Post Olympics Beijing Is Very Quiet
Six months ago when the United States hit the skids, China very smugly told the world their economy was so strong and other markets economies were so strong, if exports were to decline to America, it wouldn’t have any effect. Well, we now have five of the strongest European Union countries (Germany, U.K., France, Italy [...]
How Long Is It Going To Take For The World to Wake Up to China?
First it was tires, then toys, followed by pet food additives, toothpaste, pharmaceuticals, fish products and now it is steel. In less than three short years China truly has created a huge list of manufactured or locally sourced products that fall far short of the standards first world countries used to demand. At the heart [...]
Fuel Surcharge
Oil futures continue their downward slide as those cowboys in the pits of the New York Mercantile Exchange’s Chicago and New York operations have decided change tack and move from call to put options. A put option is a bet on the price declining. It is laughable to listen to all those so-called experts telling [...]
Mid-Sized Forwarders Will Do Well Despite Recession
Last month, I was invited by the Chicago Air Freight Forwarders Association to give a talk at its monthly luncheon. The Association asked that I discuss the effect of the current recession on air cargo in general and freight forwarders in particular. In my talk, I told the audience in no uncertain terms of my [...]
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