Bulk Cargo Business Surge Behind Euroseas Ltd. (ESEA) Stock Price Acceleration
Fertilizers, coal, and grain are three top examples of dry bulk cargoes that have to move over long distances. This kind of traffic will not decline, no matter where an economy may be in a business cycle. Dry bulk cargo cannot be transported by air except in dire emergencies. It is possible to move such materials over land or by rail within countries and continents. However, global trade in the most important categories of bulk cargo depends on water transportation. Containers and barges conjure images of large capital. That is why this stock with a market capitalization of just over…