GLG News by Rail Shipping Service Experts

    Wind power qualifies for production tax credits.  These production tax credits are set to expire on December 31, 2008 without renewal by Congress and the President.

    Bituminous coal prices have soared over 100% in the last year.  This is obviously bad news to electric consumers dependent upon utilities with a large exposure to coal-fired generation.  The run-up in coal prices could be a benefit to some utilities.

    As the article correctly points out, capital costs to build a new power plant have risen considerably since 2000; coal plants included.  It is not just the up-front capital costs that have affected decisions to build new coal plants as discussed in the commentary sectio...

  The annual State of Logistics Report issued by the Council of Supply Chain Management Professionals shows that businesses spent a record $1.4 trillion on logistics last year. That's equal to 10.1 percent of Gross Domestic Product. It's the first time since 2000 that figure has exceeded 10 percent....

The recent announcements of major cutbacks in US light vehicle production will definitely have a negative impact on both railroad traffic volumes and railroad profits. While this traffic only accounts for only 5% of all US carload shipments, its hefty margins contribute much more to the bottom line...

The United States has allowed it's domestic nuclear engineering and manufacturing/construction capcity to evaporate. 31 years without a new reactor is a full generation of engineers and craftsmen.  Without a continual and rolling flow of projects to sustain such capacity it starved to death.

In rounding out thoughts regarding the previously noted Caterpillar-Navistar deal, Volvo and their Mack subsidiary are the easiest to summarize. They are not greatly affected in the US, but may be in overseas markets after the joint venture gets going. Also separately, the Volvo chief is confirming...

Paccar’s US brands of Peterbilt and Kenworth are losing their long-time Caterpillar big bore premium image-partner in 2010. Their engine strategy has been one that has included outsourced engines for Class 7-8 from Cummins and Caterpillar, along with a Paccar-branded Cummins 7 & 8 Liter engines...

FedEx Corp.'s reported $241 million loss in its fiscal fourth quarter ending May 31 compares with a year-ago profit of $610 million. The huge swing is attributed to a $696 million after-tax asset-impairment charge connected with its  disastrous acquisition of Kinko's, higher fuel costs and a weak...

Daimler Truck North America (DTNA)’s US brands of Freightliner, Sterling and Western Star are losing the long-time Caterpillar big bore option and replacing it with Cummins. While those numbers are small, it seems to have firmed up Daimler’s US engine strategy with Detroit Diesel, Mercedes and Cummins...