Independent thinking for complex markets and current events
Iran: The Strait of Hormuz is closed — unusual_whales (@unusual_whales) March 27, 2026 Iran declares Strait of Hormuz closed and warns ships will face ‘harsh measures’ Three container ships of mixed nationalities were forced to turn back after warnings Iran’s Islamic Revolutionary Guard Corps has announced that the Strait of Hormuz is closed and any …
A container ship was struck by a projectile while transiting the Strait of Hormuz north of Oman, maritime security agencies said. The United Kingdom Maritime Trade Operations (UKMTO), an agency linked to the U.K. military that monitors commercial shipping, said the vessel was sailing eastbound when it was hit by an unknown projectile just above …
https://twitter.com/spice1975503/status/1992215378181619837 Major retailers warn of slowing consumer spending and cut forward orders Nov 19 (Reuters) – Target (TGT.N), opens new tab reported a bigger-than-expected drop in comparable sales on Wednesday and offered a wide range of profit outcomes for its holiday quarter, as it cuts prices and makes investments to appeal to cash-strapped U.S. consumers. …
This isn’t China. This is Long Beach, California. Over 100 transport containers move autonomously between quayside cranes, storage yards, and rail transfer points. The vehicles can achieve a maximum speed of 13 mph, and can transport containers that are up to 70 tonnes. This isn’t China. This is Long Beach, California. Over 100 transport containers …
Container shipping traffic from China to the US is falling again byu/RobertBartus inEconomyCharts
Container shipping traffic from China to the US is plummeting: The number of ships departing from China to the US over the last 15 days has dropped to its lowest since February. Excluding the Chinese New Year-related decline in February, this is the lowest level in over a year.… pic.twitter.com/AYuPPJRXwS — The Kobeissi Letter (@KobeissiLetter) …
by Fidler_2K https://www.cnbc.com/2025/05/06/trump-tariffs-hit-us-exports-import-covid-level-event.html The Port of Portland, Oregon, tops the list with a 51% decrease in exports, while the Port of Tacoma, Washington, a large agricultural export port, has seen a 28% decrease. Tacoma’s top destinations for corn, soybeans and other ag exports include Japan, China and South Korea. The trade data shows declines of …
The White House has put itself and the country in a bad situation but doesn’t realize it yet. Around April 10th China to USA trade shut down. It takes ~30 days for containers to go from China to LA. 45 to Houston by sea, 45 to Chicago by train. 55 to New York by sea. …
Last week’s trade data shows an incredibly bleak picture for the economy: – 49% drop in global container bookings – 64% drop in U.S. imports. – 30% drop in U.S. exports. The data from March 24-31, 2025, compared to the subsequent week (April 1-8, 2025), shows a dramatic decrease in pre-order quantities. The total number …
The Drewry World Container Index surged by 16% this week to reach $3,159 per 40ft container, marking an astonishing 81% increase from the same period last year. Compared to pre-pandemic levels in 2019, current rates are a staggering 122% higher. Year-to-date averages remain significantly elevated at $3,227 per 40ft container, surpassing the 10-year average by …
https://twitter.com/HaywerdJablomi/status/1772508796729852383 The morning silence shattered as the Francis Scott Key Bridge in Baltimore met its unexpected fate, crumbling into the sea in a breathtaking cascade of steel and concrete. The collision, captured in a chilling livestream, unfolded with surreal intensity as a towering cargo ship collided with one of the bridge’s support beams. Smoke billowed …
Never giving up saves your life. Police say someone heard a missing Florida mother banging on the locked door of a shipping container after a co-worker reported her missing. Cocoa Police Department said in a Facebook statement that Marlene Lopez, 52, was found trapped in a shipping container next to a business on Cocoa Boulevard. NBC News …
Global Supply Chains continue to function well and are no longer a valid excuse justifying above-average inflation. pic.twitter.com/Tt2AT8AxG6 — Charlie Bilello (@charliebilello) October 24, 2023
How bad is #China's export situation?The container shipping cost from China to Los Angeles has dropped by 95%, from $18,000 early last year to $900 now. Someone said, "How terrifying! No one is buying #Chinese goods. Some of my chain store clients explicitly reject goods made… pic.twitter.com/Q8UfYHwqoG — Inconvenient Truths — Jennifer Zeng Reports (@jenniferzeng97) …