The unbiasedness hypothesis - the joint hypothesis of uncovered interest parity (UIP) and rational expectations - has been almost universally rejected in studies of exchange rate movements. In contrast to previous studies, which have used short-horizon data, we test this hypothesis using...

Many companies are questioning the value created from logistics outsourcing. This isespecially evident in contract logistics (specialised warehousing), given the increasedcommoditisation of transportation and distribution today. A clear need emerged tounderstand the value creation...