TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Financial Sector Holds the Key to an Economic Turnaround Contrarian Profits submits:What sectors rise when the economy begins to emerge from an economic downturn? The answer may surprise you. Complete Story » seekingalpha.com |
Taxpayers to Finance Platinum Equity's Purchase of Bankrupt Delphi Tyler Durden submits: The WSJ reports that US Taxpayers, giddy with joy at purchasing GM (GMGMQ.PK), are soon to become proud owners of the debt of another bankrupt auto company - this time GM critical supplier Delphi (DPHIQ.PK), which has been in bankruptcy for well over 3 years. The WSJ quotes a person familiar with the deal, according to whom the U.S. government has decided to backstop the $2.5 billion needed in financing (of the $3.6 total purchase price), in order to make billionaire Tom Gores yet another recipient of the great Obama dilemma: heads I win, tails taxpayers lose.Someone please get Jon Stewart on the line.Complete Story » seekingalpha.com |
Fuel Prices Have Little Long-Term Effect on Car Purchases Marketing Charts submits: While higher gas prices in the US may create immediate demand for small, more fuel-efficient cars, this demand is not sustained over a longer period of time and consumers who were inclined to select larger vehicles eventually go back to buying them, according to an analysis of vehicle sales and gas prices by Experian Automotive. By measuring vehicle sales against the unpredictable fluctuations in gas prices in 2008 and early 2009, the research showed market share for small and economy vehicles normalized just as quickly as it had initially increased - even when gas prices remained 25% higher than where they started.Complete Story » seekingalpha.com |
Hybrids Lead the Way for Auto Transport Industry By John AddisonA growing number are eager to buy plug-in hybrids from Toyota (TM), Chevy, Ford (F), Fisker, and others that are completing new manufacturing for 2010 orders and look to be serious competition in 2011. Oil prices have doubled from their low this year. People are planning to save on fuel for years, by using more inexpensive electricity and less gasoline.Complete Story » seekingalpha.com |
Markets Seem to Like British Airways-Iberia Merger Jessica Johnson submits:Iberia's (IBRLF.PK) merger with British Airways [BAY] is now confirmed, with Iberia taking 45% of the combined entity. Both airlines are likely to keep their own branding and livery. Iberia reported results Friday; the short base is 0.9% and has been dropping. The British Airways (BAIRY.PK) short position is over 16%. The market seems to have taken the news as being positive for both companies, with scope for major synergies. There are likely to be knock on effects for other airlines, as the merger is expected to impact the landscape for routes, slots and even airfares. However, the deal is conditional on agreement between British Airways and the BA pension fund trustees.Complete Story » seekingalpha.com |