Trucking Industry Slows Down In June but Will Continue to Grow

According to the June 2017 Case Freight Index Report, Shipments decreased by 0.4% MoM. However expenditures increased by 1.9% MoM as well as 5.4% YoY. The statistics are an example of how consumers are inclined to spend in the trucking industry demonstrating that their will continue to be growth. One of the main factors contributing to these changing numbers is the e-commerce industry. Since consumers are spending more online it is resulting in a growth for the trucking industry.

​Overall the freight industry has resulted in growth since the March 2015 recession. It is forecasted that freight will continue to grow by 2.8% for 2017 while trucking will continue to be the dominant freight mode.

Read more about the industry’s growth on Supply Chain Dive.

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