TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Axion Power: Time Is Right for Gas Guzzlers to Dual Mode EV Conversions John Petersen submits:Since early 2008, Axion Power International (AXPW.OB) has been quietly developing an experience base and building grass roots support for a gas-guzzler to dual-mode EV conversion initiative that has the short-term potential to transform up to 120 million gas-guzzling pickup trucks, sport utility vehicles and vans into gas sipping EV-50s. If recent articles from sources as diverse as The Daily Green, Edmunds Green Car Advisor and the Environmental Defense Fund are reliable indicators, the initiative is rapidly gaining ground. The concept is simple – add electric power trains and battery packs to America's least fuel-efficient vehicles and give them 50 miles of plug-in EV range coupled with unlimited internal combustion range. The potential benefits to the economy are enormous because the U.S. could slash gasoline consumption by a billion gallons per year for every 1% of the gas-guzzler fleet that's converted to dual-mode. It's also a solution that could be immediately implemented using domestic products and create untold thousands of new cleantech jobs.Complete Story » seekingalpha.com |
Chrysler Appellate Hearing Today Tyler Durden submits: The three briefs filed with the Second Circuit are provided below. Reminder: the appeals hearing will be today at 2:00PM at the Appellate Court at 500 Pearl Street. If the hearing does not result in an outright rejection of the appeal, this could have historic precedent as it unlocks a chain of events which would:i) delay the Chrysler bankruptcy indefinitely,Complete Story » seekingalpha.com |
Allegiant Travel Did Not Fly on Earnings Trader Mark submits:First a bookkeeping note - I am cutting most of my Allegiant Travel (ALGT) around $42.80. It has been all the over the map from $41.50s to $43.50s - this name can move a lot on very little volume. I had a quite large loss on this name that has turned into a small loss, and I want to keep it that way for now; I'll forgo any more upside until I see how the market reacts after the knee jerk move down. We're down to just a placeholder position at 0.1% - this last batch mostly went out at a 12-15% loss, including todays 6-7% drop. My 'trusty' source for knowing when stocks report earnings, Yahoo Finance, must have not had Allegiant Travel (ALGT) on the radar since I was not aware Tuesday was the day. (8:44 PM no less) My staff of analysts (zero) also did not alert me to this event. So when I saw the stock down sharply Wednesday morning I could only assume oil was up 5%... but instead it was an earnings report. My first scan of the report turned up these words: 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 |
JAL and Open Skies Between Japan & U.S. - Key Issues and Implications Vaughn Cordle submits:The US-Japan deal under negotiations is being designed so that it will only come into effect after the Japanese receive ATI with their US partnersATI with the Japanese carriers is seen as parallel to American Airlines/British Airways (Despite delay, AA-BA approval is widely expected)While the economic benefits of a JAL DL deal are more valuable,there is a political concern about informing AA of a switch.On the other hand there is no reluctance to express disappointment with BA and the fact that London Heathrow is not a good connecting market for Europe. AF-KLM is a better European partner because of geography.Without a Japanese partner, Delta’s (DAL) Japanese routes are not doing well DL’s Japanese routes are collateral for their recent credit line. As a result DL couldn't shift the service if they wanted to.Of particular interest is the DOT requirement for ATIs to have a Metal Neutral JV.With regard to the US portion of this information, there are the following political elements that affect the equations:Open Skies with the Japanese is a product of All Nippon Airways (ALNPY.PK) and United Airlines (UAUA) efforts in JapanThis administration is a product of the Chicago political machine. The DOT Secretary and the General counsel are historically connected to Chicago politics. AA and UA are Chicago hubbed carriers who are keenly familiar with Chicago politics and are important elements of Chicago economics and commerce.It is widely viewed here that JAL is not as important as ANA to the new Japanese governmentUntil DL is able to persuade JAL to become a partner, it is using its political clout to oppose open skies with JapanJAL’s need for restructuring complicates its ability to seek government support in open sky negotiations. Japanese culture suggests that JAL’s CEO will have to resign as soon as a restructuring is achieved with the government.Complete Story » seekingalpha.com |