The St. Lawrence Seaway was created to help large ocean ships sail to the Great Lakes. During the time period when The St. Lawrence Seaway was created, there was a container terminal at The Port of Chicago that helped connect metropolitan areas with The Great Lakes. Over the next 10 years, large vessels carried containers along the seaway until the ships became too large. This lead to an expansion in maritime. Trains started carrying containers through railway terminals. During this time period, river barge transport was cost competitive. Long … [Read more...] about An Outlook On Container Ships Heading Through The St. Lawrence Seaway
container investing
Containers Not Included in Newest Round of US Tariffs
U.S. based companies are feeling the economic pressures that are being caused by the latest rounds of Chinese trade sanctions and submitting their feedback, and the industry has scored an important victory in their negotiations in the exemption of shipping containers used by American businesses to transport their merchandise. Why It Matters According to JB Hunt and Schneider National testimony in the July 25 hearing, there are no American makers of the 53-foot intermodal shipping containers that the industry uses to transport … [Read more...] about Containers Not Included in Newest Round of US Tariffs
No more CEO: Small Business Owners become Chief Growth Officers
Looking around at the business world today we see more start-ups and entrepreneurs than ever before. The reason for this shift? CEO's are becoming outdated and irrelevant-- essentially, a thing of the past. In this day and age, the entrepreneurs are taking on another role, that of, the CGO. CEO No More The CEO has long been a stronghold in the corporate world. However, today's businesses are kicking this title to the curb. In lieu of the dated three letter word, modern businesses are turning to the concept of the CGO-- the Chief Growth … [Read more...] about No more CEO: Small Business Owners become Chief Growth Officers
As Trade War Heats Up… Biggest Currency Whales Make Their Move
For the last decade, the U.S. dollar has reigned supreme as the world's reserve currency. Central banks currently hold 63 percent of their foreign reserves in dollars. The euro comes in a distant second at 20 percent. The yen and the pound come next, at just under 5 percent each, trailed by the Canadian dollar's 2 percent share. Geopolitical change has many Wall Street strategists preparing for a rise in the euro's reserve-currency status. As a result, they expect a trend of the euro rising in relation to the dollar. U.S. … [Read more...] about As Trade War Heats Up… Biggest Currency Whales Make Their Move
Scams and Frauds in Canadian “Exempt Markets” On the Rise
Without a doubt every year, thousands of Canadians fall victim to fraud, losing millions of dollars. This has been particularly rampant in “exempt markets” that constantly suffer from abuse, as regulators say rule-breaking is common and warn that fraudsters or unscrupulous dealers can twist the exemptions to draw in more modest retail investors. The irony is that while most don't think it could happen to them but fraudsters have used sophisticated ways to target people of all ages. History has proven that the impact of fraud on individuals, … [Read more...] about Scams and Frauds in Canadian “Exempt Markets” On the Rise