Summertime blues

By Jeff Berman · August 19, 2011

Although I am an avid newspaper reader, it is hard to embrace much of what I am reading on the front page these days, especially when it comes to news regarding 400 point stock market declines.

Some days, of course, the headlines have pointed to gains of similar amounts, too. But with these ups and downs, the only consistent thing we are seeing is just how inconsistent things are. This, of course, does not pertain to just what the market is doing; it also has to do with the big picture.

This, as we all know, is a picture that is getting messier all the time. I am not sure how else to describe what is going on, nor all people that have been following the economy far longer than I have.

One consistent theme when it comes to figuring out the economy is that we have not seen this level of uneasiness perhaps ever. One can easily make the case we are living in unprecedented times in terms of what we are witnessing and have the displeasure of dealing with to a large degree.

Look at unemployment. I am sure we all know someone that is out of work and struggling to make ends meet. These people are likely qualified and would be an asset to the companies they are sending resumes to, but more often than not they are getting turned away for myriad reasons.

These reasons vary from economic malaise to companies keeping their money on the sidelines to not knowing what is coming around the corner.

Again, more signs of unprecedented times.

What we are seeing today is a tough story to tell, whether you are working or not. It seems like we all know what the problems are. But when it comes to fixing them, the solutions are either not doing enough to jumpstart things or they are lacking in scale and delivery.

Chances are, you know this already, but in my opinion it bears repeating. At the same time, I don’t want to be a “downer,” because I know how great our nation has been in the past and have every confidence we will return to greatness once again.

Until then, all we can do is continue to work hard and take things one day at a time.


About the Author

Jeff Berman
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

Economy · Employment · Finance · All Topics
Latest Whitepaper
Reduce Order Processing Costs by 80%
Sales order automation software will seamlessly transform inbound emailed and printed purchase orders into electronic sales orders that can be automatically processed into your ERP system with 100% accuracy.
Download Today!
From the June 2016 Issue
In the wildly unstable ocean cargo carrier arena, three major consortia are fighting for market share, with some players simply hanging on for survival. Meanwhile, shippers may expect deployment shifts as a consequence of the Panama Canal expansion.
WMS Update: What do we need to run a WMS?
Supply Chain Software Convergence: Synchronization Realized
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Optimizing Global Transportation: How NVOCCs Can Use Technology to Operate More Profitably
Global transportation isn't getting any easier to manage, especially for non-vessel operating common carriers (NVOCCs). Faced with uncertainties like surcharges—but needing to remain competitive when bidding against other providers—NVOCCs need the right mix of historical data, data intelligence, and technology support to make quick and effective decisions. During this webcast you'll learn how Bolloré Transport & Logistics was able to streamline its global logistics and automate contract management.
Register Today!
EDITORS' PICKS
Details Key to Cross-border Ease
Ever-changing regulations are making it risky for U.S. companies engaged in cross-border trade...
Digital Reality Check
Just how close are we to the ideal digital supply network? Not as close as we might like to think....

Top 25 ports: West Coast continues to dominate
The Panama Canal expansion is set for late June and may soon be attracting more inbound vessel calls...
Port of Oakland launches smart phone apps for harbor truckers
Innovation uses Bluetooth, GPS to measure how long drivers wait for cargo