Morgan Stanley:
In Morgan Stanley’s latest report, dated 7/25/18, they show a downward trend in the truckloads indices stating that the 2 week “slightly underperformed seasonality”. Pointing to some relief after the abnormally tight market post-Roadcheck. However, 2018 is still expected to trend at all time highs.
Rising trucking costs bit into the bottom line of manufacturers, forcing them to sound the alarm to Wall Street.
Federal Reserve reports that tariffs and a shortage of truckers, and other skilled workers, could be acting as economic holdbacks.
Shippers, particularly in the retail industry, are shifting shipping modes more rapidly than expected, thanks to “Amazon Era”
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