Shipbuilding in Japan, Korea, China Collapses in Death Spiral of Orders by Wolf Richter • Nov 24, 2016 • 54 Comments “Worse than the one following the Global Financial Crisis.”
Boone Pickens on Natural Gas: It’s the Way to Defeat OPEC by Oilprice.com • Nov 7, 2016 • 55 Comments He put his money where his mouth is.
Bitter Irony: San Francisco, Los Angeles, San Jose have the Worst Roads in America, Worse even than Detroit by Wolf Richter • Nov 6, 2016 • 89 Comments But the roads in much of the nation are in terrible shape too.
Done in by Overcapacity, Stagnant World Trade, and China, Korean Shipbuilders Collapse on Top of Taxpayers by Wolf Richter • Nov 1, 2016 • 48 Comments Orders plunge 87% from an already terrible 2015.
US Freight Volume Drops to Lowest Level since 2009, “Industrial Recession” Hits Full Stride, Overcapacity Crushes Rates by Wolf Richter • Oct 19, 2016 • 36 Comments “We’ve been patiently waiting for the consumer.”
It Starts: Shutdowns, Production Cuts, Layoffs at Auto Plants by Wolf Richter • Oct 17, 2016 • 47 Comments “We continue to match production with demand”: Ford
Rail Freight Gets Clocked from all Sides in this Economy by Wolf Richter • Oct 12, 2016 • 48 Comments This hasn’t happened since the Financial Crisis.
Heavy Truck Orders Plunge, Worst September since 2009 by Wolf Richter • Oct 5, 2016 • 43 Comments Transportation Recession exacts its pound of flesh.
Recession Watch: US Freight Drops to Worst Level since 2010, “Excess of Capacity” Crushes Rates by Wolf Richter • Sep 20, 2016 • 12 Comments “Overall shipment volumes are persistently weak.”
Why Hanjin’s Zombie Collapse Won’t Be the Last One by Wolf Richter • Sep 18, 2016 • 72 Comments The pain will continue, with many more false-hope ups followed by brutal smack-downs, and more carriers cracking under their debt.
