A Quote by Soren Skou

If we drive cost down, we will be able to live with low freight rates. — © Soren Skou
If we drive cost down, we will be able to live with low freight rates.
Low-cost, high-grade coal, oil and natural gas - the backbone of the Industrial Revolution - will be a distant memory by 2050. Much higher-cost remnants will still be available, but they will not be able to drive our growth, our population and, most critically, our food supply as before.
Our priority has always been to have the lowest cost so we can be comfortable with weak freight rates. A big part of having the lowest cost is maintaining the largest network, and this means growing market share.
We should allow people to purchase health insurance across state lines. That will create a true 50-state national marketplace which will drive down the cost of low-cost, catastrophic health insurance.
I will not stop. I will not slow down. I will not pull over to ask for directions. I will build the road that takes me where I want to be and I will drive, drive, drive. I will drive until the vehicle around me breaks down, falls apart and tumbles into useless debris... and then I will walk.
If we increase freight rates, the goods will move through the roads and the condition of the roads will become worse.
Since 2008 you've had the largest bond market rally in history, as the Federal Reserve flooded the economy with quantitative easing to drive down interest rates. Driving down the interest rates creates a boom in the stock market, and also the real estate market. The resulting capital gains not treated as income.
I never predict freight rates; nobody can do that.
For too long, our country's version of an energy policy has consisted of Americans waking up every day and wondering how much it will cost to drive to work, how much it will cost to keep their business running, how much it will cost to heat or cool their homes.
Right now we think that rates will stay low, that you'll be able to get a mortgage below seven percent and that's kicked off a refinance boom that's going to put more money in the pockets of consumers.
As we look at a future where we're going to have to double our freight capacity, how do you create a freight system that's integrated across the country when you have 50 different freight systems that are built one state at a time?
The impact of low interest rates is broad and deep. Many Americans rely on interest income from their savings to help cover their cost of living.
Truancy rates are directly correlated to low graduation rates.
I think the rise of China is inevitable, because China has moved from a low-cost producer, at low levels of technology, to higher levels of technology, and because it's very competitive, even in some high-tech products they offer at very competitive rates - much lower than their competitors.
With interest rates artificially low, consumers reduce savings in favor of consumption, and entrepreneurs increase their rates of investment spending.
You know, if we're going to bring down the price of gas, you have to have three things. You have to have a big reserve, you have to have the ability to develop oil out of that reserve quickly, and you have to be able to produce oil at a relatively low cost.
We should explore new ways to drive down the cost of space travel. instead of costly booster rockets, maybe we should think of laser/microwave driven rockets, or space elevators. Until then, the cost of space exploration will limit our ability to explore the universe.
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