The Wheels Just Fell Off: US Trucking Has Not Been This Bad Since The Financial Crisis
by Tyler Durden
ZeroHedge.com
12/30/2015
On the heels of a 59% plunge in new Class 8 orders, we get a fresh take on freight transportation from Morgan Stanley and as you might expect, the picture is most assuredly not pretty. The bank’s TLFIs are bumping along at their lowest levels since the crisis for flatbed, hot van, and refrigerated, suggesting the malaise is widespread.
The Rest…HERE