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Jul 7, 2006

Prosperous - USA - Manufacturing still a trucking tailwind

USA -Fleet Owner (subscription), by Terrence Nguyen -Jul 6, 2006: -- The manufacturing sector is continuing its slowing and growing trend but key factors within the sector indicate for-hire trucking will remain generally prosperous through the third quarter... The Institute for Supply Management (ISM) recently announced that its index for manufacturing dipped 0.6 points to 53.8 in June. Any reading over 50 means the manufacturing sector is growing. Of particular interest to trucking in the ISM report is that manufacturer and customer inventories were too low, supplier deliveries were slowing for the 36th consecutive month, and order backlogs grew...

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