This man built a full wheelchair stair lift for his disabled brother in law– for almost no money, some elbow grease and a little creativity. What a nice guy! AC
MADRID (Reuters) -Truck drivers, who brought Spain to a halt earlier this year, began a new strike on Monday as hundreds marched through the capital Madrid demanding changes to road freight rules and protesting at the cost of living. The …
What a freight slowdown looks like on a chart and what it looks like to drivers https://t.co/bx1dmWZdHY pic.twitter.com/Pf4JAGh9YD — Dooner 🇺🇸 (@TimothyDooner) October 13, 2022 h/t javierruizleon
Trucker here, freight is at a all time low this week. Been sitting, other truckers are doing the same. No worthwhile freight is available. This is not a good sign. The number of trucking jobs went down in September, according …
View post on imgur.com https://www.bloomberg.com/news/articles/2022-09-10/us-freight-railroads-to-cut-services-as-union-talks-fail-report h/t dr0id
by Chris Black Israeli born Lior Ro, who was Chief Technology Officer of the IDF, has a great plan for hard working Americans. Trucking is one of the top professions for Whites without a college degree. Lior claims they’re not …
https://twitter.com/WallStreetSilv/status/1534655150794723329
by Chris Black Of course, the MIC (military industrial complex) wants a new Cold War. The period from WWII to 1992 made the MIC the richest and most powerful entity in history, by spreading trillions of dollars around to well-connected …
Freight rates have fallen slightly in October, making some believe that the worst of the shipping crisis was over. Unfortunately, that hopeful perception didn’t last more than a couple of weeks because last week freight rates rapidly spiked to a …
by Aden Tate Author of The Faithful Prepper and Zombie Choices You’re new to the world of prepping and have finally concluded that you need to build a bug-out bag. Or maybe you’ve been prepping for a while but are trying to figure …
by Chris Black Everything went parabolic led by FED balance sheet, so that’s not abnormal. This from Bloomberg: “I think rates can go higher from here,” Wobensmith said. “You do get to a point, and you’ve seen this in containers, where you …
rom Daily Market Wisdom with Nick Santiago For more than 20 years, Master Trader Nick Santiago has been beating the markets. He’s made some incredible calls along the way and now he’s looking to spread the word. There’s no reason that the average …
In less than a week, container freight rates registered one record high after the other, with new data showing another massive spike on the key Asia to US routes. Several companies have been struggling with the relentless rise in freight …
The global shipping industry is facing the worst crisis in the history of container freight – and a massive wave of disruptions is ahead. According to the big boss of a major logistics business, Rob Lewis, the operations director of …
Extreme weather, cyberattacks, heated demand, local and global inflation are just a few reasons why U.S. consumers are seeing prices going through the roof. The price of pretty much everything – from food to furniture to electronics to lumber – …
*3M has flagged rising air and freight costs to ship its goods*Walmart has warned on the congestion in US ports*Legacy Homes, Williams-Sonoma & Wüsthof knife sets, have seen an uptick in wage costshttps://t.co/j9PGeaM62W 🎩 @jessefelder pic.twitter.com/usUSnrTwY3 — Danielle DiMartino Booth …
by Frank Holmes, CEO, U.S. Global Investors For the past 20 years, the Port of Los Angeles has been the busiest seaport in the Western Hemisphere, responsible for exporting commodities such as soybeans and raw cotton and importing everything from …
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 parts of the country, according to research from realtor.com. The …
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 banks do nothing for the macro economy and negative interest …
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 harder to ignore about the goods-based economy: Freight shipment volume …
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 even as the volume of shipments has dropped below where …
by WARREN MOSLER So for every agent that spent less than its income, another must have spent more than its income, or the output would not have been sold. It’s an ex poste identity for any currency. That means that …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter The Transportation Boom after the Transportation Recession. The Cass Truckload Linehaul Index, which tracks per-mile full-truckload pricing but does not include fuel and fuel surcharges – and therefore is not impacted by surging diesel prices – jumped 8.2% …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Shipment volumes in the US by truck, rail, air freight, and barge combined surged 11.9% year-over-year in March, according to the Cass Freight Index. This pushed the index, which is not seasonally adjusted, to its highest …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “Pricing power has erupted…” The transportation industry, particularly trucking, has benefited from the rise in retail spending in the fourth quarter and in much of 2017. The surge in e-commerce with all the transportation challenges it …