I agree, it will not happy straight away, but give it 6 months-1 year away. Freight Forwarders have their pulse on the market and world trade. The recent financial turmoil has resulted in a huge slowdown of container ships being exported from China to Europe, and from China to USA in recent weeks. One freight forwarder said the deterioration has resulted in large cut costing in the industry by as much as 30%-50 in recent weeks for a container to be shipped. It will be very interesting to see how this pans out..There was a very large sell off with Fortescue, RIo, Paladin, Resource stocks, in recent weeks. This will only reduce investments to Baby Boomers Supers Funds and people across the board even further. China's property boom is coming to an end soon..
