As expected, greater clarity is emerging around the low-sulfur surcharge and how it will apply to shippers in cost-per-container terms as carriers get ready to queue up at the pumps.
The U.S. stock market already is up sharply in 2019, with the S&P 500 Index rising by nearly 23%. Yet it has the potential to advance even higher if growing optimism about a trade deal and the economy prompts cautious investors to shift part of their massive $3.4 trillion cash hoard into equities. While large cash positions often are interpreted as a bearish sign, strategists at Bank of America Merrill Lynch and UBS have a bullish interpretation.
Artificial intelligence requires greater processor density, which increases the demand for cooling and raises power requirements.
Each year, Forbes publishes an updated list ranking the world’s billionaires. Unlike many industries, tech billionaires are mostly self-made. Many of these billionaires came from humble means and, through their genius, changed the world.
As of Nov. 2019, these are the ten richest, most successful tech geniuses out there. The estimated net worth of each member on this list has been updated as of Nov. 6, 2019.
Declining imports from China are dragging down container volumes in the eastbound trans-Pacific, and if inventory levels remain higher than usual, a weak Lunar New Year month in January is possible.
The NextGen Supply Chain
Realizing that its members are getting bombarded from all sides by what promises to be the “latest and greatest” technology and solution to all of their problems, MHI offers this sage piece of advice in its 2018 MHI Annual Industry Report.