FedEx Freight | Some Trucking Companies also had a BIG bounce

[imported_River17]

Rally Fizzles in Final Minutes of Trading

A late rally collapsed Wednesday as financials, some consumer names and energy stocks did an about-face in the final minutes of trading.

US Moves Closer to Becoming A Major Shareholder In GM
The US government is increasingly likely to convert a $13.4 billion loan to General Motors into common stock, sharply reducing the company's debt burden and giving taxpayers a major stake in the struggling auto maker, sources tell CNBC.
US Moves Closer to Becoming A Major Shareholder In GM - Automotive * US * News * Story - CNBC.com

Wells Fargo CFO: Economy Has Encouraging Signs
The economy is not “out of the woods yet, but there are encouraging signs,” Howard Atkins, CFO of Wells Fargo, said in an interview with CNBC.
Wells Fargo CFO: Economy Has Encouraging Signs - Financials * US * News * Story - CNBC.com

Knight’s First-Quarter Income Improves
Truckload carrier Knight Transportation’s first-quarter profit rose to $11.7 million, or 14 cents a share, from $11.4 million, or 13 cents, a year ago.
Knight’s First-Quarter Income Improves | Transport Topics Online | Trucking, Freight Transportation and Logistics News

Vitran Reports First-Quarter Loss
Vitran Corp. lost $2.4 million, or 17 cents a share in the first quarter, compared with a profit of $1.1 million, or 8 cents, a year earlier.
Vitran Reports First-Quarter Loss | Transport Topics Online | Trucking, Freight Transportation and Logistics News

UPS could furlough 300 pilots if cost-savings measures not met
Officials with United Parcel Service Inc. have asked the Independent Pilots Association to find a way to cut costs in order to avoid the furlough of about 300 of the roughly 3,000 pilots who fly for the shipping giant.
UPS could furlough 300 pilots if cost-savings measures not met - Business First of Louisville:

Arkansas Best Corporation Announces First Quarter 2009 Results
Arkansas Best Corporation today announced a first quarter 2009 net loss of $18.2 million, or $0.73 per share.
"We are taking the steps necessary to improve long-term profitability consistent with providing reliable and safe transportation services," said Mr. Davidson. "As a result, we have taken additional actions to further align our network labor and equipment capacity with available business levels. Since the end of 2008 these actions include:
An additional reduction of over 625 ABF employees resulting in a 23% employee reduction since the fourth quarter of 2006, when ABF first experienced dramatic declines in business...........
Additional fleet reductions, including 326 tractors and 448 trailers, resulting in an overall 20% decrease in tractors and an 11% decrease in trailers since the fourth quarter of 2006.............
Arkansas Best Corporation Announces First Quarter 2009 Results - Yahoo! Finance


Dow...7,886.57 -82.99 -1.04%

Nasdaq...1,646.12 +2.27 +0.14%

S&P 500...843.55 -6.53 -0.77%


YRCW...3.91...+0.16...+4.27%
CNW...22.21...+0.79...+3.69%
LSTR...35.40...+1.21...+3.54%
ODFL...27.87...+0.79...+2.92%
JBHT...27.92...+0.79...+2.91%
SAIA..13.60...+0.36...+72%
WERN...15.79...+0.38...+2.47%
FDX...53.24...+0.71...+1.35%
KNX...16.01...+0.16...+1.01%
HTLD...15.06...+0.01...+0.07%
UPS...54.75...-0.60...-1.08%
ABFS...21.89...-0.86...-3.78%


FDX--
Analysts' Upgrades, Downgrades: FedEx | Analysts' Upgrades and Downgrades | Financial Articles & Investing News | TheStreet.com
Investor Daily: A fund for recession and recovery - Yahoo! Finance
Caterpillar Gets Squashed
UPS could furlough 300 pilots if cost-savings measures not met - Business First of Louisville:

UPS--
Major business events scheduled for Thursday - Yahoo! Finance
Earnings Preview: UPS - Yahoo! Finance
3 Reasons to Be Bullish on UPS
3 Reasons to Be Bearish on UPS
Wednesday's Headlines: Apple's Earnings | Market Features | Financial Articles & Investing News | TheStreet.com
Forbes.com Video Network | Markets: Street Set For Earnings
UPS could furlough 300 pilots if cost-savings measures not met - Business First of Louisville:

CNW--
Live Call: Con-Way First Quarter 2009 Earnings Call - Yahoo! Finance

ABFS--
Arkansas Best Corporation Announces First Quarter 2009 Results - Yahoo! Finance
Summary of ARKANSAS BEST CORP /DE/ - Yahoo! Finance
Arkansas Best shares tumble on steep 1Q loss - Yahoo! Finance

YRCW--
Major business events scheduled for Thursday - Yahoo! Finance

KNX--
Knight’s First-Quarter Income Improves | Transport Topics Online | Trucking, Freight Transportation and Logistics News
Summary of KNIGHT TRANSPORTATION INC - Yahoo! Finance
Knight Transportation Reports Revenue and Net Income for the First Quarter Ended March 31, 2009 - Yahoo! Finance
Knight Transportation says 1Q profit rose 2.9 pct - Yahoo! Finance

GM to shut many US plants up to 9 weeks
General Motors Corp. is planning to temporarily close most of its U.S. factories for up to nine weeks this summer because of slumping sales and growing inventories of unsold vehicles, three people briefed on the plan said Wednesday.
AP Sources:GM to shut many US plants up to 9 weeks - Yahoo! Finance

California Foreclosures Are Back—with a Vengeance
We knew it was coming, and now it's here...the return of California's foreclosure crisis.
California Foreclosures Are Back With A Vengeance - Realty Check with Diana Olick - CNBC.com

Confessions of a TARP Wife
I am a TARP wife.
In keeping with the unwritten code of this new sisterhood, I have taken a vow of financial abstinence.
Confessions of a TARP Wife - General * US * News * Story - CNBC.com

Farrell: The Stress Test Has Me Stressed Out
The Fed plans to release results of the stress test on May 4. Nobody is going to "fail" the test, but some may need capital, private or otherwise. There should also be some word as to how much capital would be needed.
Farrell: The Stress Test Has Me Stressed Out - CNBC Guest Blog - CNBC.com

TARP, The Criminal Enterprise?
Is the whole TARP plan a criminal enterprise? Sounds farfetched, I suppose. But after reading about Special Inspector General Neil Barofsky’s report, it may well be that TARP is just one big criminal problem.
TARP, The Criminal Enterprise? - Money and Politics Blog - CNBC.com

Where's The Floor?
Is there a floor under the market? Stocks this week are acting like there is.
Forget about financials, this is the week when big industrial names are reporting, and as anticipated the guidance is cautious.
Where's The Floor? - Trader Talk with Bob Pisani - CNBC.com

TWO BONUS LINKS TONIGHT.

Truck pics, truck video, and truck Fotolog
http://www.truckingboards.com/trucking/upload/truckingboards-help/21692-how-post-photo-forum-55.html

3 must see videos.
http://www.truckingboards.com/truck...rds-help/41947-how-post-youtube-videos-3.html

Now you are up to speed and informed.
http://www.truckingboards.com/truck...ht/58074-questions-comments-stc-thread-4.html

 

[imported_River17]

Stocks Eke Out a Gain as Banks Rally

Stocks pulled off a gain after a wobbly session Thursday as banks rose and some better-than-expected earnings helped offset gloomy economic data.
Stocks Eke Out a Gain as Banks Rally - Market Overview * US * News * Story - CNBC.com

UPS 1Q profit plunges more than 55 pct.
UPS Inc.'s first-quarter profit plunged as fewer people sent packages and used premium services like next-day air amid the global financial crisis. The world's largest shipping carrier also gave a disappointing second-quarter outlook on Thursday, and disclosed it shed 10,000 domestic jobs during the first three months of the year.
UPS 1Q profit plunges more than 55 pct. - Yahoo! Finance

UPS Can’t Quite ID The Bottom
United Parcel Service (UPS) failed exactly where rival FedEx (FDX) came up short. But unfortunately for Brown, it also failed where FedEx succeeded. It’s paid a price for it Thursday.
Stocks To Watch Today : UPS Can't Quite ID The Bottom

Con-way posts $154 million 1Q loss
SAN MATEO, Calif. (AP) -- Trucking company Con-way Inc. said Thursday it lost almost $154 million, most of it on an accounting charge. Adjusting for the non-cash accounting charge to write down the value of what used to be Contract Freighters Inc., which the company purchased in 2007, along with other adjustments, Con-way said it would have lost $19.2 million, or 42 cents per share.
Con-way posts $154 million 1Q loss - Yahoo! Finance

Old Dominion Freight Line Announces First-Quarter Earnings of $0.11 Per Diluted Share
Old Dominion Freight Line, Inc. today announced financial results for the first quarter ended March 30, 2009. Revenue for the quarter was $295.1 million compared with $368.2 million for the first quarter of 2008. Net income was $4.0 million, or $0.11 per diluted share, for the first quarter of 2009 compared with $10.4 million, or $0.28 per diluted share, for the first quarter of 2008. Old Dominion’s operating ratio was 96.6% for the first quarter of 2009 versus 94.3% for the first quarter of 2008.
Old Dominion Freight Line Announces First-Quarter Earnings of $0.11 Per Diluted Share - Yahoo! Finance

YRC Worldwide 1Q loss balloons as revenue tumbles
YRC Worldwide Inc., one of the nation's largest trucking companies, on Thursday reported a larger-than-expected first-quarter loss as hefty restructuring charges exacerbated a big drop in shipments amid the dismal economy.
YRC Worldwide booked $164 million in charges related to the integration of its Yellow and Roadway divisions and subsequent layoff of more than 3,000 workers. The company posted a loss of $257.4 million, or $4.34 per share, for the three months ending March 31, compared with a year-ago loss of $46.4 million, or 82 cents per share.
Revenue during the quarter fell 33 percent to $1.50 billion, widely missing the $1.61 billion expected by analysts.
YRC said the economy continued to hammer its operations, cutting daily tonnage for its national business by almost 30 percent and reducing daily tonnage for its regional business by 22 percent, once adjusted for the network changes.
YRC Worldwide 1Q loss balloons as revenue tumbles - Yahoo! Finance


Dow...7,957.06 +70.49 +0.89%

Nasdaq...1,652.21 +6.09 +0.37%

S&P 500...851.92 +8.37 +0.99%


KNX...17.37...+1.36...+8.49%
FDX...55.04...+1.80...+3.38%
HTLD...15.27...+0.21...+1.39%
WERN...16.01...+0.22...+1.39%
CNW...22.21...+0.00...+0.00%
JBHT...27.72...-0.20...-0.72%
LSTR...34.96...-0.44...-1.24%
SAIA...13.33...-0.27...-1.99%
ODFL...27.26...-0.61...-2.19%
UPS...53.33...-1.42...-2.59%
ABFS...21.13...-0.76...-3.47%
YRCW...3.55...-0.36...-9.21%

FDX--
Stocks To Watch Today : UPS Can't Quite ID The Bottom
FT.com / Markets - US shares struggle on economic news
Ex-FedEx worker pleads guilty in NYC heist plot - Yahoo! Finance

UPS--
UPS Down After Earnings Posted - Yahoo! Finance
US STOCKS-Banks, Apple drive Wall St higher, AmEx up late | Markets | Markets News | Reuters
Wells Fargo, Thermo Fisher, Hershey big movers - Yahoo! Finance
UPS 1Q profit plunges more than 55 pct. - Yahoo! Finance
Stocks log late-day gain after wobbly trading - Yahoo! Finance
Mad Money: Lightning Round OT: MasTec, UPS and More - Lightning Round OT - CNBC.com
Late Rally Boosts Stock Market | The Market Story | Financial Articles & Investing News | TheStreet.com
IBD's Top 10 - Thursday - Yahoo! Finance
Apple Lifts Street Despite Housing Data - Forbes.com

CNW--
Con-way posts $154 million 1Q loss - Yahoo! Finance
Live Call: Con-Way First Quarter 2009 Earnings Call - Yahoo! Finance
Con-way Inc. Reports First-quarter 2009 Results - Yahoo! Finance
Summary of CON-WAY INC. - Yahoo! Finance
Con-way hit by charges, freight drop - stock falls | Markets | Markets News | Reuters

ODFL--
Old Dominion Freight Line's First Quarter Conference Call On the Internet - Yahoo! Finance
Old Dominion Freight Line Announces First-Quarter Earnings of $0.11 Per Diluted Share - Yahoo! Finance
Old Dominion Freight profit plummets with demand - Yahoo! Finance
Summary of OLD DOMINION FREIGHT LINE INC/VA - Yahoo! Finance
Old Dominion Freight Line Q1 2009 Earnings Call Transcript -- Seeking Alpha

ABFS--
ABFS: Star Analysts for Arkansas Best Corporation - Yahoo! Finance

YRCW--
Transport Winners and Losers: JetBlue | Winners & Losers | Financial Articles & Investing News | TheStreet.com
YRC Worldwide Reports First Quarter 2009 Results - Yahoo! Finance
YRC Worldwide loses $257M in first quarter - Kansas City Business Journal:
YRC Worldwide 1Q loss balloons as revenue tumbles - Yahoo! Finance
UPDATE 2-YRC posts bigger loss on charges, freight drops | Markets | Markets News | Reuters

Poll: How Are Credit Card Companies Treating You?
The lending practices of U.S. credit card companies will be under the microscope as President Obama meets with executives from leading credit card issuers. Lawmakers have labeled some practices by credit card companies as "abusive," and are pushing for reform in the industry. We wanted to know if you feel you've been unfairly treated by the credit card companies.
CNBC.com Blogs, Television Blogs, Beat Blogs, Special Blogs - CNBC.com

GM Cuts While Chrysler Faces The End
With one week left before Chrysler faces the very real prospect of filing for Chapter 11 reorganization, and potentially a Chapter 7 liquidation, GM is acting like a company already in bankruptcy.
GM Cuts While Chrysler Faces The End - Behind the Wheel - Phil Lebeau - CNBC.com

Art Cashin: Stock Market Facing 'Significant Pullback'

Art Cashin, UBS Financial Services director of floor operations, offered CNBC his take on what traders are watching Thursday — and his predictions for the stock market in coming days
CNBC Stock Blog — Investing, Stock Market, Art Cashin, Stress Test - CNBC Stock Blog - CNBC.com

Now you are up to speed and informed.
http://www.truckingboards.com/truck...ht/58074-questions-comments-stc-thread-4.html

 

[imported_River17]

Stocks End Higher but Snap Six-Week Streak

Stocks ended higher Friday after better-than-expected results from Ford but ended lower for the week, snapping a six-week winning streak.
Stocks End Higher but Snap Six-Week Streak - Market Overview * US * News * Story - CNBC.com

CHP Kicks off Campaign to Educate Motorists About Trucks
An effort of the CHP's Commercial Industry Education Program, PACT will focus on education to increase public awareness of commercial trucks and traffic enforcement strike forces. The CHP cites the statistic that three-quarters of all truck-involved fatalities are caused by car drivers.
The goal of the program is to educate drivers about what they can do to avoid crashes with commercial vehicles. To do this, the program will provide seminars to groups and businesses on vehicle safety around commercial trucks.
Current Trucking Industry News: TruckingInfo.com : Your Source for Trucking News and Information

Saia, Inc. Reports First Quarter 2009 Results
JOHNS CREEK, Ga.--Saia, Inc. a leading multi-regional less-than-truckload (LTL) carrier, today reported first-quarter 2009 results.
First Quarter 2009 Results Compared to First Quarter 2008
Revenues were $206.1 million, a decrease of 17 percent over the prior year quarter.
Operating loss was $7.5 million compared to operating income of $2.0 million in the prior year quarter.
Net loss per share was $0.47. Net loss per share in the prior year quarter was $0.06.
Operating ratio was 103.6 vs. 99.2 in the prior year quarter.
LTL tonnage per workday was down 7.2 percent from prior year as LTL shipments per workday were down 4.8 percent with a 2.6 percent reduction in weight per shipment.
LTL yield was down 8.9 percent for the quarter primarily due to the decline in fuel surcharges.
Saia, Inc. Reports First Quarter 2009 Results - Yahoo! Finance

YRC Worldwide Inc.Q1 2009 Earnings Call Transcript
Good morning and thanks for joining us for the YRC Worldwide first quarter 2009 earnings call. Bill Zollars, the Chairman, President, and CEO of YRC Worldwide; and Tim Wicks, our CFO, will provide our comments this morning. Our operating company President Mike Smid, Keith Lovetro and Jim Ritchie are available for questions.
YRC Worldwide Inc.Q1 2009 Earnings Call Transcript -- Seeking Alpha


Dow...8,076.29 +119.23 +1.50%

Nasdaq...1,694.29 +42.08 +2.55%

S&P 500...866.23 +14.31 +1.68%


ABFS...22.02...+0.86...+4.06%
ODFL...28.27...+0.87...+3.18%
FDX...56.06...+1.02...+1.85%
WERN...16.29...+0.28...+1.75%
CNW...22.58...+0.37...+1.67%
LSTR...35.38...+0.42...+1.20%
KNX...17.54...+0.17...+0.98%
JBHT...27.98...+0.26...+0.94%
UPS...53.28...-0.05...-0.09%
HTLD...15.18...-0.08...-0.52%
SAIA...12.51...-0.82...-6.15%
YRCW...3.27...-0.28...-7.89%


FDX--
http://www.reuters.com/article/marketsNews/idINPEK34077520090424?rpc=44
Group says China's new postal law restricts market - Yahoo! Finance
Readers' Picks: TheStreet.com's Top 10 | Top Ten Stories | Financial Articles & Investing News | TheStreet.com
Best big companies to work for - FedEx (5) - FORTUNE
Fortune 500 2009: Top 1000 American Companies - FedEx - FDX - FORTUNE on CNNMoney.com
Transient by Nature, More Americans Are Staying Put - Yahoo! Finance
5 Steady Hands at the Wheel
UPDATE 2-US, China to sign billions in business deals Monday | Markets | Markets News | Reuters
Western Union testing prepaid cards in Missouri - Yahoo! Finance
FedEx to ink deal with Chinese businesses - Memphis Business Journal:
The Week and You: Stocks' Streak Snapped - General * US * News * Story - CNBC.com

UPS--
Quotes for UPS - Yahoo! Finance
UPS: Star Analysts for UNITED PARCEL SVC - Yahoo! Finance
GLOBAL MARKETS WEEKAHEAD-Accentuating the positive | Markets | Markets News | Reuters
Analysts' Upgrades, Downgrades: Marriott | Analysts' Upgrades and Downgrades | Financial Articles & Investing News | TheStreet.com

CNW--
Live Call: Con-Way First Quarter 2009 Earnings Call - Yahoo! Finance
CNW: Star Analysts for CON-WAY INC - Yahoo! Finance
A Bottom? Maybe…But a Rebound? - Trader Talk with Bob Pisani - CNBC.com
Con-way CEO: “There are some signs that our freight volumes may be nearing a bottom.”

SAIA--
Saia, Inc. Reports First Quarter 2009 Results - Yahoo! Finance
Summary of SAIA INC - Yahoo! Finance
Saia delivers deeper Q1 loss - Atlanta Business Chronicle:
Saia loses $6.3M on low demand, pricing pressure - Yahoo! Finance
Live Call: Saia, Inc. Earnings Conference Call (Q1 2009) - Yahoo! Finance
UPDATE 2-Saia Q1 loss soars on weak tonnage, lower margins | Markets | Markets News | Reuters
Earnings roundup: Horizon Lines, Moog - Yahoo! Finance
Saia Takes 1Q Loss | Transport Topics Online | Trucking, Freight Transportation and Logistics News

ODFL--
ODFL: Star Analysts for Old Dominion Freight Line, Inc. - Yahoo! Finance
Current Trucking Industry News: TruckingInfo.com : Your Source for Trucking News and Information

ABFS--
Summary of ARKANSAS BEST CORP /DE/ - Yahoo! Finance

YRCW--
Live Call: YRC Worldwide Earnings Conference Call (Q1 2009) - Yahoo! Finance
The Stress Of Waiting - Trader Talk with Bob Pisani - CNBC.com
Summary of YRC WORLDWIDE INC - Yahoo! Finance
YRC Worldwide widens loss - St. Louis Business Journal:
YRC Worldwide Inc.Q1 2009 Earnings Call Transcript -- Seeking Alpha
YRC Worldwide units enter $70M sale-leaseback contract - Kansas City Business Journal:

Most Banks Well Capitalized But May Need More, Fed Says
"Most banks" are currently well capitalized but need to hold a "substantial" amount above regulatory requirements in case the recession worsens, the Fed said in its eagerly awaited report on bank stress tests.
Most Banks Well Capitalized But May Need More: Fed - Financials * US * News * Story - CNBC.com

How Investors Can Survive In a Stock Picker's Market
Despite all the recent ups and downs, the market has been mostly stuck in a rut during April.
The tech-heavy Nasdaq has continued to rally, but the Dow and S&P 500 have been mostly range-bound. And analysts think the market is likely to wait until earnings season is over before it gets in a decisive mood.
How Investors Can Survive in a Stock-Picker's Market - Markets * US * News * Story - CNBC.com

GM To Get Another $2 Billion, Lets Pontiac Brand Die
General Motors has received another $2 billion loan from the Treasury for working capital but Chrysler has not received any new working capital, a transaction report for the Treasury's Troubled Asset Relief Program showed on Friday.
Fiat Could Play Role in Both GM and Chrysler Deals - Automotive * US * News * Story - CNBC.com

End Of The Road For Pontiac

After eight decades the Pontiac brand is about to die or be sold by GM. The auto maker will announce the end of the iconic American brand early next week. Pontiac is the latest casualty of the radical down-sizing of General Motors. The company will outline further cuts early next week, but it is GM's departure of a brand that's been around 83 years that will get the most attention.
End Of The Road For Pontiac - Behind the Wheel - Phil Lebeau - CNBC.com

Top Videos of the Week: End of Pontiac, Ford on Upswing
Top Videos of the Week - CNBC.com

Ford's Mulally: 'We Are Turning The Tide'
Seldom has a loss of almost $2 Billion ever looked so good. It's further proof that the business is turning around.
Ford's Mulally: "We Are Turning The Tide." - Behind the Wheel - Phil Lebeau - CNBC.com

Reno 911! We have A Jobs Emergency
I’m in Reno, Nevada today, where a group of Republican California legislators has come on a fact-finding mission to discover why businesses are fleeing the Golden State for the Silver State. Actually, they already know the answer. Taxes. Red tape. Regulatory agencies. The weather can only make up for so much.
Reno 911! We have A Jobs Emergency - Funny Business with Jane Wells - CNBC.com

Can California Be Saved?
As I reported in the last post, a group of 13 California Republican legislators has come to Reno, Nevada, to find out why businesses are leaving the Golden State for the Silver State. It's not rocket science, and the politicians on both sides of the Sierra know it.
Can California Be Saved? - Funny Business with Jane Wells - CNBC.com

Lessons From the Lost Decade in Stocks
Throughout the '90s, the S&P 500 rose 13 percent per year. The past decade hasn't been so kind. But hidden in the poor returns are some rich lessons for the future.
Lessons-from-the-Lost-Decade-in-Stocks: Personal Finance News from Yahoo! Finance

Banks Whine and Dine on Fees
While they hit consumers with record fees, banks try to snip the strings attached to taxpayer loans.
Yahoo! Personal Finance: Calculators,Money Advice,Guides,& More

Are Mutual Fund Ratings Deceiving?
While ratings are important to investors, they can be deceiving. In bear markets, a high-rated fund can perform just as well (or badly) as a low-rated fund can, regardless of strong performance in a bull market.
Yahoo! Personal Finance

Now you are up to speed and informed.
http://www.truckingboards.com/truck...ht/58074-questions-comments-stc-thread-4.html

 

[imported_River17]

Stocks Slide Amid Swine-Flu Fears; GM Soars

Stocks ended lower Monday amid worries that the swine-flu outbreak could derail the economic recovery. But drug makers and pharmacies advanced.
Stocks Retreat Amid Swine-Flu Fears; Pharmas Rally - Market Overview * US * News * Story - CNBC.com

Skeptical Investors Still 'Don't Quite Trust' the New President
An investor who fell asleep the day before Barack Obama's inauguration and woke up Monday might think very little had happened in the stock market since the new president took office.
Skeptical Investors Still 'Don't Quite Trust' the President - Markets * US * News * Story - CNBC.com

Trucking industry's hard times aren't hard enough?
Things are bad in the trucking industry, but they're not bad enough, an analyst said Monday. Donald Broughton, an analyst with Avondale Partners, said 480 trucking companies went out of business in the first quarter. While that seems like a big number, Broughton said that many more truckers still need to fail to improve demand for the remaining players.
Trucking industry's hard times aren't hard enough? - Yahoo! Finance

UPS makes $750K grant to National Council of La Raza
United Parcel Service Inc. gave $750,000 to Hispanic civil rights group National Council of La Raza (NCLR) to help that organization develop programs and services for Latino communities.
UPS makes $750K grant to National Council of La Raza - Atlanta Business Chronicle:

Con-way falls on downgrade over demand worries
Shares of Con-way Inc. fell Monday after an analyst downgraded the stock, warning that falling shipments and lower prices forced by stiff competition will continue to hurt the already suffering trucker.
The company acknowledged that there are still too many trucks fighting over too few shipments, and its cutting its prices to remain competitive. But it also said there are signs that demand may have stabilized, albeit at a very low level.
Con-way falls on downgrade over demand worries - Yahoo! Finance


Dow...8,025.00 -51.29 -0.64%

Nasdaq...1,679.41 -14.88 -0.88%

S&P 500...857.51 -8.72 -1.01%


KNX...17.38...-0.16...-0.91%
HTLD...14.62...-0.55...-3.63%
UPS...51.21...-2.07...-3.89%
JBHT...26.89...-1.10...-3.93%
ODFL...27.16...-1.11...-3.93%
LSTR...33.91...-1.50...-4.24%
WERN...15.52...-0.78...-4.79%
SAIA...11.90...-0.66...-5.25%
FDX...52.82...-3.24...-5.78%
ABFS...20.73...-1.30...-5.90%
CNW...20.80...-1.78...-7.88%
YRCW...2.96...-0.28...-8.64%

FDX--
US airlines let customers change Mexico travel plans | Markets | Markets News | Reuters
US businesses fret China, US protectionism may rise | Markets | Markets News | Reuters
Three Investing Certainties for Uncertain Times at SmartMoney.com
Stocks Open Lower Amid Flu Concerns - Forbes.com
Trucking industry's hard times aren't hard enough? - Yahoo! Finance

UPS--
UPS: Star Analysts for UNITED PARCEL SVC - Yahoo! Finance
Slam-Dunk Investment TIPS for 2009
UPS makes $750K grant to National Council of La Raza - Atlanta Business Chronicle:
Summary of UNITED PARCEL SERVICE INC - Yahoo! Finance
QUOTEBOX-U.S. corporate reaction to flu serious but subdued | Markets | Markets News | Reuters
Mad Money: Lightning Round OT: C.H. Robinson and More - Lightning Round OT - CNBC.com

CNW--
CNW: Star Analysts for CON-WAY INC - Yahoo! Finance
Quotes for CNW - Yahoo! Finance
Con-way falls on downgrade over demand worries - Yahoo! Finance
Con-way Inc. Board Declares Quarterly Dividend on Common Stock - Yahoo! Finance
Movers roundup: Orient-Express Hotels, Con-way - Yahoo! Finance

SAIA--
SAIA: Star Analysts for Saia, Inc. - Yahoo! Finance
Trucking industry's hard times aren't hard enough? - Yahoo! Finance

ODFL--
ODFL: Star Analysts for Old Dominion Freight Line, Inc. - Yahoo! Finance
Trucking industry's hard times aren't hard enough? - Yahoo! Finance

YRCW--
Roadway Receives 2009 NASSTRAC Carrier of the Year Award for 19th Consecutive Year - Yahoo! Finance
YRC shares plunge after 1Q report, analyst worries - Yahoo! Finance
YRC Worldwide units enter $70M sale-leaseback contract - St. Louis Business Journal:
Movers roundup: Orient-Express Hotels, Con-way - Yahoo! Finance

UAW Leaders Recommend Approval of Chrysler Deal
Factory-level leaders of the United Auto Workers union voted unanimously Monday night to recommend approval of concessions that could give a union-run trust 55 percent ownership of a restructured Chrysler.
UAW Leaders Recommend Approval of Chrysler Deal - Automotive * US * News * Story - CNBC.com

GM Offers Final Survival Plan, Bond Deal
General Motors on Monday offered its final plan to reorganize outside bankruptcy by slashing bond debt, cutting over 21,000 more U.S. jobs and emerging as a nationalized automaker under majority control by the U.S. government.
GM Offers Final Survival Plan, Bond Deal - Automotive * US * News * Story - CNBC.com

Terror Attack? No, Just Dumbest 'Photo Op' of All Time
As if the recession, bank stress tests and swine flu weren't enough to worry about on a Monday morning, an Air Force "photo op" gave New Yorkers another reason to panic.
Forget the Recession. Panic About This Plane! - There's Got To Be A Pony In Here Somewhere Blog - CNBC.com

Grading Obama's First 100 Days
Forget politics. Cramer has a better way to judge the president's performance.
Mad Money: Grading Obama's First 100 Days - Mad Cap Recap - CNBC.com

Geithner: The Fox Guarding the Henhouse?
What is going on in this country? The government is about to take over GM [GM 2.04 0.35 (+20.71%) ] in a plan that completely screws private bondholders and favors the unions.
Get this: The GM bondholders own $27 billion and they’re getting 10 percent of the common stock in an expected exchange. And the UAW owns $10 billion of the bonds and they’re getting 40 percent of the stock. Huh? Did I miss something here? And Uncle Sam will have a controlling share of the stock with something close to 50 percent ownership. And no bankruptcy judge. So this is a political restructuring run by the White House, not a rule-of-law bankruptcy-court reorganization.
Geithner: The Fox Guarding the Henhouse? - Money and Politics Blog - CNBC.com

Move Over Swine, The Bulls & Bears Are Back
Stocks show only modest weakness, despite concerns over swine flu. Airlines, hotels, cruise ships and some food processors are down, but the overall market is only fractionally to the downside.
Move Over Swine, The Bulls & Bears Are Back - Trader Talk with Bob Pisani - CNBC.com

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[imported_River17]

Stocks Skid Amid Bank, Flu Worries

Stocks ended lower Tuesday as worries that two banks that trade on the Dow may need more capital overshadowed a shot of consumer confidence.
Stocks Skid Amid Bank, Flu Worries - Market Overview * US * News * Story - CNBC.com

Deal Reached to Cut Chrysler Debt, Bankruptcy Possible
Chrysler's biggest lenders and the U.S. government reached a breakthrough framework deal to cut the automakers' debt by $6.9 billion, but bankruptcy still loomed as a strong possibility to complete restructuring.
Deal Reached to Cut Chrysler Debt, Bankruptcy Possible - Automotive * US * News * Story - CNBC.com

ATA Tonnage Index Plunges 4.5 Percent
Gains in the American Trucking Associations' truck tonnage index from the first two months of the year were erased in March.
ATA Chief Economist Bob Costello said he wasn't too surprised at March's reading. "Many fleets were telling us during March that freight was getting a little better. The problem is that freight should be significantly better in March, which is why the seasonally adjusted index fell," Costello said. "While the industry is desperate for some positive news, it is unfortunate that March's data suggests the industry has not hit bottom just yet."
Current Trucking Industry News: TruckingInfo.com : Your Source for Trucking News and Information

Truck Tonnage Drops 12.2% in March
Truck tonnage decreased 12.2% in March compared with a year ago, falling to the lowest level since March 2002, American Trucking Associations said late Monday.
Truck Tonnage Drops 12.2% in March | Transport Topics Online | Trucking, Freight Transportation and Logistics News


Dow...8,016.95 -8.05 -0.10%

Nasdaq...1,673.81 -5.60 -0.33%

S&P 500...855.16 -2.35 -0.27%


CNW...21.88...+1.08...+5.19%
SAIA...12.04...+0.14...+1.18%
FDX...53.31...+0.49...+0.93%
HTLD...14.64...+0.02...+0.14%
ABFS...21.21...+0.48...+2.32%
JBHT...26.85...-0.04...-0.15%
WERN...15.47...-0.05...-0.32%
UPS...51.04...-0.17...-0.33%
ODFL...27.01...-0.15...-0.55%
LSTR...33.70...-0.21...-0.62%
KNX...17.13...-0.25...-1.44%
YRCW...2.90...-0.06...-2.03%

FDX--
5 All-Star Stocks on Fire

UPS--
Bond Expert: Tuesday Wrap -- Seeking Alpha
Analysts' Upgrades, Downgrades: Verizon | Analysts' Upgrades and Downgrades | Financial Articles & Investing News | TheStreet.com
They're hiring! - United Parcel Service (9) - FORTUNE
In Pictures: America's Most, and Least, Popular Industries--The Rankings - Forbes.com

SAIA--
Summary of SAIA INC - Yahoo! Finance

Optimism About US Economy May Be Wishful Thinking
Consumers hoping that the worst of the recession is over may be setting themselves up for disappointment as the US economy continues to deteriorate, a panel of economists and financial experts said Tuesday.
Consumer Optimism Could End Up as Wishful Thinking - Economy * US * News * Story - CNBC.com

Dendreon's Prostate Cancer Drug 'Is a Game changer'
An experimental cancer vaccine developed by Dendreon improved three-year survival of patients with advanced prostate cancer by 38 percent compared with a placebo, according to data from a closely watched study unveiled Tuesday.
Dendreon Says Prostate Cancer Treatment Is Effective - Pharmaceuticals * US * News * Story - CNBC.com

What You Need to Know Before You Buy an American Car
As Chrysler heads toward Chapter 11 bankruptcy and General Motors tries to avoid it by slashing jobs and killing brands (first to go, Pontiac), potential car buyers are wondering how the tumult in the industry can effect their decision to buy American.
On The Money: What You Need to Know Before You Buy an American Car - On the Money - Automotive - CNBC.com

Is This The Final "Fix" For GM? No Way
GM CEO Fritz Henderson is a straight shooter. It's one of the things about him that I like. That said, how many of us believe the man when he says GMs latest restructuring plan is the final "fix" for the auto maker? Count me among those who are skeptical.
Is This The Final "Fix" For GM? No Way - Behind the Wheel - Phil Lebeau - CNBC.com

For Your Cashin, Latin America, and Index Needs
We have a few new pages for you folks.
For Your Cashin, Latin America, and Index Needs - Two Way Street with Allen Wastler: Your Direct Link With CNBC - CNBC.com

Remember The Bull Position
Stock action in the last week of the month supports bull position.
Remember the bull position: that the great decline in stock prices, combined with government support, along with economic news that will prove to be "less bad" as the months go on, is providing a floor under the stock market.
Remember The Bull Position - Trader Talk with Bob Pisani - CNBC.com

Now you are up to speed and informed.
http://www.truckingboards.com/truck...ht/58074-questions-comments-stc-thread-5.html

 

[imported_River17]

Stocks End Higher as Fed Sees Improvement

Stocks advanced but ended off their highs Wednesday after the Federal Reserve said the recession appears to be easing.
Stocks End Higher as Fed Sees Improvement - Market Overview * US * News * Story - CNBC.com

Chrysler in Last-Ditch Talks; UAW Ratifies Accord
United Auto Workers members overwhelmingly approved a concessions deal with Chrysler , the union said. The struggling automaker was also in last-ditch talks with a fractious group of lenders to try to cut its debt and avoid a bankruptcy filing.
Chrysler Talks Seen on the Rocks as Deadline Looms - Automotive * US * News * Story - CNBC.com

FedEx Warns of 'Air Trade War' If Treaty Is Rolled Back
FedEx Corp. Chief Executive Frederick W. Smith warned Wednesday of an "all-out air trade war" if the U.S. Congress moves to block efforts to further deregulate air travel between the U.S. and Europe.
FedEx Warns of 'Air Trade War' If Treaty Is Rolled Back - WSJ.com

Truck Maker Paccar Profit Falls 91 Percent
Lower build rates, temporary plant shutdowns and reduced gross margins cut profit for truck maker Paccar 91 percent in the first quarter to $26.3 million, the company said
Truck Maker Paccar Profit Falls 91 Percent | Journal of Commerce

Death of Trucker Prompts Truck Parking Bill
A bill in the U.S. House of Representatives would provide grant money to increase security and improve conditions for truck parking across the country.
Current Trucking Industry News: TruckingInfo.com : Your Source for Trucking News and Information


Dow...8,185.73 +168.78 +2.11%

Nasdaq...1,711.94 +38.13 +2.28%

S&P 500...873.64 +18.48 +2.16%
The S&P 500 has hit a 3-month high
The S&P 500 is up 9 percent in April, it's best month since March 2000.

CNW...23.41...+1.53...+6.99%
ABFS...22.55...+1.34...+6.32%
SAIA...12.66...+0.62...+5.15%
ODFL...28.24...+1.23...+4.55%
WERN...16.14...+0.67...+4.33%
YRCW...3.02...+0.12...+4.14%
FDX...55.27...+1.96...+3.68%
LSTR...34.85...+1.15...+3.41%
JBHT...27.60...+0.75...+2.79%
HTLD...15.02...+0.38...+2.60%
KNX...17.50...+0.37...+2.16%
UPS...51.79...+0.75...+1.47%

FDX--
UPDATE 1-EU probes new China postal law over trade concerns | Markets | Markets News | Reuters
FedEx Warns of 'Air Trade War' If Treaty Is Rolled Back - WSJ.com
Troubled VC sector wants aid to jumpstart IPOs | Markets | Markets News | Reuters

UPS--
In Pictures: America's Most, and Least, Popular Industries--The Rankings - Forbes.com
Fifty fearless UPS females help build stronger Toronto community - Yahoo! Finance
UPS Raising Profile in International Golf World - Yahoo! Finance
UPS adds international golf sponsorships - Business First of Louisville:

SAIA--
4-Star Stocks on the Upswing

ABFS--
Time to Buy? | Journal of Commerce

Auto Makers Will Now Be Eligible for TARP Funds
In yet another expansion of the TARP program, Treasury Secretary Timothy Geithner plans to use part of the $700 billion financial bailout fund to buy up debt from the troubled auto industry.
Auto Makers Will Now Be Eligible for TARP Funds - Economy * US * News * Story - CNBC.com

Dow 10,000 This Year? Some Pros Think It's Possible
After months of being fed doomsday scenarios, investors are now starting to take a look at stock market utopia.
Dow 10,000 By End of Year? Some Pros Think It's Possible - Markets * US * News * Story - CNBC.com

Art Cashin: 'Very, Very Sharp' Move by Friday?
Art Cashin, UBS Financial Services director of floor operations, offered CNBC his take on Wednesday's market.
CNBC Stock Blog — Investing, Stock Market, Art Cashin - CNBC Stock Blog - CNBC.com

Major Analyst Preparing For Bull Market Call
It seems that all the market wants to do is climb higher? How much longer can it keep that up?
Best Ways To Play - Tomorrows Playbook - CNBC.com

Consumers Shun Plastic as Credit Industry Losses Mount
The credit-card industry is getting hit with a double-whammy these days: losses are growing even as fewer people use plastic.
Consumers Shun Plastic as Industry Losses Mount - Credit Market * US * News * Story - CNBC.com

Obama's 100 Days: Mixed Bag for Investors
Major stock averages aren't far from where they traded on Jan. 19.
Skeptical Investors Still 'Don't Quite Trust' the President - Markets * US * News * Story - CNBC.com

Chadwick: What Hath 100 Days Wrought?
President Obama promised CHANGE in his campaign for President, and after 100 days in office, it is easy to give him a grade of A++ on keeping that promise.....It seems to me that the President’s popular appeal is in part based upon his keeping that promise to change things. That is the scary part.
Chadwick: What Hath 100 Days Wrought? - CNBC Guest Blog - CNBC.com

Pontiac Died, So Why Is Chrysler Living?
Over the last two weeks one of the more intriguing (and downright scary to some people) suggestions is the idea of the auto task force killing the Chrysler brand. I'm not talking about the Chrysler corporation, but simply the Chrysler brand.
Pontiac Died, So Why Is Chrysler Living? - Behind the Wheel - Phil Lebeau - CNBC.com

Specter’s Switcheroo and America's Lurch to the Left
My initial thought on Arlen Specter jumping the GOP ship is Katy bar the door. This is just the latest indication of a lurch to the left in Washington. It does not bode well for investors, businesses and entrepreneurs.
Specter’s Switcheroo and America's Lurch to the Left - Money and Politics Blog - CNBC.com

End Of Month Melt-Up
The S&P 500 has hit a 3-month high; shorts are looking to cover as the month closes out.
End Of Month Melt-Up - Trader Talk with Bob Pisani - CNBC.com
Market News: US Economy (Dow Jones, S&P 500, NASDAQ), World Economy, Key Commodities and More - CNBC.com

A Good Dose Of Optimism Lifts Stocks
The FOMC statement was non-controversial. Two issues might have moved stocks forward: an increase in the amount of Treasuries being purchased, and a more optimistic tone on the economy.
A Good Dose Of Optimism Lifts Stocks - Trader Talk with Bob Pisani - CNBC.com

Now you are up to speed and informed.
http://www.truckingboards.com/truck...ht/58074-questions-comments-stc-thread-5.html

 

[imported_River17]

Stocks End Flat but Gain Over 7% in April

Stocks ended flat for the day as news of a Chrysler bankruptcy filing quashed the day's gains.
But for the month of April, all three indexes ended higher. The Dow gained 7.4 percent, bringing its two-month total to about 15 percent, its best two-month streak since April 1999. The S&P jumped 7.4 percent and logged its best two-month streak since 1975. The Nasdaq advanced 12 percent, capping its best two months since 2002.
Stocks End Flat but Gain Over 7% in April - Market Overview * US * News * Story - CNBC.com

Trucking Faces Core Changes, Hebe Says
The entire North American trucking industry is in the midst of a fundamental reshaping, which will lead to flat tonnage levels for fleets and fewer truck manufacturers producing much more expensive vehicles and mostly in Mexico, said a senior executive of Navistar Inc.
Trucking Faces Core Changes, Hebe Says | Transport Topics Online | Trucking, Freight Transportation and Logistics News

Mexico to Shut Down Business to Fight Swine Flu
The Mexican government will shut down private business, including factories and transportation operations, for five days starting Friday as the country tries to halt the spread of the swine flu virus.
Mexico to Shut Down Business to Fight Swine Flu | Journal of Commerce

Mission, Texas
Officials in Mission, Texas, announced the Anzalduas International Crossing, America's newest border crossing into Mexico, will be finished later this fall.
Current Trucking Industry News: TruckingInfo.com : Your Source for Trucking News and Information

UPS Unveils New Car Design for Russ Friedman 400
Taking a break from the traditional brown UPS paint scheme, Ragan’s car will feature a special UPS Freight design to promote the Richmond, Va.-based division of UPS.
UPS Unveils New Car Design for Russ Friedman 400 - Yahoo! Finance
Big Brown is Going Gray | UPS Racing


Dow...8,168.12 -17.61 -0.22%

Nasdaq...1,717.30 +5.36 +0.31%

S&P 500...872.81 -0.83 -0.10%


FDX...55.96...+0.69...+1.25%
UPS...52.34...+0.55...+1.06%
CNW...24.78...+1.37...+5.85%
SAIA...13.06...+0.40...+3.16%
ODFL...28.15...-0.09...-0.32%
ABFS...23.08...+0.53...+2.35%
YRCW...3.03...+0.01...+0.33%
Normal Stock Screen Failed Today.

FDX--
VistaPrint Announces Strategic Alliance With FedEx Office - Yahoo! Finance
Good and Bad News About Benefit Cuts
Study: FedEx No. 5 in reputation ranking - Memphis Business Journal:
Did You Miss the Best Week to Buy Stocks?

UPS--
Quotes for UPS - Yahoo! Finance
UPS Unveils New Car Design for Russ Friedman 400 - Yahoo! Finance
Big Brown is Going Gray | UPS Racing
UPS race car turns gray for Russ Friedman 400 - Atlanta Business Chronicle:

CNW--
Menlo Worldwide Logistics Selected by Dana Mxico for Transportation Management - Yahoo! Finance
Stocks Rally as Bulls Seize Month - WSJ.com

SAIA--
Summary of SAIA INC - Yahoo! Finance

'Sell in May and Go Away' May Not Be a Good Idea This Year
The old "sell in May and go away" adage may be only partially true this year: Investors may sell a bit but aren't likely to stray very far after they do.
'Sell in May and Go Away' May Be Bad Idea This Year - Markets * US * News * Story - CNBC.com

Chrysler Makes It Official, Files for Bankruptcy
Chrysler filed for bankruptcy protection Thursday and announced it will temporarily halt most of its vehicle production while it completes a deal with Italian carmaker Fiat designed to revive its tattered fortunes.
Obama Backs Chrysler Bankruptcy As Wise Move - Automotive * US * News * Story - CNBC.com

The Biggest Winner as Detroit Is Remade: The UAW
In the devastating slump that has forced two of Detroit’s automakers to the brink of bankruptcy, the United Automobile Workers union stands to become one of the industry’s few winners.
As Detroit Is Remade, the U.A.W. Stands to Gain - Companies * US * News * Story - CNBC.com

US Economy Could Recover Much Sooner Than Expected
You've heard all the gloom and doom about this recession. Now here's some good news: the economic recovery could happen much sooner—and be much stronger—than anyone thought possible.
US Economy Could Rebound Much Sooner Than Expected - Economy * US * News * Story - CNBC.com

Radio Giant Faces Crisis in Cash Flow
It is too soon to say who will be the biggest loser among media companies in this recession. But Clear Channel Communications is vying for the title.
Radio Giant Faces Crisis in Cash Flow - Companies * US * News * Story - CNBC.com

Don't Turn America Into France
My friend Dan Mitchell from the Center for Freedom and Prosperity sent me his latest video today from - of all places - an Internet café in France.
Don't Turn America Into France - Money and Politics Blog - CNBC.com

For Stocks - May Is The "Show Me" Month
For stocks, May is "show-me time." For the past month, there has been an asset class trade: out of cash and into high-beta stocks like tech, financials, and consumer discretionary.
For Stocks - May Is The "Show Me" Month - Trader Talk with Bob Pisani - CNBC.com


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[imported_River17]

Stocks Gain for Week Amid Glimmers of Hope

WEEKEND EDITION
Stocks pulled off a gain in the final minutes of trading Friday after a rocky session as investors weighed some encouraging economic reports against gloomy earnings.
Stocks Gain for Week Amid Glimmers of Hope - Market Overview * US * News * Story - CNBC.com

Is the overnight envelope anti-green?
FedEx's environmental director responds to the idea that shipping is "wasteful" in a digital era.
The Fedex overnight envelope - is it anti-green? - May. 1, 2009

February 2009 Surface Trade with Canada and Mexico Fell 30.9 Percent from February 2008
Surface Trade between the United States and its North American Free Trade Agreement partners Canada and Mexico was 30.9 percent lower in February 2009 than in February 2008, dropping to $47.9 billion, the biggest year-to-year percentage decline on record, according to the Bureau of Transportation Statistics of the U.S. Department of Transportation.
Current Trucking Industry News: TruckingInfo.com : Your Source for Trucking News and Information

Covenant Transport Loses Less in 1Q
After years of losses, truckload carrier hopes for better things
Covenant Transport Loses Less in 1Q | Journal of Commerce

Tire and Wheel Pocket Guide for Drivers
The American Trucking Associations' Technology and Maintenance Council now offers a pocket guide, "Tire and Wheel Maintenance Basics for Drivers."
At 36 pages and in full color, this pocket guide is full of essential tips:
Current Trucking Industry News: TruckingInfo.com : Your Source for Trucking News and Information

Factory Orders Fall in March
U.S. factory orders fell in March after rising the month before, the Commerce Department said Friday.
Factory Orders Fall in March | Transport Topics Online | Trucking, Freight Transportation and Logistics News

ISM Manufacturing Index Improves
Manufacturing in the U.S. improved last month but still showed overall contraction, the Institute for Supply Management said Friday.
ISM Manufacturing Index Improves | Transport Topics Online | Trucking, Freight Transportation and Logistics News


Dow...8,212.41 +44.29 +0.54%

Nasdaq...1,719.20 +1.90 +0.11%

S&P 500...877.52 +4.71 +0.54%


ABFS...23.31...+0.23...+1.00%
ODFL...28.22...+0.07...+0.25%
LSTR...35.38...-0.23...-0.65%
UPS...51.66...-0.68...-1.30%
FDX...55.13...-0.83...-1.48%
YRCW...2.98...-0.05...-1.65%
WERN...16.07...-0.28...-1.71%
SAIA...12.82...-0.24...-1.84%
HTLD...14.66...-0.29...-1.94%
JBHT...27.46...-0.66...-2.35%
KNX...17.18...-0.50...-2.83%
CNW...23.59...-1.19...-4.80%

FDX--
Mutual Funds: All A-Twitter - Forbes.com
Beating Your Paralysis in 3 Steps
Apple's iPhone app store appeals to small businesses - May. 1, 2009
The Fedex overnight envelope - is it anti-green? - May. 1, 2009
Companies with local presence make ‘most reputable’ list - Business First of Louisville:

CNW--
Stocks Rally as Bulls Seize Month - WSJ.com
Con-way Freight Named a 2009 Green 15 Award Winner by IDG's InfoWorld - Yahoo! Finance

Latest Threat to Stock Rally: Uncertainty Over Stress Tests
Uncertainty over bank stress testing and the billions in loan losses the institutions will have to cover poses a threat to the stock market rally.
Bank Stress Tests Could Be A Major Obstacle to Stock Rally - Markets * US * News * Story - CNBC.com

Week Ahead: Stock Market Could Face Headwinds
Stocks are likely to encounter headwinds as the market tries to keep pushing higher in the week ahead.
The S&P 500 has gained in seven of the past eight weeks, and is positioned to keep rising after closing above a key resistance level Friday. The S&P finished the week up 1.3 percent, at 877, a level not seen since Jan. 9.
Stock Market Insider: The Week Ahead - Market Insider with Patti Domm - CNBC.com

The Hedge Funds Obama Decided to Blame
Peter A. Weinberg and Joseph R. Perella are part of a band of Wall Street renegades — “a small group of speculators,” President Obama called them Thursday — who helped bankrupt Chrysler.
The Lenders Obama Decided to Blame - Companies * US * News * Story - CNBC.com

Cramer: Weapons of Mass Distraction Costing You $$$
There are a lot of sideshows going on these days that distract investors from the main event, Cramer said Friday. Instead of a focus on seven out of eight great weeks in the market, we’re bombarded with stories about Chrysler, President Obama’s finger wagging at hedge funds, “stress test” delays and Ken Lewis’ chairmanship at Bank of America
Mad Money: Sideshow Job: Weapons of Mass Distraction Are Costing You Money - Mad Cap Recap - CNBC.com

Check Out Danica Patrick's New Wheels
Danica Patrick unveiled her new No. 7 race car today.....We chatted with the 27-year-old Patrick, touching on her sponsors, swimsuit covers and Twitter.
Check Out Danica Patrick's New Wheels - Sports Biz with Darren Rovell - CNBC.com

Auto Sales In US Decline, Chrysler Down 48 Percent
"The industry appears to have stabilized, as it's been fairly level for the past four months," said Jim Press, Vice Chairman and President, of Chrysler. " We know where the bottom is, and as the economy struggles to recover, vehicle sales should follow."
Auto Sales In US Decline, Chrysler Down 48 Percent - Automotive * US * News * Story - CNBC.com

Chrysler Files Motion To Sell Most Assets To Fiat
Attorneys for Chrysler said the company will file a motion by Saturday morning to sell substantially all of its assets to Italian automaker Fiat Group SpA, but that won't include eight plants, including five that the automaker revealed it will shutter by the end of next year.
Chrysler Bankruptcy Plans Show More Plant Closings - Automotive * US * News * Story - CNBC.com

Top Videos of the Week: Citi, BofA, Berkshire & More
Top Videos of the Week - CNBC.com

Stress Test Mess
Debating whether banks are pushing back to avoid a government takeover,
Video - CNBC.com

Susan Boyle Or Swine Flu: Which Describes Your Firm?
What do Susan Boyle and swine flu have in common? Clearly, both cases demonstrate that we're living in a world in which reputations can be made or broken in an instant, but there's more to them than that.
Susan Boyle Or Swine Flu: Which Describes Your Firm? - Executive Careers - CNBC.com

Pros Say: Bank Stress Tests Will Be 'Positive'
The stock market got a boost from economic reports on Friday that showed an increase in consumer confidence and improvement in the manufacturing numbers. Analysts and investors await results of the "stress tests" conducted on the nation's 19 biggest financial institutions, which will be released late Thursday afternoon next week. Find out what the experts had to say...
CNBC Pros Say: Stress Tests Will Be 'Positive' - CNBC Stock Blog - CNBC.com

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[imported_River17]

Stocks Close Up on Strong Economic Signs

Stocks continued their march higher Monday, kicking off the first full week of May on a solidly positive note that was spurred by positive economic signs and a strength in banks before the release of stress test results.
Banks, Economy Help Push Stock Rally - Market Overview * US * News * Story - CNBC.com

Trucking Company Sees Growth in a Stalled Economy
Mountain Valley Express, a less-than-truckload carrier based in Manteca, Calif., announced it is adding a new facility to its 8-terminal network with a 36-door terminal in Phoenix.
"The Phoenix Metropolitan Area is a growing market and a major connection point for Mountain Valley Express," said Scott Blevins, Mountain Valley Express president and CEO. "This expansion will allow us to continue our commitment to be a best-in-class carrier for our customers in the California and Nevada market while gaining new customers in the Arizona area."
Current Trucking Industry News: TruckingInfo.com : Your Source for Trucking News and Information

Cummins Reports Lower Revenues and Profits Due to Continued Global Recession
Cummins reported lower sales and profit in the first quarter as the global recession affected demand for the company's products around the world.
Current Trucking Industry News: TruckingInfo.com : Your Source for Trucking News and Information

Con-way Freight Honored for Being Green
Con-way Freight has been named to IDG's InfoWorld Green 15 Awards ranking for 2009. The awards recognize the 15 most innovative IT initiatives that fall under the umbrella of sustainability. The honor is part of InfoWorld's Green 15 special feature, which was published on April 22 on InfoWorld.com.
Current Trucking Industry News: TruckingInfo.com : Your Source for Trucking News and Information

Wabash Makes 790 Layoffs Permanent
Wabash National Corp. has told the 790 workers it laid off in January that it does not expect to call them back, the Associated Press reported Saturday.
Wabash Makes 790 Layoffs Permanent | Transport Topics Online | Trucking, Freight Transportation and Logistics News

Corporations Review Transport Operations as Pressure Grows to Reduce Expenses
Corporate-owned truck fleets are facing growing pressure to justify their in-house freight operations as manufacturers and retailers target transportation expenses in response to the sharp nationwide downturn in sales.
Corporations Review Transport Operations as Pressure Grows to Reduce Expenses | Transport Topics Online | Trucking, Freight Transportation and Logistics News


Dow...8,426.74 +214.33 +2.61%

Nasdaq...1,763.56 +44.36 +2.58%

S&P 500...907.24 +29.72 +3.39%


YRCW...3.56...+0.58...+19.46%
SAIA...14.11...+1.29...+10.06%
LSTR...38.34...+2.96...+8.37%
ABFS...25.23...+1.92...+8.24%
FDX...59.51...+4.38...+7.94%
CNW...25.40...+1.81...+7.67%
WERN...16.94...+0.87...+5.41%
JBHT...28.87...+1.41...+5.13%
UPS...54.12...+2.46...+4.76%
HTLD...15.28...+0.62...+4.23%
KNX...17.88...+0.70...+4.07%
ODFL...29.25...+1.03...+3.65%

FDX--
Two Ways: All Smiles in Asia-Minyanville
America's Next Top Value Stock
Cramer's 'Mad Money' Recap: New Money in the Markets | Mad Money Recap | Financial Articles & Investing News | TheStreet.com

UPS--
'Top' Financial Planner Honor Less Than It Seems. - Forbes.com
UPS and Boys & Girls Clubs of America Launch Safe Driving Program for Teenagers - Yahoo! Finance

CNW--
Current Trucking Industry News: TruckingInfo.com : Your Source for Trucking News and Information

'Too-Big-To-Fail' Banks May Be Next Hot-Button Issue
While Wall Street and the banking sector obsesses over the government’s controversial stress tests, Congress is moving on to the next hot-bottom issue—granting the government authority to take over and, if necessary, close big financial firms as part of a sweeping regulatory reform package.
'Too-Big-To-Fail' Banks May Be Next Hot-Button Issue - Economy * US * News * Story - CNBC.com

Group Seeks to Block Chrysler/Fiat, Opel Heats Up
A group of investment funds sought to block Chrysler's planned alliance with Fiat, while the Italian automaker advanced its bid to overhaul the industry by setting its sights on Germany's Opel.

What Pullback? Stock Rally Still Has Legs
One of the hottest debates on the Street these past three or four weeks is how much further the bull can run before it runs out of steam.
What Pullback? Stock Rally Still Has Legs, Strategists Believe - Market Insider with Patti Domm - CNBC.com

Chrysler's Money Pit: Losing $46 Million A Day
When you see Chrysler lost $16.8 Billion last year, you have to stop and ponder the enormity of that loss.
Chrysler's Money Pit: Losing $46 Million A Day - Behind the Wheel - Phil Lebeau - CNBC.com

Marchionne's Bold World Play
It's a gutsy move. If it works out, he will be called a genius. If it doesn't, critics will say he tried to bite off more than he could chew. Either way, Sergio Marchionne is clearly on center stage for an auto industry in turmoil. Whether or not his performance leads to rave reviews is very much up in the air, but so far he's hitting all the right notes.
Marchionne's Bold World Play - Behind the Wheel - Phil Lebeau - CNBC.com

Art Cashin: Stocks Threatened by 'Saloonful' Of Treasurys
Art Cashin, UBS Financial Services director of floor operations, told CNBC what traders will be watching Monday — and through the week.
CNBC Stock Blog — Art Cashin, Investing, Stock Market - CNBC Stock Blog - CNBC.com

Now you are up to speed and informed.
http://www.truckingboards.com/truck...ht/58074-questions-comments-stc-thread-5.html

 

[imported_River17]

Stocks Retreat Amid Stress-Test Jitters

Stocks pulled back Tuesday as the pending results for the government's bank stress test left the market a bit jittery.
Stocks Retreat Amid Stress-Test Jitters - Market Overview * US * News * Story - CNBC.com

Swift Speeds Payments, Cash Flow
Truckload carrier Swift Transportation is upgrading its internal document processing to pay drivers and bill customers faster as cash flow has become a major priority for carriers in the current economy.
Swift Speeds Payments, Cash Flow | Journal of Commerce

Melton Truck Lines Recognized for Wellness Activities
Melton Truck Lines, a flatbed carrier based in Tulsa, Okla., received the 2008 Certificate of Merit from the Oklahoma Certified Healthy Business Program. This is the second year in a row that Melton has been recognized.
Current Trucking Industry News: TruckingInfo.com : Your Source for Trucking News and Information


Dow...8,410.65 -16.09 -0.19%

Nasdaq...1,754.12 -9.44 -0.54%

S&P 500...903.80 -3.44 -0.38%


YRCW...3.64...+0.08...+2.25%
FDX...60.76...+1.25...+2.10%
UPS...55.15...+1.03...+1.90%
ABFS...25.50...+0.27...+1.07%
CNW...25.50...+0.10...+0.39%
HTLD...14.99...-0.29...-1.90%
LSTR...37.59...-0.75...-1.96%
ODFL...28.64...-0.61...-2.09%
WERN...16.54...-0.40...-2.36%
KNX...17.35...-0.53...-2.96%
JBHT...27.96...-0.91...-3.15%
SAIA...13.62...-0.49...-3.47%

FDX--
Bond Expert: Tuesday Wrap -- Seeking Alpha
Twitter Tips for the Engaged Entrepreneur | Technology Management Series | Financial Articles & Investing News | TheStreet.com
Cramer's 'Mad Money' Follow-Up: Tekelec | Mad Money Follow-Up | Financial Articles & Investing News | TheStreet.com

UPS--
Protectionist sentiment among Canadian SMEs highest in Quebec - Yahoo! Finance
UPS Expanding Global Network of Field Stocking Locations - Yahoo! Finance
UPS plots Asia-Pacific growth - Business First of Louisville:
UPS plans 130 new warehouses in India - Yahoo! Finance
This Is Why Buffett's Buying Stocks

CNW--
Menlo Worldwide Logistics Signs Contract With Curves International - Yahoo! Finance
Con-way unit scores gym chain Curves as client - San Francisco Business Times:

ABFS--
Summary of ARKANSAS BEST CORP /DE/ - Yahoo! Finance

Stress Test Results Won't End The Uncertainty Over Banks
The stress tests are more of a mid-term exam than a final one for the 19 biggest financial institutions and the government results due out Thursday may not do much to end the uncertainty over the financial health of the banking industry.
Stress Test Results Won't End Uncertainty Over Banks - Economy * US * News * Story - CNBC.com

Bank of America to Need $34 Billion in Capital: Source
Bank of America has been deemed to need an additional $34 billion in capital, according to the results of a government stress test, a source familiar with the results said on Tuesday.
Bank of America to Need $34 Billion in Capital: Source - Financials * US * News * Story - CNBC.com

GM May Seek 1-For-100 Reverse Stock Split
General Motors says it may offer current shareholders a reverse stock split that would give them one share of new stock for every 100 shares they currently own.
GM May Seek 1-For-100 Reverse Stock Split - Automotive * US * News * Story - CNBC.com

Cramer: Keys to a Continued Rally
The Dow trended down on Tuesday, Cramer told viewers, because all the wrong stocks went up.
Mad Money: Keys to a Continued Rally - Mad Cap Recap - CNBC.com

Venezuela Readies Law to Seize Some Oil Services
Venezuela's Congress on Tuesday gave initial approval for state seizure of a group of oil service companies, upping the ante in a months-long dispute over billions of dollars in unpaid debts.
Venezuela Readies Law to Seize Some Oil Services - All * Energy * News * Story - CNBC.com

World's Best Places to Live
Each year, Mercer Consulting assembles its ranking of 215 cities worldwide, based on a quality of living point-scoring index that uses New York City as a base comparison.
The World’s Best Places To Live 2009 - Slideshows - CNBC.com

Is 'Sell in May' Really a Good Strategy?
There is an adage on Wall Street that says "Sell in May, and stay away" referring to the fact that historically, the six-month period between May 1 and Oct 31 is the worst performing 6-month period of the year. But is that the correct way to look at things?
Is "Sell in May" a Good Strategy? - CNBC By The Numbers - CNBC.com

Honda Pushes Higher
Last Friday, as most people focused on Chrysler going bankrupt, making its first appearance in bankruptcy court and the mounting questions about whether its future was bright or bleak, Honda moved a little higher. It was typical Honda done with little fanfare. The "Steady-Eddie" of the car business moved past Chrysler to become number 4 in U.S. auto sales this year.
http://www.cnbc.com/id/30578883

Fast Track Bankruptcy? Chrysler Looking To Fly
As the bankruptcy hearings about creating a new Chrysler pick up steam in New York, it's becoming crystal clear how quickly the Federal Government wants to re-structure the ailing auto maker.
Fast Track Bankruptcy? Chrysler Looking To Fly - Behind the Wheel - Phil Lebeau - CNBC.com

Jack Kemp’s Big Ideas
When I first visited with Jack Kemp in his congressional office in Washington, D.C., in the late 1970s, I couldn’t help but notice the row of books on his desk.
Jack Kemp’s Big Ideas - Money and Politics Blog - CNBC.com

The Bulls Are Getting Louder
Yesterday was another 90 upside day (where 90 percent of the volume was on the upside), which, according to Lowry, is the eighth 90 percent upside day since the market bottom on March 9th.
The Bulls Are Getting Louder - Trader Talk with Bob Pisani - CNBC.com

Now you are up to speed and informed.
http://www.truckingboards.com/truck...estions-comments-stc-thread-5.html#post613221

 

[imported_River17]

Stocks Pull Off a Gain After Rocky Session

Stocks pulled off a gain after a turbulent session Wednesday as investors weighed reports that indicated the pace of layoffs is beginning to slow against worries that the rally may be getting ahead of itself.
Stocks Pull Off a Gain After Rocky Session - Market Overview * US * News * Story - CNBC.com

Detroit Diesel BlueTec Customer Demo Units In Use
Detroit Diesel's first two BlueTec emissions technology customer demo units are being evaluated by Schneider National. The units are being integrated into Schneider's fleet to gain real-world experience with the technology in advance of EPA 2010 regulations.
Current Trucking Industry News: TruckingInfo.com : Your Source for Trucking News and Information

Frozen Food Express Loses $6.1M
Frozen Food Express Industries lost $6.1 million in the first quarter despite moves to cut costs in the difficult trucking environment.
Frozen Food Express Loses $6.1M | Journal of Commerce

Navistar Offers Custom Engineering
Navistar launched its Custom Engineering group to make modifications and add unique features to many of its heavy and severe service trucks.
Current Trucking Industry News: TruckingInfo.com : Your Source for Trucking News and Information


Dow...8,512.28 +101.63 +1.21%

Nasdaq...1,759.10 +4.98 +0.28%

S&P 500...919.53 +15.73 +1.74%


YRCW...4.20...+0.56...+15.38%
CNW...27.26...+1.76...+6.90%
HTLD...15.89...+0.90...+6.00%
WERN...17.48...+0.94...+5.68%
SAIA...14.32...+0.70...+5.14%
KNX...18.20...+0.85...+4.90%
LSTR...39.37...+1.78...+4.74%
JBHT...29.28...+1.32...+4.72%
ABFS...26.38...+0.88...+3.45%
ODFL...29.50...+0.86...+3.00%
FDX...61.71...+0.95...+1.56%
UPS...55.83...+0.68...+1.23%

FDX--
UPDATE 3-D.Post to speed cost cuts, sees no need for M&A | Markets | Markets News | Reuters
U.S. Postal Service posts $1.9 bln quarterly loss | Markets | Markets News | Reuters
U.S. Postal Service loses $1.9 billion - San Francisco Business Times:
Deutsche Post 1Q net profit jumps to euro944 million - Yahoo! Finance

UPS--
Why Bad News Isn't Always Bad

CNW--
Global Trucking Company, Con-way, Chooses Kenexa for Employee Engagement Survey Solution - Yahoo! Finance
Summary of CON-WAY INC. - Yahoo! Finance
Current Trucking Industry News: TruckingInfo.com : Your Source for Trucking News and Information

YRCW--
YRC Worldwide: Shareholders should reject RiskMetrics’ advice - Kansas City Business Journal:


Bank Stress Tests: 'Whole Process Has Been a Fiasco'
The bank stress tests may not only be misguided policy, critics say, but may actually conflict with two other key government initiatives.
Bank Stress Tests: 'This Whole Process Has Been a Fiasco' - Economy * US * News * Story - CNBC.com

General Motors Is Said to Seek Stake in Fiat
Four years after paying $2 billion to extricate itself from a partnership with Fiat, General Motors is seeking a stake in the Italian automaker in exchange for its Latin American and European operations.
Company Story - Companies * US * News * Story - CNBC.com



Prepare For Correction, History Not With Bulls
Considering the S&P is up 35% from its bear market low -- and up 5% this month alone – we can’t help but wonder, is the run sustainable?
Buckle Up, Bumpy Road Ahead! - Rapid Recap - CNBC.com

GM Runs Due Diligence on 10 Saab Bidders: Source
General Motors is running due diligence on about 10 bidders for Saab, as the first round of bids for the Swedish brand has attracted Chinese automakers, European investor groups and private equity firms, a source familiar with the matter told Reuters.
GM Runs Due Diligence on 10 Saab Bidders: Source - Automotive * US * News * Story - CNBC.com

Ford Can Profit From Selling Small Cars in US: Mulally
Ford announced on Wednesday it will invest $550 million into converting its Michigan truck plant into a facility that will build the next generation smaller-size and fuel efficient Ford Focus line and an electrical car due out in 2011.
http://www.cnbc.com/id/30601998

Ford's Big Bet Going Small And Green
This is for all of you who have complained, groused, wondered, and offered pointed opinions about the Big 3 not being committed to smaller, greener cars. For those of you who have scoffed at the idea of Detroit making money on compact cars built in the U.S., Ford believes it will prove you wrong.
http://www.cnbc.com/id/30598716

"Much Less Bad" - The New Standard
As we get better economic news, stocks set the bar higher. I noted this morning that "less bad" was no longer good enough to move stocks forward, the new standard is "much less bad," and even that may not last long.
"Much Less Bad" - The New Standard - Trader Talk with Bob Pisani - CNBC.com

Now you are up to speed and informed.
http://www.truckingboards.com/truck...ht/58074-questions-comments-stc-thread-5.html

 

[imported_River17]

Dow Loses 1.2% as Banks, Techs Skid

Stocks declined Thursday as bank stocks took a hit and techs dragged on the Nasdaq. The losses deepened after a weak government bond auction.
Dow Loses 1.2% as Banks, Techs Skid - Market Overview * US * News * Story - CNBC.com

Pacer Loses $177 Million
Forced to take a large write-down of “goodwill” as business weakened, intermodal provider Pacer International posted a net loss of $177.4 million for the first quarter and warned it might not meet upcoming debt covenants.
Pacer Loses $177 Million | Journal of Commerce

'Jason's Law' Introduced in Senate
New York Sen. Chuck Schumer has introduced companion legislation in the Senate to a bill in the House that would implement a pilot program to address shortages in safe parking for commercial motor vehicles on the National Highway System.
Current Trucking Industry News: TruckingInfo.com : Your Source for Trucking News and Information

Quality Distribution’s 1Q Loss Narrows
Tank truck carrier Quality Distribution reported a first-quarter loss of $300,000, or 2 cents a share, compared with a loss of $1.9 million, or 10 cents, a year ago.
Quality Distribution’s 1Q Loss Narrows | Transport Topics Online | Trucking, Freight Transportation and Logistics News


Dow...8,409.85 -102.43 -1.20%

Nasdaq...1,716.24 -42.86 -2.44%

S&P 500...907.39 -12.14 -1.32%


CNW...28.15...+0.89...+3.26%
YRCW...4.30...+0.10...+2.38%
UPS...55.83...+0.00...+0.00%
WERN...17.30...-0.18...-1.03%
HTLD...15.66...-0.23...-1.45%
ODFL...29.04...-0.46...-1.56%
KNX...17.87...-0.33...-1.81%
LSTR...38.43...-0.94...-2.39%
ABFS...25.69...-0.69...-2.62%
JBHT...28.48...-0.80...-2.73%
FDX...59.32...-2.39...-3.87%
SAIA...13.31...-1.01...-7.05%

FDX--
7 Stocks That Are Swimming in Cash
U.S. Postal Service loses $1.9 billion - Orlando Business Journal:
Videos On Stock Market & Wall Street News, Trading & Investing News & Market Analysis Videos | TheStreet.com

UPS--
UPS Shareowners Elect Board, Reappoint Deloitte & Touche - Yahoo! Finance
UPS shareholders elect board, OK compensation plan - Yahoo! Finance
UMB Financial CEO Mariner Kemper Interview
UPS Pairing Its Driving Experts with Teenagers for Safety - Yahoo! Finance
Summary of UNITED PARCEL SERVICE INC - Yahoo! Finance

CNW--
Con-way Chief Executive Officer to Address Longbow Conference - Yahoo! Finance

SAIA--
SAIA: Income Statement for Saia, Inc. - Yahoo! Finance

ODFL--
Old Dominion Freight Line to Present at the Longbow Research Transportation & Logistics Investor Conference - Yahoo! Finance
Summary of OLD DOMINION FREIGHT LINE INC/VA - Yahoo! Finance

ABFS--
Arkansas Best Corporation to Appear at the Longbow Research Transportation & Logistics Investor Conference - Yahoo! Finance

Stress Tests: Ten Banks Need to Raise $74.6 Billion in Capital
U.S. regulators told top banks to raise $74.6 billion to build a capital cushion officials hope will restore faith in financial firms and set a course out of the deepest recession in decades.
Stress-Test Results Show Banks Need $74.6 Billion More - Markets * US * News * Story - CNBC.com

After Stress Tests: Investors Look for Winners and Losers
While few expect banks to lead the market, reaction to the stress test results could signal where stocks are headed next.
After Stress Tests, Investors Look for Winners and Losers - Markets * US * News * Story - CNBC.com

GM's 'Revenue Implosion' Blows Hole In Q1 Results
When you burn through $113 million every day, it seems ludicrous to say that the quarter turned out a little better than expected.
GM blows hole...

Sorry, Slackers. Time to Get a Job!
The good news is that companies are starting to hire again. The bad news? You can no longer blame the recession for your laziness. Time to tuck in your shirt, slowly back away from the Wii remote and get a job!
Sorry, Slackers. Time to Get a Job! - There's Got To Be A Pony In Here Somewhere Blog - CNBC.com

"Gangster Government" An Interview with Tom Lauria
Hat tip to my friend Michael Barone, who coined the term “gangster government” to describe Team Obama’s bullying threats against the senior bondholders in the Chrysler bankruptcy, where constitutionally backed contract rights have been overturned. It shows the corruptive nature of the whole TARP program and the government’s control along with it. This is corroding the animal spirits of democratic capitalism, which rely on the rule of law.
"Gangster Government" An Interview with Tom Lauria - Money and Politics Blog - CNBC.com

Cisco Beats, Now We Await Chambers' Mood
Cisco Systems beat, and beat big Wall Street's expectations, reporting 30 cents a share in profits on $8.2 billion in revenue. The Street expected 25 cents a share on $8.07 billion in revenue, according to First Call. In fact, this might be one of the biggest, if not THE biggest EPS beat by the company in its history.
Cisco Beats, Now We Await Chambers' Mood - Tech Check with Jim Goldman - CNBC.com

Techs Showing Some Weakness
Cisco, down 4 percent, put up "good, but not great" numbers, according to one regularly Cisco trader.
Techs Showing Some Weakness - Trader Talk with Bob Pisani - CNBC.com

Is This The Pause?
This may be the pause that so many have been predicting. My trader email this afternoon is full of the following quotes: "profitable trades coming off", "raising cash again," "certainly starting to get more sellers," "people taking profits." Volume is heavy for the third day in a row.
The poor 30-year auction has caused a second leg down in stocks. The rally, which has seen the S&P move up nearly 5 percent this week alone, was showing signs of pausing this morning, when for the second day in a row traders sold the rally right at the open.
Is This The Pause? - Trader Talk with Bob Pisani - CNBC.com

Now you are up to speed and informed.
http://www.truckingboards.com/truck...ht/58074-questions-comments-stc-thread-5.html

 

[imported_River17]

Stocks Gain 4.4% for Week as Banks Rally

WEEKEND EDITION

Stocks capped another strong week with a triple-digit rally Friday as Wall Street breathed a sigh of relief after the stress-test results and banks soared
Stocks Gain 4.4% for Week as Banks Rally - Market Overview * US * News * Story - CNBC.com

Return of Le Car
"When you buy a car, I hope it will be a Democratic car."
Oops. We have misquoted the president. He said last week he hoped you would buy an "American car" -- though apparently not one built in a red state in a plant owned by Japanese or German investors. He meant a car built by a company headquartered in Detroit, even if the car itself is assembled in Mexico or Canada. How confusing.
Yup. Mr. Marchionne has kept his skin out of the game for a reason. Don't expect him to reach for Fiat's modest checkbook until Team Obama can explain exactly how Chrysler is supposed to make money building the "green cars" Mr. Obama wants it to build. But you already know the answer: You, the taxpayer, have not finished chipping in to keep Fiat-Chrysler alive.
Return of Le Car - WSJ.com

Volvo Calls for Longer, Heavier Trucks
Volvo Trucks North America said the United States should adopt a policy of allowing longer, heavier trucks on the nation’s highways as a way to increase driver productivity and to conserve fuel.
Volvo Calls for Longer, Heavier Trucks | Transport Topics Online | Trucking, Freight Transportation and Logistics News

Agriculture Hours of Service Exemption Under Attack in Washington
The Commercial Vehicle Safety Alliance and Advocates for Highway and Auto Safety this week sent a letter to leaders of the House Transportation and Infrastructure Committee urging them to repeal the driver hours-of-service exemptions for agriculture and utility drivers.
Current Trucking Industry News: TruckingInfo.com : Your Source for Trucking News and Information

April Costs Truckers 16,000 More Jobs
The U.S. trucking industry shed more than 16,000 jobs in April, the Labor Department said, as part of a 38,000 job loss in the transportation and warehousing sector.
http://www.joc.com/node/411259


Dow...8,574.65 +164.80 +1.96%

Nasdaq...1,739.00 +22.76 +1.33%

S&P 500...929.23 +21.84 +2.41%


YRCW...4.57...+0.27...+6.28%
UPS...57.62...+1.79...+3.21%
SAIA...13.65...+0.34...+2.55%
WERN...17.58...+0.28...+1.62%
FDX...60.06...+0.74...+1.25%
HTLD...15.82...+0.16...+1.02%
CNW...28.35...+0.20...+0.71%
ABFS...25.77...+0.08...+0.31%
ODFL...28.98...-0.06...-0.21%
KNX...17.78...-0.09...-0.50%
JBHT...28.29...-0.19...-0.67%
LSTR...37.86...-0.57...-1.48%

FDX--
Cleared for Takeoff: Obama Budget’s Green Take on Air Travel - Environmental Capital - WSJ
Idaho House, Senate likely to adjourn Friday - Yahoo! Finance
Valero may close Memphis plant if state law passes | Markets | Markets News | Reuters

UPS--
Summary of UNITED PARCEL SERVICE INC - Yahoo! Finance

CNW--
Summary of CON-WAY INC. - Yahoo! Finance

Big US Banks May Be Headed For Extinction—And Soon
In the world of banking, too-big-to-fail may be in the process of morphing into too-big-to-exist.
Big US Banks May Be Headed For Extinction—And Soon - Markets * US * News * Story - CNBC.com

Market Insider: Wall Street's Bull Is Tired but Not Out
The stock market's two-month-old bull run is getting tired, but it still may not be ready to pause.
Stock Market Insider: The Week Ahead - Market Insider with Patti Domm - CNBC.com

Drive Your Dream Car For Under $1000
A new breed of companies is looking to tap this demand by making the high-end, turbocharged experience more affordable.
Drive Your Dream Car For Under $1000 - Slideshows - CNBC.com

Dale Earnhardt, Jr.
Even though he’s only won twice in his last 110 races, Dale Earnhardt Jr.’s value as an endorser keeps growing.
Dale Earnhardt Jr. wouldn't exactly recognize Victory Lane if he drove right into it.
The Biggest Loser: Dale Earnhardt Jr. - Sports Biz with Darren Rovell - CNBC.com

Dissident Bond Group Drops Fight Against Chrysler Plan
The group of dissident Chrysler bond holders challenging Chrysler's government-backed restructuring plans, said Friday that it is dropping its court fight.
Dissident Bond Group Drops Fight Against Chrysler plan - Automotive * US * News * Story - CNBC.com

Saturn, Pontiac, Chrysler: Is it Fire-Sale Time?
Last week, General Motors announced that it will phase out the Pontiac brand in 2010 and that it will stop building Saturns at the end of this model year. A few days later, Chrysler LLC, which includes the Chrysler, Jeep and Dodge brands, filed for Chapter 11 bankruptcy.
Is it fire-sale time at dealers?

Charts: This Rally Has Bull Characteristics
The S&P 500 is giving strong technical signals it has entered a bull market and next week could confirm whether the index has finally shaken off the bear, independent trader Bill McLaren told CNBC Friday.
Charts: This Rally Has Bull Characteristics - Economy * Europe * News * Story - CNBC.com

Art Cashin: Banks, Fed Will Hurt Credit Even More
Jobs and financials each gave investors cause for relief — and continued questions.
Cashin has another concern: "The Fed is raising money here, banks are raising money there. So the credit markets are going to get a little tough here."
CNBC Stock Blog — Art Cashin, Stock Market, Investing, Banks - CNBC Stock Blog - CNBC.com

The Recession Can Help Your Career
More or less anyone still standing to survey the wreckage can begin to consider themselves a survivor, and should be starting to look forward at what comes next, and how we pull ourselves out of this.
The Recession Can Help Your Career - Executive Careers - CNBC.com

Toyota Tumbles: Slow Reaction Hammers Auto Giant
The fact Toyota posted it's first annual loss in 75 years is not surprising- almost every auto maker lost money this year. The fact this company lost $6.9 Billion in the quarter ending this March is staggering, but not so out of line that people are shocked. What is surprising is Toyota CEO Katsuaki Watanabe telling reporters in Tokyo his company was "lacking in the scope and speed of dealing with various issues."
Toyota Tumbles: Slow Reaction Hammers Auto Giant - Behind the Wheel - Phil Lebeau - CNBC.com

Enough Corrosion And Corruption
This week on CNBC’s Kudlow Report I repeatedly called for the resignation of New York Fed chairman Steve Friedman over his blatant conflicts of interest with Goldman Sachs.
Enough Corrosion And Corruption - Money and Politics Blog - CNBC.com

Who's Leading, Who's Lagging This Week
S&P up over 5 percent this week, you would think the entire market is rallying.
Who's Leading, Who's Lagging This Week - Trader Talk with Bob Pisani - CNBC.com

Now you are up to speed and informed.
http://www.truckingboards.com/truck...ht/58074-questions-comments-stc-thread-5.html

 

[imported_River17]

Stocks Shed 1.8% as Banks Skid; Techs Gain

Stocks retreated Monday as investors took a breather after last week's run. After a better-than-expected payrolls report on Friday, a survey out Sunday suggested the U.S. economy will resume growing in the third quarter.
Stocks Pull Back as Financials Lose Steam - Market Overview * US * News * Story - CNBC.com

Private Equity on Transportation
Fenway Partners sees mergers and acquisitions market waiting out downturn
A senior executive with a private equity firm with strong holdings in transportation says the market for mergers and acquisitions remains frozen,
with potential buyers cautious about completing deals and weakened companies leery of selling out at market lows.
Private Equity on Transportation | Journal of Commerce

"Mr. Wind" Named SC&RA Truck Driver of the Year
Rudy Moreno, Anderson Trucking Service, St. Cloud, Minn., was named Truck Driver of the Year by the Specialized Carriers & Rigging Association.
In his 17 years with the company, he has driven more than 1.4 million accident-free miles as a professional driver, while earning a reputation for maintaining a top-notch work ethic.
Current Trucking Industry News: TruckingInfo.com : Your Source for Trucking News and Information

California Leads Nation in Poor Roads
California's major urban roadways are the roughest in the nation, while overall, driving on rough roads costs the average American motorist approximately $400 a year in extra vehicle operating costs........
"The whole system is cracking," says Mark Watts, executive director of Transportation California. "Almost half of the urban areas with the worst road conditions are found in California. Despite our successes in increasing transportation infrastructure investment over the past few years, we are not even close to digging ourselves out of the hole that years of neglect created."
Current Trucking Industry News: TruckingInfo.com : Your Source for Trucking News and Information

DHS Ending Trucking Security Program
Targets Successor to ATA’s Highway Watch
DHS Ending Trucking Security Program | Transport Topics Online | Trucking, Freight Transportation and Logistics News


Dow...8,418.77 -155.88 -1.82%

Nasdaq...1,731.24 -7.76 -0.45%

S&P 500...909.24 -19.99 -2.15%


SAIA...13.52...-0.13...-0.95%
LSTR...37.39...-0.47...-1.24%
KNX...17.47...-0.31...-1.74%
JBHT...27.70...-0.59...-2.09%
CNW...27.71...-0.64...-2.26%
WERN...17.17...-0.41...-2.33%
HTLD...15.33...-0.49...-3.10%
UPS...55.83...-1.79...-3.11%
ABFS...24.76...-1.01...-3.92%
ODFL...27.64...-1.34...-4.62%
FDX...57.17...-2.89...-4.81%
YRCW...4.04...-0.53...-11.60%

FDX--
Quotes for FDX - Yahoo! Finance
U.S. Postal Service find ways to save money - May. 11, 2009
2-Star Stocks Poised to Plunge: UPS?
FedEx falls as analyst cuts stock on demand woes - Yahoo! Finance
Beyond the Lede: Playing the Economic Data - Yahoo! Finance
Frontier Idles Through Tough Times

UPS--
2-Star Stocks Poised to Plunge: UPS?
UPS spent more than $1.3M lobbying gov't in 1Q - Yahoo! Finance

CNW--
Current Trucking Industry News: TruckingInfo.com : Your Source for Trucking News and Information

ABFS--
ABFS: Income Statement for Arkansas Best Corporation - Yahoo! Finance

YRCW--
Summary of YRC WORLDWIDE INC - Yahoo! Finance

Stock Pullbacks Then and Now: Is History About to Repeat Itself?
With stocks jumping 35 percent in less than two months, you can't help but ask the question: Is history repeating itself?
Stock Rallies Then and Now: Is History Repeating Itself? - Markets * US * News * Story - CNBC.com

'Sell in May and Go Away' May Not Be a Good Idea This Year
The old "sell in May and go away" adage may be only partially true this year: Investors may sell a bit but aren't likely to stray very far after they do.
Despite a massive April rally that gave the indexes their highest monthly percentage gains in years, market pros remain fairly confident even if they do expect some natural pullback to happen along the way.
'Sell in May and Go Away' May Be Bad Idea This Year - Markets * US * News * Story - CNBC.com

GM CEO: Bankruptcy Likely; Firm May Leave Detroit
General Motors is open to considering moving its headquarters from Detroit, selling off U.S. plants and even renegotiating parts of its restructuring plan with its major union, the new chief executive said Monday.
GM CEO: Bankruptcy Likely; Firm May Leave Detroit - Automotive * US * News * Story - CNBC.com

General Motors to Let Go of Thousands of Dealers
The automaker plans to let go of thousands of dealers in its restructuring plan, with George Magliano, Global Insight and CNBC's Phil Lebeau.
Video - CNBC.com

The Six-Figure Job No One Wants
If you’re having trouble finding a job in the U.S., maybe you should look Down Under. One firm has had a six-figure job open for months with no qualified takers.
The Six-Figure Job No One Wants - Theres Got To Be A Pony In Here Somewhere Blog - CNBC.com

Tech Will Lead S&P to 1047: Strategist
This market rally has legs, and we think the S&P 500 will reach 1047, said Brian Belski, chief investment strategist at Oppenheimer.
CNBC Stock Blog — CNBC.com, Stocks, Technology Stocks, S&P 500 - CNBC Stock Blog - CNBC.com

President Obama's Deferral Proposal Hamstrings U.S. Companies & Reduces Jobs
Last week, President Obama proposed to severely restrict "deferral," supposedly to "eliminate tax breaks for companies that move jobs offshore." In other words, he basically blasted American-based international corporations as tax cheats and is launching a big tax hike on all of them.
President Obama's Deferral Proposal Hamstrings U.S. Companies & Reduces Jobs - Money and Politics Blog - CNBC.com

Whitney's "Rotten Assets" Call
Bank stocks, weak at the open, took another turn down at 3:15 PM ET after analyst Meredith Whitney came on our air and said many of the banks were sitting on "rotting assets."
Whitney's "Rotten Assets" Call - Trader Talk with Bob Pisani - CNBC.com
When The News Drops Off - Trader Talk with Bob Pisani - CNBC.com
Even Non Stress Test Banks Raising Money - Trader Talk with Bob Pisani - CNBC.com

Now you are up to speed and informed.
http://www.truckingboards.com/truck...ht/58074-questions-comments-stc-thread-5.html

 

[imported_River17]

Consumer Stocks Boost Dow; Banks, Tech Slip

The Dow closed positive as consumer and health care stocks rose, though weakness in technology and banks prevented larger gains.
Consumer Stocks Boost Dow; Banks, Tech Slip - Market Overview * US * News * Story - CNBC.com

Time Is Right to Re-Think Truck Productivity, Volvo Trucks Says
Increasing road congestion, inadequate infrastructure and the continued need to reduce the environmental impact of trucks means the trucking industry, policymakers and the general public must be open to new ways of increasing highway freight transport productivity, according to Volvo Trucks North America. This includes use of longer, heavier and more productive trucks as part of the national transportation mix.
Current Trucking Industry News: TruckingInfo.com : Your Source for Trucking News and Information

Freightliner, Eaton Partner on Hybrid Truck
Vehicle will reduce fuel use, emissions by 30 percent
Truck maker Freightliner and drive train manufacturer Eaton have developed an electric hybrid delivery truck for the propane gas market.
Freightliner, Eaton Partner on Hybrid Truck | Journal of Commerce

Bill Would Offer Federal Grants to Create Truck Parking Spaces
A new legislative proposal would provide $20 million in each of the next six years for a pilot program designed to generate more truck parking spaces across the country.
Bill Would Offer Federal Grants to Create Truck Parking Spaces | Transport Topics Online | Trucking, Freight Transportation and Logistics News


Dow...8,469.11 +50.34 +0.60%

Nasdaq...1,715.92 -15.32 -0.88%

S&P 500...908.35 -0.89 -0.10%


ABFS...24.37...-0.39...-1.58%
ODFL...27.10...-0.54...-1.95%
UPS...54.64...-1.19...-2.13%
WERN...16.80...-0.37...-2.15%
CNW...27.07...-0.64...-2.31%
JBHT...26.97...-0.73...-2.64%
HTLD...14.88...-0.45...-2.94%
LSTR...36.21...-1.18...-3.16%
FDX...55.12...-2.05...-3.59%
SAIA...12.97...-0.55...-4.07%
KNX...16.74...-0.73...-4.18%
YRCW...3.55...-0.49...-12.13%

FDX--
FedEx Grounds opens distribution center in South Brunswick | mycentraljersey.com | MyCentralJersey.com
Securing America's Future Energy :: FedEx CEO Smith, former EUCOM Deputy Commander Wald Testify on Energy Security

UPS--
Fineffe Group Becomes Franchisor for International Mail Boxes Etc. - Yahoo! Finance
This Just In: Upgrades and Downgrades
UPS sells MBE brand outside US, Canada, India - Yahoo! Finance

ABFS--
Arkansas Best Corporation to Appear at the Wolfe Research Global Transportation Conference - Yahoo! Finance

YRCW--
YRC Worldwide CFO to Present at Wolfe Transportation Conference - Yahoo! Finance

Retail Sales, Geithner and Which Way the Dollar
Good news from Intel will compete with fresh economic data and a speech by the Treasury secretary for investors' attention ahead of the opening.
Market Insider: Wednesday Look Ahead - Market Insider with Patti Domm - CNBC.com

Ford Raises $1.4 Billion Through Offering
Ford Motor said Tuesday that it raised $1.4 billion through a 300 million share offer for $4.75 per share, a move that its chief executive said was an important step toward getting profitable again.
Ford Raises $1.4 Billion Through Offering - Automotive * US * News * Story - CNBC.com

Art Cashin: Markets Are 'Not Going Back to 2007'
Pimco's CEO Mohamed El-Erian warned that slower global growth is "the new normal." What about the shorter term? Art Cashin, UBS Financial Services director of floor operations, gave CNBC his insights for this week — and the long horizon.
CNBC Stock Blog — CNBC.com — Art Cashin on Stocks - CNBC Stock Blog - CNBC.com

Pros Say: Market Bottom in Second Half of 2009
“I see us bottoming out in the second half of the year,” said Nigel Gault of HIS Global Insight. However, he doesn’t expect a strong recovery. He said it would be very unusual to see a strong recovery after a huge financial shock.
CNBC Pros Say: Stock Market Bottom in Second Half of 2009 (UPDATED) - CNBC Stock Blog - CNBC.com

Deep in the Red
Video: With many economists believing the worst is behind us, why is California hurting so bad?
Video - CNBC.com

The Four 'Best Value' Cars on the Road
There’s a silver lining – or two – to every recession. This time around, it very well may the “Crazy Eddie” style deals on new cars as automakers and dealers struggle to move inventory off the lots and into the hands of penny-pinching consumers.
On The Money: The Four 'Best Value' Cars on the Road - On the Money - Automotive - CNBC.com

Chrysler Dealers Will Be Able to Get GMAC Financing
A bankruptcy judge on Tuesday ruled that GMAC Financial Services can become Chrysler's preferred lender, potentially sending a slew of new business to the financing company and ensuring that Chrysler's dealers will have access to the loans they need to stay in business.
Chrysler Dealers Will Be Able to Get GMAC Financing - Automotive * US * News * Story - CNBC.com

Auto Bankruptcy 'Babies' About To Be Born
For months we've all heard the warnings. If GM and Chrysler go bankrupt it will trigger a host of other bankruptcies from suppliers to dealers.
Auto Bankruptcy 'Babies' About To Be Born - Behind the Wheel - Phil Lebeau - CNBC.com

GM Shareholders, Executives Run For Cover
It's kind of like watching a car crash. You know it's sad. You know it's awful. But you can't stop looking at it.
I'm not trying to be trivial about the plunge in GM shares this week.
While it should not come as a surprise to anyone, it is still tough to see shares of the automaker slide to their lowest price since April of 1933. No wonder six GM executives have cashed out of their GM holdings.
http://www.cnbc.com/id/30704830

Rally Continues Or Start Of Correction?
A rally continues, or the start of a correction? It's true, as Lowry noted this morning, that "it's probably still too early to declare the long-awaited short-term correction has arrived."
Rally Continues Or Start Of Correction? - Trader Talk with Bob Pisani - CNBC.com
You Think Today Saw A Lot Of Secondaries, There's More Coming... - Trader Talk with Bob Pisani - CNBC.com

Now you are up to speed and informed.
http://www.truckingboards.com/truck...ht/58074-questions-comments-stc-thread-5.html

 

[imported_River17]

Stocks Shed Over 2% as Retail Sales Disappoint

Stocks finished at their session lows Wednesday as bank shares continued to struggle and retail sales unexpectedly fell for a second straight month.
A brief reprieve after the business-inventories report and comments from President Obama fizzled.
Stocks Slide as Retail Sales Disappoint - Market Overview * US * News * Story - CNBC.com

As trucking goes, so goes the economy
Looking for signs of economic recovery? Try counting the number of trucks on the road.
Trucks carry almost all the manufactured and retail goods in the country -- from refrigerators to lumber, detergents to toys. Many economists gauge how fast assembly lines are running, and how much consumers are buying, by the volume of goods hauled by trucks. But the most recent earnings reports show trucks are not carrying enough yet to indicate recovery is near.
As trucking goes, so goes the economy - Yahoo! Finance

YRC Worldwide plunges as debt fears re-emerge
Overland Park, Kansas-based YRC said in a filing with the Securities and Exchange Commission late Monday that it needs to cut more costs and get more shipments in order to counteract the steep decline in revenue from the slumping economy. In order to stay in line with its creditors obligations, it needs to post earnings before taxes depreciation and amortization of $45 million. Stifel Nicolaus analyst David Ross said a note to clients that the company is continuing to lose business to its competitors, which is making it difficult to improve its margins.
"We have a difficult time seeing how the math works here to restore the company to profitability," he said. "It has already had its employees take a 10 percent wage cut. Plus, we do not see industry volumes rebounding this year, and industry pricing remains very competitive."
YRC Worldwide plunges as debt fears re-emerge - Yahoo! Finance

DOT Freight Index Falls 6.5% in March
The Department of Transportation’s freight transportation services index fell 6.5% in March from a year earlier to its lowest level in more than six years, DOT said Wednesday.
DOT Freight Index Falls 6.5% in March | Transport Topics Online | Trucking, Freight Transportation and Logistics News

Southern California Economy Headed Down
Trade may show modest gain in 2010, says LA County economic forecast
Southern California Economy Headed Down | Journal of Commerce


Dow...8,284.89 -184.22 -2.18%

Nasdaq...1,664.19 -51.73 -3.01%

S&P 500...883.92 -24.43 -2.69%


KNX 16.09 -0.65-3.88%
UPS 52.41 -2.23-4.08%
ODFL 25.98 -1.12-4.13%
FDX 52.71 -2.41-4.37%
LSTR 34.57 -1.64-4.53%
JBHT 25.68 -1.29-4.78%
HTLD 14.13 -0.75-5.04%
CNW 25.69 -1.38-5.10%
WERN 15.94 -0.86-5.12%
ABFS 22.21 -2.16-8.86%
SAIA 11.46 -1.51-11.64%
YRCW 2.93 -0.62-17.46%

FDX--
Wednesday Options Recap -- Seeking Alpha
As trucking goes, so goes the economy - Yahoo! Finance

UPS--
Fineffe to franchise Mail Boxes Etc. internationally - Atlanta Business Chronicle:
Postal increase forces businesses to cut more - Yahoo! Finance

CNW, SAIA, ODFL, ABFS--
Sector Snap: Truckers slide on weak retail sales - Yahoo! Finance

YRCW--
YRC Worldwide plunges as debt fears re-emerge - Yahoo! Finance
These 5 Underdogs Are No Dogs
Movers roundup: YRC Worldwide, Dow Chemical - Yahoo! Finance
YRC Warns of Financial Violation | Journal of Commerce

Weak Retail, Falling Banks Bring Market Back to Earth
Wall Street's rally got a dose of reality Wednesday when retail sales numbers showed what many market watchers have been arguing: The economy is far from recovery.

Stocks Likely to Climb Slowly, S&P at 1,050 In a Year: Cohen
The Standard & Poor's 500 could hit 1,050 within the next year even as the economy struggles to recover, noted Goldman Sachs analyst Abby Joseph Cohen told CNBC.
As the stock market improves, gross domestic product probably will turn positive by the second half of the year, but only modestly as it registers gains of 1 to 2 percent, Cohen said in a live interview.
Stocks Likely to Climb Slowly, S&P Could Hit 1,050 in Year: Cohen - Markets * US * News * Story - CNBC.com

Former FDIC Chairman Bill Seidman Dies at 88
Former FDIC Chairman and CNBC Chief Commentator L. William "Bill" Seidman died Wednesday in Albuquerque, N.M., after a brief illness. He was 88.
Former FDIC Chairman Bill Seidman Dies at 88 - General * US * News * Story - CNBC.com

As GM Bankruptcy Looms, Congress Faces Pressure
With General Motors planning to end production of Saturns and Pontiacs at its Delaware plant which employs more than 1,000 people, state leaders are scrambling to win new work at the facility or persuade the company to move other operations to the region.
As GM Bankruptcy Looms, Congress Faces Pressure - Automotive * US * News * Story - CNBC.com

Dealers Split On Plans To Close Stores
They are in the crosshairs of the auto task and passionate about their feelings over GM and Chrysler plans to drop dealers. What's interesting is that not all dealers are against the idea of trimming the dealer ranks, while others are fearing the end of business' that have been in their family for years.
Dealers Split On Plans To Close Stores - Behind the Wheel - Phil Lebeau - CNBC.com

Bill Seidman: Goodbye, Old Friend
In the summer of 1990, the real estate business was in disastrous shape, and much of it was due to unsound real estate lending by savings and loan.
I had just been hired as the Real Estate Correspondent for CNBC. My first assignment? Cover the RTC auctions-and Bill Seidman.
Bill Seidman: Goodbye, Old Friend - Trader Talk with Bob Pisani - CNBC.com

Now you are up to speed and informed.
http://www.truckingboards.com/truck...ht/58074-questions-comments-stc-thread-5.html

 

[imported_River17]

Stocks Snap Losing Streak as Techs Rise

Stocks snapped a two-day losing streak Thursday as banks rebounded and investors gave techs another go.
In Thursday's economic news, initial jobless claims rose by 32,000 last week to 637,000, well above the 610,000 expected. But economists pointed out that auto-plant shutdowns inflated the number past expectations. The total number of people seeking unemployment benefits soared to another new record at 6.56 million.
Stocks Snap Losing Streak as Techs, Banks Rise - Market Overview * US * News * Story - CNBC.com

Study: Bigger trucks could offer benefits
Increases in truck weight and length would have a direct beneficial effect on the challenges facing American businesses, according to a study conducted by the University of Michigan Transportation Research Institute that was commissioned by the National Private Truck Council.
Study: Bigger trucks could offer benefits - eTrucker

Bill Would Seek to Boost Non-Truck Freight Modes
Two key Senators introduced legislation Thursday that would increase the proportion of national freight transportation provided by modes other than trucks by 10% by 2020.
Bill Would Seek to Boost Non-Truck Freight Modes | Transport Topics Online | Trucking, Freight Transportation and Logistics News

Wabash National’s First-Quarter Loss Widens
Trailer manufacturer Wabash National Corp. lost $28.3 million, or 94 cents per share, for the first quarter, compared with a loss of $6.4 million, or 21 cents, a year ago.
Wabash National’s First-Quarter Loss Widens | Transport Topics Online | Trucking, Freight Transportation and Logistics News

Truckers Sue Minnesota Troopers
OOIDA alleges state police used pseudo-science to judge fatigue
Truckers Sue Minnesota Troopers | Journal of Commerce

Study: Truckers can’t afford housing
An in-depth study indicates home prices remain unaffordable to occupations that could be boosted from the stimulus package, including long-haul truckers.
Study: Truckers can’t afford housing - eTrucker


Dow...8,331.32 +46.43 +0.56%

Nasdaq...1,689.21 +25.02 +1.50%

S&P 500...893.07 +9.15 +1.04%


YRCW...3.27...+0.33...+11.22%
CNW...28.21...+2.52...+9.81%
ODFL...27.26...+1.28...+4.93%
JBHT...26.73...+1.07...+4.17%
SAIA...11.88...+0.42...+3.66%
ABFS...22.79...+0.58...+2.61%
WERN...16.29...+0.36...+2.26%
HTLD...14.44...+0.31...+2.19%
KNX...16.43...+0.34...+2.11%
FDX...53.41...+0.70...+1.33%
LSTR...35.02...+0.44...+1.27%
UPS...52.26...-0.15...-0.29%

FDX--
Are You Ready to Make Real Money?

UPS--
Options Recap: Backing MGM, UPS Bears | Options Guide | Financial Articles & Investing News | TheStreet.com
Dog Gets Top Financial Planner Honor - Forbes.com

CNW--
Con-way Inc. Announces Third Annual CEO Constellation Award Winners - Yahoo! Finance

ODFL--
ODFL: Income Statement for Old Dominion Freight Line, Inc. - Yahoo! Finance

YRCW--
Summary of YRC WORLDWIDE INC - Yahoo! Finance
CEO of YRC Logistics to Leave Company | Journal of Commerce

GM: Chrysler-Like Sale Most Likely Form of Bankruptcy
General Motors said Thursday night, it would most likely pursue the same legal strategy as Chrysler if it spirals into bankruptcy, while Chrysler unveiled details for slashing its dealer network.
GM Bankruptcy: GM Says Chrysler-Like Sale Most Likely Form of Bankruptcy - Automotive * US * News * Story - CNBC.com

Chrysler targets 800 dealers in reorganization
DETROIT (AP) -- In tiny Millerstown, Pa., the owner of the only car dealership in town found out Thursday he was on Chrysler's hit list -- one of 789 across the nation that the troubled automaker wants to eliminate.
Chrysler targets 800 dealers in reorganization - Yahoo! Finance
http://msnbcmedia.msn.com/i/CNBC/Se..._EDIT Englewood Cliffs/ChryslerDealership.pdf

Art Cashin: Jobs Weighing Down Markets
'I do think the retail sales are important and I think today's first time initial [employment] claims show that the employment situation has not stabilized," Cashin explained. "And that's what's weighing on the consumer."
CNBC Stock Blog — CNBC.com, Art Cashin on Stocks and Investing - CNBC Stock Blog - CNBC.com

Kudlow: Obama's 'Public' Health Plan Will Bankrupt US
Does anybody really believe that adding 50 million people to the public health-care rolls will not cost the government more money? About $1.5 trillion to $2 trillion more? At least.
So let’s be serious when evaluating President Obama’s goal of universal health care, and the idea that it’s a cost-cutter. Can’t happen. Won’t happen. Costs are going to explode.
Obama’s ‘Public’ Health Plan Will Bankrupt the Nation - Money and Politics Blog - CNBC.com

Google Outage And Some Expert Perspective
People make mistakes, equipment breaks, code rollouts don't go as planned. There is no such thing as 100 percent uptime.
Google Outage And Some Expert Perspective - Tech Check with Jim Goldman - CNBC.com

How To Play The Inflation Trade Using ETFs
I've been asked frequently how to play the inflation trade using ETFs.
Let me show you how to do it, with the warning that you are likely early in this trade.
How To Play The Inflation Trade Using ETFs - Trader Talk with Bob Pisani - CNBC.com

Now you are up to speed and informed.
http://www.truckingboards.com/truck...ht/58074-questions-comments-stc-thread-5.html

 

[imported_River17]

Stocks End Down Week With a Flop

WEEKEND EDITION


YRC to Apply for Bailout Funds
Amid Pension Pressure, Trucking Company Plans to Request $1 Billion in U.S. Aid
YRC Worldwide Inc., one of the nation's largest trucking companies, will seek $1 billion in federal bailout money to help relieve pension obligations, the chief executive said Thursday.
The move comes as the trucking giant struggles to shore up its finances. The company's ability to weather the recession will have significant implications for the trucking industry and large customers across the country.
YRC to Apply for Bailout Funds - WSJ.com

Troubled trucker YRC to seek $1 billion pension bailout
Struggling No. 1 U.S. trucking company YRC Worldwide Inc (NasdaqGS:YRCW - News) plans to seek $1 billion in bailout money from the Troubled Asset Relief Program to help it cover pension obligations, a move analysts say is unlikely to succeed as the company has no financial charter.
Troubled trucker YRC to seek $1 billion pension bailout - Yahoo! Finance

YRC Worldwide Finalizes Bank Amendment
YRC Worldwide Inc. (Nasdaq: YRCW - News) today announced that it has finalized an amendment with the company's lenders of its credit facilities that eliminates the second quarter earnings before interest, taxes, depreciation and amortization ("EBITDA") covenant. The company's other financial covenants, including minimum liquidity comprised of cash and cash equivalents, restricted cash and availability under the credit facilities, remain in effect.
YRC Worldwide Finalizes Bank Amendment - Yahoo! Finance

UPS Looking at Bailout Impact
Transportation giant UPS said it’s studying the issue of federal bailouts for financially ailing trucking companies but wouldn’t comment directly on competitor YRC Worldwide’s request for $1 billion in federal aid.
One Wall Street analyst wondered, “If YRC is allowed to get $1 billion from TARP, is UPS allowed to get a $5.1 billion refund?”
UPS Looking at Bailout Impact | Journal of Commerce

Wall Street Questions YRC Bailout Plea
YRC has an annual pension obligation estimated at $2 billion over the next four years. But Zollars has called the system under which YRC must pay the pensions of employees from companies that went out of business years ago “a penalty for success.”
“I don’t see how YRC qualifies under TARP,” said David G. Ross of Stifel Nicolaus. “TARP was meant to stabilize the financial markets and restore lending capability and liquidity to the financial markets – it has nothing to do with trucking. This is just another indication of them trying anything they can to get help, to raise money, to get cash.
Wall Street Questions YRC Bailout Plea | Journal of Commerce


Dow...8,268.64 -62.68 -0.75%

Nasdaq...1,680.14 -9.07 -0.54%

S&P 500...882.88 -10.19 -1.14%


SAIA...13.05...+1.17...+9.85%
ODFL...29.49...+2.23...+8.18%
ABFS...24.40...+1.61...+7.06%
CNW...29.39...+1.18...+4.18%
HTLD...14.62...+0.18...+1.25%
KNX...16.60...+0.17...+1.03%
JBHT...26.90...+0.17...+0.64%
WERN...16.39...+0.10...+0.61%
LSTR...35.00...-0.03...-0.09%
UPS...51.99...-0.27...-0.52%
FDX...52.98...-0.43...-0.81%
YRCW...2.97...-0.30...-9.17%

FDX--
This is the Opportunity You've Been Waiting For
How To Maintain A Brand - Forbes.com

UPS--
UPDATE 2-Troubled trucker YRC to seek $1 bln pension bailout | Markets | Markets News | Reuters
Troubled trucker YRC to seek $1 billion pension bailout - Yahoo! Finance
YRC reported to ask for $1 billion in bailout cash - Yahoo! Finance
UPS Looking at Bailout Impact | Journal of Commerce

YRCW--
More Companies Get TARP Money, Or Seek It -- Seeking Alpha
YRC to Apply for Bailout Funds - WSJ.com
YRC Worldwide Finalizes Bank Amendment - Yahoo! Finance
YRC Worldwide, AIG, Blockbuster are big movers - Yahoo! Finance
Summary of YRC WORLDWIDE INC - Yahoo! Finance
Wall Street Questions YRC Bailout Plea | Journal of Commerce
YRC to Apply for Bailout Funds, Journal Says | Transport Topics Online | Trucking, Freight Transportation and Logistics News

Stocks End Down Week With a Flop
Stocks flopped Friday, capping a dismal week, as bank stocks pulled back after recent gains.
Stocks struggled to break higher in the morning session after a pair of better-than-expected manufacturing readings, but bleak economic data out of Europe and weak U.S. retail reports clipped gains.
"There are very ominous signs when you take apart the Dow Jones Industrial Average and S&P," J.J. Burns, president of J.J. Burns & Co. said. "We're petering out."
Stocks End Down Week With a Flop - Market Overview * US * News * Story - CNBC.com

What Will Lead Stocks Higher? Here Are Four Candidates
If the adage is true that the group that led the last bull market doesn't lead the next one, that means investors will have to forget about banks and consider a new array of choices.
What Will Lead Stocks Higher? Here Are Four Candidates - Markets * US * News * Story - CNBC.com

General Motors to Cut 1,100 Dealerships Across the US
General Motors announced plans to drop about 1,100 U.S. dealers as it struggles to slash billions of dollars in operating costs and debt ahead of an anticipated bankruptcy filing by the end of the month.
General Motors to Cut 1,100 Dealerships Across the US - Automotive * US * News * Story - CNBC.com

GM Dealer: 'It's Like Willy Wonka'
It's a tough day waiting for the mail.
Hundreds of GM dealerships are getting letters telling them that time is running out, that it's unlikely their franchise contracts with the automaker will be renewed.
GM Dealer: It's Like Willy Wonka - Funny Business with Jane Wells - CNBC.com

From TARP To Obama To Command-And-Control
Speaking near Albuquerque, New Mexico, at a town-hall meeting on Thursday, Pres. Obama said the federal debt load is unsustainable and warned of skyrocketing interest rates. He neglected to say that his massive spending-and-borrowing policies are directly causing this problem.
From TARP To Obama To Command-And-Control - Money and Politics Blog - CNBC.com

Face It - It Was A Tough Week
U.S.-based stocks had a tough week. Peter Boockvar and others have pointed out that stocks with the most U.S.-based focus were the biggest decliners on the week:
Face It - It Was A Tough Week - Trader Talk with Bob Pisani - CNBC.com

Now you are up to speed and informed.
http://www.truckingboards.com/truck...ht/58074-questions-comments-stc-thread-6.html

 

[imported_River17]

Banks Rebound to Help Stocks Close Higher



YRC Gets Reprieve
YRC Worldwide’s lenders waived a $45 million second quarter earnings requirement in a move one Wall Street analyst says is evidence banks aren’t interested in shutting down the troubled carrier – for now. “We now don’t expect YRC to be in breach of its covenants until October 2009 at the earliest, and likely the (third quarter) covenant will be altered more friendly for YRC as well,” said analyst Ed Wolfe of Wolfe Research.
YRC Gets Reprieve | Journal of Commerce

Shipper Ties YRC Bailout to Lower Rates
Collapse of carrier could send rates higher in recovery, Johnson says
YRC Worldwide’s intention to request $1 billion in federal aid could provide a check on rising freight rates by keeping a major competitor up and running, says the director of logistics at a leading housing products shipper.
Shipper Ties YRC Bailout to Lower Rates | Journal of Commerce

Truck Sales Remain Abysmal as April Total Drops 44.4%
Heavy-duty U.S. truck sales continued at a dismal pace in April, as monthly volume fell 44.4% from a year earlier, when sales were already declining. Year to date, sales are now 32.5% behind the comparable period of 2008, according to the latest monthly survey from WardsAuto.com.
Truck Sales Remain Abysmal as April Total Drops 44.4% | Transport Topics Online | Trucking, Freight Transportation and Logistics News

ATA Calls for Improvement of Hazardous Material Regulations
Congress should eliminate redundant rules and ensure uniformity across jurisdictions in the regulation of transportation of hazardous materials, Con-way Freight Vice President of Safety Robert Petrancosta told a House committee last week.
Current Trucking Industry News: TruckingInfo.com : Your Source for Trucking News and Information


Dow...8,504.08 +235.44 +2.85%

Nasdaq...1,732.36 +52.22 +3.11%

S&P 500...909.71 +26.83 +3.04%


SAIA...13.92...+0.88...+6.75%
ABFS...25.73...+1.33...+5.45%
CNW...30.65...+1.26...+4.29%
LSTR...36.26...+1.26...+3.60%
WERN...16.96...+0.57...+3.48%
HTLD...15.10...+0.49...+3.35%
JBHT...27.76...+0.86...+3.20%
KNX...17.05...+0.45...+2.71%
FDX...54.06...+1.08...+2.04%
UPS...52.80...+0.81...+1.56%
ODFL...29.05...-0.44...-1.49%
YRCW...2.85...-0.12...-4.04%

FDX--
The Long, Hard Road To 'Excessive' Pay - Forbes.com
Coach Yourself to Make More Money
FedEx, CryoPort execute frozen shipping agreement - Memphis Business Journal:

UPS--
Want Customer Service? Post Complaints on Twitter at SmartMoney.com
UPS Revises Guidelines for Employee Stock Sales - Yahoo! Finance
3 Stocks in a Tailspin

YRC--
Trucker YRC's Presumptuous TARP Funds Application -- Seeking Alpha
Asset Managers Still Aggressively Chasing Risk -- Seeking Alpha
3 Stocks in a Tailspin
YRC Worldwide shares fall; Baird keeps 'Neutral' - Yahoo! Finance
Complementary Capital-Raising - Barrons.com

Banks Rebound to Help Stocks Close Higher
A big rise in bank stocks combined with an influx of bargain hunters Monday helped stocks reverse much of the effects of last week's slump.
Banks Rebound to Help Stocks Close Higher - Market Overview * US * News * Story - CNBC.com

Soak the Rich, Lose the Rich
Americans know how to use the moving van to escape high taxes.
With states facing nearly $100 billion in combined budget deficits this year, we're seeing more governors than ever proposing the Barack Obama solution to balancing the budget: Soak the rich. Lawmakers in California, Connecticut, Delaware, Illinois, Minnesota, New Jersey, New York and Oregon want to raise income tax rates on the top 1% or 2% or 5% of their citizens. New Illinois Gov. Patrick Quinn wants a 50% increase in the income tax rate on the wealthy because this is the "fair" way to close his state's gaping deficit.
Soak the Rich, Lose the Rich - WSJ.com

Art Cashin: The S&P's New Danger Number
"There's a real tug of war here. It looks like we're headed for a correction, but the bulls don't want to give in. This is a hypochondriacal week: The market's going to take its own pulse, take its temperature and see how good it feels."
CNBC Stock Blog — Art Cashin, CNBC.com, Stock Market, Investing - CNBC Stock Blog - CNBC.com

US Stocks to ‘Run Out of Steam’: Strategist
“I am very surprised by this market,” Cranny told CNBC. “I personally think this market goes lower for the week and we will run out of steam.”
CNBC Stock Blog — CNBC.com, Markets, Currencies, Futures - CNBC Stock Blog - CNBC.com

The California Example
Video: Will Obama’s tax hikes on the rich backfire? One Democratic and one Republican offer their perspectives.
Video - CNBC.com

Dealer Closings Mean Deals As Cars Have To Go
At 789 Chrysler lots across America sit 44,000 potential bargains—cars and trucks that are stuck between shell-shocked dealers and a troubled company that no longer wants their services.
Dealer Closings Mean Deals As Cars Have To Go - Automotive * US * News * Story - CNBC.com

Poll: Would You Buy a Chrysler Car Now?
Ask yourself these questions: If you are looking for a new car, truck, or minivan right now, will you buy a Chrysler, Dodge, or Jeep? Will you seriously consider one of those models?
Now The Tough Part: Keeping Chrysler Relevant - Behind the Wheel - Phil Lebeau - CNBC.com

GM May Focus on Cheaper Imports, Cut US Jobs
General Motors is engaged in negotiating a reorganization that could increase vehicle imports from its plants in Mexico and Asia while closing factories and cutting the work force in the United States.
GM May Focus on Cheaper Imports, Cut US Jobs - General * US * News * Story - CNBC.com

Today's Rally: What's Up?
Many traders went to bed last night with futures drifting lower and woke up broadsided by a surprising election in India that has pushed up emerging markets.
Today's Rally: What's Up? - Trader Talk with Bob Pisani - CNBC.com

Now you are up to speed and informed.
http://www.truckingboards.com/truck...8074-questions-comments-stc-newsletter-8.html

 

[imported_River17]

Stocks Finish Mixed but VIX Ends Below 30



Con-way Freight Named 2008 LTL Carrier of the Year
World's Largest Retailer Honors Company for Customer Service, Operational Excellence and Creative Solutions
ANN ARBOR, MI--(MARKET WIRE)--May 19, 2009 -- Con-way Freight, a less-than-truckload (LTL) carrier and subsidiary of Con-way Inc. (NYSE:CNW - News), today announced that it has been named by Wal-Mart Stores, Inc. as its 2008 LTL Carrier of the Year. This is the second consecutive year that the company has received the award, and its third time overall. The world's largest retailer notified Con-way Freight of the award following an annual performance evaluation of its trucking and logistics service providers.
Con-way Freight Named 2008 LTL Carrier of the Year - Yahoo! Finance

Davidson: ABF Ready for Freight
LTL industry need big volume boost for carriers to profit, CEO says
The trucking industry will have to see a significant freight volume increase before beleaguered carriers return to profitability, a leading trucking executive says.
ABF is throttling back in the recession. It eliminated 625 positions in the first quarter, a 23 percent employee reduction since the fourth quarter of 2006, when its business began to decline. The cutbacks mean the trucker will be about 20 percent smaller than it was only three years ago.
Davidson: ABF Ready for Freight | Journal of Commerce

Zollars: YRC On Road to Profit
CEO says LTL trucking company will meet q3 targets, lending obligations
The top executive of troubled trucking giant YRC Worldwide challenged investment analysts and predicted his company would be profitable again by the end of third quarter.
The nation’s largest less-than-truckload operator will be profitable again by the end of the third quarter, he predicted, claiming YRC Worldwide would have $130 million in earnings before taxes, interest, depreciation and amortization by that time, as required by covenants with its lenders
“We are cutting infrastructure and taking people out,” Zollars said
Zollars: YRC On Road to Profit | Journal of Commerce


Dow...8,474.85 -29.23 -0.34%

Nasdaq...1,734.54 +2.18 +0.13%

S&P 500...908.13 -1.58 -0.17%


YRCW...3.18...+0.33...+11.58%
ABFS...27.57...+1.84...+7.15%
ODFL...29.62...+0.57...+1.96%
JBHT...28.07...+0.31...+1.12%
FDX...54.64...+0.58...+1.07%
LSTR...36.35...+0.09...+0.25%
WERN...17.00...+0.04...+0.24%
CNW...30.51...-0.14...-0.46%
HTLD...14.99...-0.11...-0.73%
KNX...16.81...-0.24...-1.41%
UPS...51.82...-0.98...-1.86%
SAIA...13.09...-0.83...-5.96%

FDX--
Transportation

CNW--
Con-way Freight Named 2008 LTL Carrier of the Year - Yahoo! Finance
Analysts' Upgrades, Downgrades: Lowe's | Analysts' Upgrades and Downgrades | Financial Articles & Investing News | TheStreet.com

ABF--
Davidson: ABF Ready for Freight | Journal of Commerce

YRCW--
Summary of YRC WORLDWIDE INC - Yahoo! Finance
YRCW: Income Statement for YRC Worldwide, Inc. - Yahoo! Finance
Zollars: YRC On Road to Profit | Journal of Commerce

Stocks Finish Mixed but VIX Ends Below 30
Stocks ended a rocky session mixed as a banks rally fizzled and an unexpected drop in housing starts left investors a little shaky. Still, a gauge of fear dropped below a key level.
Stocks Finish Mixed but VIX Ends Below 30 - Market Overview * US * News * Story - CNBC.com

GM Bankruptcy Would Include Quick Sale to Feds
If General Motors files for bankruptcy, as is widely expected, plans include a quick sale of the automaker's healthy assets to a new company owned by the U.S. government, a source familiar with the situation said Tuesday.
GM Bankruptcy Would Include Quick Sale to Feds - Automotive * US * News * Story - CNBC.com

Credit-Card Overhaul May Hurt Those Who Pay On Time
Credit cards have long been a very good deal for people who pay their bills on time and in full.
Now Congress is moving to limit the penalties on riskier borrowers, who have become a prime source of billions of dollars in fee revenue for the industry. And to make up for lost income, the card companies are going after those people with sterling credit.
Credit Card Industry Aims to Profit From Sterling Payers - Companies * US * News * Story - CNBC.com

Automakers, Obama Debut Mileage, Pollution Plan
U.S. President Barack Obama announced the most aggressive plan for increasing auto fuel economy standards ever and the first plan for regulating emissions.
The plan requires the U.S. passenger vehicle fleet to average 35.5 miles per gallon by 2016, saving 1.8 billion barrels of oil. It also instructs the Environmental Protection Agency to regulate tailpipe emissions.
Automakers, Obama Announce Mileage, Pollution Plan - Automotive * US * News * Story - CNBC.com

Lower Emissions Will Mean More Business For These Companies
Two words summarize how the auto makers will be able to build cars and trucks that emit 30% less emissions while delivery an average of 35.5 miles per gallon.
1) Lighter
2) Efficient
Lower Emissions Will Mean More Business For These Companies - Behind the Wheel - Phil Lebeau - CNBC.com

Better Mileage Doesn't Mean The Death Of SUV
For years, we've heard Detroit and other auto makers lobby against higher fuel economy standards because it would drive up costs and ultimately hurt sales of SUV's and pick-ups- vehicles Americans want.
Better Mileage Doesn't Mean The Death Of SUV - Behind the Wheel - Phil Lebeau - CNBC.com

Now you are up to speed and informed.
http://www.truckingboards.com/truck...8074-questions-comments-stc-newsletter-8.html