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Thursday, March 31, 2011

TRUCKING STATISTICS * USA - Truckload Capacity Eases, Index Shows

Longbow index down almost 6 percent in March, up 41 percent since January


New York,NY,USA -The Journal of Commerce Online, by William B. Cassidy -Mar 30, 2011: -- The Longbow Research Truckload Barometer dropped less than 1 percent this week, indicating the contraction of truckload capacity is slowing... Truckload capacity appears to have leveled and even loosened slightly after shrinking fast in the first months of 2011, according to the research firm's index... Since January, the index has risen 41.1 percent. The index measures available freight against available equipment, climbing as capacity contracts... Year-over-year, the barometer is up nearly 80 percent, Longbow said March 29. The index dropped to 155.1 this week from 156.4, 155.8 and 164.5 in prior weeks...

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