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AGelbert

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Cars Stuck at Sea Shows Weight of U.S. Auto Industry Glut
By Bloomberg on May 01, 2020 01:14 pm
By Chester Dawson (Bloomberg) — The length of almost two football fields, the cargo ship Jupiter Spirit arrived in Los Angeles’ harbor on April 24 after an almost three-week journey from Japan, ready to unload its cargo of about 2,000 Nissan Armada SUVs, Rogue crossovers and Infiniti sedans in a quick, half-day operation. But when the […]  Read full story...




🦕 Tanker Rates 🌠 Crash as 🦖 OPEC+ Cuts Near. Tanker Owners Reman Bullish
By Bloomberg on May 01, 2020 11:49 am
By Firat Kayakiran (Bloomberg) — Oil tanker rates are crashing as a pact to limit global crude production begins. Don’t bet on the rout enduring. From today, crude producers in the OPEC+ alliance are cutting their collective output by a level that’s unprecedented in history — almost 10% of global consumption. Normally, such huge curbs would have destroyed […]  Read full story...
Rob not the poor, because he is poor: neither oppress the afflicted in the gate:
For the Lord will plead their cause, and spoil the soul of those that spoiled them. Pr. 22:22-23

 

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