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Safe to Say Trucking Has Hit Bottom

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06.30.2009

rookietrucker rookietrucker is offline

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Safe to Say Trucking Has Hit Bottom

Safe to Say Trucking Has Hit Bottom. Now, How High Will the Dead-Cat Bounce Be?

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Truck tonnage, which fell close to 20 percent by some carriers' calculations, seems to have hit bottom sometime in the first or second quarter. A leading truck tonnage index shows that tonnage rose in May for the first time since February, although it wasn't large enough to offset the cumulative declines in March through April. Still, for a sector that has been in the doldrums since August of 2006, this is welcome news.

more here>> Safe to Say Trucking Has Hit Bottom. Now, How High Will the Dead-Cat Bounce Be?

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