Great Depression

Route 66: How the Mother Road helped connect America

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FreightWaves Classics is sponsored by Sutton Transport, an LTL leader in the Midwest for more than...

https://www.freightwaves.com/news/route-66-how-the-mother-road-helped-connect-america

The Biggest Superyachts Listed For Sale In 2022

Credits: Bluefin Led/ Unsplash
  • Kicking off this list is the elusive 155 meter Al Said which joined the market for the first time in 2022. 
  • B2 was one of the largest vessels at the 2022 Monaco Yacht Show sitting along the breakwater next to Project X and Ahpo in Port Hercule. 
  • The second largest yacht built in North America since the Great Depression, Laurel was originally delivered in 2006 as the flagship of US yard Delta Marine. 

As the year draws to a close, we take a look back at ten of the...

https://mfame.guru/the-biggest-superyachts-listed-for-sale-in-2022/

Port of LA chief: ‘We will need to reinvent ourselves’

The Port of Los Angeles loses approximately $400,000 in revenue with each canceled sailing. With 28 blanked sailings forecast for the remainder of the second quarter through June 30, that’s $11.2 million in revenue the port won’t collect.

“But the story is much greater than that,” said Port of LA Executive Director Gene Seroka of the coronavirus pandemic. “So many folks now are seeing the impacts, whether it be on quarterly earnings announcements, their decisions on personnel, what we see in the...

https://www.freightwaves.com/news/port-of-la-chief-we-will-need-to-reinvent-ourselves

COVID19 Worst Recession After the ‘Great Depression’ !

countries gdp

According to a BBC report by BBC Business Reporter, Szu Ping Chan, the International Monetary Fund has said that the global economy will contract by 3% this year as countries around the world shrink at the fastest pace in decades.

  • The IMF described the global decline as the worst since the Great Depression of the 1930s.
  • It said the pandemic had plunged the world into a “crisis like no other”.
  • The Fund added that a prolonged outbreak would test the ability of governments and central banks to...

http://mfame.guru/covid19-worst-recession-after-the-great-depression/