Comment / On the wires: The snail, the whale and the rail...

With a foggy brain perhaps caused by a rather grey pre-spring day in the UK, we are simply passing on some very useful findings from highly detailed UBS research published today. Surely worth five minutes of your time, it focuses on how softer consumer spending could affect future freight demand.

In its “top-down analysis”, the broker identified and charted several patterns and risk drivers that could shape the freight environment in the coming months.

Firstly, the UBS desk stateside notes, lower disposable income is a ...