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Best of the Blogs, Transportation: Trinity Industries Doubles Its First Quarter Railcar Shipments From Last Year

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Minyanville's daily roundup of some of the best financial commentary on transportation from around the Web.

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This column highlights the most interesting and useful financial commentary on transportation from around the Web each day. Use our comments section to post your own suggestions for blog content that you've read or written.
RailResource
Link: Trinity Doubles Profits, Railcar Shipments

"Trinity Industries (TRN), North America's largest railcar manufacturer, in the first quarter shipped twice as many railcars as it did a year ago, but new orders fell year-over-year, suggesting the railroad industry is slowing capacity expansion."

Dallas News: Airline Biz Blog
Link: Airline industry losses shrink in Q1 (if you exclude AMR's bankruptcy costs)

"With all major US passenger carriers reporting, it appears that airline losses aren't as bad in first quarter 2012 as a year earlier - if you don't include AMR's (AAMRQ.PK) losses due to its bankruptcy filing. The group that has reported so far has lost $1.74 billion in Q1, compared to $1.00 billion a year ago. But that includes $1.40 billion in reorganization-related costs by AMR. Exclude that, and the Q1 2012 net losses were 'only' $344 million."

Autoblog
Link: Chrysler sales explode in California, up 222%

"Auto sales in California are red hot right now. The Detroit News reports that sales of new vehicles are up 17.7 percent in 2012, outpacing overall U.S. growth, which sits at a still healthy 13.3 percent. And since gas prices are still extremely high, cars accounted for a reported 62.7 percent of sales, while SUVs dropped to only 24.4 percent."

Wall Street Journal: Driver's Seat
Link: Nissan to Resurrect and Rework Cima Luxury Brand

"Nissan Motor Co. (NSANY.PK) is preparing to bring its flagship luxury Cima brand back out of the garage where it was parked just a year and half ago, retooled for the times as a gasoline-electric hybrid."

National Journal: Transportation Experts Blog
Link: Maybe the System Really is Working

"Everybody take a deep breath. Congress is poised this week to appoint conferees to a long-awaited conference committee that will negotiate a highway bill. Finally. I know that President Obama has dangled a veto threat over the House version, and I know that Republicans are determined to link the politically volatile Keystone XL pipeline to a bipartisan infrastructure bill. It doesn't matter. Fundamentally, this conference committee is a good thing. It gives lawmakers who are familiar with the ins and outs of transportation policy the opportunity to actually hammer out some decent tweaks to the federal highway program."

The Hill: Transportation
Link: Sen. Gillibrand files bill to make it easier to kill geese near NY airports

"A New York senator is trying to make it easier to kill birds near New York airports that have been blamed for forcing emergency landings such as the so-called 'Miracle on the Hudson.' Sen. Kirsten Gillibrand (D-N.Y.) said an emergency landing by a Delta Airways (DAL) flight at New York's John F. Kennedy International Airport was too similar to the famous 2009 incident in which a U.S. Airways plane was forced to land on the Hudson River after its engines were shut down by a bird strike."
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