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?
Is Trucking in the Midst of a Freight Recession?
Recent economic reports from trucking industry analysts show a decline in the freight market in the near term, but it could stabilize in the long term.