World Perspectives

FOB Prices and Freight Rate App (Updated 30 Nov.)

Ocean Freight Comments - 17 November 2022 By Jay O'Neil Commodity Consulting It is still an up and down Dry Bulk market situation with no defined direction. This market is mostly steaming in circles hoping to find support. Capesize markets have uncovered some improved demand in iron ore cargo, but the Panamax and smaller vessels still suffer from a reduction in demand ton-days. Most of the buying activity in these markets has shifted out to Q1of 2023. The low water situation on the Mississippi River has continued to improve and barge deliveries are slowly increasing. U.S. Railroad labor contract negotiations continue without resolution but the potential for a strike has been moved forward into mid-December. ILWU union container report co...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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