Freight Rates Soar for Small-Business Truckers in January

It’s a big turnaround from recent years when there wasn’t enough freight demand to fill up all the nation’s trucks and drivers struggled to get attractive rates. This year will be the best for the trucking industry since 2005, said David Ross, an analyst at Stifel Financial Corp. “There are…

Trucking economy: Looking back and looking forward

He was cautious a year ago about investment, exports and government three of the five elements that make up TEA, the other two being consumption and imports but by the end of the year, government spending was the only area of caution. Dieli uses a tool called the Enhanced Aggregate…

Tax Reform: A Negative For The Stock Market

Part of the recent gains can certainly be attributed to the recent tax bill that has sent corporate tax rates to 21% from the previous rate of 35%. If stocks go up in anticipation of tax reform, investors are implicitly expecting that cuts will flow through into businesses’ income. It…