Trucking

  • 14 Nov
    What Trucking Can Tell Us About The Economy

    What Trucking Can Tell Us About The Economy

    • Trucking data hasn’t been stellar year to date which questions the strength of Q3 economic growth.
    • No trend is clear yet, however the trucking index is an important indicator.
    • Trucking stocks aren’t tempting given the forecasted growth and inherent risks.

    Introduction 

    Trucking is an interesting sector for two reasons, one is of course as an investment, while the other is as an indication of the economic health of the nation. More demand for trucking means that there is more demand for goods which should increase GDP and consequently corporate revenues and profits. More →