| Airline Industry Q3 Summary: And Then There Was Light Robert Herbst submits:Airline Industry 3rd Quarter Summary- Finally there appears to be sun light piercing through several recent months of storm clouds for the airline industry.Complete Story » seekingalpha.com |
Toyota’s Stuck Accelerators Cause Investors to Slam on the Brakes Ockham Research submits: “We also have the bombshell recall for Toyota that people are talking about this morning. Toyota stopping sales and production for eight models, the cars being recalled because of this sudden unintended acceleration problem as they describe it…” — Fox Business Network 1/27/2010 Complete Story » seekingalpha.com |
Newly-Formed Alma Shipping Set for IPO SA Editor Mohit Manghnani submits:Alma Maritime Limited (AAM), an international shipping company, is expected to price its IPO this week. Business Overview (from prospectus)Complete Story » seekingalpha.com |
Rail Freight Container Volumes Hit Sixth Highest Level Ever The Pragmatic Capitalist submits: Either rails have become a lagging indicator or there is no recession in rail traffic. This week’s data is VERY strong (via AAR): The Association of American Railroads today reported that rail traffic for the week ending July 3, 2010 topped comparison weeks from both 2008 and 2009. Carloads were up 18.8 percent, at 286,777 cars, from the comparable week in 2009 and up 0.4 percent from the same week in 2008. Comparison weeks in both 2009 and 2008 included the July 4th holiday. In order to offer a complete picture of the progress in rail traffic, AAR reports 2010 weekly rail traffic with comparison weeks in both 2009 and 2008.Intermodal traffic totaled 231,286 trailers and containers, the highest since week 42 of 2008. Volume was up 36.6 percent from a year ago and 19.1 percent from 2008. Container volume of 197,134 was the sixth highest week ever and the highest since week 39 of 2007. Compared with the same week in 2009, container volume gained 39.8 percent and trailer volume rose 20.9 percent. Compared with the same week in 2008, container volume increased 30.8 percent and trailer volume fell 21.3 percent.Complete Story » seekingalpha.com |
Rail Traffic Hits Another Yearly High Todd Sullivan submits: Still surging… Last week 675.7k railcars shipped, an increase of 1200 over the prior week and the second highest total of the year (set 4 weeks ago) bringing the 4 week average to yet another yearly high. Further, Canadian/Mexican traffic dipped slightly for the week meaning there was even more strength in the US numbers that what the 1200 railcar gain would indicate (click to enlarge).Complete Story » seekingalpha.com |