Airlines

Warning: 30 airlines will go bust this year
By Prosser & Hickman — Up to 30 more airlines will go bankrupt before Christmas, warns chief executive of British Airways
Nov 21 2008, LONDON, ENGLAND, UK (INDEPENDENT)

The Controversy Over The Airline Safety Meltdown - What’s It All About?
By Bart Crotty — A spectre is haunting the cities and villages of most developing nations
Apr 10 2008, USA (BLOOMBERG)

Shipping

Shipping rates hit zero as trade sinks
By Ambrose Evans-Pritchard — Freight rates for containers shipped from Asia to Europe have fallen to zero for the first time since records began, underscoring the dramatic collapse in trade
Jan 14 2009, LONDON, ENGLAND, UK (TELEGRAPH)

As the World Economy Sinks, So Does Global Shipping
By Jeff Israely — The fast-sinking fortunes of the shipping industry
Dec31 2008, HONK KONG (TIME)

Ports become parking lots as goods pile up
By News Staff — Some U.S. ports now resemble parking lots, with vehicles lined up for miles, victims of the logjam in global trade
Nov 22 2008, CALCUTTA, INDIA (TIMES OF INDIA)

Somali pirates seize ninth vessel in 12 days
By Catherine Philp — International Maritime Bureau (IMB) describes situation as “out of control”
Nov 20 2008, LONDON, ENGLAND, UK (TIMES ONLINE)

Crisis talks begin amid fears of more bankruptcies
By Michelle Wiese Bockmann — Continuing market meltdown will trigger further insolvencies and chartering defaults
Nov 19 2008, LONDON, ENGLAND, UK (LLOYD'S LIST)

Ocean of opportunity for modern pirates
By Alastair Dalton — 21st-century piracy, where attacks are launched from GPS-equipped speed boats by gangs armed with automatic weapons
Nov 19 2008, EDINBURGH, SCOTLAND (SCOTSMAN.COM)

World freight prices collapse amid financial crisis
By News Staff — The first trigger for the collapse of dry bulk freight rates was the sharp sell-off across the commodity sector
Nov 18 2008, LONDON, ENGLAND, UK (AFP)

Rough Seas for Asia-Pacific Shipping Industry
By News Staff — A nearly perfect storm of negative influences is lashing the Asia-Pacific shipping sector
Nov 18 2008, USA (SEEKING ALPHA)

Moody's Downgrades Shipping Industry Outlook
By News Staff — Moody's downgrades Asia- Pacific shipping industry's outlook from "stable" to "negative" for 12-18 months
Nov 17 2008, SALEM, OREGON, USA (iSTOCK ANALYST)

Vale canceled orders on 12 VLOCs (Very Large Ore Carriers)
By News Staff — Orders cancelled for 2010 delivery of 12 of the world's largest ships
Nov 07 2008, NEW YORK, USA (BLOOMBERG)

Trucking

Freight Haulers Slam on the Brakes
By Dade & Roth — Expecting the weakest year in three decades, carriers are scaling back by rail, road and sea (PDF)
Dec 11 2008, NEW YORK, USA (WALL ST. JOURNAL)

Diesel Prices Fall, But Not Enough For Trucking Industry
By Pat Daddona — For most haulers, fueling their rigs is now the biggest single expense
Nov 18 2008, NEW LONDON, CONNECTICUT, USA (THE DAY.COM)

Volvo truck sales plunge 99.7%
By News Staff — 850 jobs may be axed in Volvo division making heavy construction vehicles
Oct 24 2008, LONDON, ENGLAND, UK (THIS IS MONEY)

Rail Services

Recession Rides the Rails
By John D. Boyd — Across the rail freight industry, the only business piling up is debris from a worsening economic crunch
Jan 19 2009, WASHINGTON, D.C., USA (TRAFFIC WORLD.COM)

'Meltdown' awaits rail freight system
By Michael Tarm — By 2035, traffic jams could be so severe trains would grind to a halt for days with nowhere to go
May 31 2008, TUCSON, ARIZONA, USA (AP)

Will tight credit markets impact railroads?
By News Staff — Will railroads have funding problems, or increased funding expenses, as a result of the current credit situation?
Sep 2007, NEW YORK, USA (BNET)

Mass Transit

New Ridership Record Shows U.S. Still Lured to Mass Transit
By Lena H. Sun — Americans rode subways, buses and commuter railroads in record numbers in the third quarter of this year
May 31 2008, WASHINGTON, D.C., USA (WA POST)