This freight waves publication has been a helpful reference for the character of market logistics. They had been predicting a drop in freight prices, which they hit fairly precisely. Now they’re saying that transport demand is disappearing. This jives with all the opposite information popping out of the market. Reducing advert spends, rising prices of retailer stock, studies of lowering iPhone and Samsung cellphone manufacturing orders.
I suppose the excellent news is that inflation for merchandise are certain to decelerate. The unhealthy information, power costs maintain accelerating and rates of interest are rising. I do not see how the market avoids one other first rate sized drop.
