GLG News by RFID Semiconductor Experts
Analysis of:
Reviewing biofuel policies and subsidies (www.fao.org)
The food, energy and Biofuels industries all heavily depend on feedstock. I agree with colleagues Mr. Moser and Mr. Timpano regarding food versus fuel, future feedstock’s, food security and sugar cane use for ethanol. After recently attending a Purdue (my alma mater) meeting wearing my Zenergy Bio Fuel...
Analysis of:
FTR Conference Call: Bad News Bears (www.truckinginfo.com)
The forecast models used by the industry to predict equipment sales needs a readjustment. The forecasting models included diesel prices, metal prices, industrial production, manufacturer orders and personal income / spending, but they had not used at least one major factor - financing availability -...
Analysis of:
Greatwide Logistics, Texas Trucker, Files Bankruptcy (www.bloomberg.com)
How quick can one get in and out of a Chapter 11 filing? Pretty quickly if one has their ducks lined up. It does say something about trying to roll up a bunch of companies, carrying a lot of debt - and then being faced with a trying marketplace.
Analysis of:
Daimler slams door on saving Sterling (lfpress.ca)
Daimler Trucks North America (DTNA) has made decision to eliminate their Sterling brand. This has some interesting implications, but it means little - in the big scheme of things.
Analysis of:
Are emissions-reducing strategies working? (fleetowner.com)
The “Green” movement in the trucking industry should be an evolution, following normal equipment life-cycles. Mandates for new equipment have ended up being expensive with retrofits even moreso. The way to think about trucking companies wanting to become more green - is to think about it in terms of...
Analysis of:
Slimmer Packages Mean Slimmer Profits for Truckers (www.businessweek.com)
New logistics, load planning and other supply-chain approaches are being taken to lower cost. Those doing it the same old way are being squeezed. As our colleague Mr. Schultz notes, freight has slowed and trucking company failures continue. Load makeup is changing and some are actively addressing it....
October 6, 2008
Was There A Truck Sales Bubble? It’s Been Interesting Since Deregulation - So What’s Next?
Analysis of:
Drop in orders stuns truckmakers (us.ft.com)
Was There A Truck Sales Bubble? It’s Been Interesting Since Deregulation - So What’s Next?
As per the referenced article, new truck orders worldwide (not just in the US) are falling - signaling a global slowdown. The forecasting models are being updated because the financing wildcard was not traditionally seen as a big factor - but with what? Freight, Fuel and Financing are the intertwined...
Analysis of:
Ports ready to enforce clean-trucks plan (www.joc.com)
The contentious LA / Long Beach Emissions programs have started without disruption. My colleague Mr. Schultz gives a good overview of the program, litigation, etc, so I’ll offer some numbers and a few comments and about what is happening on the ground today.
Analysis of:
Japan may put money in global rescue fund (www.ft.com)
Japan's help is much needed as is the rest of the world's assistance in the resue operations of our economy.
September 29, 2008
August Big Truck Sales Down 23% Over Last Year - Major Supplier Accuride Takes Drastic Action
Analysis of:
Accuride plans 392 job cuts after CEO resigns (www.wthr.com)
August Big Truck Sales Down 23% Over Last Year - Major Supplier Accuride Takes Drastic Action
A major industry supplier is back in trouble - and is an indicator of things to come. Accuride CEO John Murphy has resigned after 11 months at the helm. It shows how one plans for swings and also shows the importance of parts and service sales in smoothing them out.
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