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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.

YRC Isn't Dead Yet, But That Isn't Stopping the Competition

August 6, 2009

As YRC Struggles, Rivals Stalk Clients | online.wsj.com

Rival competitors in the less-than-truckload sector are busy selling against financially troubled YRC Worldwide, which has lost in excess of $2.1 billion in the last 10 operating quarters. At $6 billion, YRC has nearly a 20 percent market share of the $34.5 billion LTL sector. If it fails, a free-for-all for YRC's customer list would ensue. Some competitors are not waiting as they are actively discounting in the market trying to lure some current YRC customers.

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.

Is YRCW’s On-Road Disconnect A Metaphor For Their Business?

August 5, 2009

Big rig trailer detaches on I-390; driver keeps going | www.democratandchronicle.com

With all of the discussion about YRC Worldwide financials in the news, it is often good to flavor the discussion from a practical sense. Our colleague John Schultz has covered the current YRCW issues well in his recent GLG articles, so we’ll stick more to input from ground level - mostly labor questions. I can’t believe the questions we got on this - from a business perspective and as an old part-time trucker!

George DorkhomPresident and Managing PartnerAD&A Worldwide 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.

Ingersoll Rand CEO Talks the company share prices up

August 4, 2009

Ingersoll-Rand sees signs recession is almost over | www.marketwatch.com

It is surprising for a leader of such a resprected company to talk the stock prices up based on insignificant statistis while the company sales and orders are down by some 20%

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.

Is November the End for YRC Worldwide?

July 31, 2009

YRC Swings to Loss as Sales Fall | online.wsj.com

YRC Worldwide, the nation's largest trucking company by revenue, continues to post huge losses on declining revenue. The Overland Park, Kan.-based LTL carrier posted a $309 million loss in the second quarter, compared with $35.8 million earnings in the year-ago period, on a 45 percent decline in revenue to $1.33 billion. YRC CEO and Chairman Bill Zollars says he continues to have "guarded optimism" about the future of his company.

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.

ATA Freight Tonnage Index Follows Members Financials - Quick Overview & Comments

July 29, 2009

ATA index shows freight tonnage down again | www.todaystrucking.com

American Trucking Associations (ATA) freight index is a good indicator of trends with their major fleet members. As said in the past by premier ATA forecaster Bob Costello, it’s good for showing increasing / decreasing trends over time. Their current readings show things are flat - and allows for a quick review of some of the major players recent performance, along with some comments.

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.

Ingersoll-Rand Sales Signaling End Of Recession? - Not So Fast

July 27, 2009

Ingersoll-Rand sees signs recession is almost over | www.marketwatch.com

Transport refrigeration unit sales have traditionally been a reliable predictor of economic activity. Like with truck engines, government regulations change traditional buying patterns. We believe that increased reefer sales are more about California Air Resources board (CARB) mandates than any economic recovery.

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.

Big Brown's Quarter Not So Bad ... Especially Compared With FedEx's Results

July 25, 2009

UPS Earnings Decline 49 Percent as Downturn Cuts Demand | query.nytimes.com

United Parcel Service posted second-quarter net income of $449 million on $10.8 billion in revenue. That was a 49 percent drop in earnings and a 17 percent drop in sales compared with year-ago figures. The company's chief financial offer, Kurt Kuehn, told analysts that the world's largest transport company is "cautious, frankly" about the rest of 2009's earnings. The company says it has no confidence that either demand or activity is going to pick up substantially" for the next several months. 

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.

This is No Way to Win the Hearts and Minds (and Votes) From the Teamsters

July 23, 2009

YRC Reverses Comments That Upset Teamsters | pd.kansascity.com

YRC Worldwide Chairman and CEO Bill Zollars has been forced to apologize to the company's Teamsters employees after making public comments hinting that the company's non-union work force would not have to take further cuts in pay. That angered YRC's 30,000 Teamsters, who already have taken a 10 percent wage cut and freezes in their pension payments. Currently YRC's Teamsters are in the process of voting on approval an additional 5 percent wage cut and more cuts in pension payments.

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.

Fleets Execs Discuss Trucking Equipment Financing Lax Default Effects

July 19, 2009

Fleet Panel Says Banks Reward Struggling Carriers | www.truckinginfo.com

At the recent Truckload Carriers Association Refrigerated Carrier meeting, several fleet operators made comments regarding equipment financing - including availability, interest rate increases, problems with unprofitable fleets continuing to run without making payments and expectations for the future. It allows for comments regarding capacity reductions, trucking profits and future truck sales.

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.

Major Truck Stop Competitors Merging - Flying J + Pilot = Higher Retail Prices?

July 16, 2009

Flying J and Pilot to merge | www.etrucker.com

The truck stop (uh - travel center) landscape had changed dramatically since deregulation. The merger of Pilot & Flying J essentially doubles the size of the previously two largest competitors in the marketplace. The combined entity has implications to their competitors, along with those providing services to them - and truckers.

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