“Look at 65 or 70 to a dollar at 85, and look at 110 plus a 25 to 30 freight cost, which was one-tenth of that number or one-fifth of that number a few months ago.”

The Core Report · #1009 Indian IT Stocks Are Beating Chip Stocks

Play from 26:36
26:36

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What was described

described current freight cost as a percentage of oil price

freight cost now 25-30% of oil price, previously about one-fifth

Said nearby on the same subject

“Freight is charging 50% fuel surcharge. So if it used to cost $500 to send a pallet from Texas to California, now it costs $750”
♫
Said on Road 2 Retail
Hard number 50% surcharge; $500 → $750 per pallet Share this moment
“We're using Peec currently. I like them. They continue to get adopted. It was reasonably priced.”
RH
Ross Hudgens
Startups For the Rest of Us ·
“‘The promoters halved the price… the $11 might have to be lowered… bankers were considering recutting the price… as low as $6’”
♫
Said on The Fin
Pricing $11 initial target; re-cut to $9, $8.25, $6 Share this moment
“At one point, we had about a 80% correlation on a one-month basis between two-year treasury yields and the price of oil.”
♫
Said on Monetary Matters with Jack Farley
Hard number about a 80% correlation on a one-month basis Share this moment

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