TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Trucker YRC's Presumptuous TARP Funds Application Chad Brand submits: For those who don’t know, YRC Worldwide (YRCW) is the former Yellow Roadway. Here is some of what the Wall Street Journal is reporting: YRC Worldwide Inc., one of the nation’s largest trucking companies, will seek $1 billion in federal bailout money to help relieve pension obligations, the chief executive said Thursday. Chief Executive William Zollars said the company will seek the money to help cover the cost of its estimated $2 billion pension obligation over the next four years. Under a complicated system that Mr. Zollars labeled unfair, roughly half of YRC’s contributions to a multi-employer union pension fund cover the costs of retirees who never worked for the Overland Park, Kan., company.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 |
Toyota Cutting Capacity: Another Day, More Jobs Lost Tom Lindmark submits:Here’s a textbook example of why the climb out of the recession is going to be long, hard and probably result in a bit of an altered environment. From Reuters:Complete Story » seekingalpha.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 |
Truck Tonnage Improves in December The Pragmatic Capitalist submits: The American Trucking Association’s truck tonnage index climbed 2.1% in December and continues to show modest signs of economic improvement. The latest reading of 108.4 is the highest since November 2008. Complete Story » seekingalpha.com |