TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Rail Data: Good Graphics Paul Kedrosky submits: Nice look at the latest North American railroad traffic data. Definitely seeing continuing signs of stabilization, albeit at materially lower levels (click charts to enlarge): Complete Story » seekingalpha.com |
Fuel Systems Solutions Conceptualizes a Better Energy Policy Michael Fitzsimmons submits:A "Cash for Clunkers" bill is working its way through Congress. The basic points of the bill are:Rationale: stimulate new vehicle sales to help employment and the US government investments in GM (GMGMQ.PK) and Chrysler.Buyers can get a federal voucher for up to $4,500 by trading in their vehicle for one getting better gas mileage.Estimates predict 1 million cars could be traded in. That means the total price tag could be $4 billion dollars. This money will come from the Department of Energy funding in the already enacted in the $787 billion economic stimulus package.To qualify, you must trade in any car that has been registered for at least 1 year and gets a federal combined fuel rating of 18 mpg or less.The new car ($45k or less) must be rated at least 4 mpg better than the old to get you a $3,500 voucher. 10 mpg better wil get you the full $4,500.For trucks or SUV's, you only need to get 2 mpg better for $3,500 or 5 mpg better for $4,500.The bill is currently in House committee and is supported by Obama. Senators from both parties are preparing to co-sponsor similar legislation.Complete Story » seekingalpha.com |
Rockwell Collins, Inc. F3Q09 (Qtr End 06/30/09) Earnings Call Transcript Rockwell Collins, Inc. (COL)F3Q09 (Qtr End 06/30/09) Earnings Call TranscriptJuly 30, 2009 9:00 am ETComplete Story » seekingalpha.com |
CSX Q3: Beats Estimates, But Revenue Still Down Zacks.com submits: CSX Corp. (CSX) reported earnings from continuing operations of $293 million or 74 cents per share, ahead of the Zacks Consensus Estimate of 71 cents per share. Earnings were down $380 million or 93 cents per share in the prior year period. The decline was brought about by lower revenues, partially offset by reduced expenses.Complete Story » seekingalpha.com |
Truck Tonnage Reflects Slowness of Recovery Truck tonnage for September reflects the slow recovery in the real economy. The ATA reports: The American Trucking Associations’ advance seasonally adjusted (SA) For-Hire Truck Tonnage Index decreased 0.2 percent in October, following a 0.3 percent contraction in September. The latest decline lowered the SA index to 103.6 (2000=100) from the revised 103.8 in September. The not seasonally adjusted index, which represents the change in tonnage actually hauled by the fleets before any seasonal adjustment, equaled 109.6 in October, up 1.6 percent from September. Complete Story » seekingalpha.com |