In releasing its third quarter earnings, global parcel carrier UPS reported cross border European shipments were up 10% against an overall 4.6% increase in...
John Robertson
PortfolioDirect
In releasing its third quarter earnings, global parcel carrier UPS reported cross border European shipments were up 10% against an overall 4.6% increase in global package movements. Earlier this month, the European Commission reported that the regional European economies with the strongest growth over the year to August were the Czech Republic, Romania, Slovakia and Poland with gains of between 3% and 6%. Sweden, Greece, Ireland and Italy suffered the largest production losses with falls of between 8% and 5%. Production is shifting, at the margin, to where it is most profitably conducted and then shipped to where the customers are living. In a good sign for a more robust future, Europe's production base is evolving from one dictated by national borders to one that is taking greater advantage of the significant diversity in regional cost structures and the logistics efficiencies offered by groups like UPS.
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business strategist and investment market professional for over 30 years after starting his career as a Commonwealth Treasury economist in Canberra. Since being Australia's top-rated commodities analyst and chief economist at one of Australia' leading stockbroking firms, he has advised companies across the mining, consumer products, IT and biotech sectors on their equity market relations. He leads the firm's investment evaluation and security structuring activities on behalf of the Australian Small Scale Offerings Board (ASSOB), the world's first equity 'crowdfunding' investment platform. John Robertson discusses the interaction of mining and investment markets in his weekly 'From the Capital' column in Mining Journal.
1 topic
John Robertson
PortfolioDirect
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
Expertise
No areas of expertise
John Robertson
PortfolioDirect
John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...
Expertise
No areas of expertise
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
Why "buy and manage" is the better way to invest in stocks
Livewire Markets
