October 30, 2018

One Loss And Two Wins For The Good Guys

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Loss:  In a ruling that will cost shippers more, an Arkansas court ruled drivers must be paid for all time worked – including waiting.   

Win:  Like Trump or not, the decision to pull out of the postal agreement that allowed China, among others, to ship into the US cheaper than I can mail the same package across town has generated action.  The Universal Postal Union is fast-tracking a rate review.
Win:  A few years ago, we were all concerned that oil supply would be far less than demand once demand reached 100 million barrels daily.  In August, global oil demand reached 100 million barrels daily, but shale oil has filled the gap.

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