Based on the latest reports on durable goods manufacturers’ shipments, orders and inventories, freight volume has yet to decline. The most recent numbers from the US Census Bureau show that orders for manufactured durable goods increased in May by 0.7% to $267.2 billion. This follows increases for seven of the past eight months.
Trucking Sector Sees Healthy Growth in May
Welcome news for the trucking sector saw a healthy increase of 2.7% in for-hire truck tonnage for the month of May across the United States. A promising month of growth on the back of two straight months of small decreases.
The Mid-America Trucking Show Begins This Week in Louisville
This week sees the return of one of the biggest events on the annual trucking calendar as the Mid-America Trucking Show takes place in Louisville, Kentucky. Industry professionals, manufacturers and affiliated companies across the trucking industry will be present in huge numbers at the Kentucky Exposition Center.