World Perspectives

FOB Prices and Freight Rate App (Updated 22 July)

Ocean Freight Comments - 22 July 2021 By Jay O'Neil Commodity Consulting It was another mixed week in dry-bulk markets without any well-defined direction. Markets were down and took away some recent excitement but did not indicate that a new trend has developed. Port weather problems in China, combined with uncertain global economic news due to rising covid-19 infections, took the wind out of the market’s sails. Vessel owners do not want to give up the ship yet and are still pushing for higher rates; but will have to wait for new fuel to stoke the fire. Last week the Union Pacific railroad announced their Chicago container yard is congested and they will stop hauling ocean containers from U.S. West Coast ports to their Joliet, Illi...

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Accountability and a comprehensive approach to export programming

WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.

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