- Huge numbers of ships anchored idle... - waiting for goods to ship. Shipping is down, to a degree not seen in recent memory...
Shipping in dire straights, crashing: The Leading Indicator on the Economy...
Updated Alert: 10/10/09
* “U.S. freight railroads originated 1,116,182 carloads in August 2009, down 16.4% (218,593 carloads) from August 2008 and the 10th straight double-digit monthly carload decline. However, the percentage decline in August was the lowest since February 2009.” * “Average weekly carloads on U.S. railroads in August 2009 (279,046) were more than 15,000 carloads higher than in July 2009 and higher than any previous month in 2009, though seasonal factors account for some of that increase…”
Looking at the report’s breakdown of rail traffic by commodity type, nearly every category still shows double digit declines from the prior year, although as the report indicates, traffic has improved significantly from the depths of the recession earlier this year. There are numerous charts in the report that show more granular details. Source: A Look at Warren Buffett's Favorite Economic Indicator --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- "A couple of years ago these ships would be steaming back and forth. Now 12 per cent are doing nothing" says a local. This was sourced from this article titled, "Revealed: The ghost fleet of the recession."
This is amazing and we can see in this YouTube video that it is not only in southeast Asia or around Singapore. It is also in the west, by one of the world's largest harbors near Rotterdam, The Netherlands:
This video is from something like the Dutch Wall Street Journal.
Is that a leading or lagging indicator? To me, it is leading; just as the Dry Ships, Inc Baltic Index was leading into the 2008 crash. And what do we see there now?
As the main article, which you should check out, started with, is what I will end this article with:
"The biggest and most secretive gathering of ships in maritime history lies at anchor east of Singapore. Never before photographed, it is bigger than the U.S. and British navies combined but has no crew, no cargo and no destination - and is why your Christmas stocking may be on the light side this year."
Fashion has long ago ceased to be a mere trend - it has become a lifestyle. It has become something we cannot imagine not being part of our lives, a basic necessity akin to food and water. How and why fashion is such a huge influence is not a mystery, but a product of history. topfashion.us The term Business Process Management (BPM) is a systematic approach to making a company's workflow more efficient, more effective and more capable of adapting to the ever changing business environment. It also refers to how professionals study, change and monitor business processes for purposes of ensuring they run well and can be upgraded over time. mrbusiness.us Internet shopping is becoming popular amongst users in developed nations, as it is more efficient to 'shop on the Internet' than to go physically into the stores. The Internet provides a virtual environment where consumers' demands are met with supplies. Web shopping is very convenient and beneficial. internetshopping.us Every home needs adequate lighting for people to see in the rooms and the proper lighting is not only for general backlighting but also for task illumination. Adding that extra touch of elegance, adequate home illumination enhances not only the overall ambient of the house but also the comfortable and cozy feel in it. This is why home lighting should be always carefully added in order to achieve the best results. homeimprovement101.us If you are looking for over 65s travel insurance then read on. There are many things that you should consider before taking the cheapest coverage. What's more, I consider, if you cannot afford travel insurance, then you cannot afford to travel. protraveler.us
How do you choose your furniture style when there are so many styles to choose? One way is to find a furniture style that you like. One that makes you feel comfortable, reflects your lifestyle and connects to you on an emotional level. makestyle Buying a business does not have to be a complicated endeavor when the proper process and methodology is followed. In this article, we outline eleven specific steps that should be adhered to when buying a business and bank financing is planned to be utilized. dobusiness Vanity Laws - the fad of creating laws to honor the memory of someone who has met a tragic end is ushering in a tragic end to democracy. It's time this nonsense was stopped. lawforum "Shopping and buying" in the layman's perspective, "Purchasing" in the marketing parlance all means to give money for something we get. To be short, it is trade. Barter was one system those days to exchange goods against goods where no money and calculation came into action. smartshopping Yes, it is true. You can make money online working from home and can actually make a lot of money if you work hard, stay focused and execute. You can build a home travel business and live the Internet lifestyle you always dreamed of by operating an online home travel business. abouttravel
Rolex Sky-Dweller replica watch offers some fantastic technology.This new model Sky-Dweller Rolex comes in the three variations observed below and offers a technological first for Rolex, a watch both with an annual calendar and two time zones.replique Omega I will do my best to explain these, but please see the video included in the visual is very useful. hublot repliques The annual date complication means the Rolex Sky-Dweller replica watches can account for how many days are each month so, with the exception of leap years,replique Breitling the Rolex Sky-Dweller will not need to have its advanced date for months Less than 31 days. In addition, the month itself is skilfully shown on the dial by an opening at each hour marker, very cool.
Wherever we find fashion, indeed fashion has emerged one of the most symbolic values for us today. replique Audemars Piguet More importantly, people have become aware of their style at the moment. breitling replica That's why they adopt new types of fashion by buying different types of fashion accessories every day. From mobile phones to replica handbags, from replica fashion jewelry wallets,replique panerai and ladies attracting to ties, people are buying all the other types of fashion accessories so as to meet their modern needs and desires With style and grace.omega replica Another most resounding fashion accessory to look for is called as a replica watch that has left all other fashion accessories very late due to its robustness, compatibility, reliability, profitability and universality of the world Whole. This is why more and more people are now buying replica luxury watches to meet their needs in style.