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Title: Trucking Volume Collapses, Falls Most Month To Month Since March 2009
Source:
The Business Insider
URL Source: http://www.businessinsider.com/truck-tonnage-august-2010-9
Published: Sep 28, 2010
Author: Gregory White
Post Date: 2010-09-28 18:08:30 by Nebuchadnezzar
Keywords: None
Views: 3972
Comments: 7
Trucking Volume Collapses, Falls Most Month To Month Since March 2009 Gregory White | Sep. 28, 2010, 4:29 PM | 847 | 3 Email Sent! You have successfully emailed the post. Truck tonnage may have increased 2.9% year-over-year in August, but the collapse in month-over-month levels is much more illuminating. Tonnage fell by 2.7% from July to August, according to the American Trucking Association. That's the biggest month over month fall since March 2009. The chief economist at the ATA, Bob Costelo, says this slowdown was expected and that it should be slowing further with the economy for the remainder of the year. From the American Trucking Association: Read more: http://www.businessinsider.com/truck-tonnage-august-2010-9#ixzz10rfFllQh
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#1. To: Nebuchadnezzar (#0)
That's BULLSHIT. not. one. word. anywhere. bloomberg et al. Only Rail is a bigger incident LEI. Or Consumer Metrics. Crony capitalism is like an addict: if the Central State withers, so do the crony-capitalist "enterprises." All these businesses are "Federal entrepreneurs," totally dependent on State contracts, contacts and swag for their survival. Total dependence on the State is a key trait not just of Crony Corporate Capitalism but also of Third World kleptocracies (which is why the U.S. is also a kleptocracy in key ways). Both are partnerships of the State and privately controlled cartels which skim much of the national income and redistribute it to their own benefit. Which would you rather depend on: a pyramid with a broad base, or one stood on its point? That is the acme of instability and insecurity." http://www.oftwominds.com/blog.html
#2. To: All (#1)
Picture 16 Persistently low rates could force firms to rethink or even exit from businesses. Consider fixed-rate annuities and life-insurance products that offer a guaranteed minimum payout. If insurers, when selling products, didn’t match that liability with assets generating similar income, losses could ensue. http://www.nakedcapitalism.com/
Top • Page Up • Full Thread • Page Down • Bottom/LatestThe chief economist at the ATA, Bob Costelo, says this slowdown was expected and that it should be slowing further with the economy for the remainder of the year.
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