For Trucking and Railroads, it’s Hangover Time.
Navistar confirms next phase in Transportation Recession.
Order backlog still feeds truck makers, but they don’t disclose for how long.
US freight shipments fall for 7th month in a row. After the boom, the bust.
“Orders” of Heavy Trucks Collapsed by 70% but “Sales” Rose to Highest Level Since 2006: There’s a Lag. And Sales Are Next
After truck manufacturers eat up their backlogs, then what?
And now not even their foreign subsidiaries are immune.
Freight shipments dropped the most since Nov 2009.
FedEx has had it with Amazon’s tactics. Ecommerce draws up new battle lines – in the transportation sector.
“When times are tough, the thinking switches to the short-term. Many fleets are just fighting for survival.”