Joined Nov 11, 2007
31,929 Blog Posts

The Trucking Industry Continues to Expand

“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.”

Full article

If you enjoy the content at iBankCoin, please follow us on Twitter