Gas Cylinders Are Here to Stay
September 20, 2009
Is It The End For High-Pressure Gas Cylinders? | www.prlog.org
Higher pressure or not , the gas cylinders market is an important segment in the industrial gas business for smaller users and mobile applications in medical and industry and are here to stay but controls technology must continue to improve on safety and reliability.
So FedEx is Confident. What, Exactly, Does That Mean?
September 18, 2009
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.
Navistar Without A Big Pre-2010 Cummins Stockpile Could Be A Problem
September 18, 2009
Navistar CEO Peppered With Questions About Truck Engines | www.nasdaq.com
The proposed US Environmental Protection Agency (EPA) rule limiting the number of pre-2010 Cummins engines that Navistar can stockpile has many asking what it means. From our perspective, it means problems for Navistar and Cummins. From a customer perspective with Navistar, there are the advanced-EGR questions, a 13 v. 15-Liter decision and then product performance. Then there is the question of what is next.
Heavy Duty Truck Manufacturing: Where and When to Invest?
September 17, 2009
ACT Research: Weak truck sales until 2010’s second half | fleetowner.com
When will heavy truck sales return to North America and Western Europe, the world’s two leading markets for heavy duty trucks? What manufacturers will be the winners when sales return? Will the recovery be V-shaped or U-shaped?Since heavy truck sales lag all other economic indicators, North American truck sales will continue to fall this year and next year. Unemployment is the lagging economic indicator to watch. It will grow into the low double digits in the U.S. this year and remain high next year. Heavy truck sales will follow the inverse trend of unemployment.
FedEx Prediction: International Up, Domestic Down, Teamsters Canada Uncertain
September 14, 2009
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."
Navistar Is Smart To Use “S-Word” (SCR) In Their Customer Discussions Now
September 14, 2009
Navistar calls SCR “viable technology” | fleetowner.com
In a recent Truck Rental and Leasing Assn. (TRALA) hosted Web presentation including selective catalytic reduction (SCR), Navistar rep Tim Shick was quoted as saying “We think SCR is a very viable technology. We can’t find anything negative about it.” He also reaffirmed Navistar’s current approach of being the sole exhaust gas recirculation EGR-only manufacturer going into 2010. This is a good move, since customers have been making their intentions better known - and it hasn’t been positive.
China takes off, it is rapidly taking over as we squander our brand names for ?
September 11, 2009
China’s Geely, Beijing Automotive Target Volvo, Saab | www.bloomberg.com
It is a known fact that the Chinese government has put its weight and tremendous wealth behind targeted industries, Electronics , automotive and aerospace and it is well on its way to target the general industrial market. It is succeeding and have taken over Japan in Electronics manufacturing out put...why ? they have the people, the natural resources, the cash and the market..and we in the West are willing to surrender all ,including established brands as Volvo ,Saab and Hummer.
Temporary lay-offs in Italy maybe OK,but plant closure ..guess what
September 10, 2009
Italian Government Reaches Union Agreement on Fiat’s CNH Plant | www.bloomberg.com
Italian Labor law is so inflexible about layoffs and forget the future of the plant in Imola if it invovles permanent closure. Italy, behind Spain , is one of the most socialistic countries when it come to labor law giving no flexibility whatsoever to industry in manoeuvering during difficult times, that is while Fiat CEO is scanning the globe and is in bed with Chrysler , not only for high cost production , but also for labor inflexibility.
Second Time is the Charm: New Penn Teamsters OK Wage Cut Package
September 9, 2009
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.
The Mini-Truck Prebuy Is Here - Some Truckers Restocking Their Own Shelves A Bit
September 8, 2009
Truck Orders See Strongest Month Since November | www.truckinginfo.com
Eric Starks of FTR Associates is reporting an uptick in truck orders and attributes it to some buyers getting pre-2010 emission compliant engines. Having recently completed another summary around our work with financiers, it shows some the same, along with some how’s - and allows for an industry checkup from ground level.
Big-Foot YRC Drops the Other Shoe on Shareholders
November 3, 2009
Bombardier Barbs Shows CSeries Can't Cut The Mustard
November 2, 2009
New 777 Depends On 787 Success
October 13, 2009
Airbus Lost $7.5bn+ Trying to Flog the A350XWB
August 28, 2009
Airbus A380 Struggling To Cut The Mustard?
August 24, 2009