I voted for Trump but if he doesn’t reverse course on this issue of one-man train crews, he can kiss goodbye the votes of blue collar workers in the Blue
But the coronavirus impact has not been felt yet; that will come later. By Wolf Richter for WOLF STREET. Shipment volume in the US by truck, rail, air, and barge plunged 9.4% in
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But consumers are doing their job, online. Freight shipment volume in the US by truck, rail, air, and barge of consumer and industrial goods but not
Creditors trying to repossess trucks over the weekend. Thousands of drivers on the road, some stranded. Employees left in the dark. Shares plunge 93% this morning from nearly nothing to
Authored by Mike Shedlock via MishTalk, The Cass Freight Index once again warns again of economic contraction. Donald Broughton, founder of Broughton Capital and author the Cass Freight Index says the index
via Zerohedge: The escalating trade war between the US and China has accelerated the synchronized global downturn. Global exports continue to collapse, and the global Purchasing Managers Index (PMI) remains
from Zero Hedge The US trucking industry had a blockbuster year in 2018, as high demand for freight allowed transportation companies to expand fleets. But since freight demand was artificial, sparked
By Patrick Watson Just as an army moves on its stomach, an economy moves on ships, trucks, and planes. They carry the goods whose purchase adds up to growth. Nowadays
by WARREN MOSLER Last month’s uptick hinted at a reversal, but this month’s large move back down says otherwise: Still rolling over, and from depressed levels relative to prior cycles,
Specifically, TAC Indices, the premier provider of Air Cargo rates around the world, shows Hong Kong to North America air freight rate in Hong Kong dollars versus per kilogram collapsed
Case Freight Index detailing US slowdown pic.twitter.com/VpeMcUmjGw — Alastair Williamson (@StockBoardAsset) May 14, 2019 looks like the whole trade is starting to unwind pic.twitter.com/Sx5YJyyX3Z — Alastair Williamson (@StockBoardAsset) May 14,
by WARREN MOSLER Tax Reform Exacerbates Sales Cooldown in the U.S. (WSJ) U.S. tax reform has exacerbated a gradual cooldown in U.S. home sales over the past year in certain
by WARREN MOSLER Truckers Cut Payrolls As Freight Demand Softens Funding pensions reduces aggregate demand: The Long Bull Market Has Failed to Fix Public Pensions Long term loans to
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The services sector better hang in there. Now it’s the third month in a row, and the red flag is getting more visible and a little
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Something has to give. Starting to be a fascinating phenomenon: Rates charged by trucking companies and other transportation providers continue to surge on a year-over-year basis
Is there a more deflationary chart than the Baltic Dry Index of global freight rates? pic.twitter.com/3XajzZVIzY — David Rosenberg (@EconguyRosie) February 5, 2019 Chart: US non-manufacturing export orders (weak!!!!!) pic.twitter.com/5qHTFXW7je