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April 12 2022
I'm in the latter camp. I believe any freight recession will be temporary. Inventory restocking and easing of lockdowns in Shanghai should get the cycle going again.
April 14 2022
Reuters: Argentine grain-truck drivers, industry groups and government officials failed to make a breakthrough in talks on Wednesday to end a strike, raising a threat to corn and soy exports during the key harvest season.
April 16 2022
China is experiencing record port congestion yet the market thinks we're in the middle of a freight recession because a freightwaves.com article said so.
