TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Sputtering Auto Industry Chokes Suppliers - Barron's With Chrysler in bankruptcy and General Motors (GM) on the rocks, extended plant shutdowns are bad news for parts suppliers. Investors have largely shrugged off the dangers, but Barron's Jay Palmer suggests anyone who has made a sizable gain in the sector might want to think about pulling out. Neil De Koker, CEO of the Original Equipment Suppliers Association, has warned that hundreds of parts suppliers will go under in the next four months unless the industry gets help, with as many as 100 failing within 60 days. Another 500 are at high-risk for failure within the year. The $5B of federal aid extended thus far falls short of the $20B that De Koker's association says is needed to avert a crisis.Complete Story » seekingalpha.com |
Retail and Autos Continue to Struggle, While Airlines Are Stronger than Expected Andrew Horowitz submits: Yesterday we saw an amazing amount of information posted for several industries. The most talked about was the retail comps and that was somewhat unimpressive overall. On average, retail sales % change MOM fell 7.07%. The best numbers we saw were from Aeropostale Inc (ARO), The Buckle (BKE), TJX Corp (TJX) and Walgreen (WAG). The rest of the group continued to struggle with negative month over month sales. The worst of the grouping was Abercrombie & Fitch Co (ANF) which had a decline of 32% MOM and following closely behind that disaster was Neiman Marcus Group Inc (Privately Held) with a 20% decline. Generally the best of the shops were discounters and those that were able to provide remarkable consumer value.Complete Story » seekingalpha.com |
New-Car Affordability Nears Record TheCarConnection.com submits: By Bengt HalvorsonAlthough cars remain at near record levels of affordability, new-car buyers turned to more expensive vehicles this past quarter.Complete Story » seekingalpha.com |
Auto Sales Stabilize in October Ockham Research submits: “…And GM really making real progress with the SUV’s. I mean, I have got to tell you, they have really come alive in that segment, they now lead Ford in that segment. Other winners just looking at everybody, not just GM, Cadillac is up. Ford Taurus sales up 41%. That’s a winner for Ford now and Mulally. The only Chrysler Model to be up month over month, 2008 to 2009 in October was the Dodge Caravan, sales of the Caravan were up 8%. All in all, guys, pretty good news for the auto sector this October.” — Fox Business Network 11/3/2009 Complete Story » seekingalpha.com |
Toyota Is Tops in Brand Loyalty and Brand Perception TheCarConnection.com submits: Ford (F) may have swept the NACOTY awards, and Hyundai may be riding a wave of great press in the U.S., but the American public still views Toyota (TM) as the best brand -- and they're more loyal to it than to any other. For the third year in a row, Toyota has taken the #1 spot on Consumer Reports' annual Brand Perception survey. The survey asks consumers to evaluate brands in seven areas: safety, quality, value, performance, design/style, technology/innovation, and whether the brand is environmentally friendly/green. Given the success of well-designed, high-tech hybrids like the 2010 Prius, Toyota's win isn't very surprising -- though with other stylish green models heading toward showrooms, the company will have to up its game to remain at the top of the heap.Complete Story » seekingalpha.com |