Archive for 2007

Don’t be another statistic
Friday, October 5th, 2007

Boating under the influence (BUI)…it’s serious. (Read More…)

The light at the end of the tunnel
Friday, September 28th, 2007

I opened my mail this morning and actually read some good news. See today’s story about a study released by The Freedonia Group, a Cleveland-based industry research firm on Sounding Trade Only’s e-mail newsletter.   (Read More…)

Stand up and be counted
Wednesday, September 26th, 2007

Grassroots campaigning, as you know, can have a huge effect in Congress. But it only works when legislators hear from lots of people on a particular subject.

Here’s your chance to speak volumes on a recently proposed bill, The Recreational Boating Act, which is designed to protect recreational boaters from new commercial ballast water permitting regulations. (Read More…)

Don’t ignore your most important store
Friday, September 21st, 2007

It’s time to kick things up a notch.

Economists are talking about the “R” word. The Federal Reserve’s move to cut the rate by a half point may not derail the nation’s tumble towards recession as a result of the housing crisis. Even former Federal Reserve chairman Alan Greenspan says the central bank’s move may not be enough to move the glut of unsold newly constructed homes.

What do we, as an industry, do? We look at our businesses and do it better. (Read More…)

Will the lower rates hurt boating?
Wednesday, September 19th, 2007

With the discount rate cut yesterday it shows how concerned the Fed is about the softening economy tied to the perception of shaky credit markets. The other “huge” factor I think is going to hurt boating is the falling home values in many parts of the country where people have tied purchases to what had been growing home equity. (Read More…)

Happy Birthday
Friday, September 14th, 2007

I congratulate three leading manufacturers, Perko, Volvo Penta and Boston Whaler, for achieving significant milestones. Perko and Volvo Penta turned 100, and Boston Whaler celebrates its 50th birthday. (See upcoming story in the October issue of Soundings Trade Only.)

While each company proudly touted its accomplishments — and rightfully so — Volvo Penta said something that really stood out.  (Read More…)

Slips available?
Friday, September 7th, 2007

This past weekend I was out and about, shopping for my fall wardrobe and as I passed by a large marina along the Connecticut shoreline I marveled at all the boats in the water.

Then I did a double take. (Read More…)

Reaching an untapped market?
Friday, August 31st, 2007

I’m curious about something. What are dealers and manufacturers doing to lure women, minorities, unmarried and anyone under the age of 45 into boating? (Read More…)

Patent overhaul
Wednesday, August 29th, 2007

A long-standing patent dispute over trim tab designs will likely head to court next year as Bennett Marine and its competitor, Lenco Marine, continue to argue their cases.

But let’s go beyond individual lawsuits, for a minute, and look at the big picture. (Read More…)

Feeling Strapped?
Friday, August 24th, 2007

There’s been a lot of buzz in the news lately about the worldwide credit crunch, with reports coming in from the United States, Canada and Europe. Many blame lenders that offered teaser rates designed to entice those with spotty credit or no money for a downpayment. (Read More…)