chemicals and metals continue to lead the pack with double digit year of year expansion. The data continues to reflect a weak recovery, but the trend is positive for now and equity markets have remained robust as the rail data troughed and turned higher.Complete Story » seekingalpha.com |