Brexit Vote impact on US Freight?

Discussion in 'Intermodal Trucking Forum' started by x1Heavy, Jun 24, 2016.

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  1. x1Heavy

    x1Heavy Road Train Member

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    Ok, I just completed a very long night on watch.

    UK has voted to leave the UN, PM Cameron will resign within three months, next PM will invoke article 50.

    ALL Markets overnight futures have fallen and many have hit tripwire defenses or continue to hit them. US Opens in a couple hours, Futures have fallen as much as 1000 for the US DOW at times in the night.

    UK is independent and free as of this morning. It will take some time to disconnect from Euro Union in Brussels.

    Northern Ireland is already talking Secessh from the UK with a possible vote for independance and then another to remain with EU.

    Scotland was a stronghold for EU but has been dragged out of the EU by the UK People majority. Scotland will have to hold a second Referundum vote again for Independance and if successful another vote to go with UK or EU.

    German is talking vote.

    Dutch has called for Vote.

    Italy, Greece, Sweden and so on are all talking vote.

    We are witnessing a time I believe the breakup of the EU is in progress.

    The UK Peoples have had 46 million elgible across the empire which meansl Gilbaltar and other Empire locations world wide must also leave EU.

    Out of that 46 million 72% turned out to vote. When it was all over sometime 2 am this morning my time, 6 am London time it was approximately 1.4 million for Leave.

    Considering 382 locations voted with a simple paper marking, leave, remain with a cross and then counted by hand and certified in a few hours live on our satllite ITV news it was very awesome.

    Take that you stupid overbloated computer crap in America. (Sorry I had to say it...)

    Anyhow...

    Freight.

    China fell enough to trip breakers in markets, Hong Kong etc ALL Asia fell. Japan too. Money exhcnages are falling.

    The Freight comes to the US West coast from Asia for domestic import and a number of containers travel by truck, train from west coast to east coast landbridge for Europe.

    The US East coast, Midwest and southern railheads pile up boxes for Europe. And back west.

    European Freight in Boxes? What now?

    Regular export to Europe of all kinds in flat, dry van, tanker etc what now?

    Incoming imports from Europe has probably gotten cheaper a little bit in some areas what now?

    What say you?

    Remember this is a world history day, one we have been fortunate to witness a People throwing off the shackles of global economy that has been making chains on us all. Good luck!
     
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  3. A Bug

    A Bug Heavy Load Member

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    It's time to take advantage of the momentum, time for Texas to secede from the American Union!
     
    Chinatown, chralb, Moon_beam and 4 others Thank this.
  4. passingthru69

    passingthru69 Road Train Member

    Money was made by the short sellers
    Forex I believe stopped trading on the Sterling notes
    Will be a long wkend for some people
     
  5. BigBlueMarine99

    BigBlueMarine99 Light Load Member

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    The world leaders are in panic mode because of the Trump Train.

    If this don't speak about why you should vote Trump.I don't know what will.
     
    chralb and Moon_beam Thank this.
  6. brsims

    brsims Road Train Member

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    As a side note of historical fact:

    Northern Ireland, Wales, and Scotland have all ALWAYS had factions pushing for independence from the English crown. Remember, these are all formerly independent nations that have been conquered one way or another (through military invasion, popular suppression, or political marraige against the general will of the populace) by the Plantegenet family.

    All attempts to secede from the English crown have failed thus far (Southern Ireland being the only exception) due to lack of majority support at the ballot box. If history is a guide, these attempts will fail as well.

    As far as the fall of the European Union, I'm actually ambivalent. Problems and politics here in the US have kept my attention focused locally, so I haven't bothered to keep up on the successes and failures of the EU.
     
  7. FLYMIKEXL

    FLYMIKEXL Medium Load Member

    Nothing immediately
     
  8. chralb

    chralb Road Train Member

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    Many brokers reduced leverage by up to 4x on GBP and EUR pairs but trading continued for most. A few brokers actually canceled trading ( the market makers that bet against their clients) I caught almost all of the 2715 pip drop on the GBP/JPY. EPIC!!

    First step in a long battle to overcome the elites stronghold on the world. Way to go UK! I was hoping and praying but honestly didn't think they'd pull it off. Now if we can just get Trump in to keep the ball rolling that would be a huge plus.

    This has sent a clear world wide message that we don't want to be ruled over. Never thought I'd see it in my lifetime :)
     
    BigBlueMarine99 Thanks this.
  9. brsims

    brsims Road Train Member

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    As a northern Yankee, I say unto Texas "See ya!". But! We are taking ALL the military bases and military equipment with us as we leave.

    San Antonio, for one, would be a ghost town with out the US military presence.
     
    BostonTanker Thanks this.
  10. BigBlueMarine99

    BigBlueMarine99 Light Load Member

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    The problem is like when they removed ft knox and started closing it. That's when Obama found out the US does not own military bases, or military equipment. So if a State leaves, they keep all military equipment.
     
    chralb Thanks this.
  11. brsims

    brsims Road Train Member

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    Huh! Did not know that. Thought all military equipment was the property of that particular branch of service, thus property of the US government.
     
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