Production lower than 2 years ago, capacity utilization is ugly.
Global overcapacity, plunging demand, and a price war.
Commercial Vehicle Overcapacity at Catastrophic Levels.
Relentless deterioration meets stunning overcapacity.
When the People’s Bank of China spoke of “big downward pressure,” it wasn’t kidding.
“Rates in many Asia export trades are in a tailspin.” And here’s why.