Let us not overlook the huge managed funds which most of us have an interest in one form or another.
diningcarLet us not overlook the huge managed funds which most of us have an interest in one form or another.
Most of those funds engage their computers to make their trading decisions. Part of the run up in the market over the past few years has been computers trading aginst computers.
Never too old to have a happy childhood!
BaltACD diningcar Let us not overlook the huge managed funds which most of us have an interest in one form or another.
diningcar Let us not overlook the huge managed funds which most of us have an interest in one form or another.
At least in the OTR industry for the most part it still is run by people in boardrooms not computer programming. The last few companies that have tried to go all computer for everything well they've tended to fail quite spectacularly in the news.
Some computer program told 2 major reefer carriers last year that containers were the way of the future those being Marten and the FFE KLLM group of carriers. Then the realization that losing 3 tons of cargo weight hit them head on along with the loss of flexibility in not being a trailer in their sizable fleets. Both of the wizards that pushed for those purchases in those carriers are gone from what I have found out. Marten lost 2 major contracts due to those problems. KLLM and FFE almost were thrown out of Tyson and Foster Farm chicken plants for not meeting weight hauling requirements with those containers. Yes we have shippers that will break their contracts with a carrier if they can't haul a certain weight on a trailer. We have several that demand 50k on our tanks.
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