China Auto Trend 8: Rapidly Changing Demographics & Growth of Lower Tier Cities
December 2, 2009
Rising cities helping to rebalance growth | www.chinadaily.com.cn
The dramatic rise of China’s automotive industry, in terms of both consumer demand and production supply, is truly unprecedented in the history of the industrialized world. No country has risen from a nearly standing start to the size and scale that China has achieved in such a compressed time frame.
China’s Consolidating Auto Industry Can Learn From DaimlerChrysler
November 25, 2009
China's Changan Auto to acquire AVIC's auto assets | www.forbes.com
In an increasingly competitive and globalized automotive industry, companies that lack scale or a global production footprint are believed to be at a significant disadvantage. Many automotive companies have launched plans to address this “organically” by introducing new brands, developing new products and entering new markets. However, in an industry characterized by high capital investment and long technology and product development lead times, it may not be feasible to proceed organically. As a result, many automotive companies have sought to address their needs “inorganically” via M&A or a strategic alliance.
Either the Teamsters or ABF Freight System is Lying. Maybe Both.
November 23, 2009
ABF, Teamsters May -- Or May Not -- Be in Concession Talks | www.dcvelocity.com
ABF Freight System, the nation's fifth-largest LTL carrier, is seeking wage concessions from the Teamsters union to match the 15 percent givebacks obtained by YRC Worldwide, the nation's largest LTL carrier. But the Teamsters union is publicly denying that any concession talks are taking place.
Savvy Trucker JB Hunt Heads East, By Train!
November 17, 2009
J.B. Hunt Transport Services, Inc. Announces Eastern Rail Deal | markets.on.nytimes.com
Truckers traveling via train? Yep, the smart ones do so with increasing frequency. Earlier this month, J.B. Hunt Transport Services Inc. announced that its already successful “Secret Formula” for Intermodal success will henceforth include much more of a current ingredient, one known as “NSC” or Norfolk Southern Corporation, which reported Intermodal revenues for this year’s 1st nine months of just slightly less than JBHT’s $1.2 billion of Intermodal biz. for the same three quarters.
"Cadillac" of Trucking Terminals to be Closed by YRCW
November 17, 2009
YRC Closes Big Richfield, Ohio, Terminal | www.tdu.org
Financially troubled YRC Worldwide is closing its 202-door Richfield, Ohio, breakbulk terminal, one of the largest in its system. The move is part of YRCW's downsizing, and affects about 1,000 Teamsters at three Ohio terminals. About 400 of those 1,000 Teamsters already are laid off.
Truckers need Grief Counseling more than financing!
November 12, 2009
Used truck values fall 45% in last 10 months! | www.nada.com
The brutal numbers displayed in the NADA Nov. '09 report of ever-declining used truck values! The markets now value a 3-year old truck at 45% less than its market value of just ten months ago! You can read the latest NADA Commercial Truck Market Update via this link: http://www.nada.com/B2B/home/home.asp
Flavor of the Month is Railroads, But Freight Eventually Will Move Back to Truck
November 12, 2009
Trucking 101--This Analyst is Half Right | www.forexyard.com
How solid is the case for intermodal rail? Is it merely the flavor of the month, or can be be an honest-to-goodness, legitimate alternative to all-truck movements of surface freight? Analysts are touting intermodal rail, but how important and encompassing can rail transport be to U.S. shippers?
Is the Web Going to Save These Two Freight Behemoths?
November 11, 2009
For FedEx, Holidays May Bring an Upturn | online.wsj.com
FedEx Corp. is predicting an 8 percent rise in its "busiest day shipments" on Dec. 14, compared with last year's busiest day total. FedEx expects to ship more than 13 million packages on that day. Arch-rival UPS, which is about 35 percent larger than FedEx, says it will issue its own, separate "busiest day shipments" forecast next year, after eschewing such forecasts last year.
Magna Will Find Better Targets for Their Attention and Their Cash
November 6, 2009
Magna Ends Hunt for Automaker, Eyes Suppliers | www.autonews.com
Magna may have risked alienating certain customers, especially in regards to component technology development, if they had succeeded with the Opel partial purchase.Magna is developing good partnerships in the growth segments of electronic, software, sensor, battery, and power management, so a growing interest in shopping for those suppliers that can be added to Magna's electronics or eletrical component product portfolio makes very good sense.
The Secret Formula JB Hunt Transport Doesn’t Want You to Know!
November 3, 2009
J B Hunt (JBHT) Gets S&P 4 Star Buy Rating But Showing Bearish Technicals | www.marketintelligencecenter.com
Working quietly from deep within the beautiful but rather remote corporate offices of J.B. Hunt Transport Services Inc. in peaceful Lowell, AR, a sharp and select group of savvy truckers & financial wizards have, together, written, tested, and applied a “Secret Formula” that is now consistently generating trucking company revenues, operating margins, and net incomes, the likes of which have never before been accomplished in the otherwise dull and now financially beleaguered North American commercial freight transportation world!
Apple brings textbooks to iPad -- Finally
January 20, 2012
PayPal loses a key player in mobile device payments to Yahoo
January 10, 2012
More details and insights about the planned Sears Holdings store closings
January 4, 2012
Three things you should know about Sears store closings
December 29, 2011
Thoughts on GM Volt's recent "rapid thermal expansion" incident
December 6, 2011