Initial signs of a rise in shipping activity are beginning to appear as the economy continues to stagger, according to several key sources in the trucking industry.
At the same time, these sources are cautioning others not to be too optimistic, as the promising signs could just be small spikes based on end-of-quarter or other influences. However, some firms have reported brokered shipments for the last week of March more than 15% higher than the previous week, and up more than 10% over the last month.
There have been other encouraging signs that the overall economy may be on the road to recovery, among them rising home sales and stock prices – which climbed to their highest recent levels.
In addition, it appears that credit markets may be loosening, which could lead to a rise in demand. And finally, consumer confidence recently rose from it’s historic low. Regardless of these few hints of recovery, most caution that it is far too early to celebrate, with more tough, tight times still ahead.
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