Low dollar boosts used equipment exports
posted by bwyker Breakbulk News
If there is any silver lining for the shipping industry in the clouds enveloping the US economy, it's the increase in exports fueled by the weakness of the dollar. For the breakbulk and project cargo sector of the industry, the export boom has generated a big increase in shipments of used construction and agricultural equipment, dismantled plants, old locomotives and high and heavy vehicles.
The trend is so pronounced that some breakbulk ports are beginning to look like giant garage sales -- with every inch of storage yard stacked high wuth used cranes, dismantled refining equipment, graders, bulldozers, harvesters and tractors.
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