Why a possible railroad strike would cripple the supply chain and encourage inflation fears
The cost of a rail strike is seen at $2 billion a day; ‘there aren’t enough trucks to handle that volume’ – for several days, the prospects for preventing a railroad strike or lockout rested with a handful of leaders from labor, industry and government, whose marathon talks led to a tentative agreement Thursday.
Steelmakers idle manufacturing as oversupply dampens prices
Lower steel prices are weighing on manufacturers, pushing some to idle production as they grapple with rising raw material costs.
Diesel dropping rapidly in futures market, outstripping declines in crude
Diesel futures prices have made a stunning downturn in the past few days as signs of weakening demand in the U.S., rising inventories that have developed as a result and reports of Chinese exports have hit the once high-flying market.