TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Johnson Controls Inc. F2Q09 (Qtr End 03/31/09) Earnings Call Transcript Johnson Controls Inc. (JCI)F2Q09 Earnings CallApril 21, 2009 11:00 am ETComplete Story » seekingalpha.com |
Dry Bulk Vessel Oversupply Risks Continue Vincent Fernando submits: Transport Trackers came out with a research note in regards to the BDI's recent ascent to 4,000. Predicting the BDI is a bit of a fool's game, and they do not try to do so. Yet they still make it clear that betting on the BDI beyond 4,000 is pure speculation since dry bulk vessel oversupply risks continue. Can it break 4,000? Sure, especially given that it's an index of spot rates as we have previously explained. But Transport Trackers' ex-Citi Head of Asia Transport Charles de Trenck recommends that prudent capital refrain from further BDI upside speculation. The recent 6.9% one-day drop shows just how quickly this index can turn. Look at Supply: In 2H09 and into 2010 vessel supply, regardless of delays and cancelation discussion/debates, should bring back concerns of too many bulk ships. We are not against looking at certain longâterm contracts backed by cargo. But from this point on in current cycle, we are against blind speculation on BDI moving above the 4000 level.Complete Story » seekingalpha.com |
GATX Corp. Q2 2009 Earnings Call Transcript GATX Corp. (GMT)Q2 2009 Earnings CallJuly 23 2009 11:00 am ETComplete Story » seekingalpha.com |
Southwest Airlines: Traffic Spikes in September Zacks.com submits: Wednesday, Southwest Airlines (LUV) announced its preliminary mainline traffic results for September. The company reported an 8.8% surge in traffic to 5.8 billion revenue passenger miles from 5.3 billion revenue passenger miles a year ago. Load factor, or the percentage of available seats filled with passengers, in September rose to 74.7% from 63.4% in the prior-year period. Available seat miles, or capacity, fell 7.8% to 7.7 billion from 8.4 billion in the year-ago period. The airline plans to reduce 2009 available seat miles in the 5–6% range versus last year.Complete Story » seekingalpha.com |
Investing in Homeland Security: Global Defense Technology & Systems IPO Abbi Adest submits:Global Defense Technology & Systems (GTEC), a provider of IT and engineering services to US defense and intelligence agencies, is expected to price its IPO this week.Business Overview (from prospectus)Complete Story » seekingalpha.com |