TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Canadian Pacific Railway Limited. Q3 2009 Earnings Call Transcript Canadian Pacific Railway Limited (CP)Q3 2009 Earnings CallOctober 27, 2009; 02:00 pm ETComplete Story » seekingalpha.com |
Rail Freight Traffic: Not a Good Recovery Sign Rail freight continues to report dismal figures despite improvement in the sequential data. The latest data showed carloads are down 10.2% vs 2008 and 18.5% vs 2007. Intermodal traffic is down 3% year over year and down 14.3% vs 2007. Despite the weakness, some industries are beginning to show some signs of relative strength. While 12 of the 19 carload freight commodity groups were down compared with the same week last year, increases were seen in grain mill products (16.1 percent), chemicals (14.8 percent), metallic ores (14.7 percent), motor vehicles and equipment (11.2 percent), grain (8.1 percent), waste and scrap metal (6 percent) and nonmetallic minerals (2.2 percent). Declines in commodity groups ranged from .7 percent for farm products excluding grain to 24.9 percent for crushed stone, sand and gravel.Complete Story » seekingalpha.com |
Little Sympathy for Porsche on New Fuel Economy Rules Michael Steinberg submits:The Wall Street Journal’s “Porsche Presses for Easier Fuel Rules” quotes Daimler’s (DAI) Chief Executive Dieter Zetsche: “We have to stretch but we will get there, and so we don’t complain. And I would prefer if others complain, they not do it in the name of their neighbors.” Speaking in reference to the new US fuel economy fleet wide average of 35.5 MPG and carbon-dioxide average of 250 grams per mile, all luxury and specialty car companies don’t have a uniform voice.Just like the controversial healthcare legislation, implementation is 90% of the law. In this case the government must develop the regulations which define mileage based on each vehicle’s footprint (wheelbase and track). The idea was to still retain a variety of car sizes while still improving gas mileage and reducing greenhouse gasses.Complete Story » seekingalpha.com |
Diana Shipping Inc. Q1 2010 Earnings Call Transcript Diana Shipping Inc. (DSX)Q1 2010 Earnings CallMay 26, 2010 9:00 AM ETComplete Story » seekingalpha.com |
Railroads: Profitable on Every Track, Both in Good Times and Bad World's Best Stocks submits:With 4 out of 5 major North American railroad companies trading near their year high, we analyzed them as an opportunity to profit from their current momentum. At $62.21, Canadian Pacific Railway Limited (CP) is trading at 0.67% from its year high. Union Pacific Corporation (UNP) at $78.80 is trading at 1.02% from its year high. At $64.62, Canadian National Railway Company (CNI) is trading at 2.18% from its year high and all-time high. Norfolk Southern Corporation (NSC) at $57.91 is trading at 5.97% from its year high. And finally, CSX Corporation (CSX) is the cheapest of the 5 from a year high point of view, trading at 13.44% from its year high, with a current price of $53.67.Here is the rank by Market Capitalization (as of September 3, 2010) of these 5 major railroads companies.Complete Story » seekingalpha.com |