TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Can Railroads End the Recession? Railroader Blog submits:Can the railroads end the recession? Here is a plan that could help the country get back on its feet. There are a few steps that each railroad needs to take that would create jobs and make our country stronger. This plan call for a little sacrifice on the CEOs and their Executive Officers. Also, this plan requires the senior railroad workers to become true mentors to co-workers. This is the yin and yang plan that would help the entire country to survive a recession.The railroads are like veins that cover the entire country; however, the railroad executives are hell bent in severing the artery that could send all of us into a great depression. The Class 1 Executives are crying foul on the possibility of re-regulation, but they aren’t acting responsibly, and it appears as though they are only in it for the money. They have sold out their fellow workers for millions of dollars and they have god-like attitudes. But, is there a light at the end of the tunnel? I offer a plan.Complete Story » seekingalpha.com |
GM Drives Hummer to China Tom Lindmark submits:A week or so ago I wrote a post about a Chinese group buying a piece of the NBA’s Cleveland Cavaliers. At that time I said it was in Yogi Berra’s immortal words, deja vu all over again. A country and its citizens hit the big time exporting cheap products all over the world and they go on a spending spree. The Chinese seem to be following in the Japanese footprints. The news yesterday via the New York Times is that a firm from China is buying the dog, ahem Hummer, brand from GM.Complete Story » seekingalpha.com |
Honda Shares: Ready for a Comeback? Don't call it comeback if Honda Motor Company (HMC) manages to pull of a decent Q1 2010 earnings call next week (July 28th) and all anyone cares about is the guidance -- will things improve? Honda sales were down 30% in June and in the last 3 months Honda shares have only managed to drop 3.4%. HMC shares are stuck in the $27 to $30 range, so can it finally move come next week or will Asimo spill the coffee? CAN ASIMO & HONDA PULL IT OFFComplete Story » seekingalpha.com |
Foreign Investors: Listen to Putin's Renault Threat Craig Pirrong submits: Nice Vladimir is welcoming with open arms foreign investors to share in Russia’s bounties:Russia’s prime minister, Vladimir V. Putin, whose government took control of several oil companies when he served as president, gave a speech Tuesday saying the state must now step back from the economy and let private enterprise take the lead in pulling Russia out of recession.Complete Story » seekingalpha.com |
New Cars More Affordable than They've Been in Five Years TheCarConnection.com submits: Attention, shoppers: New cars are more affordable today than they've been in over five years. According to Comerica Bank's Auto Affordability Index, it now takes the average family 21.9 weeks of income to pay off an average-priced vehicle. Sadly, that's not because household income has risen, but because the average cost of a light vehicle has dropped to $25,500.Comerica's data comes from the third quarter of 2009, which of course included Cash-for-Clunkers. However, while analysts say that C4C did impact prices, auto affordability had been improving long before the federal program kicked in. Customers are now paying less for vehicles than they have since early 2004. [PRNewswire]Complete Story » seekingalpha.com |