Transparent economics. Are yours?

Last Friday, we talked about the surging rate of fuel surcharges for ocean-going containerized freight and how it will soon affect the price of imported goods. As you might expect, fuel surcharges aren’t just going up for seagoing freight customers. It’s hitting air travel customers as well. This Times UK article talks about the recent, […]

Fuel Surcharges: Another reason to buy local

My CFO friend does that sort of financial wizardry for a large international importer. Last weekend, she told me she had been informed by her shipping vendors that the fuel surcharge on seagoing containers was going up at least 30%, to about $1200 for a large container. That got me to thinking about a number […]