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Supply
Chain by the Numbers |
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- Sept. 16 , 2011
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Procter & Gamble Moves Down Market; Truckoad Volumes on the Rise; Retail Sales Heading the Other Way; Companies Paying Vendors on Time?
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4% |
In some positive news on the economy, truckload carrier Swift Transportation's CEO this week said he expects freight volumes to be up 4% year-over-year in the third quarter. That after spot market truckload demand increased 4.5% from July to August, according to TransCore Freight Solution’s spot market index, whereas month over month volumes from July to August have on average declined 2.9%. New worries about tight truckload capacity are emerging.
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Growth in retail sales in August excluding automobiles, gas and building materials, the worst performance thus far in 2011, according to Commerce Department figures released this week. The numbers for July were revised downward to just a .3% gain, more evidence that the tepid recovery is wobbling.
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