TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Another Sign of the Times: Torched Cars in the Desert Tim Iacono submits: Two reports in the Wall Street Journal tell the tale of how automobile ownership is hitting the skids in the U.S. in an eerie parallel to home ownership - people are walking away from what they promised to pay for and lenders are taking steps to assure they are repaid.In Signs of Stress, Fraud on Roadside, Las Vegans are abandoning their cars in record numbers to get out from under the monthly payment - if you don't want to take it out to the desert and torch it yourself, the going rate is only $500 for someone else to do it.Complete Story » seekingalpha.com |
Air Methods: Flying High Zachary Scheidt submits: Air Methods Corporation (AIRM) has rallied significantly in the past few months as the company has implemented changes leading to increased profitability. AIRM is the largest air medical transport company in the world and under its Community Based Services division, it operates out of 91 bases in 21 states. The company recently reported earnings for the first quarter and significantly increased profitability levels. Revenue for the first quarter came in at $124.7 million which was only up 5.6% over the first quarter of 2008. However, earnings per share came in at $0.41 which was more than 240% above earnings for the same period last year. Management indicated that the improvement was due to stronger reimbursement per community based transport as well as lower maintenance and fuel costs.Complete Story » seekingalpha.com |
Dreamliner Delays at Boeing: This Too Shall Pass J Clinton Hill submits: As a follow up to my recent post on Boeing which dealt more with the technical analysis of its support and resistance levels, I wanted to share the following article from the Economist to help view the Dreamliner nightmare from the perspective of the process of innovation. Complete Story » seekingalpha.com |
Volkswagen Plans North America Onslaught TheCarConnection.com submits: By Viknesh VijayenthiranThe global economic crisis has taken its toll on virtually every major automaker around the globe but the effects have varied significantly between firms. General Motors' financial predicament has been well documented, with the ailing Detroit-based firm still recovering from. Toyota (TM), too, has been hit hard by the crisis, with the usually unassailable automaker expecting its first loss this year after nearly seven decades of profit.Complete Story » seekingalpha.com |
Zenn Motors and Them Old EEStor Blues Greentech Media submits: By Eric Wesoffclick to enlargeComplete Story » seekingalpha.com |