Hints and tips:
...Express Shipping, a freight company — were suddenly interested in offering better terms....
...IHS Markit believes electric vehicles only reduced about 50,000 barrels a day of oil demand last year out of a near-100m b/d market....
...Both YRC and Old Dominion Freight Line sounded similarly gloomy about December’s figures....
...YRC said it had to pay $34m to $45m a month to its plan, while its freight volumes had fallen by 29 per cent in the latest quarter compared with a year ago....
...Truck freight volumes in March this year were 12.2 per cent below the same month last year, according to the American Trucking Associations....
...Shippers wanting to send goods from Asia to Europe have sometimes recently been offered a freight rate – the rate the line charges to transport a container – of zero as long as they pay surcharges to cover...
...He has preferred to seek out value in, as he phrased it in his 2007 letter, “companies that have: a) a business we understand b) favourable long-term economics c) able and trustworthy management and d) a...
...The US energy department estimates that spare capacity has surged to a seven-year high of about 5m barrels a day, up from 1.5m b/d last year, as demand for oil has dropped because of the impact of the economic...
...The fall in demand expected by the IEA this year is almost double its forecast made in January of a decline of 500,000 b/d in 2009....
...According to the International Energy Agency, Opec members subject to quotas pumped in August about 30.4m barrels a day, well above the 29.7m b/d quota....
...YRC Worldwide , the trucking company, fell 9.7 per cent to $15.43 after warning it expected to incur charges in the fourth quarter related to previous acquisitions....
...b/d cut from December’s projection....
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