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Trucking News

Wall Street meltdown hurts trucking, too

Published Tuesday, September 16, 2008

The turmoil roiling top investment banks is colossal enough to further tamp down the anemic U.S. economy. The upshot for trucking is it will take even longer to get relief from tight credit-- not to mention to see any rise in the rate of consumer and business spending significant enough to boost the economy. The Wall Street mess is so big it shoved Hurricane Ike right out of the headlines and it isn’t even over yet. There was hope that because U.S. consumer prices dropped last month for the first time in ...

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