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.”
Weakness in transportation deepens. Freight rates still rising, but also coming under pressure.
A hard U-Turn.
A six-quarter surge, with first signs that some of it has started to unwind.