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Automotive freight revenue primarily increased due to higher vehicle production, which has seen increases to meet pent up demand created by the high average vehicle age in the U.S. However, as individuals continue replace old vehicles, we might see growth in this segment moderate going forward since vehicles are not a commodity purchased by an individual customer on a recurring basis.
FORBES: CSX Results Saved By Autos, Intermodal Growth While Coal Shipments Sink
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As noted earlier, the commodity soybeans he purchased were intended not for planting, but for consumption.
FORBES: Connect
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Jon Huntsman had purchased 34 mainly commodity chemical businesses over the years, with almost none of his own capital.
FORBES: Magazine Article
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He used the patented soybeans for his main spring crop, but went to a local grain elevator and purchased so-called commodity seeds for a riskier, late-season crop.
CNN: STORY HIGHLIGHTS
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Representatives of large, sophisticated companies that have been actively working to implement the expected requirements spoke eloquently at an October 2011 SEC Roundtable discussion of the complexity of their supply chains and the difficulty in obtaining solid information from their upstream suppliers on the origins of common, commodity metals like tin, tantalum, tungsten and gold in purchased products and components.
FORBES: Conflict Minerals Rule Imposes Big Burdens On Manufacturers