TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Buffett: Is Burlington National This Year's Good Idea? Larry MacDonald submits: Another Woodstock of Capitalism has come and gone at Omaha, Nebraska. Shareholders of Berkshire Hathaway (BRK.A) have returned to their homes. The Warren and Charlie show was once again a big hit. Complete Story » seekingalpha.com |
Supporting the U.S. Auto Portfolio: Cash for Clunkers BoneYard submits:Well, we all knew this was coming:The U.S. House approved legislation that would give consumers as much as $4,500 to buy new, fuel- efficient vehicles under a “cash-for-clunkers" proposal aimed at boosting auto sales.Complete Story » seekingalpha.com |
Magna's Good News - Auto Output Improving FP Trading Desk submits: Drive around to General Motors Co. dealerships north of Toronto and it won’t take long to realize many stores don’t have a lot of vehicles to sell.GM and Chrysler both scaled back production during their bankruptcy protection revamps and dealers also cut back for fear they might get stuck with cars and trucks no one wanted. Dealer inventories are in fact at historic lows in the United States. And all three Detroit automakers will be boosting the volumes of vehicles they make over the third and fourth quarter.Complete Story » seekingalpha.com |
Ford China Posts Staggering Sales Zacks.com submits: Ford Motor (F) has revealed that its sales in China have shot up 79% to 119,338 vehicles in the third quarter of the year. The growth has vaulted an overall sales increase of 78% to 1.33 million vehicles across China . This was driven by China ’s economic policies to spur auto sales. The Chinese Government halved taxes on purchases of small autos. It is also spending 5 billion yuan ($730 million) on subsidies for purchases of light trucks and minivans in the countryside, where the population density is high. Complete Story » seekingalpha.com |
Five Foreign Airlines to Watch in 2010 David Hunkar submits: On December 29, 2009 The Wall Street Journal carried an article titled "Brazilian Airline TAM Banks on Growth From New Fliers” that discussed the growth potential of TAM (TAM) and the airline industry in Brazil. TAM SA, the leading Brazilian airline, expects the domestic market to grow by 12% next year due to the continued growth of the Brazilian economy. The airline is implementing an innovative solution to attract first time-fliers by partnering with banks where customers can put down a low down payment and buy a ticket. The balance of the ticket cost is to be paid in monthly installments at the bank. This strategy of convenient payment option for purchasing tickets was originally developed by TAM’s competitor GOL (GOL) four years ago. Since the majority of Brazilians still travel long distances by bus, TAM’s latest strategy may increase its market share and earnings in the coming years. Gol’s easy payment option has so far attracted some 1.8 million members.Complete Story » seekingalpha.com |