A fairly rapid evolution has taken place in transportation over the last few years with the adoption of the Internet. Really the focus is in inventory management and the management of cargo.
More Quotes from Jim Winchester:
As we look down the road four or five years from now we'll realize that the Internet is an important customer service enhancement for the transportation industry. But 90 percent of the time the important thing is 'Did the ship get out of the dock on time' and 'Did it get into the dock on time.' It's the same for truck or rail.Jim Winchester
Defense cargo is a good segment of the business and it pays very well. Conceivably it could be a nice benefit for the company and give the stock a lift in the short term.
Jim Winchester
Any increase in Middle East oil market share is very positive for the tanker business, because the Middle East is the producer farthest from major oil consumption markets.
Jim Winchester
There are probably parties out there interested in pieces of Sea-Land, but not interested in taking over the whole group of businesses.
Jim Winchester
This is a business where a 1 or 2 percent change in production has a significant impact on freight rates, so this should have an effect, especially with things as tight as they are.
Jim Winchester
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