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Transportation: Record Idle Ships, Trucking Tonnage Increases Slightly

Calculated Risk... | Tue, 03/03/2009 - 4:30pm | economic conditions, idle transporters, sinking shipping, stalling economy |  1 comment

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From the Journal of Commerce: Idle Box Fleet Reaches 1.35M TEUs (hat tip Vincent) Idled ocean container capacity on March 2 reached a record 1.35 million TEUs with 453 ships without work as carriers continue to axe services in the face of collapsing cargo volumes and tumbling freight rates across
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