6/26

On the cusp of the back-to-school season and well-before the traditional surge for the holidays, trucking volumes popped during July. According to the American Trucking Associations:

The advanced seasonally adjusted For-Hire Truck Tonnage Index increased 2.8% in July, following a revised drop of 0.4% during June. In July, the index equaled 135.0 (2000=100), the second highest level on record. The all-time high of 135.8 was reached in January 2015.

And even as demand for trucking increases, the supply of truckers continues to fall behind. In an August 18 blog post Yossi Sheffi explains why he does not see a near-term solution emerging.

[Additional commentary and links at Homeland Security Watch]