Is Santa Poised to Fill Christmas Stockings with Coal?
Is Santa Poised to Fill Christmas Stockings with Coal?
If container shipping is any reflection of the upcoming Christmas season, Santa is poised to fill the nationâs Christmas stockings with coal. Letâs start by noting that Baltic Dry Index Falls Below 500 for First Time Ever (gcaptain.com) and Container Freight Rates Plummet 70% In 3 Weeks (Zero Hedge). For a corroborative report on shipping along Americaâs Atlantic Coast, we turn to correspondentâŚ
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