TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Korean Automakers Profit from Cash for Clunkers Research Recap submits: Cash for Clunkers a Trojan Horse for Lesser Known Brands Korea’s Hyundai (HYMLF.PK) and its sibling Kia Motors recently reported strong results, driven in part by the US cash for clunkers and other car scrappage schemes. Hyundai reported record profits on Oct 22, while Kia said Friday it swung to a third-quarter profit from losses in the year-earlier period, earning rating upgrades from Credit Suisse to neutral from underperform, and from Macquarie Research to outperform from underperform.Complete Story » seekingalpha.com |
Saia Inc. Q4 2009 Earnings Call Transcript Saia Inc. (SAIA)Q4 2009 Earnings CallJanuary 29, 2010 11:00 am ETComplete Story » seekingalpha.com |
Ford Finds a Buyer for Volvo: Putting Some Color Back in the Blue Oval Wall Street Strategies submits:By David SilverOver the weekend, Ford (F) and Zhejiang Geely Holding Group Co. agreed to terms that would shed the Dearborn, Mich. company of its struggling Volvo (VOLVY.PK) brand and would propel the Chinese automaker onto the world stage. The Volvo experiment was a big money loser for Ford, acquiring the brand in 1999 for $6.45 billion amid a flurry of mergers and acquisitions in the auto industry. Complete Story » seekingalpha.com |
Trade Picture Continues to Look Bright Calafia Beach Pundit submits: I'm on the river in Aswan, Egypt, on a mini ocean liner; tomorrow we set off down the Nile to visit various interesting things. We had a wonderful dinner tonight that seemed right out of a movie. Plus, I just discovered they have WiFi! So I thought I would make a quick post, seeing as it's after dinner and we had a big day. It's been wonderful, but also VERY hot.US exports are growing nicely, and imports are doing even better. Double-digit growth in both means all sorts of good things are happening. Strong growth in exports, as has been presaged for a long time by outbound container exports, means that exports are adding to the growth picture in the U.S. Even stronger growth in imports means that demand has U.S. consumer demand has rebounded nicely, and it also means that foreign manufacturers are benefiting. Eventually, what is good for overseas exporters is good for overseas demand for U.S. goods and services, so this is just a good old-fashioned virtuous cycle.Complete Story » seekingalpha.com |
Maybe the 787 Isn’t Boeing’s Biggest Problem YCHARTS.com submits: Boeing (BA) delayed the delivery of its first 787 Dreamliner yet again last week (Aug. 27), to first-quarter 2011, meaning the ambitious effort to build a fuel-efficient new wide body plane is more than two years behind schedule. The plane was by now supposed to be boosting Boeing sales, but instead revenue was down 9% year over year. BA Stock ChartComplete Story » seekingalpha.com |