What Happens To Freight And Rail Rates After Coronavirus Disappears?

After a week in which there were hopeful signs that the spread of the coronavirus in China had slowed, it's safe to say this past week was not a good one for companies with an exposure to supply chains that might be im.....»»

Pointing to strong freight demand, the expectation for improving intermodal rail service and a lack of drivers that will keep rates elevated, Schneider National (NYSE: SNDR) raised its 2021 earnings per share guidance Thursday. read more.....»»

The trains are still rolling in La Mirada. While the fallout of the coronavirus pandemic has hit the transportation industry hard, the rail freight sector is f.....»»

The trains are still rolling in La Mirada. While the fallout of the coronavirus pandemic has hit the transportation industry hard, the rail freight sector is f.....»»

Amid the coronavirus pandemic freight railroads continue to supply the nation with industrial goods indispensable to our society......»»

Two railroad labor unions are pressing the Federal Railroad Administration (FRA) to issue emergency orders pushing the freight and passenger railroads to adopt protective measures more speedily amid the growing coronavirus outbreak in the U.S. read more.....»»

Coronavirus fallout is beginning to show up in freight rates for outbound containerized cargoes from China. read more.....»»

Oil Bear Market Sends Tanker Rates Plunging, Hopes For Global Rebound Fade The coronavirus outbreak has sent Chinese oil demand, energy prices, and tanker freight rates plunging in the last three weeks. With more.....»»

The ECB's main interest rate will stay at -0.5%, while the coronavirus bond-buying package will stay at 1.85 trillion euros ($2.23 trillion). Christine Lagarde is the president of the European Central Bank. Olivier Matthys/Pool via Reuters The .....»»

Canadian Pacific Railway Ltd. agreed to acquire Kansas City Southern in a transaction valued at about $25 billion that would create the first freight-rail network linking Mexico, the U.S. and Canada......»»

Airlines operating in the U.S. are once again collecting the federal excise tax on freight shipments that were suspended for most of last year to help the industry survive the economic fallout from the coronavirus pandemic. read more.....»»

Boris Johnson said amid rapidly rising infection rates, the UK will likely need to remain under strict measures until.....»»

The U.S. dollar on Thursday plunged to a more than 2.5-year low against a basket of its peers after the Federal Reserve pledged to keep interest rates low until the economy shows signs of a sustainable recovery......»»

Freight rail stakeholders are offering early congratulations to former presidential candidate and South Bend, Indiana, Mayor Pete Buttigieg for his nomination to President-elect Joe Biden's Cabinet. read more.....»»

U.S. stock futures gained modestly Wednesday as COVID-19 stimulus talks progressed and as investors awaited the Federal Reserve’s decision on interest rates......»»

A weaker-than-expected read on April's coronavirus-affected retail sales released Friday contributed to the decline, as investors moved into the relative safety of the bond market, pushing yields down......»»

Yuri Gripas/Reuters A "b.....»»

While parts of the United States rush to open restaurants, stores and public places, Canada — fearful of the high coronavirus contamination rates to the south — is rushing to keep the 5,525-mile border closed for nearly six mor.....»»

Trump touts an economic recovery, a stronger dollar and his hopes for negative interest rates......»»

Monitoring freight and rail traffic is one of the primary means of knowing what is happening inside the economy. The situation looks dire......»»