“There is still a long way to go to get rates up to a level where lines would just break even,” he said.
To: Vince Ferrer
2 posted on
05/17/2009 10:39:53 PM PDT by
HiTech RedNeck
(Beat a better path, and the world will build a mousetrap at your door.)
To: Vince Ferrer
Quite clearly they also need a bailout.
To: Vince Ferrer
4 posted on
05/17/2009 10:56:31 PM PDT by
blam
To: Vince Ferrer
5 posted on
05/17/2009 10:57:27 PM PDT by
happinesswithoutpeace
(Hey there, White House Ha Ha Charade you are)
To: Vince Ferrer
a sector that has only ever experienced year-on-year growth until now. That doesn't appear to be true from the chart. How long is the history of this sector? Is it believable that they've only experienced growth?
7 posted on
05/20/2009 10:56:58 PM PDT by
1010RD
(First Do No Harm)
To: Vince Ferrer
Container rates are a reasonable proxy measurement for trade with China. Lower container rates reflect pressure on the profit side for importers; they need to keep shipping costs down to maintain their bottom line.
There is probably a lag -- lower container rates would probably lead trade volume by some number of months. In any case, I suspect that this bodes ill for China's trade balance.
10 posted on
05/21/2009 10:15:56 AM PDT by
r9etb
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