To our valued customers – As you are likely seeing, a lot of insanity going on in the market right now. Just this week oil hit $100 a barrel, LME nickel reached its highest price point since 2011 due to EV strength and collapsing LME nickel stock levels, and aluminum is trading at a […]
Ports of Los Angeles and Long Beach Announce Emergency Port Fees to Ease Congestion – CH Robinson Client Advisory Oct 28, 2021 PORT FEE PDF
LME Nickel closed at $8.92 / LB this morning, just $0.02 / LB below a 7 year high on the strength of the nickel market. Article is below: Nickel Nears SevenYear High (002)
The LTL freight transportation industry continues to experience unprecedented capacity issues. These challenges are expected to build and multiply over the coming months, as the pandemic, driver shortages, the accelerated growth of the e-commerce industry, and the impending stimulus package are working together to create disruptive ripple effects across the entire LTL industry. These unprecedented […]
Fantastic article discussing the catastrophic impact that the pandemic has had upon the global shipping environment. Click Link below: ‘I’ve Never Seen Anything Like This’: Chaos Strikes Global Shipping – The New York Times (nytimes.com)
Hello All, It was a crazy week for nickel & trucking. Nickel peaked during the 3rd week of February at $8.84/lb. As of today it is down to $7.67/lb. Below please find the main drivers: Base Metals lower as supply fears ease. LME inventories had large inflows. Major producer Norilsk Nickel announced plans to stabilize […]
Thirty Years Ago today a wild young man walked thru the doors of TSM for his first day. He left a comfortable position at Carpenter to take a gamble on a small rag tag company. During Jim’s time we went from: Inventory of less than $1 million to over $30 million. 12 Team Members to […]
To our valued customers – 2020 has been a crazy year to say the least. Who would have thought that: We would quickly phone our closest friends and family when a roll of toilet paper showed up on a grocery store shelf We would need to find a quiet corner of the house while […]
