Recent Comments
spookiness: The listing says 44k miles, but the odo says 13,740. Being an Escort, I would not be surprised if.
SaulTigh: In this day and age: 1. Have tinted windows. 2. Install dash cams front and rear. 3. Get a concealed carry.
28-Cars-Later: This was mine as well. Year ago I once asked the son of a family who ran gas stations what the markup.
jmo: It might vary but my understanding is that gas stations usually break even on gas. All the profit is in the.
slavuta: Did GM fix their steering column lock issue yet?
Recent Comments
spookiness: The listing says 44k miles, but the odo says 13,740. Being an Escort, I would not be surprised if.
SaulTigh: In this day and age: 1. Have tinted windows. 2. Install dash cams front and rear. 3. Get a concealed carry.
28-Cars-Later: This was mine as well. Year ago I once asked the son of a family who ran gas stations what the markup.
jmo: It might vary but my understanding is that gas stations usually break even on gas. All the profit is in the.
slavuta: Did GM fix their steering column lock issue yet?
Polaris Renews Its Leadership
Polaris today affirmed the appointments of a new CEO and CFO, both of whom had been serving in interim roles since January. The manufacturer of motorcycles, off-road vehicles, and boats named Michael Speetzen as CEO, and Bob Mack as CFO.
CEO Scott Wine left the company in November to helm CNH Industrial NV, an agricultural and construction equipment maker. CNH’s Iveco unit also produces commercial trucks. During Wine’s tenure, as interest in powersports rebounded, the firm revived Indian Motorcycles to compete with Harley-Davidson. The company curtailed Victory motorcycle production. In a widely-debated move, they bought the 4 Wheel Parts chain of truck and off-road parts stores.
Food is piling up in all the wrong places, thanks to carriers hauling empty shipping containers.
Global competition for the ribbed steel containers means that Thailand can’t ship its rice, Canada is stuck with peas and India can’t offload its mountain of sugar. Shipping empty boxes back to China has become so profitable that even some American soybean shippers are having to fight for containers to supply hungry Asian buyers. Strikes in Argentina have also boosted Asian demand for U.S. agriculture products, adding to competition for boxes.
“People aren’t getting their goods where they need them,” said Steve Kranig, director of logistics at IM-EX Global Inc., a freight forwarder that handles cargoes including rice, bananas and dumplings from Asia to the U.S. “One of my customers ships 8 to 10 containers of rice every week from Thailand to Los Angeles. But he can only ship 2 to 3 containers a week right now.”
Congestion Worsens at Southern California Ports
A containership unloaded at the Port of Los Angeles. (Patrick T. Fallon/Bloomberg News)
Ship congestion around the ports of Los Angeles and Long Beach hit an unprecedented level, worsening the bottleneck at the busiest gateway for U.S. imports.
A record 38 containerships are awaiting berth space 36 at anchor and two that were directed to wait in designated areas at sea until anchorages are available, the Marine Exchange of Southern California said in a note late Jan. 28. It’s the first time since 2004 that so-called drift zones have been used to manage traffic into the neighboring ports.