TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Coming to America - Mitsubishi's All Electric Car Greentech Media submits: By Michael KanellosThe electric car phenomenon rolls on. Mitsubishi (MMTOF.PK) announced Thursday that it will bring its i MiEV all-electric car to the U.S. The car will likely appear in Oregon first: the state of Oregon along with utility Portland General Electric are helping Mitsubishi by agreeing to build charging stations.Complete Story » seekingalpha.com |
First Splinter Bondholder Committee Formed in GM Bankruptcy Tyler Durden submits: In the first bondholder splinter group in the GM bankruptcy, today Paul Weiss filed a statement under rule 2019, creating an informal group of bondholders. The four initial members hold $1.6 billion face in notes, and were previously members of the HLHZ-advised ad hoc committee, which was instrumental in attaining to the highly questionable 54% of plan supporters. Now this is actually interesting, because the $1.6 billion is a good 6% of GM's $27.1 bn in unsecured bonds. As everyone knows, Obama claims he has the support of 54% of bondholders: if these 6% have decided to split from the ad hoc supporters and go against the grain, this effectively shifts the balance of power back to those bondholders who disagree with the plan .The initial members of the committee are:Complete Story » seekingalpha.com |
Why Volkswagen, Mercedes, Honda and Porsche Are Cars with APEAL TheCarConnection.com submits: By Bengt HalvorsenPorsche (POAHF.PK) ranks as most appealing nameplate for the fifth consecutive year. That's according to J.D. Power and Associates' 2009 Automotive Performance, Execution and Layout (APEAL) Study, which was just released.Complete Story » seekingalpha.com |
The Drug War's Midlife Crisis A conference of drug control experts offers long-familiar strategies and little hope of change. forbes.com |
Regional Airlines Picking Up Market Share Andrew Horowitz submits: It appears that the short haul carriers are picking up market share. Whether it is a company like Allegiant (ALGT) or Continental’s (CAL) Express, many been making strides in this tough climate. At the same time United and American are still increasing load factors. How much is at below market price though in an attempt to fill seats? The big names are also doing a very good job with what they have to work with. We know that business travel is tough and cost conscience consumers are helping to drive down pricing. Overall there are few names in the industry that we would call “solid” at this time.Complete Story » seekingalpha.com |