China’s Stocks Drop as Profit Concerns Overshadow Easing Bets
China’s stocks fell, capping the benchmark index’s first weekly losses in a month, as slumping corporate earnings overshadowed speculation the central bank will ease monetary policy to boost economic growth.
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MEMBER CENTER:
CSX Transportation CEO Michael Ward said he would prefer West Coast port growth to that of East Coast port expansion, because shipments from the West would less likely to be diverted to trucks.
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Wheat Climbs to Highest Level Since September on Dry Weather
Wheat rallied for a sixth straight session, advancing to the highest level in more than eight months, as dry weather threatens harvests in the U.S. and Russia, two of the world’s three biggest shippers this year.
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Saudis, soaring costs may keep oil above $100
LONDON (Reuters) - Oil industry executives and bankers are assuming oil prices will stay above $100 a barrel in the year ahead, despite mounting economic worries, as any fall below that level would trigger a cut in Saudi Arabia's output and force closures at high-cost projects around the world. A straw poll by Reuters of oil executives, traders, bankers and fund managers showed seven respondents ...
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Industry : Related News
5/24/2012 - In the End, Truckers' Costs are Shippers' Costs, Too When carriers try to explain their challenges to their customers, the response often is, "That's your problem."
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