According to a recent survey of trucking executives, the combination of slow but steady growth in tonnage and fuel price volatility have the industry's mangers in somewhat of a holding pattern, described by GE Capital's ...
The week's highlights in potential economic indicators all show positive growth for both the trucking economy and the U.S. economy as a whole.
In a month in which the U.S. economy added 171,000 jobs, for-hire trucking companies added 3,600 payroll jobs in October, according to estimates by the Bureau of Labor Statistics on Nov. 2.
Three indicators of the trucking economy's current state and potential future trends show slightly mixed readings this week.
The amount of freight carried by the for-hire transportation industry fell 0.6 percent in August from July, declining after a one-month rise.
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