First Ocean Freight Rates Collapse to “Zero,” China Freight Index Plunges to Record Low, Bailouts Loom by Wolf Richter • Mar 28, 2016 • 26 Comments The next stage of “Moral Hazard?”
“Worse than 2008”: World’s Largest Container Carrier on the Slowdown in Global Trade by Wolf Richter • Feb 10, 2016 • 30 Comments “Massive Deterioration,” the CEO called the phenomenon.
Dogged by Lousy Global Demand and Wild Overcapacity, China Containerized Freight Index Crashes to Worst Level Ever by Wolf Richter • Dec 8, 2015 • 4 Comments Bad breath of zero-interest-rate era wafts over real economy.
Business Inventory Glut Hits US Ports, Container Imports Plunge in Peak Shipping Season by Wolf Richter • Nov 15, 2015 • 14 Comments That didn’t even happen during the Financial Crisis.
Pummeled by Lousy Global Demand and Rampant Overcapacity, China Containerized Freight Index Collapses to Worst Level Ever by Wolf Richter • Oct 19, 2015 • 19 Comments Bitter reality is setting in.
Global Shipping Veers into Capital Destruction by Wolf Richter • Oct 9, 2015 • 13 Comments Overcapacity “will be even greater than in 2009.”
