by icky_vicinity23 The only thing the green movement has done is outsource our pollution to China and give China 90% of the energy market. Why isn’t Greta in China protesting the solar panel factories? We need to stop China from …
h/t Infamous_Sympathy_91
by Infamous_Sympathy_91
via donsurber: Looks like Christmas will suck. Retailers are bracing themselves for a slowdown. Nike slashed prices 65% because it is overstocked. The company is not alone. The Wall Street Journal reported that the cargo ship traffic will drop 75% this month …
Global shipping bellwether Fedex is more bearish now than they were in September 2008: Sept. 9th, 2008Fedex Expects To Beat Its Forecast:https://t.co/chcpBX7Kwj This chart shows today's closing price, not after hours: pic.twitter.com/dJtqU907SU — Mac10 (@SuburbanDrone) September 15, 2022 $FDX cost …
via thestar: Malnourished babies. Civilians sleeping in holes in the ground. Women losing hope for their futures. Though Afghanistan faced years of drought prior to the fall of Kabul, with the international community having largely withdrawn after August 2021, a country …
by Martin Armstrong The cost of shipping has added another variable to the complicated global inflation and energy crisis. According to the Baltic Exchange data as reported by Bloomberg, hauling rates have reached a high not seen since April 2020. The …
https://www.youtube.com/watch?v=2lMQKOyxh6w Supply chain problems are getting dramatically worse, aggravated by persistent port congestion and shipping delays, as well as a growing imbalance between container demand and available capacity. To make things worse, businesses are already facing another spike in shipping …
The Shanghai ports generally unload raw commodities and materials for factory production, then the ships are loaded with products for export. But almost no ships are moving, in any direction, and truck traffic to and from the ports are basically …
The Ocean Shipping Reform Act of 2022, a bill proposed in Washington by S.D. Sen. John Thune and Minnesota Sen. Amy Klobuchar, would make turning away products ready to go abroad more difficult for carriers. https://t.co/JDIuiy0x1r pic.twitter.com/ZxWkWwoGT6 — KELOLAND News …
by Martin Armstrong American farmers are struggling to send their goods overseas as the East simply does not want American exports. The Ocean Shipping Reform Act passed in the House last week due to Asian carriers “unfairly decimating against American …
https://www.youtube.com/watch?v=lpYAY6as0rU If you think the markets had a bad reaction to the prospects of new lockdowns and an economic slowdown, sending some stocks to crash over the past few days, you probably have no idea of the chaos that has …
by Martin Armstrong The United Nations Conference on Trade and Development (UNCTAD) announced that we should expect consumer prices to rise 1.5% on average over the next year due to the global shipping crisis. Inflation, fuel increases, and labor shortages …
Must be sweet having the capital to just charter your own ship and essentially cut the line ahead of your competitors. Absolutely no way this is financially possible for a long time. Unless they just plan on increasing the costs …
Live look @ Mayor Pete handling the shipping crisis. @ComfortablySmug pic.twitter.com/zTJp8iE4M6 — Just Donna 🇺🇸 (@Crypsis12) October 31, 2021
by danielz14 Hi everyone, I currently work in the shipping industry and would like to give you some insight about what’s going on in Long Beach right now, and how Biden’s imposed “emergency fee” to alleviate congestion is actually making …
Hundreds of container ships stuck as global bottlenecks grow. Ports remain the most visible sign of the crisis. The report today on the waiting game at operations from Los Angeles to Shanghai, with nearly 600 container ships around the world …
When Donald Trump was president in 2020, the price to ship a container from Asia to California was $3,800. That price spiked to $17,000 in October of 2021, according to supply chain technology company Freightos. Freightos also revealed that shipping …
https://www.youtube.com/watch?v=cFtGtVkSKVU Frank Barbera, Senior Portfolio Manager for Financial Sense Wealth Management, looks at surging shipping costs, the precious metals market, and underlying technical indicators for the S&P 500.
by confoundedinterest17 The Atlanta Fed’s real-time GDP tracker fell … again … to 1.33% as The Federal Reserve continues its bizarre monetary stimulus. The culprits? Declining auto sales, manufacturing, etc. I have discussed soaring prices since Biden’s election (food, energy, housing, rent, …
latest shipping stocks suggest we may be getting a World #economy slowdown?? pic.twitter.com/BzxsvWzhha — CrossBorder Capital/ GLIndexes (@crossbordercap) October 1, 2021
FedEx will increase its shipping rates starting in the new year, the company announced Monday. The increase is set to take effect on Jan. 3, 2022, and will apply to all US domestic, US export and US import services. FedEx …
https://www.youtube.com/watch?v=OZzDrNC1cIE
Israel Opens First New Port in 60 Years, Built by China’s SIPG (Yicai Global) Sept. 3 — Operations have begun at a new automated container port built and run by Shanghai International Port Group in Haifa, Israel. It is the …
The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com. The global shipping crisis is deepening and shows no signs of relenting. The direct and negative effect this crisis has on importers, especially …
Some say records are to be broken, but when it comes to the global supply chains breaking records come with a very dark side. Only this year, supply chains were plagued by a myriad of disasters: the Suez Canal accident, …
Port congestion continues to intensify the global supply chain crisis as hundreds of container ships that should be transporting goods around the world are waiting to unload outside key ports for global trade. The situation in the U.S. is particularly …
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 …
