TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| September Auto Sales: Muted Hangover Effect Wall Street Strategies submits:During August we had the cash for clunkers program, and many (yours truly included) expected to see a difficult month for the auto industry during September. What I didn't expect was all the company driven incentive programs (not dealership) that were instituted during the month. General Motors has its new 60 day money back guarantee and Hyundai has its own little cash for clunkers program running. Ford (F) posted a stronger than expected result while General Motors and Chrysler were again weak, with sales dropping 45% and 42% respectively.Complete Story » seekingalpha.com |
Pennsylvania Station Trains Stalled A partial shutdown began about 8:30 a.m., disrupting an estimated 100 trains from Amtrak and New Jersey Transit. nytimes.com |
ExpressJet Holdings, Inc. Q4 2009 Earnings Call Transcript ExpressJet Holdings, Inc. (XJT)Q4 2009 Earnings Call TranscriptFebruary 23, 2010 10:00 am ETComplete Story » seekingalpha.com |
The Digital Revolution Impacts Automobile Sales - Or Does It? Paul Kedrosky submits: Here is a story guaranteed to get the tech sorts into full "up with Internet" frenzy: The Internet's rise is fuelling (ahem) the auto's decline in importance among young people. The internet has wreaked havoc on the music industry, airlines and media, but it just may be doing the same thing to automobiles.Complete Story » seekingalpha.com |
Southwest Airlines Soars to Higher Earnings Zacks.com submits: On July 29, the low-cost carrier Southwest Airlines Co. (LUV) declared its second-quarter 2010 adjusted earnings of 29 cents per share surpassing the Zacks Consensus Estimate of 26 cents and the year-ago earnings of 8 cents. The company reported its earnings before market opens. Higher business travel demand and strong traffic led to the better-than-expected earnings.Net income, excluding special items, shot up 266% year-over-year to $216 million driven by strong revenues partially offset by higher fuel prices and other cost pressures. This represents the second-best earnings in the company’s history after the second quarter of 2006.Complete Story » seekingalpha.com |