Money Roll: Freight, rates, the economy in 6 slides

In the American Trucker Money Roll this week, we’ll start with the big picture and work our way to some freight numbers:

  • U.S. GDP came in with very low growth for the first quarter;
  • consumer confidence crashed in April after being up in March;
  • Wall Street thinks truckload capacity is loosening up and the spot market slip supports the thesis;
  • indeed, the latest spot market report from DAT shows fewer loads and more trucks;
  • rail intermodal traffic was up nicely last week, though carloads continue to lag; and yet
  • the economy’s good enough that a Freightliner plant is hiring another 600 workers. 

 

TAGS: News
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish