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 |
Modeling Select S&P 500 Share Prices Ivan Kitov submits:Co-written by Oleg I. Kitov Abstract Historical share prices of selected S&P 500 companies have been accurately approximated by linear functions of the difference between core CPI and subsets of the CPI in the United States. The pricing model describes the evolution of share price along a predetermined trajectory. The selected share prices can be quantitatively estimated at a several year horizon because the driving force behind the prices is characterized by the presence of sustainable long-term trends. 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 |
Honeywell Beats Estimates in Q3 Zacks.com submits: Honeywell International Inc. (HON) reported third quarter 2009 sales of $7.7 billion versus $9.3 billion in the third quarter last year. Earnings were 80 cents per share compared to 97 cents per share in the third quarter of 2008. This was higher than the Zacks Consensus Estimate of 72 cents. Complete Story » seekingalpha.com |
Canadian National Railway Company. Q4 2009 Earnings Call Transcript Canadian National Railway Company (CNI)Q4 2009 Earnings Conference Call January 26, 2010 04:30 p.m. ETComplete Story » seekingalpha.com |