GLG News by Heavy Duty Truck Experts: Consultants and Industry Specialists
Analysis of:
In Gas-Powered World, Ethanol Stirs Complaints (www.nytimes.com)
The popularity of ethanol as a fuel is rapidly declining. Once seen as a panacea to this nation's dependence on foreign sources of fuel, ethanol now is being blamed for worldwide food inflation, diversion of crops from food to fuel and, now, operational problems in engines. A number of...
Analysis of:
Sterling Truck workers worry massive loss of jobs permanent (lfpress.ca)
Will have an effect on how goods are moved as Sterling is more of a vocational truck company that long haul.
July 22, 2008
Daimler Truck North America Division Sends Several Messages Regarding Business Outlook & Sterling’s Options
Analysis of:
Sterling Truck workers worry massive loss of jobs permanent (lfpress.ca)
Daimler Truck North America Division Sends Several Messages Regarding Business Outlook & Sterling’s Options
Truck sales are slow with no signs of any significant bump coming. In 2006, Daimler Trucks North America (DTNA) announced a $300MM investment in a new plant in Saltillo, Mexico to build 30,000 Freightliner and Sterling trucks annually starting operations in 2009. Union leaders in Canada are understandably...
Analysis of:
Navistar Raises Prices on Trucks (www.truckinginfo.com)
The NAFTA market for medium and heavy trucks could not be more dismal. It is refreshing to see Navistar take a leadership pricing position in the industry. The MaxxPro success has provided the breathing room for Navistar to raise prices in a down market.
Analysis of:
Navistar Raises Prices on Trucks (www.truckinginfo.com)
Commodity price increases with manufacturers are like fuel surcharges for freight carriers. They need to be passed on to maintain profitability. There are ways to do it - if the marketplace, timing, positioning, sales approach, etc. allow for it. It looks good for Navistar to be successful in doing...
Analysis of:
Yellow's Two Change of Operations (roaddrivers.org)
Yellow Transportation is enacting what officials are calling the most important change of operations in the company's history. More than 500 Yellow Teamsters have accepted new dock, driving and new "utility" positions to give the venerable long-haul LTL carrier a bigger footprint into the next-day...
Analysis of:
Despite conflict, U.S. does business with Iran (www.msnbc.msn.com)
Sanctioning Iran or Zimbabwe or any such nations is a bad approach to politics as well as economics. It is true as the writer says that the US efforts on sanctions are not coordinated, worse , these measures are never properly enforced and loopholes benefit a select few. More importantly, ecnomic sanctions,...
Analysis of:
Argonne Lab Licenses New Catalyst to Cut NOx (www.truckinginfo.com)
The Selective Catalyst Reduction (SCR) versus Exhaust Gas Recirculation (EGR) approaches have already been previously written about - including from me last week. The referenced article shows us one coming approach that may replace the need for urea (ammonia) in SCR applications. More SCR options are...
Analysis of:
Troha's Old Truck Firm Files for Bankruptcy (www.jsonline.com)
JHT Holdings, Kenosha, Wis., is filing a "pre-packaged" Chapter 11 bankruptcy proceeding. Officials of the company are optimistic the company has support of lenders in a plan that would provide $25 million in financing while reducing its debt by 40 percent. JHT's move follows the June 13 closing of...
Analysis of:
Politics Failed, but Fuel Prices Cut Congestion (www.nytimes.com)
New York City Mayor Michael Bloomberg's scheme to charge drivers $8 per vehicle to drive in lower Manhattan during business hours was attacked by drivers, the trucking industry and eventually was shot down by the New York State legislature in Albany. But the combination of $4.50 per-gallon...
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