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GLG News by Heavy Duty Truck Experts: Consultants and Industry Specialists

John Schulz, Independent Analyst - Contributing Editor

John SchulzIndependent Analyst - Contributing EditorLogistics Management Magazine What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Why I Love Trucking: The 2009 Roadeo

August 22, 2009

Top U.S. Truck Drivers Showcased in Competition | www.google.com

The 72nd edition of the National Truck Driving Championships was held recently at the David L. Lawrence Convention Center in Pittsburgh. The four-day "roadeo" featured 415 contestants from all 50 states in all nine classes of trucks--ranging from three-axle to flatbed to tank truck. Besides the hands-on driving, there's also a written test covering a 300-page manual about truck safety regulations.

Jay Thompson, President and General Manager

Jay ThompsonPresident and General ManagerTransportation Business Associates What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Winners in a YRCW Liquidation?

August 18, 2009

Sector Snap: Who will win if YRC fails? | www.seattlepi.com

In the referenced article, RBC analyst John Barnes expects the Less-Than-Truckload (LTL) sector to continue to be a tough one - but tougher yet for YRC Worldwide. As a result, he issued an “Underperform” rating and noted “…that YRC's precarious financial position will ultimately result in its failure barring a material U.S. economic rebound." Colleague John Schultz just commented about rate expectations from a Wolfe Research LLC survey and his prognosis for YRCW, so we’ll just add some thoughts.

James CadeVice President Maintenance and PurchasingFrederick Thompson Company What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

EPA 2010 Emmissions Spells Trouble For Truck Sales

August 18, 2009

Daimler Trucks North America Announces Pricing For Detroit Diesel BlueTec and Cummins Emissions Technologies to Meet EPA 2010 Standards | www.daimler-trucksnorthamerica.com

New truck sales will soon be negatively impacted by the looming 2010 EPA Emission Standards. The costs associated with the required emission changes are far exceeding all estimates. Based on my own purchasing experiences I have seen prices rise by as much as $7,000 per unit, during the period from 2002 to 2009. As a result I do not see new truck sales even beginning to recover until the third or fourth quarter of 2010, at the earliest.

John Schulz, Independent Analyst - Contributing Editor

John SchulzIndependent Analyst - Contributing EditorLogistics Management Magazine What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

What Happens In a YRC Liquidation?

August 18, 2009

YRC Worldwide Shutdown Would Raise Freight Prices, Survey Says | kansascity.bizjournals.com

If financially ailing LTL giant YRC Worldwide shuts down, that would mean a freight rate increase of as much as 5 percent by rival carriers. That's according to a survey of shippers by Wolfe Research LLC, the research company run by respected former Bear Stearns trucking analyst Ed Wolfe. The survey showed that LTL carriers could raise rates by 2.5 percent in the month after any YRC shutdown, and by 4.9 percent in the year following a YRC failure.

Jay Thompson, President and General Manager

Jay ThompsonPresident and General ManagerTransportation Business Associates What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Survey Shows US Citizenry Still Don’t Like Mexican (Or Any) Trucks

August 16, 2009

Poll shows most Americans oppose allowing Mexican trucks in U.S | www.thetrucker.com

The referenced Rasmussen Reports national telephone survey indicated that Mexican trucks are not welcome here in the US by a two-thirds margin. Over 70% of people against it are over 40 years old - and men way more so than women. Sixty-eight percent of investors agree! There is more to this undercurrent, so here are some thoughts.

John Schulz, Independent Analyst - Contributing Editor

John SchulzIndependent Analyst - Contributing EditorLogistics Management Magazine What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Once Again, New England Motor Freight Leads the Way

August 15, 2009

New England Motor Freight and Manitoulin Transport Form Partnership | www.logisticsmgmt.com

New England Motor Freight (NEMF), the leading Northeast regional LTL carrier, is forming a partnership with a top Canadian trucking company to enhance its expedited transportation and logistics services to Canada. NEMF picked Manitoulin Transport, a top Canadian carrier, as its partner. The move is latest example of once-regional LTL carriers expanding their footprint to enter into longer-haul lanes as the national, Teamster-covered, long-haul carriers continue to lose market share. 

John Schulz, Independent Analyst - Contributing Editor

John SchulzIndependent Analyst - Contributing EditorLogistics Management Magazine What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

We're Going to Do This Until We Get It Right at this YRC Worldwide Unit

August 14, 2009

New Penn Teamsters Reject Deal | www.ldnews.com

Some 2,000 Teamsters at New Penn, YRC Worldwide's Northeast Regional LTL carrier, have rejected a proposed 5 percent wage cut and pension freeze. Management has said these cost-cutting moves are necessary to keep struggling YRC Worldwide operating. The cost-cutting measures were approved by 58.5 percent of the overall Teamsters voting at all of YRC's subsidiaries. But they were rejected "overwhelmingly" by the New Penn unit, a Teamsters official said.

Jay Thompson, President and General Manager

Jay ThompsonPresident and General ManagerTransportation Business Associates What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

2010-Compliant Diesel Truck Price Increases Out - The Changing Purchase Paradigm

August 14, 2009

Daimler Trucks North America Announces Pricing For Detroit Diesel BlueTec and Cummins Emissions Technologies to Meet EPA 2010 Standards | www.daimler-trucksnorthamerica.com

The major truck manufacturers have announced their price increases for 2010 emissions-compliant engine-powered trucks. For Class 8 trucks, Daimler Trucks North America (DTNA) targeted their SCR “surcharge” at $9,000 - lower than Volvo Trucks SCR at $9,600 and higher than Navistar A-EGR at $8,000. While some may think a single-digit percent price increase is tolerable for the industry, we can only say that planning has accelerated to change future purchase plans.

John Schulz, Independent Analyst - Contributing Editor

John SchulzIndependent Analyst - Contributing EditorLogistics Management Magazine What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

"35 Percent of Zero" is Not Positive

August 13, 2009

Analyst Predicts YRC Bankruptcy | www.ohio.com

A leading trucking industry analyst is predicting the demise of YRC Worldwide, the nation's largest trucking company by revenue. David Ross of Baltimore-based Stifel Nicolaus says that YRC's bankruptcy, while not imminent, "is becoming increasingly likely." Whether YRC opts for Chapter 11 reorganization or Chapter 7 liquidation is unclear. For its part, YRC's management continues to say its restructuring plan is on course despite losses in excess of $2 billion in the last 10 operating quarters.

Jay Thompson, President and General Manager

Jay ThompsonPresident and General ManagerTransportation Business Associates What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Impact Of Battery Technology Within Industry? History Says...

August 11, 2009

Big 3, Michigan win big in battery grants | www.detnews.com

The referenced Detroit News article outlines where a little over half of the $2.4B Federal Grant for battery development will go in Michigan and Indiana. The rest will go to a variety of entities, which opens up discussion on the complexity of an old discussion regarding electric cars.

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