39 Search results

For the term "shanghai containerized freight".
Shanghai Containerized Freight Index Collapses: China-US Rates Hit Hard, China-Europe Rates Plunge to All-Time Low

Shanghai Containerized Freight Index Collapses: China-US Rates Hit Hard, China-Europe Rates Plunge to All-Time Low

TDC Note – If you have been following my joint venture with Dave Kranzler, Shadow of Truth, you know we have been staying on top of the Baltic Dry Index. Both the BDI and now SCFI are collapsing. This is...

China Ocean Freight Index Collapses to Record Low

China Ocean Freight Index Collapses to Record Low

by Wolf Richter, Wolf Street Relentless deterioration meets stunning overcapacity. The amount it costs to ship containers from China to ports around the world, a function of the quantity of goods to be shipped and the supply of vessels to...

China Freight Index Plunges to Record Low, Bailouts Loom

China Freight Index Plunges to Record Low, Bailouts Loom

by Wolf Richter, Wolf Street The next stage of “Moral Hazard?” The amount it costs to ship containers from China to ports around the world has plunged to historic lows. As container carriers are sinking deeper into trouble, whipped by lackluster global...

China Containerized Freight Index Crashes to Worst Level Ever

China Containerized Freight Index Crashes to Worst Level Ever

by Wolf Richter, Wolf Street Bad breath of zero-interest-rate era wafts over real economy. To the chagrin of the government, China has one export that is booming: capital flight. Fearing further devaluations of the yuan, a terribly inconvenient crackdown on...

Global Trade In Freefall: China Container Freight At Record Low; U.S. Rail Freight Tumbles, Trucking Slows Down

Global Trade In Freefall: China Container Freight At Record Low; U.S. Rail Freight Tumbles, Trucking Slows Down

TDC Note – As we have reported since March 2015 the indications are all in place. These are some of the numbers that can NOT be rigged and the story they tell is one of a global recession/depression. I don’t...

China Containerized Freight Index Collapses to Worst Level Ever

China Containerized Freight Index Collapses to Worst Level Ever

by Wolf Richter, Wolf Street A week ago, we pointed out how China’s dropping exports and plunging imports – the “inevitable fallout from China’s unsustainable and poorly executed credit splurge,” according to Thomson Reuters – had collided with long-term bets...

Pummeled by Lousy Global Demand and Rampant Overcapacity, China Containerized Freight Index Collapses to Worst Level Ever

Pummeled by Lousy Global Demand and Rampant Overcapacity, China Containerized Freight Index Collapses to Worst Level Ever

by Wolf Richter, Wolf Street Growth of exports from China has been dropping relentlessly, for years. Now this “growth” has actually turned negative. In September, exports were down 3.7% from a year earlier, the “inevitable fallout from China’s unsustainable and poorly executed credit splurge,”...

Freight Goes to Heck, Now Even in the US

by Wolf Richter, Wolf Street The Dow Jones Transportation index has been warning us: by August 25, it was down 19% year-to-date before bouncing. It’s now off 13%. Not all is well in the transportation sector – and by extension...

China Containerized Freight Index Collapses

China Containerized Freight Index Collapses

TDC Note – It appears that since Dave and I followed up on Wolf’s report from April the situation has become worse. If no one is shipping hard goods from the worlds manufacturer how can there be a global economy?...

Economic Disaster

Economic Disaster by Rory – The Daily Coin TDC Note – Originally published December 9, 2015. If we look at some of the dots that are beginning to line up, 2016 may not be a very good year for manufacturing,...

Why Hanjin’s Zombie Collapse Won’t Be the Last One

Why Hanjin’s Zombie Collapse Won’t Be the Last One

China Containerized Freight Index remains near record low. Hanjin Shipping Co. filed for the equivalent of bankruptcy protection in South Korea on August 31 and over the past two weeks in the US and dozens of other countries. Some of...

John Rubino: A Crisis Unlike We Have Seen In Human History

John Rubino: A Crisis Unlike We Have Seen In Human History

by Rory, The Daily Coin I sat down with John Rubino, Dollar Collapse, to discuss the current state of our economic world. In a very lively conversation we hit some of the more pressing items of the day. John has done...

Economic Disaster

Economic Disaster by Rory, The Daily Coin If we look at some of the dots that are beginning to line up, 2016 may not be a very good year for manufacturing, retail or the economy as a whole. The U.S....

Global Slowdown Worse than Forecast

Global Slowdown Worse than Forecast

by Wolf Richter, Wolf Street Who is going to pull the global economy out of its funk? No one knows. But it’s not going to be China – regardless of how many more times the central bank is going to...

China’s Economy Continues To Crumble As Key Data Is Worst In 15 Years

China’s Economy Continues To Crumble As Key Data Is Worst In 15 Years

TDC Note – As the worlds manufacturing center, China may be the most important economy in the world. If nothing is being made and shipped out to the rest of the world, what does that tell you about the reality...

If History Is Any Indication, Junk Bonds And Copper Are Telling Us Exactly Where Stocks Are Heading Next

If History Is Any Indication, Junk Bonds And Copper Are Telling Us Exactly Where Stocks Are Heading Next

by Michael Snyder, The Economic Collapse Blog Yields on the riskiest junk bonds are absolutely soaring and the price of copper just hit a fresh six year low.  To most people, those pieces of financial news are meaningless.  But if...