Massive Collapse in Trucking Shipments for Seven Straight Months
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / December 17, 2015
A chart of the DAT freight index posted on CCJ Indicators shows a massive, ongoing collapse in trucking shipments.
“Spot freight falls 15 percent: The amount of freight available on the spot market fell 15 percent in November from October, DAT reported last week. That dip is in line with seasonal trends, the online loadboard said. Year over year, however, freight volume fell 45 percent from November 2014. Van freight fell 2.9 percent from October, flatbed 39 percent and reefer 9.1 percent, DAT says.”
The post Massive Collapse in Trucking Shipments for Seven Straight Months appeared first on Silver For The People.
Source: http://silveristhenew.com/2015/12/17/massive-collapse-in-trucking-shipments-for-seven-straight-months/
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