OH, FOR THE GOOD OLD DAYS
My dad was born, bred and educated in Fulham, a then unfashionable inner west London borough bordered by classy Chelsea, Kensington and Westminster. Today Fulham is home to many of the rich and famous and King’s Road is to London as Melrose Ave is to L.A. As a young boy Dad had the opportunity to [...]
A WEEK OF OBSERVING CHINA AND OTHER EMERGING ECONOMIES
I still cringe when I hear Wall Street, American politicians, journalists and economists telling us if it weren’t for those wonderful people who run China and buy our treasuries, we’d be bankrupt! Having a look at why many companies are moving into Chapter 11 reorganization and how quickly they emerge with a clean balance sheet [...]
WE’RE HANGING IN THERE!
Thanksgiving was responsible for light tonnages moving over the past seven days, but we’re out there trying our hardest to move any “scrap” of freight we can find. No, we have no giveaway rates to Mexico or Brazil, but we’re dealing to the market we know best, the South Pacific. More than ever it is [...]
IT IS BECOMING A CROWDED MARKET
Something has to give. There is no question all cargo-combination, especially Asian carriers, are very worried right now. How are their fleets going to be deployed now China is slowing to a crawl and the world is starting to look inwards for its very survival? It is now becoming clear that globalization has not attained [...]
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