TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Toyota Posts First Profit in Months, Lifts Sales Projections TheCarConnection.com submits: Detroit's Big Three may have grabbed most of this week's headlines, but that doesn't mean that the rest of the world's automakers have been sitting on their hands. One story that isn't getting much play is the fact that Toyota Motor Company (TM) -- which posted its first-ever loss last fiscal year -- returned to profitability last quarter.Although the company's financials weren't quite as impressive as those Ford (F) released on Monday, the ¥21.8 billion ($242 million) profit Toyota realized in July, August, and September 2009 marks a welcome break from the losses Toyota posted in the three previous quarters. Of course, that ¥21.8 billion figure pales in comparison to the ¥139.8 billion profit Toyota racked up during the same quarter of 2008, but it does imply that the company is on the mend.Complete Story » seekingalpha.com |
British Airways to Buy Sustainable Jet Fuel Made From London Trash British Airways (BAIRY.PK), in partnership with the US company Solena Group, announced plans to establish Europe's first sustainable jet-fuel plant and plans to use the low-carbon fuel to power part of its fleet from 2014.The new fuel will be derived from waste biomass destined for London landfills.Complete Story » seekingalpha.com |
Airline Stocks and ETF Continue to Fly High: Will It Stick? Tom Lydon submits: Airline stocks and their related ETF recently touched 52-week highs, having been swept up with the broader market rally. But does the airline industry have the fundamentals to continue earning for investors?According to Glenn Curtis of Investopedia, there are some concerns looking into the future of the airline industry. Higher fuel prices will pinch margins and lead to increased ticket prices while continued high unemployment, rising interest rates and higher taxes will all reduce the amount of discretionary income.Complete Story » seekingalpha.com |
Asbury Automotive Group, Inc. Q2 2010 Earnings Call Transcript Asbury Automotive Group, Inc. (ABG)Q2 2010 Earnings Conference CallJuly 27, 2010 10:00 AM ETComplete Story » seekingalpha.com |
Cubic Corporation: Time to Get on the Bus? Steve Alexander submits:Cubic Corporation (CUB) is well positioned to benefit from several general trends. The firm has two distinct lines of business. The first is providing military products and services, particularly in the areas of training and communications. The second is developing, installing, and in many cases operating the fare collection systems of local, municipal, and regional mass transit systems for 40 major markets on 5 continents. While defense offerings account for about 70% of revenue, operating profits are split almost 50/50 between defense and mass transit.The firm's offerings fit well with some established general trends across the world. The US military has been undergoing a transformation from a Cold War-style, large scale fighting force to a more nimble, efficient force capable of effectively operating in a number of environments. Cubic offers both training services as well as virtual training simulators, both of which directly address important needs of this transformation. Additionally, communications and information systems has become ever more necessary for internal coordination and surveillance of enemy forces. In the most recent quarter, Cubic's training systems and communications division posted year-over-year revenue gains of 51% and 45%, respectively.Complete Story » seekingalpha.com |