Thursday, December 28, 2006
Keep on Truckin' - Maybe Not..
I've made a number of posts in the last month about the breakdown in the Dow 'trannies', or transports and the red flag which that has posed in the past to the broader market. Here and there I've also thrown in a few stories about generalized trucking companies warning that business has slackened substantially in the 4th quarter. Yet more evidence appears today that economic headwinds are picking up: (Read this trucking industry report on falling truck tonnage)