GLG News by Intermodal Railcar Experts
Analysis of:
Slimmer Packages Mean Slimmer Profits for Truckers (www.businessweek.com)
The Green movement toward smaller and lighter packaging and products is hurting trucking companies as they try to recover from the economic downturn. The industry's chief economist is predicting that trucking company failures could exceed those from the last recession in 2000-2001.
Analysis of:
Is Outsourcing to China Over? (www.inc.com)
As US importers and manufacturers reexamine their outsourcing strategies in China and Southeast Asia they must consider closely the ever-changing landscape related to international shipping prior to taking any significant action. Obviously product characteristics, raw material requirements,...
Analysis of:
Congress Extends Refined Coal Tax Credit (www.marketwatch.com)
The Emergency Stabilization Act signed into law on October 3, 2008 includes an extension of tax credits for renewable energy and refined coal. The discussion that follows includes items to consider regarding the refined coal tax credit.
Analysis of:
US freight lines carrying a lighter burden (us.ft.com)
In every story about railroad traffic and railroad profits in this, and indeed in all of the last few years, commentators have used revenue growth as a surrogate for traffic increases, neglecting to inform the reader that traffic levels have been uncharacteristically stagnant in the recent economic...
Analysis of:
Con-way Slashes '08 Outlook as Economy "Battered." (www.reuters.com)
Con-way announced a significant falloff in earnings expectations for the third quarter and the rest of 2009 because of what it called "a challenging business environment." Con-way perennially is one of the market leaders in per-share profitability. But it says the "battered" U.S. economy is causing...
Analysis of:
Ports ready to enforce clean-trucks plan (www.joc.com)
The ports of Los Angeles and Long Beach are implementing the nation's stiffest commitment to clean the air in the port area by banning all pre-1989 trucks from the ports' grounds, effective Oct. 1. It is estimated the nation's first clean truck plan will cut truck pollution by 80 percent...
Analysis of:
Oak Harbor Freight on Strike (tdu.org)
About 600 Teamsters are on strike against Oak Harbor Freight, a major LTL carrier in the Pacific Northwest. Drivers, dock workers and back-office union members have been without a contract for 11 months. The increasingly militant clout of the Teamsters union is expected to increase in the coming months,...
Analysis of:
Salaries for Top Teamster Officials Hit New High (www.tdu.org)
There are nearly 100 Teamsters union officials making $150,000 or more at a time when more than 2,000 trucking entities went out of business since the first of this year.
Teamsters for a Democratic Union, the dissident wing of the 1.4 million-member Teamsters, tracks and publicizes the...
Analysis of:
ADES: Multi-Year Supply Contract with Luminant for Activated Carbon (www.tradingmarkets.com)
The D.C. Circuit Court of Appeals ruled on February 8, 2009 in favor of the plaintiffs that coal plants could not be removed from the list of mercury sources subject to a Maximum Available Control Technology (MACT) standard and the subsequent movements to require EPA to set a...
Analysis of:
UBS Cuts FreightCar America to ‘Sell’ on Price (www.forbes.com)
The commentary section discusses the current market and outlook for coal railcars
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Expert Analyses | Source Article
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