Amazon, UPS, and FedEx, in search of cost savings, partnered with startups that are now rolling out electric vans. Has Ford, the leader in vans, dropped the ball?
Watching for the EV drag on gasoline demand requires a lot of patience.
Still collapsed revenues, astronomical losses, red-hot cash-burn, hellish new piles of debt. Meanwhile, amid craziest markets ever, airline shares soared.
Traffic down 95%. To run out of money by April.
Rates for trucking, ocean containers, airfreight, parcels, you name it, the costs for shipping consumer & industrial goods are surging.
Long-term structural issues have long dogged these fuels. Then came the Pandemic.
Wall Street loves conglomerates that are oligopolies or, better, monopolies — companies with a “wide and long-lasting moat,” as Buffett said.
But don’t fear for airline shareholders & creditors; they get to benefit from another $15 billion via “Taxpayer Capitalism.”
Railroads responded to structural challenges by slashing jobs. Did nothing for volume but did everything for their stocks.
US Federal Maritime Commission investigates container carriers’ “abandonment” of American agricultural industry. Weirdest Economy Ever.