Commentary on Transportation and The Economy

I think the recovery is taking root. No economy is perfect even in the greatest of boom times BUT steady signs of improvement are showing. As far as how this improvement is affecting truckers and carhaulers, the simple fact is goods have be shipped. Even after considerable damage was done to the economy in 2008 and 2009, life has gone on and food and services have to be delivered.

This alone is a stepping stone to a greater recovery.While there are challenges like high fuel costs, regulation fears , and driver shortages, they are surmountable challenges.The part of the economy that has survived the recession is growing again.

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Related articles

• Fed ponders next steps for economic recovery (capitolhillblue.com)

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Jobless claims falling...

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From Transport Topics
4/7/2011

Initial jobless claims fell by 10,000 last week, the Labor Department reported Thursday.

New claims fell to 382,000 for the week ended Saturday, below economists’ forecasts of a drop to 385,000 from the originally reported 388,000 in the prior week, Bloomberg reported.

It was the lowest level since Feb. 26.

To read the full article click HERE

Towing Part: 4 point tie down kit

Small Businesses’ Confidence Hits Three-Year High

From Transport Topics
February 8, 2011

A survey released Tuesday showed that confidence among small businesses hit a three-year high, Bloomberg reported.

Towmate Limelight

The National Federation of Independent Business optimism index rose to 94.1 in January, the highest since the recession began in December 2007 as the outlook for sales and profits improved, the group said Tuesday.

The reading was lower than the average 100.7 during the last expansion that started in November 2001, Bloomberg reported.

Small businesses are defined as independent enterprises that employ up to 500 people.
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