Freight rates are starting to soften. If you buy imported goods 2-3 months from now nad prices are as high as ever... that is just old fashioned corporate greed or still extremely strong demand which will mean prices aint going no where.
Dry van is, yep. When spot rates go below contract - watch out. But our mode is actually seeing similar activity to the last year, though price increases aren't at the same cadence as prior months. Driver hiring is up, too - which is a new change. That means capacity constraints will begin to ease (assuming product is available) but now the constraint becomes equipment. Can't get class 8 tractors anywhere.
If you’re trading this market then you’re nuts… https://www.cnbc.com/2022/05/03/the...rs-wonder-if-it-will-get-more-aggressive.html
Gonna get very bumpy.. trying to rotate out of most oil and into some real estate and dividend stocks and ride this out .
Logistics issues in the cross Pacific trade have taken a brief pause with the Chiense New Year and then shanghai and other lockdowns for Covids reducing exports. gave the trade some time to catch up a litlte bit though backlogs and tight space still exist on certain routes. This breif respite will be just that... brief. All logistics issues hit the 2nd half of the year and many will start earlier to get ahead of the logjam..... inflation and economic risks might slow some demand down to reduce the deluge coming but its coming....
Conservatives generally love Turkey's President Recep Tayyip Erdogan. Many conservatives in the U.S. have heaped all sorts of praise on this authoritarian leader. Let's see how inflation is going in Turkey. Oh, it's only ten times the inflation in the U.S. under Biden's leadership. But the conservatives still love Erdogan -- and his great "leadership skills". Inflation in Turkey soars to eye-popping near 70 percent in April https://www.nbcnews.com/news/world/inflation-turkey-soars-nearly-70-percent-april-rcna27443 Can someone explain to me why the perception is the U.S. is doing "so bad" with inflation when so many countries across the globe are doing worse in this inflationary period. There's also the reality that in many nations the fiscal policy is owned by "central bank" entities (e.g. The Fed) and not the executive administration. So the questions becomes "how much is a President" responsible for inflation versus being a 'victim' of it" in a global inflationary period.