GLG News by Automotive OEMs Experts

John SchulzIndependent Analyst - Contributing EditorLogistics Management Magazine

Slowly but Surely, Truck Tonnage on the Road Back

September 25, 2009

Analysis of:ATA Truck Tonnage Index Rose 2.1 Percent in August | www.google.com

The American Trucking Associations' seasonally adjusted for-hire truck tonnage index jumped 2.1 percent in August. That was the same year-over-year increase that July's index showed. But compared with August 2008 levels, truck tonnage was still 7.5 percent lower. Experts say it's the sign of a steady, if unspectacular, recovery in truck demand.

John SchulzIndependent Analyst - Contributing EditorLogistics Management Magazine

Highway Bill Hits Roadblock as Washington Proves It Can't Multitask

September 24, 2009

Analysis of:House Approves 3-Month Authorization Extension; Does Not Address Rescissions | www.aashtojournal.org

The House of Representatives overwhelmingly voted to extend the current level of federal-aid highway spending for three months. The current five-year, $286 billion highway bill expires on Sept. 30. The measure now goes to the Senate, which has bills approved by three committees to extend the current spending level for 18 months.

John SchulzIndependent Analyst - Contributing EditorLogistics Management Magazine

FedEx Absolutely, Positively Has Big Shoes to Fill Here

September 23, 2009

Analysis of:FedEx Freight Unit President and CEO Doug Duncan to Retire on Feb. 28 | www.google.com

Douglas G. Duncan, the first and only president and CEO that FedEx Freight has utilized, is retiring next Feb. 28. No successor has been named. FedEx Freight is the second-largest less-than-truckload carrier in the country (after YRC Worldwide), and the largest non-union LTL carrier.

Craig CarlsonCEO & Managing DirectorThe Carlson Group LLC

Pre-Owned Certified Gaining Traction

September 20, 2009

Analysis of:Secondhand Luxury Helps BMW, Mercedes Dealers Lure U.S. Buye | www.bloomberg.com

BMW, Mercedes-Benz, Lexus and all are seeing a glut of pre-owned vehicles on the market. This is partially fueled by lease returns, but bank repos and early trade-ins due to high, unaffordable payments are a major contributor.

John SchulzIndependent Analyst - Contributing EditorLogistics Management Magazine

So FedEx is Confident. What, Exactly, Does That Mean?

September 18, 2009

Analysis of:FedEx is Upbeat, Despite a 53 Percent Drop in Quarterly Profit | www.nytimes.com

FedEx is suddenly bullish about the international economic climate despite a 53 percent drop in its profit for its quarter ending Aug. 31. Revenue plunged 20 percent to just over $8 billion while net earnings fell to $181 million. FedEx is first to raise overall rates with a planned international and domestic rate increase of $5.9 percent on Jan. 4. That  is offset by a 2 percent cut in its fuel surcharge, plus any further discounts that shippers rate.

John SchulzIndependent Analyst - Contributing EditorLogistics Management Magazine

FedEx Prediction: International Up, Domestic Down, Teamsters Canada Uncertain

September 14, 2009

Analysis of:FedEx Raises Outlook, Stokes Hopes for Recovery | online.wsj.com

FedEx Corp., long viewed as a leading economic indicator because of the breadth of its penetration into the U.S. and worldwide shipping market, is sounding bullish ahead of its formal first-quarter release of its earnings set for Thursday. FedEx CFO Alan Graf added to the optimism last week when he was quoted in the Wall Street Journal saying  it was anticipating a "continued modest economic recovery in the global economy."

John SchulzIndependent Analyst - Contributing EditorLogistics Management Magazine

Second Time is the Charm: New Penn Teamsters OK Wage Cut Package

September 9, 2009

Analysis of:New Penn Teamsters Approve Concessions | www.tdu.org

Teamsters are YRC Worldwide's New Penn Northeast regional unit have voted by a nearly 3-to-1 margin to approve the company's wage and pension benefit concessions. The actual vote was 890-to-329. This comes after YRC threatened to close the unit and fold some of the jobs into its larger Holland Central States regional unit. Even with those threats, New Penn Teamsters in Local 25 in Boston and in Local 107 in Philadelphia rejected it.

Craig CarlsonCEO & Managing DirectorThe Carlson Group LLC

Hybrid Wars - Toyota vs. Paice

September 8, 2009

Analysis of:Toyota Patent Trade Case May Threaten Hybrid Imports | www.bloomberg.com

The Hybrid Drive Wars have begun. Toyota, the global leader in hybrid technology and issued patents faces a litigation minded, technology development company led by experienced automotive professionals.

John SchulzIndependent Analyst - Contributing EditorLogistics Management Magazine

Is UPS About to Make Another Labor Relations Mistake?

September 7, 2009

Analysis of:UPS Calls Looming Strike Vote a Gesture. Is it? | www.google.com

Some 1,400 Teamster mechanics who maintain planes for UPS's fleet of 263 cargo plays plan to hole a strike authorization vote next week. This comes at the start of the air cargo peak shipping season. A UPS spokesman downplays the chances of a strike, calling the authorization vote "contract posturing" with "absolutely no legal significance whatsoever."

William RussoPresidentSynergistics Limited

China Auto Trend 5: Utilization of China's Auto Capacities for Global Expansion

September 5, 2009

Analysis of:Geely Auto makes official bid to buy Ford's Volvo | autonews.gasgoo.com

The fifth of the Eight Overarching China Automotive Trends That Are Revolutionizing the Auto Industry deals with how the growth and development of the China automotive market changes the automotive business model for the global auto industry. While it is obvious that China already has become the world’s factory for “everyday low price” merchandise, the ramifications of the rapid development of the Chinese automotive base on the global auto industry may not be as intuitively obvious. 

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