Archive for January 9th, 2011

U.S. Freight Carloads Weekly – January 9, 2011

U.S. railroads originated 240,073 carloads, up 5.6% compared with the same week in 2010 and down 9.9% compared with 5-year average. Week over week change was -6.3%.

Again: Looks like railroad traffic is weakening more than warranted by seasonal effects.

New Week Intro – January 9, 2011

Weekly economic calendar.

Tanker Weekly – January 9, 2011

Baltic Dirty Tanker Index fell 25.3% in last two weeks; Baltic Clean Tanker Index fell 18.4% in the same period.

To repeat: Large oversupply of ships in the Gulf. Somewhat strange that cost of shipping fell so much during crude oil price rally.

 

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