April 15, 2008 Kansas City, MO Global Agriculture and Transportation Price Trends and the Relation to Food Security Presented by Ken Eriksen Senior Vice President Global Agriculture and Transportation Price Trends and the Relation to Food Security Presented by Ken Eriksen Senior Vice President
Transportation and Food Security Slide 2 Global Environment The Global Age is Readily Apparent The world is shrinking Shipping options expanding Transportation transformation underway The U.S. is not as pivotal Developing Countries Slowly Coming of Age – The Awakening of Asia Continues Expanding infrastructure Port developments Still a ways to go however Economy Driving Infrastructure Issues
Transportation and Food Security Slide 3 Weakened Currency
Transportation and Food Security Slide 4 Freight Trend Reversal?
Transportation and Food Security Slide 5 Freight Costs and the Economy
Transportation and Food Security Slide 6 The Current Framework Infrastructure Problems = Inefficiencies Inefficiencies = Lower Effective Transport Capacity Lower Effective Transport Capacity = Higher Rates
Transportation and Food Security Slide 7 Ocean Freight Rolling Along
Transportation and Food Security Slide 8 Transportation Transformation
Transportation and Food Security Slide 9 Transportation Transformation
Transportation and Food Security Slide 10 Container Rates Holding Water
Transportation and Food Security Slide 11 Fuel Costs Rising
Transportation and Food Security Slide 12 The Current Framework Infrastructure Problems = Inefficiencies Inefficiencies = Lower Effective Transport Capacity Lower Effective Transport Capacity = Higher Rates
April 15, 2008 Kansas City, MO Global Agriculture and Transportation Price Trends and the Relation to Food Security Presented by Ken Eriksen Senior Vice President Global Agriculture and Transportation Price Trends and the Relation to Food Security Presented by Ken Eriksen Senior Vice President