TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| The End of the Oil Age? Not Quite Michael Fitzsimmons submits:Kopin Tan recently wrote an article in Barron’s entitled “Get Ready for the Oil Age to End”. The article cites Paul Sankey’s opinion that electric and hybrid vehicles are game changers and the decline in U.S. gasoline demand as backing up the title’s claim. Further, the article states that competition from natural gas will also crimp oil demand. The overall tone of the article suggests that mankind is moving away from oil, and therefore the age of oil will be over sooner rather than later.Poppycock!Complete Story » seekingalpha.com |
Airbus Flies Past Boeing in 2009 Zacks.com submits: Boeing Company (BA) was summarily beaten by its traditional rival Airbus in fiscal 2009 in terms of commercial airplane delivery and order booking. Airbus delivered 498 airplanes in 2009 and recorded 271 net orders, compared to Boeing’s 481 commercial airplanes delivered and 142 net orders. Airbus estimates it won orders valued at a net $30.3 billion in fiscal 2009, or 54% of all worldwide orders for aircraft larger than 100 seats. Airbus has a backlog of 3,488 airplanes, valued at $437.1 billion, or six years worth of full production. In comparison Boeing has a backlog of 3,375 commercial airplane orders. Complete Story » seekingalpha.com |
Baltic Handysize Index Suggests Shipping Stocks Will Advance The Baltic Dry Index (BDI) has been mentioned in quite a few posts lately. After looking at the performance of the shipping index, we think it rates yet another mention. In the shipping sector, there are four dry bulk carrier classes ranging from the super large capesize class to the smaller handysize class. The BDI is made up of the largest of the four shipping classes (capesize, panamax, and supramax); the smallest class (again handysize) is not included.Complete Story » seekingalpha.com |
When Is a Railroad Not a Railroad? When It's a REIT Stockerblog submits: When reviewing some of the top yielding REIT's listed at WallStreetNewsNetwork.com, I came across an interesting stock, actually an interesting Real Estate Investment Trust. It is a railroad, Pittsburgh & West Virginia Railroad (PW), a debt free company founded in 1916 that pays a yield of 4.7%. The company owns and leases a 112 mile railroad which runs from eastern Ohio to western Pennsylvania. Earnings for the quarter ending year end were up 1%. However, quarterly earnings dropped at year end from 13 cents a share to 12 cents a share.Complete Story » seekingalpha.com |
Rail Freight Hits 2010 High The Pragmatic Capitalist submits: There’s little doubt about the strength in rail data. The numbers continue to come in at a very healthy level on a year over year basis. The latest reading from the AAR shows the highest levels in 2010. 2008 comps remain fairly weak across the board, however: The Association of American Railroads today reported that for the week ending July 31, 2010, U.S. railroads reported the highest traffic levels of 2010 for both carload and intermodal traffic. U.S. railroads originated 300,292 carloads for the week, up 9.4 percent compared with the same week in 2009, but down 10.6 percent from the same week in 2008. 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. Note that U.S. rail traffic fell sharply in fall 2008, when the financial crisis took hold.Intermodal traffic totaled 232,895 trailers and containers, up 20.2 percent from the same week in 2009, and up 0.9 percent compared with 2008. Compared with the same week in 2009, container volume increased 21.9 percent and trailer volume rose 11.7 percent. Compared with the same week in 2008, container volume increased 9 percent and trailer volume dropped 28.9 percent.Complete Story » seekingalpha.com |