A hub for independent voices and hard truths
Houston Public Media reports a recent derailment involving a train carrying chemicals, with officials confirming an investigation is underway Chemical cargo rail incidents continue to surface with repeated “under investigation” responses from operators Past derailments involving hazardous materials have left …
New drivers get lied to about $150k years while real first-year pay barely hits $60k after fuel and feesThe backbone of the economy is snapping one exhausted driver at a time. Man they deregulated trucking calling it freedom then built …
For the first time, a driverless commercial truck delivered freight, completing a 230-mile route from Houston to Dallas.
by Michael Where do we go from here? Peace talks with Iran have totally failed, and there appears to be no hope that the gaps between the demands that the U.S. is making and the demands that Iran is making …
🇮🇷 The Strait of Hormuz closure is forcing cargo ships to reroute around Africa. Journeys are now 3x longer (up to 60 days) and 4x costlier. Nearly 2,000 vessels were trapped. Only a trickle is getting through now, and Iran …
They're hiding a job market collapse. Hiding the job market collapse keeps the stock market higher. Keeping the stock market higher lets the top 10% keep spending. What happens when the charade ends? https://t.co/cDYrPPyai7 pic.twitter.com/38KbSeVM7f — Darth Powell (@VladTheInflator) February …
In the sewer business, they say a good flush beats a full house. This one isn’t a good flush. It’s the other kind that fills your house with a stinking mess you have to live with. by David Haggith Adam …
This is consistent with the effects cited in the recently released SF Fed study of 150 years of tariffs. Tariff shocks = higher unemployment = lower inflation = clear aggregate demand contraction. This is not model based. It’s historical, empirical …
How can trucking collapse 17% and still be called a boom. Freightwaves CEO: Certain portions of the goods economy are collapsing. Year-over-year trucking volumes is down 17%. Industrial sectors, we're down 30% year-over-year, which is Great Financial Crisis levels of …
We’re about to enter the retail holiday season. Give it a few more weeks to see the real horror. Trucking freight volumes, a signal for the goods economy are a dumpster fire right now (-17% YoY) pic.twitter.com/4YPkLJtHdu — Craig Fuller …
The economy breaks to 2 basic industries; MAKERS and TAKERS Do not underestimate the transportation industry as a key economic indicator — The Sagami Letter | Tony Sagami (@anthonysagami) August 20, 2025
Another wave of closures and layoffs has hit workers and companies tied to commercial transportation, manufacturing, lumber production, distribution and logistics across the U.S. Over the past several weeks, there have been 4,137 job cuts announced, according to media reports …
Supply chain jitters deepen with sustained trucking decline. US trucking volumes are down 14% YoY. The diversion in the direction freight market started in earnest around early February, around the start of some of the chaotic messaging around tariffs began. …
Treasury yield spreads widening could signal a significant market pullback, historically linking to major SPX crashes. Bear Porn Update: A freight train is coming for SPX, NDX, DJIA, and RUT…Why, you ask? Because history tells us. Just have a gander …
This is the shocking moment a freight train smashed into a stranded vehicle carrying a military howitzer in South Carolina. The crash happened at a railroad crossing near Highway 52 in Goose Creek yesterday afternoon. Debris can be seen flying …
Up another 10% this week https://t.co/uVIKk7pMAN pic.twitter.com/LspLhrwuUl — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) July 5, 2024
The second wave of inflation is becoming increasingly evident. Global freight costs continue to rise relentlessly byu/RobertBartus inEconomyCharts
In a recent shocking move, the Texas-based U.S. Logistics Solutions (USLS), owned by Ten Oaks Group, abruptly ceased operations, leaving over 2,000 employees jobless. The closure affected 500 truck drivers, 732 power units, and resulted in the shuttering of 19 …
Oh boy. Global freight rate for containers just surged 61% this week. Not the time to celebrate the end of inflation. A second wave is likely underway. H/t @dailychartbook pic.twitter.com/X9K2DZJDWR — Otavio (Tavi) Costa (@TaviCosta) January 5, 2024 The global …
BREAKING NEWS RED SEA ATTACKS THREATEN TO CUT GLOBAL SHIPPING CAPACITY 20% 20%. Supply chains… — Gold Telegraph ⚡ (@GoldTelegraph_) December 23, 2023 “NEW YORK — The series of ship attacks by Iran-backed Houthi rebels in the Red Sea could …
via RT: Global logistics companies have been hit with rising ocean and air freight prices and stranded cargo as a result of vessels being diverted from the Red Sea amid the risk of attacks from Houthi militants in Yemen. According …
Inflation persists; container shipping costs skyrocketed overnight, with a container now costing up to $10k, compared to yesterday’s $1900. via CNBC: “With the Red Sea diversions by shipping companies including Maersk continuing amid the risk of attacks by the Houthis, …
In the midst of a severe recession in the freight market, marked by an oversupply of trucks and a scarcity of freight, the logistics industry faces a wave of bankruptcies, closures, and layoffs, with notable companies like Yellow Corp. and …
by polloponzi Here is a round-up of the doom and gloom headlines that have occurred in one of the worst downturns in freight market history. 30,000 employees out of work when trucking firm Yellow shuttered 2/ pic.twitter.com/NdBSIIfIxE — Craig Fuller …
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
Epic new video has emerged of migrants attempting to enter the US in Eagle Pass, Texas, on top of a freight train. pic.twitter.com/RwaqePSq0s — Sprinter Press (@SprinterPress) September 26, 2023 The #EaglePass area continues to experience an influx of illegal …
Higher cost for consumers… ” How Yellow’s Bankruptcy Is Rippling Through the U.S. Economy – WSJ ” ” Industry experts say they expect prices to rise with Yellow’s rates now off the table for many shipping customers.” https://www.wsj.com/articles/yellow-bankruptcy-us-economy-e2761b0b “… we …
And make no mistake: we're in the depths of a violent freight recession… turning Yellow back on to a sustainable level is the equivalent of trying to restart a modern day nuclear reactor using cold fusion. https://t.co/dcW1k7RFXQ — Steve from …
Current freight market explained in one graphic pic.twitter.com/iSLemeT2ud — Ben Tschirgi (@BenTschirgi) July 18, 2023 These are the REAL initial economic indicators of a recession/depression. Obviously started at least a year ago. h/t Simian_Stacker