VOLUMES STILL LOW BUT SHIPMENT COUNT UP
Some trends are emerging for 2009. While volumes remain in the doldrums, shipment count is rapidly growing. A few weeks back we stated our goal to fight this economic crisis was to gain a bigger slice of a smaller pie. Well, in a way we are succeeding. Our manifests to Aussie and New Zealand are [...]
MR OWENS CEO OF CATERPILLAR, TO HELL WITH YOU!
I hold Caterpillar as the Rolls Royce of earthmoving machinery and a great American corporation, but if I see that jerk CEO, James Owens pontificating how his and every other business that exports will suffer if we adhere to the current policy of the stimulus package involving buy America only. Once the greatest steel maker [...]
SO MUCH FOR GLOBALIZATION
Maersk Shipping Lines must be ruing the day they swallowed up so many of their competitors. The price of a container from China to Europe has sunk from $2,700 to just $900 because trade is drying up. China no longer has us by the short and curly. I have always stated we didn’t need their [...]
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 [...]
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