Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
Is it Fraud or Poor Management, $50M Wasted Annually at Agency Alone
September 10, 2009
Ten Reasons Frauds Occur | news.glgroup.com
The US Postal Service has approx. 1,100 employees sitting idle daily during the current USPS downturn. As mail volume is down and Senate seeks to in source, are we going the same direction?
Second Time is the Charm: New Penn Teamsters OK Wage Cut Package
September 9, 2009
New Penn Teamsters Approve Concessions | www.tdu.org
Teamsters are YRC Worldwide's New Penn Northeast regional unit have voted by a nearly 3-to-1 margin to approve the company's wage and pension benefit concessions. The actual vote was 890-to-329. This comes after YRC threatened to close the unit and fold some of the jobs into its larger Holland Central States regional unit. Even with those threats, New Penn Teamsters in Local 25 in Boston and in Local 107 in Philadelphia rejected it.
The Mini-Truck Prebuy Is Here - Some Truckers Restocking Their Own Shelves A Bit
September 8, 2009
Truck Orders See Strongest Month Since November | www.truckinginfo.com
Eric Starks of FTR Associates is reporting an uptick in truck orders and attributes it to some buyers getting pre-2010 emission compliant engines. Having recently completed another summary around our work with financiers, it shows some the same, along with some how’s - and allows for an industry checkup from ground level.
British Airways Guns For BMI British Midland
September 8, 2009
British Airways in talks to land BMI British Midland | business.timesonline.co.uk
After all the hullabaloo that Lufthansa would somehow decimate British Airways in its very own backyard, it is indeed a delightful sight to see many a proponent now eat humble pie.
Jazeera Airways Overtakes Kuwait Airways
September 8, 2009
Jazeera Airways takes over Kuwait Airport as the largest operator | www.zawya.com
Jazeera Airways is gaining dominance at home – now it needs to focus on rationalising its business model to become the number one Kuwaiti carrier – if it can play its cards right.
AirAsia X Performs U-Turn On Abu Dhabi Hub
September 8, 2009
AirAsia X rules out Abu Dhabi hub | business.maktoob.com
When AirAsia X was first dreamt up, the vision of a long haul low cost travel was cheered – so why has the dream now evaporated?
Ford’s New Pickup Diesel - Hang On For The Power & Perhaps The Introduction!
September 8, 2009
REPORT: Ford's 6.7L Power Stroke to put out 400 HP and 725 pound-feet | green.autoblog.com
Ford Motor Company recently announced specifics regarding their new diesel engine they developed in-house. It’s got a bunch of power, but a successful product is much more than a new cool design. Many of us are pulling for the only US non-government motors player, but some loyalists are going to hit the “wait-a-while” button to see how it goes - for potentially good reason.
Is UPS About to Make Another Labor Relations Mistake?
September 7, 2009
UPS Calls Looming Strike Vote a Gesture. Is it? | www.google.com
Some 1,400 Teamster mechanics who maintain planes for UPS's fleet of 263 cargo plays plan to hole a strike authorization vote next week. This comes at the start of the air cargo peak shipping season. A UPS spokesman downplays the chances of a strike, calling the authorization vote "contract posturing" with "absolutely no legal significance whatsoever."
Rail Traffic is up slightly, mostly due to Clunker program
September 7, 2009
AAR Reports Rail Traffic Continues to Register Gains Rail Carloadings at Highest Level Since December 2008 | www.aar.org
The volume of railroad traffic for the week ending August 29th was the highest since the end of 2008 and continued the slight upward trend in weekly car loadings that began in early July. Most of the gains appeared to be related to the cash-for-clunkers program, which means it may not continue in coming weeks.
September 6, 2009
Lufthansa Deal Gains Clearance | online.wsj.com
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Big-Foot YRC Drops the Other Shoe on Shareholders
November 3, 2009
The LTL market truckers once knew will never return!
October 19, 2009
Another Leash on Life for YRC Worldwide
October 12, 2009
YRC Worldwide's Woes a Benefit to Arkansas Best LTL Unit
August 28, 2009
Teamsters: YRC Worldwide Says There Are No Buyers For Regional New Penn
August 25, 2009