H McKee Stewart Jr

Musings on Business, Finance, and Economcs.

Archive for July 2011

New Logos for Stewart Management Systems LLC

leave a comment »

By Neil Nagy, of Neil Nagy Designs. Comments? (click a logo to enlarge)

Leaning toward either #3 or #4 myself.


Written by hmstewartjr

31 July 2011 at 6:18 PM

Posted in Uncategorized

Happy Independence Day!

leave a comment »

IN CONGRESS, July 4, 1776.

The unanimous Declaration of the thirteen united States of America,

When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature’s God entitle them, a decent respect to the opinions of mankind requires that they should declare the causes which impel them to the separation.

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.–That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, …”

The complete transcript is here.

Written by hmstewartjr

4 July 2011 at 10:13 AM

Posted in Uncategorized

Trucking: Who’s Got the Right Numbers?

leave a comment »

After a strong first quarter for 2011, it’s pretty much universally agreed that Q2 was a dud, at best. From the ATA, via Phoenix Business Journal:

“Truck shipments fell for the second consecutive month in May, according to the American Trucking Associations.

The trade organization reported Monday that its advance seasonally adjusted For-Hire Truck Tonnage Index fell 2.3 percent in May, building on a revised April tonnage decline of 0.6 percent, slightly better than the ATA’s preliminary estimate of a 0.7 percent loss.”

Further, the ATA’s chief economist, Bob Costello, isn’t exactly flinging his beret into the air over the current state of the business:

“‘Truck tonnage over the last four months shows that the economy definitely hit a soft patch this spring,’ ATA Chief Economist Bob Costello said in a written statement. ‘With our index falling in three of the last four months totaling 3.7 percent, it is clear why there is some renewed anxiety over the economic recovery.'”

But he does toss in some wishful thinking about lower fuel costs and economic growth helping the industry later this year.

On the other side of the coin, UPS freight is going all in, by announcing a 6.9% rate increase effective 08/01/2011. They are either betting on a combination of increased demand and reduced industry capacity, or the freight division simply hasn’t been pulling it’s own weight on the bottom line.


Written by hmstewartjr

2 July 2011 at 5:04 PM

Posted in Uncategorized

%d bloggers like this: