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Classic Car Values in 2014
By Alex Naumov on March 31, 2015 at 2:07 PM
Photo: Frederik Hermann During the decade, classic car values have doubled and even tripled for certain models. Classic cars are now considered a more solid investment than gold, jewelry, wine, stamps and art. Total auction sales in the US have grown to $1.3 billion in 2014.
Paris Banning Classic Cars?
By Alex Naumov on March 23, 2015 at 12:44 PM
Record smog in Paris is forcing French lawmakers to create low emission zones. In a move to curb vehicle use by 2020, cars over 20 years old will have limited access to Paris. Will this move signal a ban on classic cars in city centers?
Preserving Classic Cars under the World Heritage Status
By Alex Naumov on March 20, 2015 at 2:28 PM
Protecting Classic Cars from Destruction There is no denying that cars have shaped history as we know it today. Since their invention over 130 years ago, they continue to hold social and historic value. Unfortunately not everyone sees it that way, as some classic cars are still ending …
Growing Demand for Car Shipping to China
By Alex Naumov on March 12, 2015 at 1:07 PM
The approval of parallel car imports is encouraging more exporters to ship cars to China. As we discussed previously, China has taken a big step towards disrupting monopolistic practices of foreign car manufacturers. By circumventing the franchise dealers, more Chinese consumers are n …
Final Chance to Avoid a West Coast Port Shutdown
By Alex Naumov on February 6, 2015 at 5:36 PM
Port employees make over $250k/year. Union wants more and threatens to shut down US Economy It's been almost 8 months since the previous contract expired and the time for negotiations is rapidly running out. After millions of dollars in losses by the shipping industry, the Pacific Mar …
A Strong Dollar & Slowing Exports Present an Opportunity For Car Importers
By Alex Naumov on February 2, 2015 at 12:11 PM
As the US dollar heads to the highest levels in more than a decade, it is resulting in the disruption of international car trade. Overseas buyers are having to spend more of their local currency to purchase cars from the US. Which is creating a perfect opportunity importing cars back …
West Coast Port Congestion Still Affecting Car Shipping in 2015
By Alex Naumov on January 13, 2015 at 9:59 AM
Severe US West Coast port delays are still with us in 2015 International shipping companies have long been yearning for a fresh start in the new year. After experiencing prolonged delays during the holidays, companies were looking forward to easing congestion and quicker turn around t …
How the Falling Ruble is Resulting in Cheaper Cars from Russia
By Alex Naumov on January 8, 2015 at 8:24 AM
Devaluation of the ruble has created a market for car buyers from CIS nations. With the Russian ruble continuing it’s slide, residents of CIS countries are seeing an opportunity. Instead of buying cars in Kyrgyzstan and Kazakhstan, they are taking advantage of favorable exchange rates …
Shipping Cars to China: The Demand for New Luxury Cars
By Alex Naumov on December 18, 2014 at 6:13 PM
Shipping New Luxury Cars to China As a major world power with the world’s fastest growing economy, China's market for new cars has already outpaced the US. Car makers and analysts now view it as the largest auto market in the world. Here is how US car exporters have cashed in on this …
On the Waterfront - WCS's Port of Oakland Cargo Traffic Update
By Alex Naumov on November 19, 2014 at 9:09 AM
Cargo Containers Sit as Negotiators Appear Unmoved Just a short time ago here at West Coast Shipping (WCS ) we believed Oakland would not be seriously impacted by the continuing labor slowdowns and work stoppages at other west coast port facilities. Unfortunately, as transpacific ocea …