THE WOLF STREET REPORT: What Will the Coronavirus Do to the US & Chinese Economy? by Wolf Richter • Feb 2, 2020 • 179 Comments Is this the black-swan event people have been predicting for years?
Union Pacific Cut 17% of its Workers, Will Cut 8% in 2020. Revenue Fell 9.5%, Income 10%. Bought Back $5.8 Bn in Shares. Stock Hits New High by Wolf Richter • Jan 23, 2020 • 100 Comments Its debt surged to fund the share buybacks. And truckers ate its lunch. But don’t tell any of this to the “market.”
Railroad Pain: CSX Revenues Fall Below 2014. Workforce -7%. But Hey, $3.4 Billion in Share Buybacks by Wolf Richter • Jan 17, 2020 • 115 Comments “Give Me a Growing Environment, It’s Easier to Run the Railroad”: CSX CEO
US Freight Shipments Plunge at Fastest Rate since 2009, Hit 2011 Level: This is Getting Surprisingly Ugly by Wolf Richter • Jan 15, 2020 • 163 Comments Why is this happening?
Truckers Take “Wait and See Approach”: Equipment Orders, After Having Plunged, Stall at Low Levels by Wolf Richter • Jan 7, 2020 • 51 Comments Amid a shakeout among trucking companies & production cuts and layoffs among truck makers.
2020, Already the Year of Zombie Airlines by MC01 • Jan 5, 2020 • 87 Comments And the year has just started.
Manufacturing Employment, New Orders & Production Fall Fastest Since Apr-Aug 2009 by Wolf Richter • Jan 3, 2020 • 91 Comments An ugly report. How will it impact the overall economy?
How Amazon Gains Control & Domination by Wolf Richter • Dec 25, 2019 • 123 Comments Amazon takes over the last mile and everything else.
THE WOLF STREET REPORT: How Amazon Gains Control & Domination by Wolf Richter • Dec 22, 2019 • 123 Comments Amazon takes over the last mile and everything else.
US Freight Shipments Fall Below 2014 Level. Answers Emerge by Wolf Richter • Dec 19, 2019 • 110 Comments It’s not the consumer.