TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Looking Ahead at November Auto Sales Wall Street Strategies submits:The market is scheduled to get the November monthly auto sales figures Tuesday during the trading day, and the expectations are for a better month than October.During the last month, Ford (F) and General Motors saw higher sales year over year, while Toyota (TM) and Honda (HMC) saw their sales flat compared to October of 2008. The weak spot continued to be Chrysler, which saw sales decline more than 30%.Complete Story » seekingalpha.com |
Aircastle’s Strength Behind the Headlines Zachary Scheidt submits: When Aircastle Ltd. (AYR) reported earnings earlier in the month, the headline numbers didn’t look all that impressive. The company reported revenue of $135.8 million which was $22 million below the fourth quarter of 2008, and earnings per share came in at $0.29 (adjusted 0.27) which is significantly below the level of earnings from the same period last year. However, the details regarding the company’s overall business environment were actually quite encouraging.Aircastle is an aircraft leasing company which purchases passenger or freight planes and then leases them under long-term contracts to airlines and freight companies. AYR has taken a very diversified international approach with its fleet of 129 aircraft spread out between 60 different customers in 30 different countries. The focus appears to be passenger planes with only 29% of the vehicles being used for freight. Looking at the length of contracts, the weight average remaining lease term is 4.9 years. This gives investors a fairly stable picture of base revenues for upcoming quarters.Complete Story » seekingalpha.com |
YRC Worldwide Q1 2010 Earnings Call Transcript YRC Worldwide (YRCW)Q1 2010 Earnings CallMay 04, 2010 9:30 am ETComplete Story » seekingalpha.com |
Intermodal Container Traffic Stronger in 2010 Mark J. Perry submits: WASHINGTON, D.C. – Aug. 12, 2010 – "The Association of American Railroads today reported only moderate gains in rail traffic for the week ending Aug. 7, 2010. U.S. railroads originated 284,507 carloads for the week, up 3.5 percent compared with the same week in 2009, but down 13 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.Complete Story » seekingalpha.com |
Recovering Freight Demand Will Benefit Logistics Firms Morningstar submits: By Keith SchoonmakerThird-party logistics firms, or 3PLs, generate some of the highest returns on invested capital in our industrial stock coverage universe. Due to their asset-light business model, these firms' margins generally are robust even during periods of weakness in freight shipping. Logistics providers benefit from international trade, and from the secular increase in the practice of outsourcing shipping functions. Shippers hire traffic management from 3PLs to reduce transportation costs, decrease fixed assets, reduce inventory expenses, and improve shipping accuracy. Together, these benefits allow shippers to focus on their core competencies. We project revenue growth at 3PLs to outpace global GDP growth, based not only on our expectation that a greater volume of goods will be shipped by expanding global exchange, but also due to our belief that logistics firms will gain a greater share of their customers' transportation wallets.Complete Story » seekingalpha.com |