The North American trucking fleets are presently confronted with a difficult decision. On the one hand, the market for freight is as positive now as it has been for some years. Measured by CASS Indices, both freight shipments and expenditure continue to climb, and the trading environment remains buoyant. The most recent industrial output data shows growth at its fastest rate since 2012. Against this we have to place muted retail sales and, as this article is being written there exists a growing nervousness about a global economic slowdown. Both oil pricing and US treasury yield point to some turbulence ahead, but despite this, there have been worse times to be involved in the trucking industry.
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