TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Panasonic Set to Make Batteries for Tesla’s Model S Greentech Media submits: By Michael Kanellos and Ucilia Wang Panasonic (PC) is set to supply batteries to Tesla Motor for its Model S, according to sources close to the Japanese electronics maker.Complete Story » seekingalpha.com |
Navistar Beats Fourth Quarter Earnings on Stronger Truck Sales Zacks.com submits: Navistar International Corporation (NAV) showed a profit of $128 million or $1.77 per share, before special items, for the fourth quarter of fiscal 2009 ended Oct 31, 2009. With this, the truck maker exceeded the Zacks Consensus Estimate of $1.53 per share. The company has also fared well compared to the year-ago profit of $42 million or 56 cents per share, before special items. Navistar credited the improvement in profit to the recouped commercial truck volume and sustained military sales. Nevertheless, total sales of $3.3 billion during the quarter were lower than the year-ago level by 15%. Complete Story » seekingalpha.com |
Solid Quarter for Federal-Mogul: Full Speed Ahead Zacks.com submits: Federal-Mogul Corporation (FDML) has revealed a profit of $46 million or 43 cents per share in the fourth quarter of 2009, in stark contrast to a loss of $532 million or $5.36 per share in the year-ago quarter. The profit also significantly increased from the Zacks Consensus Estimate of 14 cents per share. The improvement was attributable to higher sales and effective restructuring and cost reduction initiatives.Complete Story » seekingalpha.com |
U.S. Energy Policy: Driven by Transport System Not Powergrid Network Gregor Macdonald submits: There is a rather antiquated belief that the oil and gas industry drives US energy policy. This is usually framed in people’s minds as a pleading oil and gas lobbyist making sure that the US stays hooked on oil. While this image may be accurate with regards to the US coal industry, which does indeed have heavy influence on Congress and policy, it’s much less the case with oil and gas. And here’s why: The US automobile industry and the US highway construction industry performs all the heavy lifting one could require, to ensure that US primary energy usage stays overweighted to liquid fuel consumption. These two industries dwarf any other influence on US energy policy through their widespread distribution throughout 50 US states, and Congress. Complete Story » seekingalpha.com |
American Commercial Lines Inc. Q2 2010 Earnings Call Transcript American Commercial Lines Inc. (ACLI)Q2 2010 Earnings Call July 29, 2010 10:00 am ETComplete Story » seekingalpha.com |