View post on imgur.com https://www.bloomberg.com/news/articles/2022-09-10/us-freight-railroads-to-cut-services-as-union-talks-fail-report h/t dr0id
https://twitter.com/elliotrlewis/status/1567708940342902784 UPS drivers who earn $95,000 a year are threatening to strike, and it could hurt virtually every American. Look at what happened in 1997 August 4, 1997, probably doesn’t stand out as a significant day in world history. But …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But the cost of shipping surges, no holds barred. The signs that the infamous cyclicality of the transportation industry is changing direction once again are still timid. This industry is a thermometer of the goods-based economy. …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter It’s cyclical. The transportation sector is a reflection of the goods-based economy in the US. Demand has been blistering across all modes of transportation. Freight shipment volume (not pricing… we’ll get to pricing in a moment) …