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Grocery stores would run out of food in 3 days if long-haul truckers stopped working

Grocery stores would run out of food in 3 days if long-haul truckers stopped working Your favorite products wouldn’t be available for too long if truckers stopped working.AP Photo/Matt Rourke Trucking moves 71% of the freight in the United States. Most of the basic functions of society wouldn’t be effective if truckers were to stop […]

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China May Skip Trade Talks, Cripple US Supply Chains After New Trump Tariffs

China May Skip Trade Talks, Cripple US Supply Chains After New Trump Tariffs When discussing yesterday’s WSJ report that the Trump admin may slap the new, $200BN round of tariffs on Chinese imports as soon as tomorrow, we said that such an escalation would likely derail talks with top Chinese officials, currently scheduled in Washington […]

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Global Trade Hit By Rare Decline As “Supply Chains Seize Up”

Global Trade Hit By Rare Decline As “Supply Chains Seize Up”  With the Trump administration about to slap tariffs of up to 25% on an additional $200 billion in Chinese goods, new data suggests that the global slowdown has already begun. Confirming our observations from two weeks ago, in which we showed that the latest […]

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TARIFF WARS AND THE FALLACY OF THE BALANCE OF TRADE

TARIFF WARS AND THE FALLACY OF THE BALANCE OF TRADE The world may be on the brink of a series of trade wars between the United States and both the European Union and China. All the parties say they don’t want this — though President has asserted that trade wars are not a problem and […]

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What’s Your Plan B?

What’s Your Plan B? Although Plan B includes a wide spectrum of options, these three basic categories define three different purposes for having an alternative residence lined up. We all have a Plan A–continue living just like we’re living now. Some of us have a Plan B in case Plan A doesn’t work out, and […]

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Global Supply Chains Paralyzed After World’s 7th Largest Container Shipper Files Bankruptcy, Assets Frozen

Global Supply Chains Paralyzed After World’s 7th Largest Container Shipper Files Bankruptcy, Assets Frozen After years of relentless decline in the Baltic Dry index… … today the largest casualty finally emerged on Wednesday when South Korea’s Hanjin Shipping, the country’s largest shipping firm and the world’s seventh-biggest container carrier, filed for court receivership after losing the […]

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West Coast Ports Shut Down For Holiday Weekend: Supply Chain Halt Threatens Havoc On Reeling Economy

West Coast Ports Shut Down For Holiday Weekend: Supply Chain Halt Threatens Havoc On Reeling Economy A week ago, when we wrote “Catastrophic Shutdown Of America’s Supply Chain Looms” As West Coast Port Worker Talks Break Down“, few people noticed… as was to be expected: after all with January’s retails sales just around the corner, […]

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The invisible network that keeps the world running

The invisible network that keeps the world running It’s been just over 45 years since the Apollo Moon landings, and some would have it that we are failing to build big anymore; that we’ve since become too fascinated with the small, too impressed by our tablet computers, games consoles, and smartphones that we don’t invest in […]

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“Catastrophic Shutdown Of America’s Supply Chain Looms” As West Coast Port Worker Talks Break Down

“Catastrophic Shutdown Of America’s Supply Chain Looms” As West Coast Port Worker Talks Break Down For those who have been following the recent ISM reports, one of the recurring concerns of respondents in both the manufacturing and service sector has been the congestion at West Coast Ports – which handled 43.5% of containerized cargo in the […]

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