What does the tease picture for the article have to do with cargo insurance? Nothing at all, it is a picture of my grandson in the belly of a World War II bomber at a vintage aircraft show put on by the Air Museum Network www.airmuseumnetwork.com. I shamelessly use my grandson as an excuse to do… Read more »
Category: Misc.
Knight and Swift Merger
Trucking companies Knight Transportation and Swift transportation agreed to merge into one company. It’s an all stock deal and creates a behemoth of a trucking company. Forbes reported the combined enterprise value of a whopping $6 billion dollars. The new name will be Knight-Swift. The new organization will have about 70 terminals, 23,000 power units, and 28,000 employees. Now that… Read more »
Failing Retails Impact on Logistics
Bricks and mortar merchandise retailers across the country are singing the blues. Screaming the blues may be more accurate. The plight of the now gone Radio Shack, the soon to be gone HH Gregg, and a long list of shrinking retailers including Sears/K-Mart closing stores tell the story. It seems almost a certainty the story line won’t be… Read more »
Container Shortage, Equipment Shortage
The word on the street is some US exporters are having a harder time finding empty containers for their goods. Is there an upcoming shortage of containers ahead? Definitely maybe is my answer. Well maybe not a true shortage as in ‘not enough’. It may be more of a matter of containers not being in the right spot. My guess… Read more »
Bulk Freight, Containerized Cargo
In the fourth quarter of last year we earned a new containerized freight customer. Earning a new customer to supply cargo insurance to in itself isn’t unusual. What was unusual was it was a commodity that would typically go bulk in a ship’s hold. If you are not familiar with bulk shipping think of the difference between buying… Read more »
Hats Off To a New Type of Shipping Container The Sequel, ‘The Pop Top Box’
Have I ever mentioned I am a little obsessive? Not obsessive about everything, just some things. I drag my forgiving wife Cyndi to many places she really does not want to visit to see things she really doesn’t want to see, but I just ‘had to see it’. From the ruins of colonial towns and forts to vintage… Read more »
Container Rates Go Up, Container Rates Go Down.
As a result of the wheels coming off Hanjin mid last year I wrote a piece on August 31st 2016 that rates were going to go up and they did. The article can be reviewed at https://www.linkedin.com/pulse/hanjin-falls-down-rates-shoot-up-tom-o-malley?trk=mp-reader-card for a refresher. The writing on the wall was pretty clear. I was stating the obvious. Real live capacity was suddenly… Read more »