FedEx Parks Planes, Maersk Cancels Sails: World Trade Appears To Be Rapidly Deteriorating (Zero Hedge)

Economic storm clouds are gathering worldwide as some of the largest shipping companies warn about sliding global trade. US shipper FedEx and Danish shipping giant A.P. Moller-Maersk A/S have been vocal about emerging signs of a global slowdown. Both of these companies are widely seen as a barometer for international trade. READ MORE

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