“Bloomberg had a nice report today on the state of the truckingindustry in the USA. They note the following:
- Truck freight loadings in April were up 3% year over year and 1.4% month over month.
- Actual tonnage was up 2.8% year over year and 2.6% month over month.
- BB&T trucking analyst Tom Albrecht notes 29 consecutive months of growth.
- Tonnage is seasonally steady.
- MOST IMPORTANTLY – we have never had a recession when tonnage is expanding.”