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Best of the Blogs, Transportation: American Airlines Reaches Last Minute Agreement With Pilots' Union

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Plus, labor storms on the horizon for sunny Southwest.

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MINYANVILLE ORIGINAL This column highlights the most interesting and useful financial commentary on transportation from around the Web every Thursday.

The Dallas Morning News: Airline Biz Blog
Link: Allied Pilots Association Board Approves American Airlines Proposal, 9-7
"We've received word that the Allied Pilots Association board of directors has approved the 'last, best and final offer' from American Airlines (AAMRQ) by a 9-7 vote.

"After the vote, American said the pilot deal will postpone the legal process on tossing out American's labor contracts until the pilots finish voting of the carrier's proposal."

The Cranky Flier
Link: Southwest's Looming Labor Fight
"Unlike any other large airline in the US, Southwest (LUV) has had an incredible streak of good labor relations. Despite being highly unionized, the airline has had labor peace for most of its 40+ years. How has the airline done this? Well, it has long put a high priority on supporting its people and that has meant a no layoff policy, ever-increasing wages, and no outsourcing. In return, Southwest's employees are very productive and famously-friendly.

"This has worked for the airline ever since it began, but now the airline finds itself in a different situation."

The Wall Street Journal: Driver's Seat
Link: Forecast: New-Car Sales in June Highest in Five Years
"New car sales in the US in June are expected to reach their highest point since 2007, according to a new survey. The numbers in part reflect recovery for Toyota (TM) and Honda (HMC) following problems last year resulting from the earthquake and tsunami in Japan and later flooding in Thailand."

The Detroit News: Autos
Link: Future Ford Car Could Make Decisions on Distracted Driving for You
"Ford Motor Co. (F), which earlier this week announced developments to curb traffic delays, is now targeting driver distractions.

"Researchers at the Dearborn automaker are developing a technology based on readings from sensors placed on the steering wheel, seat and safety belt that can measure a driver's heart rate, breathing rate and body temperature. The sensors are similar to that on a treadmill."

DailyTech: Auto
Link: US Court of Appeals Upholds Obama Administration's Strict EPA Fuel Standards
"Automakers are torn when it comes to supporting new fuel efficiency and vehicle emissions rules proposed by the Obama administration and the EPA. Several states and industries sued to stop the new standards from going into effect. The legal challenges were brought against the proposed standards by the state of Texas and major industries including those in the chemical, energy, utility, agriculture, and mining realms. The National Association of Manufacturers was also involved in opposing EPA proposed standards.

"The US Court of Appeals has now dismissed the suit brought against the EPA marking a significant win for the Obama administration."
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No positions in stocks mentioned.
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