September 15, 2021 - 2100 HRS

The Paul Truesdell PodcastPaul Grant Truesdell, J.D., AIF | CEOThe Truesdell CompaniesThe Truesdell Professional Building200 NW 52nd AvenueOcala, Florida 34482212-433-2525 X 714Email: [email protected] Website: https://truesdell.netLinkedIn: https://www.linkedin.com/in/paul-grant-truesdell/Episode Outline ◦ Consolidation in all industries ◦ Dangerous ◦ Monopolies ◦ Oligopolies ◦ Shipping consolidation  ◦ Giant vessels ◦ fewer routes, fewer ports, flow of goods  ◦ 70% of all container shipping controlled by 6 operators ◦ The top ten ◦ Maersk - Denmark ◦ Nippon - Japan ◦ Cosco - China ◦ Mitsui - Japan ◦ Hapag-Loyd - Germany ◦ Kawasaki - Japan ◦ Orient Overseas - China ◦ Kirby - Houston, TX ◦ Cosco - China ◦ Matson - HQ Honolulu ◦ China 3 of 10 ◦ Japan 3 of 10 ◦ Europe 2 of 10 ◦ US 2 of 10 ◦ 60% controlled by Pacific Rim ◦ 80% controlled outside the USDisclaimer Due to our extensive holdings, that of our clients and your host, you should assume that we have a position in all companies discussed and that a conflict of interest exists. By listening, reading, or using this podcast and website in any manner, you understand the information presented is provided for informational purposes only and agree to our Terms of Use and Privacy Policy.  No Professional Advice – the content of articles and other projects is for informational purposes only and does not constitute professional advice. Nothing said, written, or otherwise communicated in any form on this site or otherwise should be construed as an offer, recommendation, or solicitation to buy or sell a security. Neither Paul Truesdell, Truesdell Consulting, Inc., Fixed Cost Financial, Inc., affiliates or subsidiaries provides tax, legal, or psychological advice.   The content in the podcast and on this webpage is not intended to constitute or be a substitute for professional medical advice, diagnosis, or treatment. Always seek the advice of your doctor or other qualified health care provider with any questions you may have regarding a medical condition. Never disregard professional medical advice or delay in seeking it because of something you have heard on the podcast or on my website.