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GLG News by this Author
Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
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Congress Sees No Compelling Interest
May 12, 2008
DeFazio Says Congress Should Help Truckers Hit by Fuel Costs | www.ttnews.com
Congress and for that matter the administration fails to see a compelling interest in transportation issues, unless it is to make grandstand plays such as Mr. DeFazio's. Let's keep in mind that Congress and the Administration and previous administrations, created this situation, through inaction over the past 30 years. These are the same people who cannot come up with a viable transportation infrastructure policy, have failed with bio-fuels and abandoned alternative means to access oil, because it cost $55 a barrel to produce.
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May 9, 2008
Speculators knock OPEC off oil-price perch | www.atimes.com
Speculation, which has been around since Hector was a pup, is a part of our economic system. The regulated markets, CBOT, NYMEX, NYSE are after all speculation. Unfortunately, successful speculation often leads to "windfall" profits. But profits are why we invest. In this case however speculation results in a distorted price structure for fuel, which affects food and finances, which in turn may result in social and political turmoil, in oil producing as well as other poorer nations.
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April 7, 2008
SarbOx rules get reprieve in subprime mess | www.reuters.com
The chances of SARBOX regulation being relaxed are nil. However the chances of tighter regulation has been increased.
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January 16, 2008
Fed Can’t Print Its Way Out | moneynews.newsmax.com
I've been a practitioner in supply chain management for a long time, I hesitate to say the number of years, something about the Dark Ages. I have to agree with Chester Sottile's conclusion that a rate cuts would be economic suicide for most carriers.
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Change is the only real constant
January 14, 2008
In a Troubled Economy, New Business Opportunities Still Abound | www.law.com
When attending law school, I was taught that the only thing, with the exception of death and taxes, that was constant that the law evolves. Our ultimate goal is to provide honest communication and pragmatic advice with our clients and to act with integrity to ourselves and our profession.
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Some Thoughts on Trucking Free Trade and Sovereignty
December 18, 2007
Hoffa Leads Teamster Rally Against Cross-Border Trucking | sev.prnewswire.com
Key Implications: 1) Cross-Border Trucking is a national sovereignty issue. (2) Illegal immigration illegal period.
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