Skip to main content

The Transportation Sector Appears To Be Carrying Its Own


The transportation sector appears to be carrying its own, and even though we are seeing fluctuation in the DOW transportation index, we think it will maintain gradual growth.

Our economy should also continue with its slow recovery, however, we do need to keep and eye on job creation, only 88,000 Jobs in March were created compared to 268,000 the previous month, and even though the unemployment rate came down to 7.6%, that seems to be as a direct result of 500,000 of the unemployed actually giving up and dropping out of the job market, certainly not good news!

We also have to be concern with the economic situation in Europe, if it does not stabilizes, we can see a reversal of our recovery due to a trickle down effect.

Comments

Post a Comment

Popular posts from this blog

Freight factoring is the purchase of accounts receivables and ideal for trucking companies that typically bill their customers on credit terms of 30 to 90 days, it is designed to eliminate the cash flow problems associated with aged receivables. For more information visit:  https://www.1sttruckingfactoring.com/
Post a Comment
Read more
Why freight factoring is so important to a carrier?  Freight factoring is the blood flow of cash flow, a carrier to remain competitive and operate successfully must offer credit to its customers, typically 30 to 90 days, so this is cash that the business will not receive right away, so how can the business operate having to wait that long for their payments, well, freight factoring?  With factoring, the trucking company sells its outstanding invoices to a factoring company right after the invoice is issued, providing the carrier with the necessary cash to continue operating without a cash flow shortfall. https://www.1sttruckingfactoring.com
1 comment
Read more

Samsung Safety Truck works to make trucks transparent

Getting stuck behind a slow-moving truck on a one-lane road is never fun. You can't see what's ahead. You could pass the truck, but is there enough room? Samsung's "Safety Truck" might be the solution. It uses a wireless camera on the truck's front grille, which connects to four displays on the rear of the truck. Vehicles behind the truck can see if another car is approaching (even in the dark), and pass the truck when the coast is clear. Take a look at the YouTube video: https://www.youtube.com/watch?v=6GNGfse9ZK8
1 comment
Read more