Don't Panic. This Trucking Recovery May Be Two Steps Ahead, One Step Back
The American Trucking Associations' closely watched advanced seasonally adjusted for-hire Truck Tonnage Index fell 0.3 percent in September. This came after it increased 2.1 percent in both July and August.
It's easy to get caught up in 30- and 90-day windows in America's short-term vision approach to nearly all aspects of U.S. business.
Who's up, who's down, who's coming up at the plate?
But given the notoriously cyclical U.S. trucking market place, it's better to step back and take a slightly wider window of observation. So don't panic over the 0.3 percent decline in truck tonnage in September, as reported by the American Trucking Associations. Keep in perspective this index rose 2.1 percent in both July and August, so it's a net gain for the summer, really. Full Story.......