Word: carriers
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Dates: during 2000-2009
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...Budget European carrier Ryanair promises to follow through, within two years, on its threat to charge travelers to use onboard toilets. That luxury will cost you 1 pound ($1.60). The airline will also eliminate airport check-in desks, instead charging passengers 5 pounds ($8) to self-check in online. Ryanair CEO Michael O'Leary considered asking passengers also to load their own luggage, but security officials say that's impractical, logistically speaking...
Baltic Index president Jeremy Penn cautions that shipping rates can sometimes fluctuate dramatically, and are often driven by specific factors such as carrier availability in key locations. Indeed the current boost is best explained by Chinese steel production demand and a shortage of the Capesize vessels to haul the iron ore. Penn notes that it is not yet clear whether the core manufacturing that is turning again in China is linked to coming export demand or domestic infrastructure investment. "There are always quirks in the pricing," he notes. "And at the moment it seems a very China-centric market." (Read...
...shipping-industry insider notes that any evaluation of transport prices must include not only demand (how much cargo there is to be hauled), but also supply (the quantity of carrier capacity). The steady boom of world trade over the past decade prompted a major shipbuilding spree, with many vessels slated for completion in the coming months and years. "There are new and larger ships on order," notes the source. "I fear that overall rates will not be as responsive to the recovery as a whole." In other words, just as skyrocketing prices in raw-material transport don't guarantee...
...Still, when making auxiliary plans, it is critical not to inflate threats. For example, China has yet to build a functioning aircraft carrier. Ironically, Beijing’s emphasis on obtaining its rivals’ technological secrets, rather than innovating, places it at a permanent disadvantage. Admittedly, China has a disincentive to represent its capabilities, but reports also indicate America spends ten times more than China on defense, enough to prevail in a limited conflict...
...Friendly Air. Southwest is now welcoming pets aboard. For a pet fare of $75, you can bring small cats and dogs in the aircraft cabin, as long as they are in a carrier that fits under the seat. The carrier counts as your carry-on bag allowance, but unlike most other airlines, Southwest doesn't charge for your first two checked bags. Pet-fare tickets go on sale June 1 for travel beginning June...