Another Bad Month for Truck Shipping

by Mike ‘Mish’ Shedlock
Mish Talk

Truck shipments were up in June from May. So were expenditures.

That sounds pretty good, but it really isn’t. Shipments are normally up in June and the Cass Freight Index report from which I get numbers is not seasonally adjusted.

The best way to compare June is to prior years, and that picture isn’t pretty.

Cass Freight Index

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