First-quarter 2019 GDP grew at 3.2%, and the latest guess about the second quarter is 1.7%. That latter number is a disappointment for sure, but it is not a negative, says longtime trucking economic analyst Noel Perry. But what about freight?
FTR: Trucking Conditions Declined Slightly in August
FTR’s August Trucking Conditions Index found that although there was some drop off in activity from the previous month, the business environment for fleets remains generally favorable.