Freight Rail Traffic Plunges: Haunting Pictures of Transportation Recession | Wolf Street

KW: Anyone thinking that central bankers have got the right solution for economic progress should read this article, look at the pictures and if the bankers are right then ask why and how could this be happening? It’s the same for US truckers, sales of big rigs have plummeted as a trucking recession takes hold as goods transported slows dramatically. Transportation of goods is a lead indicator that the economy has slowed and recession is likely. When the outside looks rosy (ie. markets reaching new highs) you expect business to be booming along but this indicates a rotten core

Majestic sight: 292 Union Pacific engines idled in Arizona Desert.

Source: Freight Rail Traffic Plunges: Haunting Pictures of Transportation Recession | Wolf Street