TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Carl Icahn: U.S. Government World's Biggest Activist Investor Greenbackd submits: In his blog, The Icahn Report, Carl Icahn argues in a new post, It’s Up to the Shareholders, Not the Government, to Demand Change at a Company, that “shareholders have been complicit in allowing management excesses and incompetence by not taking a stand.” Nell Minnow, editor and co-founder of the Corporate Library, agrees: Shareholders have reelected these directors, have approved these pay plans and have been enablers for the addictive behavior of the corporate community.Complete Story » seekingalpha.com |
May Auto Sales: Better but Not Booming Tom Lindmark submits:Auto sales are out and we’re officially into second derivative territory again. Overall sales were down big time from last year but up from last month. In May of 2008 the industry was selling a bit over 14 million cars and light trucks (that’s a seasonally adjusted rate). It comes in right around 10 million for May. That’s better than the 9.32 million number in April and a smidgen better than the 9.86 million in March. So drinks all around. The pace of our descent into hell is slowing.Complete Story » seekingalpha.com |
Continental Airlines, Inc. Q2 2009 Earnings Call Transcript Continental Airlines, Inc. (CAL)Q2 2009 Earnings CallJuly 21, 2009 10:30 am ETComplete Story » seekingalpha.com |
JetBlue: How Effective Was Its 'All You Can Jet' Promotion Compete submits: On August 12th, JetBlue (JBLU) announced an All-You-Can-Jet promotion which allows travelers to fly anywhere JetBlue flies as often as they would like within a month for $599. JetBlue ended the program sooner than expected as response was stronger than anticipated. The program had a number of quirks that make it challenging to track the drivers of its success. For example, you could enroll and book only via phone. The phone-based system may have also facilitated enrollment in JetBlue’s frequent flyer program—required if you were not a member already. While enrollment and booking was limited to phone, consumers could still visit JetBlue.com to learn more. Compete measured the potential interest by trending daily reach of JetBlue.com before, during, and after the promotion. Reach equals the share of all US Internet users that visited a website.Complete Story » seekingalpha.com |
LAN Airlines Flying Higher Zacks.com submits: Earlier this week, LAN Airlines S.A. (LFL) and its subsidiaries released its preliminary monthly traffic statistics and punctuality indicators for October. Passenger traffic rose 15.7% year over year while capacity jumped 10.1%. Its load factor increased 3.9 points to 80.2%. International passenger traffic accounted for almost 69% of total passenger traffic, with the rest coming from domestic passengers.Complete Story » seekingalpha.com |