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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: 4084
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
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/
the end of 2010 will be marked by a sharp downward revision of all current forecasts (including already reduced forecasts for the United States). Source: Reuters, 09/09/2010 "the wealthiest 5 percent of Americans, who earn more than $180,000, added slightly to their annual incomes last year, census data show. Families at the $50,000 median level slipped lower." Income Inequality Reached Record High in 2009 - NYTimes.com Sep 28, 2010... the wealthiest 5 percent of Americans, who earn more than $180000, added slightly to their annual incomes last year, census data show. ... economix.blogs.nytimes.com/.../income-inequality-reached-high-in-2009/
They must have all migrated West. The CA highways are packed with them. I have never seen so many as I have this last 6 months.
In August I drove from CA to NM. The number of moving vans and trucks of people fleeing California was mind- numbingly large.
Clinton and Cuomo are the true bandits who lit the fuse to this economic crisis we're now in. All in the name of getting more minorities in houses: http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=12554
The number of moving vans and trucks of people fleeing California was mind- numbingly large. Great... I hope you are among the missing, so this state can get back on track.
I fled California in 2006, remember? Remember how my foresight of the upcoming housing bubble bursting found me making nearly $800,000 in profit and you blamed me? I'm not one of the saps sitting on the railing of the HMS Titanic-like you are. I'm one of the guys who has a lifeboat all to himself and I've got a nice magnum of champange and I'm enjoing the spectre of the ship about to take the plunge bow-first into the deep with all the greedy morons screaming at the top of their lungs. Caviar wishes to you Mininggold!
Clinton and Cuomo are the true bandits who lit the fuse to this economic crisis we're now in. All in the name of getting more minorities in houses: http://libertysflame.com/cgi-bin/readart.cgi?ArtNum=12554
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.
#2. To: All (#1)
#3. To: All (#2)
#4. To: Nebuchadnezzar (#0)
#5. To: mininggold (#4)
#6. To: Nebuchadnezzar (#5)
In August I drove from CA to NM.
#7. To: mininggold (#6)
Great... I hope you are among the missing, so this state can get back on track.
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