TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| The Boeing Company Q3 2009 Earnings Call Transcript The Boeing Company (BA)Q3 2009 Earnings CallOctober 21, 2009 12:00 pm ETComplete Story » seekingalpha.com |
First Yearly Increase in Trucking Index Since 2008 Mark J. Perry submits: "The American Trucking Associations advance seasonally adjusted (SA) Truck Tonnage Index climbed 2.1% in December, following a 2.6% increase in November. The latest gain boosted the SA index from 106.2 in November to 108.4 in December, its highest level since November 2008. Compared with December 2008, SA tonnage jumped 6.6%, which was the first year-over-year increase since September 2008. For all of 2009, the tonnage index was down 8.3%, which was the largest annual decrease since a 12.3% plunge in 1982.Complete Story » seekingalpha.com |
Rail Freight Continues to Post Big Gains The Pragmatic Capitalist submits: Freight traffic posted big year over year gains for the week ending March 13th. According to the AAR, railroads posted their third consecutive week of gains: U.S. railroads originated 287,837 carloads during the week, up 3.2 percent from the comparable week in 2009, but down 12 percent from 2008. In order to offer a complete picture of the progress in rail traffic, AAR now reports 2010 weekly rail traffic with comparison weeks in both 2009 and 2008.Complete Story » seekingalpha.com |
Ford to Clear More Than $4B in Debt Zacks.com submits: Ford Motor Co. (F) has revealed that it would pay more than $4 billion in debt to the United Automobile Workers (UAW) retiree health care trust in order to improve its financial position. The company would pay almost the entire amount in cash instead of using stock, as had been decided previously. The automaker also cleared about $3 billion on its 2013 revolving credit facility in April ahead of schedule at a discount of 2%. Thus, in all, the company will cut about $7 billion in debt that would save more than $470 million in annual interest costs.Complete Story » seekingalpha.com |
Airline Sector Flies High as Latin American Companies Merge Investment U submits: By Tony D'AltorioDown in areas of Latin America, the normally turbulent airline sector is flying high.Complete Story » seekingalpha.com |