Guest Commentary: Tight Transportation Capacity, Not Flagging Demand, Behind ISM Report Showing Slowing Activity
FEBRUARY 25, 2014
Analysts point to the steep decline in orders for new transportation equipment as evidence that manufacturers are seeing weakness. In reality, it may not be softening demand at the root of manufacturers’ slowdown in the bookings for new trucks, trailers and other equipment. Weather — If you’re in transportation you know all about the difficult state of affairs many North American shippers are faced with so far this year. On one hand, new orders for U.S.