Trade

Dry bulk shipping Dumps

Submitted by Chris Ducret on Wed, 01/22/2020 - 12:30

Back to the basics.  Keep your eye on Baltic Dry shipping rates.  the BDIY tracks the shipping rates for dry goods.  Important basic commodities.  Grain, coal, ore, steel coils and cement. The basic building blocks of the world economies.  The index provides and average of the shipping cost for these dry goods across 20 different routes.

Freight Train not coming your way

Submitted by Chris Ducret on Sat, 01/04/2020 - 15:19

Last month mentioned Cass's perspective of the economy based on goods moving or more important the lack of goods moving.  Now a report from from the Association of American Railroads (AAR) further reinforces what Cass showed.

There are 13 types of freight tracked. Only 1 showed and increase (Petroleum). Everything else is down year over year.