First the Freight Recession, Now Covid-19: Trucking & Rail Freight Collapses. Is This the Bottom? by Wolf Richter • May 13, 2020 • 55 Comments YRC, one of the largest less-than-truckload carriers, wheezes under the strain.
It Gets Rough for US Airlines: Why Buffett Dumped His Airline Stocks Though There Was Blood on the Tarmac, Which Should Have Been a Buy Signal by Wolf Richter • May 10, 2020 • 155 Comments Just can’t catch a break: Friday after hours, United disclosed it abandoned its junk-bond offering after investors balked. Shares fell.
Facing the Crisis Aftermath: Boeing and the Airlines by MC01 • May 4, 2020 • 99 Comments Then there’s Air France-KLM, with two governments squabbling over bailouts and acting like they want a divorce.
Bone-Chilling WTF Charts of the Collapse in US Demand for Gasoline, Jet Fuel, and Diesel by Wolf Richter • May 1, 2020 • 266 Comments It started in mid-February for jet fuel and in mid-March for gasoline.
What U.S. Cruise Lines Are Up Against. And No Bailout Money by MC01 • Apr 18, 2020 • 192 Comments Their megaships turned from a revenue-generating asset into an expensive-to-maintain nightmare.
From Panic-Buying to Lockdowns of Eateries & Manufacturing: Truckers, Railroads Face Supply Chain Turmoil, Spikes & Plunges by Wolf Richter • Apr 14, 2020 • 168 Comments “There has been a clear divide between winners and losers.”
Trucking Skids Off the Road Entirely by Wolf Richter • Apr 3, 2020 • 81 Comments “Only good news is that the number was still positive despite the high number of cancellations.”
The $1.5 Trillion Global Tourism Industry Faces $450 Billion Collapse in Revenues, Based on Optimistic Assumptions by Nick Corbishley • Mar 30, 2020 • 69 Comments “We are temporarily a company with no product and no revenue.”
“Not All Airlines Will Go Bankrupt”: How Will Coronavirus Travel-Bans Impact Airbus, Suppliers, and Airlines? by MC01 • Mar 29, 2020 • 130 Comments All eyes are on China to see how air transport will change in the aftermath of the crisis.
After Blowing $4.5 Trillion on Share Buybacks, Airlines, Boeing, Many Other Culprits Want Taxpayer & Fed Bailouts of their Shareholders by Wolf Richter • Mar 17, 2020 • 225 Comments Chapter 11 bankruptcy that wipes out shareholders is the correct solution for collapsing share-buyback queens. US airlines already know this from experience. It works.
