Trucking Volume

An interesting post from the MarketBeat Blog regarding recent trucking volumes. They mention "volume fell 1.8% in October, putting the index at its lowest level since the end of the first quarter . . . The news prompted David Rosenberg, chief North American economist at Merrill Lynch, to note that it is extremely rare to have truck tonnage go down in October ahead of the holiday shopping season — declines of the likes we saw last month took place in 1981, 1982, 2001 and 2002, and these proved to be disappointing sales periods.”