How to Turn a Tidal Wave of Profit From the Global Shipping Industry
May 27, 2011 at 06:00 AM EDT
The shipping industry plays an indispensable role in connecting consumers with their most cherished goods. But many investors unfamiliar with its inner-workings underestimate its potential as a massive profit generator. Meanwhile, investors who are aware of its importance, and can track the volatile ups and downs of the companies that provide shipping services, frequently score big gains from its oft-repeating profit opportunities. To get a quick idea of the enormity of worldwide shipping activity, you need only look at the U.S. trade numbers.