Freight & Shipping

Virus Worries Weighed On Stocks As REITs, Bonds Rose Last Week

China’s spreading coronavirus took a bite out of risk assets late last week, inducing a run into safe havens. US real estate investment trusts (REITs) and US bonds posted gains for the trading week through Friday, Jan. 24. Meanwhile, stocks and commodities took a hit, based on a set of exchange ...

Coronavirus concerns stall momentum as New Year celebrations begin

  Death toll rises The latest news out of China reports that 10 cities in Hubei province (where Wuhan is situated) have suspended some public transport as the number of victims falling to the virus has risen to 25 with a total of 830 other cases reported as at yesterday. China press has reported ...

Tech Talk for Tuesday January 21st 2020

Pre-opening Comments for Tuesday January 21st U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points in pre-opening trade. Index futures responded to fears that a coronavirus in China will spread. JB Hunt Transport (JBHT $114.68) is expected to open higher after Raym ...

Oil prices pulls back from multimonth high as traders assess Mideast conflict

Oil prices headed modestly lower Tuesday, retreating from multimonth gains achieved in the previous session, as investors bet that an Iranian response to the U.S.’s killing last week of a top Iranian general might not have a lasting impact on crude values. However, declines for crude prices appe ...

Tough lesson: vehicle safety is the owner’s responsibility, too

Q. My pickup is a 2004 Tundra that has only 200,000 km on the odometer, and the body is in excellent shape. When I took it in for service, the mechanic called me to come have a look at the frame. With the pickup on a lift, he showed me extensive rust along the main frame and stated the truck was re ...

Spinoffs & Takeovers Hotline – Friday, December 20, 2019

INGERSOLL-RAND PLC, $135.01, symbol IR on New York, is a diversified industrial company focused on heating, ventilation and air conditioning (HVAC), along with transport refrigeration, compressors, power tools, and golf carts. In April 2019, the company announced that it would spin off its industri ...

Cash flow is up 27.1% for Canadian Pacific Railway

Record shipments of Canadian grain and related products plus higher freight rates led to a 4.3% revenue jump for this company during the most-recent quarter. A recent initiative to improve efficiency also contributed to an earnings gain of 8.7%, while a cash flow spike bodes well for your future di ...

December 4, 2019

There was nothing particularly surprising in the Bank of Canada’s policy rate announcement this morning: The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent. The Bank’s October pro ...

“We’re outgrowing our family vehicle, but we don’t want a minivan. What are the best options?”

Q. I’m considering trading in our Mazda CX-5 SUV for a larger vehicle as our family grows. My wife and I just had our first child three months ago, and we also have a large 85-pound dog. We plan to have another baby so we will eventually need more space. Our dog sits in the back seat with a hammo ...

301 Breather : Trade Potpourri

Originally published by the Journal of Commerce in October 2019 As the deadline to file List 3 exclusions requests for goods from China (the 301 investigation) has now expired, there is the opportunity to take a bit of a deep breath and survey the trade landscape. Doing so serves as a reminder, the ...