Archive for January 2009 – Page 2

The legal battle continues between the Federal Maritime Commission and the Ports of Long Beach and Los Angeles.  As I wrote about last month (“California and the Trucking Industry“), the ports had planned to collect the Clean Truck Fee starting November 17th ($35 per loaded twenty-foot equivalent unit and smaller; $70 for larger containers), but they delayed implementation due to legal action taken by the Federal Maritime Commission. … Continue reading

There was a very interesting article in the Financial Times this week that highlighted how companies are delaying payments to suppliers, while trying to get paid faster themselves, in response to the weak economy (“Tactics that deliver in a ‘war for cash’“-registration required).  The article correctly points out that while this tactic may improve working capital, it could have damaging effects on the supply chain (e.g. put small suppliers… Continue reading

I guess the folks on Wall Street weren’t listening to Barack Obama’s inauguration speech yesterday, or maybe they missed the part about “choosing hope over fear.”   When the closing bells rang, The Dow Jones Industrial Average had dropped 332 points (more than 4 percent), the S&P 500 lost 38 points, and the Nasdaq Composite dropped 88 points.  I guess there’s more fear than hope on Wall Street these days… Continue reading

As I write this posting, an estimated 1 million people are gathering in Washington, D.C. to watch the inauguration of Barack Obama as the 44th President of the United States and the first African-American to hold this office.  This is truly a historic moment in our country’s history, and it’s difficult not to feel inspired and full of hope, regardless of your political views, seeing so many people expressing their… Continue reading

There was a “let’s make a deal” brain teaser that appeared in the “Ask Marilyn” column in Parade magazine several years ago.  Readers were asked to suppose they were a contestant on the television game show “Let’s Make A Deal.”  The host tells you that there is a car behind one of three large doors on the stage.  The other two doors have either a small gift or a goat… Continue reading