GLG News by Intermodal Logistics Experts
Analysis of:
Mack's McKenna Talks SCR Via The Web (www.truckinginfo.com)
Volvo Mack Division has started a smart project to educate users, dealers and other interested parties on the positives and negatives of Selective Catalyst Reduction (SCR) using Urea versus Exhaust Gas Recirculation (EGR). In March of this year, Daimler Detroit Diesel Division started to educate the...
Analysis of:
Trinity Industries’ Q2 earnings grow 25% (dallas.bizjournals.com)
Trinity Industries (TRN) reported earnings growth and increasing orders and deliveries in an otherwise declining market for new railcars, a feat that will probably elude the other railcar builders. Its 6,580 deliveries during the second quarter represented a 44% market share for the entire industry,...
Analysis of:
Rush Enterprises Reports Second Quarter Results (www.truckinginfo.com)
Some analysts had predicted a second half upswing in US truck sales, but it will not be. Major manufacturer Paccar and their largest Peterbilt dealer (and largest of any dealer organization) - Rush Enterprises - each say that the US market will remain flat through this year. Volvo recently stated the...
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:
Chugging Along (www.goerie.com)
Will the railroad rennaisance result in a bright future for locomotive manufacturing companies? Does the recent upturn in railroad volumes mean more locomotives are required?
Analysis of:
Norfolk Southern 2Q profit rises 15 percent (biz.yahoo.com)
Railroads are producing record profits resulting from their raising average real prices nearly 25% over the last four years. Railroads are transitioning from a simplistic Pricing Strategy -- "raise them" -- to a sophisticated Yield Managemetn Strategy Railroads will maintain price discipline to...
Analysis of:
Norfolk Southern 2Q profit rises 15 percent (biz.yahoo.com)
CSX and NS have both announced significant increases in quarterly profits while at the same time reporting declining traffic levels, a feat they have performed more than once in recent months. Overall railroad traffic was down about 2% for both carriers compared to last year, although up around 3.5%...
Analysis of:
Hapag bids flow in (www.tradewinds.no)
Tradewinds reports that some six or seven bidders responded to the initial round of indicative bids for TUI's liner shipping company. NOL will be the successful bidder.
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:
SoCal port terminals reporting ILWU slowdown (www.americanshipper.com)
Despite the change in leadership at both the PMA and ILWU, commitment to early negotiations, and a clampdown on rhetoric in the press, the situation is starting to resemble the 2002 talks that led to a 10-day lockout.
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